UAE Dubai Customs have secured a second intellectual property certificate from the UAE’s Ministry of Economy for their groundbreaking “Blockchain System for Managing Intellectual Property and Knowledge Assets”.
Engineer Saeed bin Faris, Manager of the Awareness and Education Section in Dubai Customs, has developed a smart system based on blockchain technology for managing intellectual property and knowledge assets.
The system provides strong and transparent protection for intellectual property rights, ensuring the protection of the creations of inventors, authors, and rights holders. The system will also enhance cooperation between government agencies and international organizations, contributing to the unification of efforts to protect intellectual property worldwide.
Government departments will be able to register IP (Intellectual Property) assets which comes after four innovations and inventions developed by Dubai Customs employees in 2022.
First of its kind in UAE, the system provides an impregnable and transparent defense for intellectual property rights, ensuring the protection of creators, authors, inventors, and all rights holders. Furthermore, this game-changing system will boost collaboration between government agencies and international organizations, solidifying efforts to shield intellectual property on a global scale. This exceptional achievement will forge new avenues towards an even brighter future, and it will mark a significant milestone in the annals of innovation and technology.
Engineer Saeed bin Fares, Manager of the Awareness and Education Section, stated, “The advanced capabilities of this technology now serve to protect the rights of inventors, innovators, and trademark owners, enabling them to improve their mechanisms for monetizing their innovations and trademarks”.
He added, “This achievement crowns the efforts of Dubai Customs in protecting intellectual property rights, where the department works to combat counterfeit goods at Dubai’s border crossings, supported by the recycling of seized counterfeit goods to preserve the environment and promote local and global sustainability efforts.”