The intellectual property (IP) industry is hindered by outdated, costly processes that lead to missed monetization opportunities and financial waste for many creators. Blockchain technology offers a transformative solution by streamlining IP registration, automating licensing and royalty distribution, and enhancing transparency and security. This report explores the inefficiencies in the current IP system, the potential of blockchain to address these issues, and how Story Protocol aims to create a more efficient, programmable IP value chain.
Advanced AI Digests with all of the features in Lite plus Key Developments for major protocol changes
