A Secure Permissioned Blockchain Based System for Trademarks

A trademark may be a word, phrase, symbol, sound, color, scent or design, or combination of these, that identifies and distinguishes the products or services of a particular source from those of others. Obtaining a trademark is a complex, time intensive and costly process that involves varied steps before the trademark can be registered including searching prior trademarks, filing of the trademark application, review of the trademark application and final publication for opposition by the public. Currently, the process of trademark registration, renewal and validation faces numerous challenges such as the requirement for registration in different jurisdictions, maintenance of centralized databases in different jurisdictions, proving the authenticity of the physical trademark documents, identifying the violation and abuse of the intellectual property etc. to name a few. Recently, blockchain technology has shown great potential in a variety of industries such as finance, education, energy and resource management, healthcare, due to its decentralization and non-tampering features. Furthermore, in the recent years, smart contracts have attracted increased attention due to the popularity of blockchains. In this study, we have utilized Hyperledger fabric as the permissioned blockchain framework along with smart contracts to provide solution to the financial, procedural, enforcement and protection related challenges of the current trademark system. Our blockchain based application seeks to provide a secure, decentralized, immutable trademark system that can be utilized by the intellectual property organizations across different jurisdictions for easily and effectively registering, renewing, validating and distributing digital trademark certificates.