Intellectual Property (IP) refers to legally protected creations of the mind, including inventions, artistic works, trademarks, and patents. Blockchain technology is transforming IP management by providing verifiable proof of ownership and secure digital rights enforcement.

How Intellectual Property Works:
IP rights grant creators exclusive control over their work. Key types of IP include:

Patents: Protects inventions and technological innovations.
Trademarks: Safeguards brand names, logos, and symbols.
Copyrights: Covers literary, artistic, and digital works.
Trade Secrets: Protects confidential business information and processes.