We are delighted to announce the partnership with IPwe to introduce their unique patent transaction platform to Japan. IPwe created the first platform for the world’s patent ecosystem, connecting buyers and sellers of patents and patent-related services, creating a tradable asset. IPwe leverages the power of artificial intelligence (AI), data mining, predictive analytics and blockchain to unlock global patent value. Please contact us for more information.
Recently, I found a misleading website which provides registration service for intellectual property. It provides a global registry for patents, designs and trademarks on the blockchain network. It says you can register an intellectual property in minutes at a cost of less than $15. This website should add more explanation. The registration on the blockchain certainly helps you prove the existence of a particular document at some point in time. However, it doesn’t create rights of patent, design or trademark, even if such a document describes a new idea, design or trade name. You need to file an application to the patent office and get through an examination to obtain […]
We previously reported that the Japanese government initiated a blockchain project for content management. Finally, the government has set up a budget to develop a blockchain-based content service platform. This platform allows for monetization of derivative works. It records the relationship between contributors of an original content and its derivative works. Also, it enables to distribute income from the contents to the contributors. A smart contract will help to manage the permission of creating derivative works and the income sharing. The government expects this platform to create a new content market. Conceptual scheme of the service platform The attached chart shows the conceptual scheme of the service platform disclosed by the government. Two […]
Ultraman, it’s one of Japan’s superheros like America’s Superman. A copyright holder of Ultraman, Tsuburaya Productions has been in dispute with Chinese production companies which produced and released a film featuring Ultraman in 2017. These Chinese companies now released another film featuring Ultraman. In response to this, Tsuburaya Productions made a statement on January 17 2019 that “we will take all necessary legal steps to protect our legal rights.” (The featured photo is a scene in the film trailer). This case is actually not so simple like typical Chinese copycat cases. The disputes began with a Thai businessman (Chaiyo Productions), who had friendship with a former president of Tsuburaya Productions, claiming […]
Japanese largest musical copyright administration society JASRAC reached an agreement with a movie theater group on September 6 2018 that, for foreign films which will be released from November 2018 to March 2021, JASRAC will collect 6-level of music royalty of JPY 150,000 (approx. USD 1,350) to JPY 300,000 (approx. USD 2,700) in accordance with the number of screens. Currently, JASRAC is collecting JPY 180,000 (approx. USD 1,600) per film work. Reportedly, JASRAC is calculating on increased revenue by 15% to 20% by this agreement. For Japanese films, JASRAC is collecting the royalty for each of the musics in accordance with the number of screens, which is different from the […]