Prospects of Blockchain Use in Intellectual Property

Despite the potential of the blockchain in solving the problems facing intellectual property law, its use in this area has boundaries, which are determined both by the properties of the technology itself and by the characteristics of the results of intellectual activity and rights to them. These boundaries relate to the use of blockchain for registration and accounting of intellectual property objects, their tokenisation, protection of the interests of copyright holders, the State and society in the sphere of their turnover. The purpose of the article is to explore the limits of the use of blockchain in the field of intellectual property, considering the risks of such use, including the problems of duplication of information about objects in different distributed registries, the inconsistency of this information and its inconsistency with the real situation. The authors conclude that the solution to the problem is possible by adequate legal regulation in this area, as well as by expanding the powers of Rospatent through the mandate to authorise the entry of information on intellectual rights into blockchain information systems.