Ring Fencing
There is a parallel between the use of barbed wire in the American prairies to establish property rights and the modern challenge of protecting intangible assets like intellectual property. Barbed wire allowed landowners to enforce title by fencing off land instead of branding ownership onto cattle. Decentralized technologies, such as blockchain, could transform the way intangible assets are protected, just like erecting fences around real estate, made it inherently resistant to trespass.