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[VIDEO NEWS] WIPO launches new service for safeguarding digital assets

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The World Intellectual Property Organization (WIPO) launched a new online business service, WIPO PROOF, that provides tamper-proof evidence of the existence at a point in time of any digital file, including data sets, in any format.
WIPO PROOF complements the Organization’s existing intellectual property (IP) systems by helping innovators and creators take verifiable actions to safeguard the many outputs of their work on the journey from concept to development to commercialization.

Innovative and creative activities in today’s increasingly digitized world are often global and collaborative, producing a vast array of data files containing valuable content that can easily fall prey to misuse or misappropriation.

This content can range from trade secrets to scripts, musical scores and other creative works, to research results, large data sets, artificial intelligence algorithms, or any business record.

All of these should be treated as intellectual assets and be independently and securely documented at every stage of development, regardless of whether they eventually become formal IP rights.

WIPO PROOF provides an efficient tool for creating evidence of the existence of an asset’s digital files at each specific point in time, helping mitigate the risk of future legal disputes, as well as laying a foundation for any eventual registration of a formal IP right.

“In a highly dynamic global economy where value is increasingly based on human activity enabled by digital technologies and big data, it is critical to be able to prove that you were in possession of your intellectual asset’s digital files. WIPO PROOF helps innovators and creators better protect their digital outputs and represents a significant step in expanding WIPO’s suite of services that meet the demands of the digital economy”, said the WIPO Director General, Francis Gurry.

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By creating a date- and time-stamped fingerprint of a digital file, WIPO PROOF provides a sort of digital notary service, offering a trusted, cost-effective and efficient service worldwide. WIPO PROOF joins WIPO’s market-leading IP services for patents, trademarks, industrial designs, geographical indications and arbitration and mediation.

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@TechEconomyNG connects past-present-emerging technological impacts on Businesses, People and Cities. All Correspondence to: [email protected]

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