Russia and Uzbekistan are working together at the national level to implement blockchain solutions for various use cases. Also, the municipality of Tashkent will adopt blockchain services provided by two Russian companies.

IPChain to Provide Blockchain for Copyright Protection

The Russian National Intellectual Property Transactions Coordination Center (IPChain) and the municipal authorities of Tashkent, the capital city of Uzbekistan, signed a memorandum of understanding (MOU) to collaborate on copyright protection by leveraging blockchain technology, local media agency TASS reported last week. The partnership aims to ensure the protection of intellectual property rights and secure patent records with the help of distributed ledger technology (DLT).

Jasur Zahidov, head of innovation department of the Tashkent municipality, commented:

“We hope that the cooperation with IPChain will give an impetus to the development of the entire intellectual property sphere of Uzbekistan. Scientists, inventors and creators, as a rule, do not always clearly understand how to monetize their intellectual property. Now they will know that copyrights do work and can generate income.”

According to the agreement, Russian IT and blockchain-oriented companies and startups will have better access to Uzbekistan’s IP market, while Uzbek IP holders will benefit from improved protection both in the homeland and in Russia. The partnership aims to introduce IPChain solutions as DLT standards meant to protect patent recor…

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