Intellectual Property Tokenization refers to the process of converting rights associated with intellectual property (IP), such as patents, copyrights, and trademarks, into digital tokens on a blockchain. This allows IP owners to represent their assets in a digital form, making them easier to trade, sell, or license.By creating tokens linked to specific IP rights, owners can fractionalize their assets. This means multiple investors can own a share of a high-value property, increasing access to investment opportunities. Tokenization can also enhance transparency, as blockchain technology ensures that ownership and transaction history are immutable and easily verifiable.Moreover, it can streamline licensing processes. Smart contracts—self-executing contracts with the terms directly written into code—can automate royalty payments or usage rights, minimizing disputes and reducing administrative costs.Through tokenization, intellectual property becomes more accessible and liquid, potentially unlocking new revenue streams for creators and increasing the efficiency of IP markets.