Alibaba Group Platform Management Department will introduce blockchain technology to upgrade intellectual property protection system

On May 23, Alibaba Group Platform Management Department announced that it will introduce blockchain technology upgrade intellectual property protection system to better provide global enterprises and brands, especially small and medium-sized enterprises, with intellectual property protection services to protect innovation and defend genuine products. Ali Xizhi, the director of intellectual property protection, said that Ali is in the process of upgrading the filing of intellectual property rights by utilizing the openness, transparency and inability to modify the blockchain. In September this year, blockchain technology will be first used in the original protection plan of Ali, and gradually expanded to the field of digital copyright protection such as pictures, audio and video. In this upgrade, Ali Platform Management introduced the financial grade commercial blockchain technology of Ant Financial Group.