Rights

The lack of clear investor rights in Bitcoin (BTC) and other blockchain-based cryptocurrencies and the absence of aboveboard regulations to protect rights are concerning public authorities, and upon request, the Capital Markets Board of Turkey has taken action to review and regulate digital currencies and intermediaries.

Due to the way sports are massively loved and supported globally, tokenization is a new solution that will have a strong impact on the future of gathering capital in the games and sports industry.

The Russian Supreme Court has made it clear that “digital rights,” which is a term used to mean coins and tokens in the country’s law, can be used to facilitate illegal activities such as bribes, in the same way as fiat currency, property and other valuable assets are.

Digital platforms are spreading more and more with business models based on our data and which, by default, threaten our rights. On the other hand, the privilege to the portability of personal information required by the GDPR assumes an important role for a change.

One superb Chinese online author identified as Chen Hongyan aka Lingchen has developed a practice in her innovative method of frequently uploading and storing her literary works onto a tamper-proof blockchain-powered store. When she uploads a piece of work, she by design gets a series of data as the digital ID for the work.

Blockchain technology is finding applications in the field of copyright, both with regard to the protection of the ownership of Intellectual Property (IP) works and for their exploitation for economic purposes. In these contexts platforms such as Tutelio arise on one side and DTube on the other.

Blockchain and distributed ledger technology (DLT) can revolutionize the art market in Italy through the use of cryptocurrency. The buyer gets not the physical good but a certificate of ownership, so there may be more involved. However, everything take place through platforms and the process has got its own problems and risks.

A platform for property rights protection using blockchain technology has recently been launched in Italy. It will provide storage and digital management services for intangible assets including cryptocurrencies. Customers will also be helped in conducting different strategic matters for the management, conservation and protection of rights, so as to reduce the risks of dispersion and loss of IP rights.

Recently, the Central Bank of Italy published a report against digital currencies including Bitcoin (BTC), defining them as dangerous, useless, speculative and inefficient. The bank is not happy with how cryptocurrencies are being used.