Intellectual property (IP) laws are becoming obsolete. Blockchain has paved the way for a more voluntary society without the coercion of the government.
Blockchain technology like smart contracts are faster and cheaper ways of executing legal contracts. It’s also more trustworthy and it can prevent situations like a dishonest landlord who claimed you didn’t pay rent on time, and provide proof from thousands of other ledgers who confirmed a transaction.
Basically, if the conditions for a contract aren’t met then the code inside it would not execute the end result. Check out this beginner’s guide on how smart contracts work.