Empowerment of Intellectual Property Rights with Planchain

Iman muda
4 min readOct 8, 2019

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Recognition of a work certainly requires authentic evidence so that it can be trusted by the wider community of ownership rights. All human beings have basically been blessed with different talents and have their own uniqueness. This also encourages the presence of a variety of works both in written, oral and visual forms such as films and videos. From this review of ownership rights, of course we will refer to the term intellectual property. Where did you know that intellectual property is currently divided into two categories, namely property and copyright. Where industrial property includes patents, trademarks, utility models, industrial designs, etc. While copyright includes music, novels, photos, videos, paintings, pictures, songs, poems, films, etc. Seeing these various types of intellectual property, actually this recognition is not only in the struggle just to prove ownership rights. However, it is also because intellectual property has a very high market value if it is in great demand by the public. Surely it would be unfair if this market value was enjoyed by some parties without certain agreement. In addition to ownership rights to intellectual property, it also encourages scientists and artists to continue to launch works that can change and bring the world to a better and more strategic direction.

As we know that business will develop when the opportunity arises. As is the case at this time many scientists or artists who have not registered ownership of their work with the relevant official government offices. This may be caused by a number of bureaucratic processes and the funds needed. This will certainly be a particular concern for inventors or artists. Therefore Planchain comes by using DLT technology that can help IP (Intellectual Property) owners to prove ownership rights and of course also to monetize them. Therefore this step will be an immediate angina for the IP owners who have painstakingly finished and finished their work.

Various forms of IP protection will certainly be traveled by using Blockchain technology as its main operating system and DLT technology as one of the most reliable technological components by it. In the process of managing Planchain uses PLAN and Blockchain Vecahainthor utility tokens to protect, manage and monetize IP in the latest and innovative ways. In addition, the current Planchain service system is divided into 3 broad lines, namely in the fields of copyright, patent rights and trademarks. Also, be aware that copyright has different meanings and benefits from patents. Where copyright will be proof of IP ownership, while patents are proof that IP can be used for other industrial purposes. For example, with the formula of adhesion or “crack factor” which is owned by Baharuddin Djusuf Habibie’s copyright, which has now been patented for a number of companies engaged in the aviation sector. Therefore, before making management of ownership rights and monetization on Planchain, the owners of IP works are also required to understand how the concept of management will be their work. Therefore from the presence of Planchain we can understand that as an inventor or creator of a work. We are also not only required to create fantastic and quality works. But it must also understand the process of legality as a form of respect for the work.

If you have an interest in Planchain services, the main thing you can do is provide cryptocurrency currencies such as PLAN tokens or other fiat currencies that can later be used to enjoy a variety of services. This currency difference will certainly not be a problem because Planchain will convert it automatically. The integration of Blockchain technology encourages the use of Vechainthor and the SHA-256 algorithm to produce a permanent record of ownership of IP assets, which also includes a timestamp that is recorded in detail and accurately. All of these processes will produce a certificate that proves the copyright and patent rights of the IP assets. Furthermore, the owner can also get NFT (Non-Fungible Token) which is used for storage and monetization of IP assets.

Planchain is currently in a partnership with a number of potential customers or companies. This is of course done not only to get consumers, but the most important thing is to further introduce the functions and advantages of Planchain in the eyes of the wider community.

Thank you for reading this article, for more information please click the link below:

Website: https://planchain.io/#snap-block-mobile-app

White paper: https://planchain.io/wp-content/uploads/2019/08/onepager-28-08-2019.pdf

Telegram: https://t.me/Planchain

My information

BTT: https://bitcointalk.org/index.php?action=profile;u=2538358;sa=summary

VET: 0x76171af90553FA861069D672d7F4385e01a301Bf

#PLAN_TGE_CONTENT

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