Proliferation of copycat non-fungible tokens based on media image sparks fresh concerns over authenticity, creators’ rights.
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Boosted by state incentives, companies in China are filing more blockchain patent applications than anywhere else. But how many patents got awarded?
Most artists earn a pittance and have little bargaining power against record labels and streaming platforms. But blockchain could level the playing field.
China has received the largest number of patent applications globally. Intellectual property applications themselves are a revenue source for the government, which generated $35 billion in fees paid for using IP rights.