Legal Risks and Coping Strategies of Block Chain Managing Trade Secrets: Enlightenment of Chinese Experience

Abstract The management and legal protection of trade secrets is the common goal for all countres. Block Chain was found a huge advantage in protecting trade secrets as an advanced form of mathematical application. To better protect trade secrets for solutions, this study was to find out the legal risks faced with Block Chain. Basic theories of trade secrets and Block Chain were analyzed after reviewed literatures and empirical. The contemporary risks faced were put forward combined in practice. The better ways to protect trade secrets were discussed based on the current judicial practice of China. It was argued that problems of electronic storage and evidence collection of trade secrets would be solved Block Chain protection of trade secrets. Great risks and challenges would be confronted ahead albeit confirmed by the judiciary. It was concluded that a long time was dispensable for Block Chain managing and protecting trade secrets.