ISSUE 4 – JUNE 26/2025 – SEPTEMBER 26/2025
PATENT LICENSING 2.0: LEGAL FEASIBILITY AND CHALLENGES OF SMART CONTRACTS IN THE IP ECONOMY
AUTHOR’S NAME – Cheran S, B. Com LL.B. (Hons.), Third Year.
INSTITUTION NAME – SRM School of Law, SRM Institute of Science and Technology, Kattankulathur, Tamil Nadu.
Received on 25 June 2025, Accepted on 27 June 2025, Published on 4 July 2025
ABSTRACT:
The traditional way of patenting has become an old story today, and the globe is fast-forwarding everything with AI and recent technological advances. The patenting industry also needs some real V8 engines to catch up with the other industries. The traditional patent licensing is soaked in written agreements and manual enforcement, which creates inefficiency in the total scope of the patent licensing. This paper explores the revolutionary idea of using smart contracts, which are self-executing agreements powered by blockchain, in patent licensing, as they will cure the disease of inefficiency and diagnose the costly manual enforcement. This paper particularly focuses on the Indian context by incorporating the common law interpretations, and the paper concludes by recommending legislative reforms to recognize smart contracts in the patent laws and incorporating smart contracts in the patent licensing with the help of the existing framework of TRAI’s use of smart contracts in the telecom industry.
( Volume 3 Issue 3 – 2025 )( Publication Date 04 /July/ 2025 )
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CYBERSECURITY LAWS IN INDIA- OUTDATED?
AUTHOR’S NAME – Akshit Dev Singh, B.A.LL.B, Second Year.
INSTITUTION NAME – Symbiosis Law School, Nagpur.
Received on 18 June 2025, Accepted on 20 June 2025, Published on 7 July 2025
ABSTRACT:
In this world where almost everything revolves around technology, and technology is rapidly advancing at a very fast rate, these advancements have made our lives easier. It has given rise to cybersecurity issues and various cyberattacks. This paper will discuss the state of cybersecurity in India and the legal framework related to it, like the Information Technology Act 2000 and the more recent Digital Personal Data Protection Act, 2023. While the Information Technology Act deals with cyber-related issues but it has become outdated over a period of time, and this paper highlights new threats like AI-driven attacks, multi-stage intrusions, and ransomware, and IT Act inefficiency handling these cases. This paper also talks about India’s cooperation globally and how it has helped build international relations with other countries.
( Volume 3 Issue 3 – 2025 )( Publication Date 07 /July/ 2025 )
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