Lithuania joined EUIPO’s IP register in Blockchain

Latest news from EUIPO that the State Patent Bureau of the Republic of Lithuania joined the IP Register in Blockchain on April 7, 2022. The blockchain network has expanded to four offices, which include EUIPO, the Malta Commerce Department (the first EU country to join Blockchain), and the Estonian Patent Office.

These offices can connect to TMview and Designview through Blockchain enjoying very high-speed and high-quality date transfer (near-real-time). In addition, Blockchain provides date integrity and security for the users and IP offices.

Christian Archambequ, the Executive director of the EUIPO: “his cutting-edge technology allows for the development of a strong distributed platform providing a secure, fast and direct connection, where data on IP rights can be tracked, traced, and, therefore, fully trusted. We look forward to moving together towards a further expansion of the IP Register in Blockchain."

Lina Lina Mickienė, acting Director of the State Patent Bureau of the Republic of Lithuania:  

“We are pleased to be working with the European Union Intellectual Property Office and have no doubt that using the Blockchain network will bring many positive results towards faster and more secure use of intellectual property information. Nowadays, it is very important to ensure the security of the information provided, and the use of Blockchain increases the reliability of the intellectual property system. The use of innovations in the provision of intellectual property information is a great advantage for the users of this information.”

What is Blockchain?

Blockchain is a new technology using for improving data transfer speed while maintaining high quality. Data integrity and security were taken to another level by improving connectivity between users and their IP rights and speck up the connection between IP offices.

According to EUIPO, after join IP register Blockchain node in April, Malta has transferred 60000 records to TMview and DesignView through a blockchain network.

Christian Archambequ said, “‘Malta’s enthusiasm and commitment have been a key success factor in realising the considerable achievements of the project to date. By joining the blockchain, we further improve IP office connectivity to TMview and DesignView and we open the door to new blockchain-enabled services for our customers.”

Lithuania joined EUIPO’s IP register in Blockchain

Post time: May-30-2022