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Data Usage and the Legal Stability of Transactions for the Commercial Operation of Autonomous Vessels Based on Digital Ownership in Korean Civil Law

Author

Listed:
  • Changhee Lee

    (College of Maritime Sciences, Korea Maritime & Ocean University, Busan 49112, Korea)

  • Yulseong Kim

    (Department of Logistics System Engineering, Korea Maritime & Ocean University, Busan 49112, Korea)

  • Youngran Shin

    (Department of Shipping and Port Logistics, Korea Maritime & Ocean University, Busan 49112, Korea)

Abstract

Stakeholders in the maritime industry have agreed to expand commercial operations by developing autonomous vessels, the epitome of innovative technologies. However, they are still concerned about the risks of infringing on the rights and interests of individuals or organizations linked to data transactions. Based on Locke’s theory of property ownership, and the assurance of absolute ownership as specified in the Constitution of the Republic of Korea, the business model is still in its early stages. This study examined the concept, transaction structure, and application scope of data activating digital platforms to support data transactions, and aid in advancing the new business sector for commercial operations of maritime autonomous surface ships (MASSs). Consequently, this study contributes to and recognizes the future value of knowledge and intellectual property related to maritime data. This is achieved by defining the intellectual property emerging from newer avenues, such as MASSs, blockchain technology, and smart ports, that are consequential to the rapid development of the maritime industry.

Suggested Citation

  • Changhee Lee & Yulseong Kim & Youngran Shin, 2021. "Data Usage and the Legal Stability of Transactions for the Commercial Operation of Autonomous Vessels Based on Digital Ownership in Korean Civil Law," Sustainability, MDPI, vol. 13(15), pages 1-18, July.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:15:p:8134-:d:598328
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    References listed on IDEAS

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