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Experts: blockchain system of IPChain Association is one of the most advanced in the Russian Federation

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According to Elena Avakyan, the Adviser of the Federal Chamber of Lawyers, IPChain Association system is one of the most advanced and sophisticated blockchain systems. 

IPChain Association blockchain system is one of the most advanced in Russia, laying the foundation for the register accounting in the state management systems. The opinion was expressed by experts during the International Legal Forum in Moscow. 

As noted by Elena Avakyan, the Adviser of the Federal Chamber of Lawyers, several years ago the digital economy was considered a global prospective, but today the actual signs of implementation of such systems are on the outside. “The most remarkable trend of today is the transition to digital state. We see more and more digital platforms designed for the state. We hear more and more about digitalization of registers, see more and more computerization” – said the expert. 

In her opinion, today there is no better principle for many solutions than blockchain. “I believe that one of the most advanced and sophisticated blockchain systems in Russia and in IP segment in general is the system of IPChain Association, which laid the foundation of the register accounting in the state management systems” – underlined Avakyan 

In return, Elizaveta Afanasyeva, the lawyer of IPChain Association, noted that today from three to four specialized projects are being implemented in all countries to develop various platforms for protection and management of intellectual rights based on blockchain. “In Russia one developed and launched IPChain – the universal infrastructure for registration of rights to all types of the intellectual property items, meeting all requirements of the digital market and allowing the consumers and producers of the intellectual property items to cooperate in conditions of maximum transparency” – she added.  

Afanasyeva explained that using the algorithms IPChain makes it possible to find a specific item, trace its history and see its status as well as to store, identify data about the item and exchange data both within the network and with external contractor.   A particular advantage, according to Afanasyeva, is that services for specific sectoral needs can be developed based on IPChain. “Moreover, IPChain helps to register the fact of an item creation and to establish the authorship – such digital records may be used for transactions with the intellectual property items and as evidence in a court” – she underlined. 

The International Legal Forum is held in Moscow for the seventh time. The representatives of the State Duma, the Federation Council, International Chamber of Commerce of Russia take part therein. IPChain Association is an official partner of the forum. 

Source: https://tass.ru/ekonomika/6126861