Regulating Crypto in India: How it looks like?
The history of cryptocurrency and blockchain innovation makes a new history of unprecedented financial innovation. This challenges the status quo in the structures of regulation and compels governments worldwide to take a relook at their approach on financial regulation. Two landmark cases that have defined the regulatory terrain of digital currencies are discussed in this […]
Regulatory Challenges and Opportunities in Cryptocurrency: A Comparative Study of India and the U.S.
IAMAI v. RBI and SEC v. Ripple Labs, two cases from different contexts of law, ponder questions at the bedrock of what cryptocurrency is, and just how far the writ of regulatory authority reaches. In IAMAI, the Indian Supreme Court firmly impresses this principle of proportionality: the act of regulation should be proportionate to demonstrated […]
The Use Of Blockchain Technology To Resolve India’s Land Disputes
INTRODUCTION Ownership of a property in India is mainly created by a recorded sale deed underneath the current legal system. A sale deed is a legal document that documents the buyer and seller’s agreement to sell property. Aside from the selling deed, additional documents that are commonly used to show ownership over a property include […]
NFTs : The Latest Technology Challenging Copyright Law
Introduction The development of cryptocurrency has noticed a surge in the number of people trading in these currencies. Similarly, rapid growth has been seen in Non-Fungible Tokens, with more and more people entering the industry. NFTs have metadata and unique identification code that cannot be replicated. However, a variety of legal loopholes arise from these […]
Crypto Coins and Metaverse: Does the World Need a Sci-Fi Turned Reality?
Crypto Coins and Metaverse: Technological advancements have always been signifying of the boundless dimensions human minds can travel. Being the curious beings we are, humans have never failed to leave a feather untouched or a stone unturned. Be it through years of dedication and hard work or by accident, inventions and discoveries have only pushed […]
Patent applications for blockchain technology : A Comparative Study Between India And U.S.A
Introduction A Comparative Study Between India And U.S.A Patent applications for blockchain technology have been fast increasing around the world. Blockchain patents are being filed worldwide in the financial industry, non-financial sector (real estate), and other generic areas, according to a comprehensive assessment and analysis of the blockchain patent landscape. Many people associate blockchain with […]
Rise Of IP Issues Due To The Increasing Popularity Of NFTs
Introduction It is no news that cryptocurrency and blockchain technology have taken over the sphere of digital currency. But in this sphere of metaverse and blockchain currencies, the Ethereum blockchain has gained skyrocketing popularity with the evolution of Non-Fungible Tokens. NFTs have indeed transformed the world of digital assets and ownership, with sales as high […]
Role Of NFTs In The Fashion Industry: An Overview
Introduction Recently, a new trend of merging blockchain technology with the creative intellectual property via non-fungible tokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. The principles that govern the luxury fashion industry are similar to those that govern other industries. […]
Indian Cryptocurrency Saga: Regulation and IP Protection
Introduction Cryptocurrency is a comparatively new word to the average Indian citizen despite the digital currency and the technology behind it i.e. blockchain being around for more than a decade with the establishment of the Bitcoin in 2008 as the first major cryptocurrency in the world.[i] Since then multitudes of different crypto currencies coming into existence, […]
Creators’ Paradise: Non-fungible Tokens
Introduction Non-Fungible Tokens (hereinafter, NFTs) have seen a meteoric rise in their usage and have been linked to all types of creative works such as photographs, tweets, music albums, and other varied digital media. Garnering such stature, with an NFT for an animated GIF selling for more than $500,000, an NFT for digital art snapping […]