Protection of digital Intellectual Property (IP) is a vital part of our modern infrastructure/economy. Protecting IP gives an incentive to the creators to do what they are good at: Inventing. Intellectual Property Rights also helps in recovering the costs associated when creating a new technology as well as any profits for continuous investments. What is IPR? “IPR refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time.” ( 1 ) With the advancement of technology, opportunities are arising for businesses to develop and share their inventions around the world. The gap between production and customers is shortening. Consumers can access digital products near instantly. Business can receive payments instantly through online payment systems. This seamless interconnection between manufacturers and consumers is possible because of new tools and software, such as payment systems, being invented. Why is protecting Intellec...