Chinese e-commerce giant Alibaba can integrate blockchain technology into its intellectual property system of worldwide enterprises and brands, native news outlet Sohu reported on May 23.

Ali Xizhi, the company’s director of intellectual property protection, reportedly stated that Alibaba is within the process of upgrading the filing of intellectual property rights by utilizing blockchain. Alibaba is attending to absolutely implement the technology in Sep, once that it'll be enlarged to digital copyright protection, as well as visual content.

The system can supposedly enable electronic deposits from international brands to directly link to the web Court through the blockchain-based Ali intellectual property Protection Platform ("IPP Platform"), providing a basis for proceeding rights protection. China has reportedly founded 3 internet courts in Hangzhou, Beijing and Guangzhou to manage internet-related cases and permit plaintiffs to file their complaints on-line.

In March, Alibaba and aerospace information Co., a significant software system developer and supplier, agreed to take advantage of their several brand technologies “to actively integrate resources and perform in-depth participation" in the fields of distributed computing administrations, fund and tax collection, government undertakings and blockchain innovation, among others.

Likewise, in March, VP of Alibaba Group Liu Song uncovered the organization's arrangements to execute blockchain innovation for cross-fringe supply chains, with the likelihood to interface with neighborhood governments.

Earlier this week, a report by Securities Daily News disclosed that Alibaba had applied for 262 blockchain patents.

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