Frequently Asked Questions

Intellectual Property

Intellectual Property (IP) refers to creations of the mind, which include inventions, literary and artistic works, symbols, names, images, and designs used in commerce, among others.  IP is divided into two main categories. The first category is industrial property, which includes patents, utility models, trademarks, industrial designs and geographical indications of source.  The second category is copyrights, which includes literary, musical, and general artistic works such as novels, poems, movies, songs, drawings, paintings, videos, photographs, sculptures, and architectural designs.

The primary purpose of IP laws in jurisdictions around the world is to promote innovation by granting IP rights.  IP rights give inventors, artists, and other IP owners the ability to protect their ideas, artistic works, and other IP assets.  This allows IP owners to freely create without fear that someone else will capitalize on their efforts.  IP laws are also meant to benefit society by encouraging inventors and artists to reveal their work to the public, in exchange for IP rights and the opportunity to monetize and receive other benefits from their IP asset.

Increased globalization and the development and growth of today’s Internet worldwide have made IP protection more important than ever. It is vital to maintain the integrity of IP by having laws that protect IP rights and facilitate future innovation, progression, and advancements in various industries of the world economies. It is also important to use new and emerging technologies, such as distributed ledger technology (DLT) and blockchain technology, to help protect IP rights, and manage and monetize IP assets worldwide.

is the exclusive right given to the creator of a creative work to reproduce the work, usually for a limited time. The creative work may be in a literary, artistic or musical form. Copyright is intended to protect the original expression of an idea in the form of a creative work, but not the idea itself. A copyright is subject to limitations based on public interest considerations, such as the fair use doctrine in the United States. Some jurisdictions require “fixing” copyrighted works in a tangible form. It is often shared among multiple authors, each of whom holds a set of rights to use or license the work, and who are commonly referred to as rights holders. These rights frequently include reproduction, control over derivative works, distribution, public performance, and moral rights such as attribution.

Copyrights can be granted by public law and are in that case considered “territorial rights”. This means that copyrights granted by the law of a certain state, do not extend beyond the territory of that specific jurisdiction. Copyrights of this type vary by country; many countries, and sometimes a large group of countries, have made agreements with other countries on procedures applicable when works “cross” national borders or national rights are inconsistent.

Typically, the public law duration of a copyright expires 50 to 100 years after the creator dies, depending on the jurisdiction. Some countries require certain copyright formalities to establishing copyright, others recognize copyright in any completed work, without formal registration.

is a form of intellectual property that gives its owner the legal right to exclude others from making, using, selling, and importing an invention for a limited period of years, in exchange for publishing an enabling public disclosure of the invention. In most countries patent rights fall under civil law and the patent holder needs to sue someone infringing the patent in order to enforce his or her rights. In some industries patents are an essential form of competitive advantage; in others they are irrelevant.

The procedure for granting patents, requirements placed on the patentee, and the extent of the exclusive rights vary widely between countries according to national laws and international agreements. Typically, however, a patent application must include one or more claims that define the invention. A patent may include many claims, each of which defines a specific property right. These claims must meet relevant patentability requirements, such as novelty, usefulness, and non-obviousness.

Under the World Trade Organization’s (WTO) TRIPS Agreement, patents should be available in WTO member states for any invention, in all fields of technology, provided they are new, involve an inventive step, and are capable of industrial application. Nevertheless, there are variations on what is patentable subject matter from country to country, also among WTO member states. TRIPS also provides that the term of protection available should be a minimum of twenty years.

is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks. The trademark owner can be an individual, business organization, or any legal entity. A trademark may be located on a package, a label, a voucher, or on the product itself. For the sake of corporate identity, trademarks are often displayed on company buildings. It is legally recognized as a type of intellectual property.

The first legislative act concerning trademarks was passed in 1266 under the reign of Henry III, requiring all bakers to use a distinctive mark for the bread they sold.[citation needed] The first modern trademark laws emerged in the late 19th century. In France the first comprehensive trademark system in the world was passed into law in 1857. The Trade Marks Act 1938 of the United Kingdom changed the system, permitting registration based on “intent-to-use”, creating an examination based process, and creating an application publication system. The 1938 Act, which served as a model for similar legislation elsewhere, contained other novel concepts such as “associated trademarks”, a consent to use system, a defensive mark system, and non claiming right system.

The symbols ™ (the trademark symbol) and ® (the registered trademark symbol) can be used to indicate trademarks; the latter is only for use by the owner of a trademark that has been registered.

is a type of intellectual property in the form of a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information that is not generally known or reasonably ascertainable by others, and by which a person or company can obtain an economic advantage over competitors. In some jurisdictions, such secrets are referred to as confidential information.

It is generally a bad idea to use material on the Internet for your own business purposes – at least not without permission.  Just because someone publishes a picture, story, quote, etc. on the Internet does not mean it is free for the taking (even if the appropriate TM, SM ® or © designations are not used).  Even giving the author credit will not save you – you can’t avoid copyright or trademark infringement by being nice.

That being said, there are a number of web sites with free clip art that you may use however you wish.  Keep in mind that everyone else can use this clip art as well, which means that you are not building recognition or good will by using these symbols in the promotion of your business.  It is ALWAYS a good idea to avoid using clip art in your business logo.

The chances are VERY good that you have developed and own several forms of IP in your business and you don’t even know it!  The best way to find out is to hire a reputable IP attorney to conduct an IP audit.  This is a process whereby you partner with your attorney to teach them your business, review your marketing materials, discuss your business name and/or logo, and examine your internal processes to make a comprehensive list of all IP you have developed, and then determine the best and most efficient means for protecting it.  An IP audit can be an effective tool in all stages of a business and is the most efficient means of ensuring you are protecting yourself adequately in the area of Intellectual Property.

Federal copyright registrations are the least expensive to secure, followed by federal trademark registrations, and finally the most complex component of IP protection, U.S. patents.  While it is sometimes possible to file pro se (by yourself), IP law is quite complex, and most people engage an attorney to interface with the Patent and Trademark Office on their behalf.  Without experienced counsel, you may inadvertently give up important rights and not discover the problem until it is too late to correct, if correction is even possible.  Most attorneys in this area will provide you with a budget after understanding the nature of your IP rights.  In that way, you will know what the initial process costs up front.

Patents are very technical and specific. Ideas are not often eligible for a Patent. The invention typically needs to be new and novel technology; or a new use of technologies; and a material improvement upon existing technology. But there are several types of Patents. I recommend that you schedule a consultation with the LegalZoom provider law firms that have Patent expertise to fully discuss your idea. Jeffrey Lippman’s offices are located in Leesburg, Virginia. Mr. Lippman is licensed to practice law in the District of Columbia and the state of Maryland, and his comments may only apply to those jurisdictions. If your question applies to a different jurisdiction you should check with an attorney in that jurisdiction. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

An invention is any useful process, machine,  composition of matter, or any new or useful improvement of the same.

Under U.S. law, an inventor is a person who takes part in the conception of the ideas in the patent claims of a patent application. Thus, inventorship on a patent application may change as the patent claims are changed during prosecution of the application. An employer or person who only furnishes money to build or practice an invention is not an inventor. Inventorship is a legal issue and may require an intricate legal determination by the patent attorney prosecuting the application.


Our Platform

In a nutshell, i would say the big difference between us and other projects is that we want to provide everything IP, not just the verification via blockchain.

We will offer proof of authorship and ownership using some unique features of vechain and our platform, but we will also offer an IP asset marketplace to monetize all kinds of IP assets, and also partner with a network of IP attorneys around the world to work hand in hand with our users/customers.

Once our platform is released, it will help make Intellectual Property assets more manageable and widely accessible for all to use. Hence, why it is being built with blockchain technology.
I believe another one of the key benefits will be the opportunity to sell, license, or auction any IP assets that you have in our IP Asset Marketplace, or better known as THORM.

We plan on launching our own marketplace called THORM, where you can sell, license, auction, and trade IP assets. In the future, we may even integrate our POA engine into other marketplaces.

The PlanChain platform includes an IP Asset Marketplace called THORM that allows users to monetize their IP assets. THORM can use NFTs that represent IP assets and the metadata associated with the IP assets. Users can create profiles on THORM and also IP portfolios (linked to their profiles) to list, showcase, and monetize all of their IP assets. All transactions will be powered by the PLAN utility token and the VechainThor Blockchain, and may optionally use fee delegation (such MPP for VTHO) or atomic swaps.

  • Sell: users can list their IP assets for sale.
  • License: users can list their IP assets for license.
  • Trade: users can indicate their IP assets are also available for trade.
  • Auction: users can sell their IP assets in an auction format.
  • IP Asset Portfolios – each user can showcase a portfolio of their IP assets.

Examples:

    • Users can showcase a portfolio of digital photographs or other artistic works for sale/license/etc.
    • Companies and individuals can showcase a portfolio of their issued patents for sale/license/etc.
  • IP asset pooling – users can pool two or more IP assets for sale or license as a group.
  • Muti-party IP asset pooling – multiple users (such as multiple companies or individuals) can pool multiple IP assets for sale or license as a group and share the proceeds per the terms of an agreement.
  • Automatic transfer of ownership – automatically transfer the proof of authorship and ownership from the seller(s) to the buyer(s).
  •  IP Asset Inheritance solutions – offer the user the option to sign up for inheritance solutions for their IP assets using technology powered by our partner SafeHaven.

The PlanChain ecosystem also includes a mobile application for IP asset management called SNAP BLOCK (patent pending) that integrates most or all of the features of the Proof of Authorship Engine, the IP Vault, and THORM: IP Asset Marketplace. Furthermore, SNAP BLOCK offers unique and innovative features for the user that is on the go.

  • User snaps a digital photograph (or records a video or other media).
  • PlanChain automatically, or based on user input, generates a record on the VechainThor Blockchain for proof of authorship and ownership of the photo.
    Two options:

    • Automatic option enabled – instantly and seamlessly perform operation after capturing photo.
    • User input option enabled – user asked to confirm immediately after capturing photo, and operation performed instantly after user confirmation.
  • PlanChain automatically generates blockchain certificate for user.
  • User has option to instantly create a Non-Fungible Token (NFT) of their photo.
  • User has the option to add a digital signature to their photo to visually indicate a record of ownership has been added to the blockchain (and optionally add other metadata).
  • User has the option to seamlessly add their IP asset to the IP Vault, and to their profile/portfolio in the THORM IP Asset Marketplace in order to monetize their IP asset.

 

All transactions using the SNAP BLOCK mobile application will be powered by the PLAN utility token and the VechainThor Blockchain, and may optionally use fee delegation (such MPP for VTHO) or atomic swaps.

KYC

You can do your KYC on this link: https://kyc.planchain.io/

You need to send the following pictures:

  • Government national ID (front)
  • Selfie with ID + handwritten document with name, date , planchain on it and your signature
  • Proof of adress

Make sure the country you live in is not restricted

If that is all ok , please contact the planchain team.

PARTICIPANTS FROM AT LEAST THE FOLLOWING COUNTRIES CANNOT PARTICIPATE IN THE PRE-SALE OR THE TGE: UNITED STATES OF AMERICA (USA), SOUTH KOREA, SINGAPORE, CHINA, AND CERTAIN “SENSITIVE COUNTIES(SUCH AS IRAN, IRAQ, LIBYA, SUDAN, SYRIA, AND OTHERS). PARTICIPANTS ARE REQUIRED TO PERFORM KYC PROCEDURE BEFORE PARTICIPATING.

The KYC approval doesnt take long,  approval should not take longer then 1 week.

You can view your status when you login into https://kyc.planchain.io after you perform KYC. Also, you will receive an email once you are approved.

Yes – it is safe to do KYC with us. Your information will remain private and secured.

General Questions

VeChainThor Mobile Wallet (https://apps.apple.com/us/app/vechainthor/id1397679485)

First, we are a vertical of Safe Haven which is also powered by VeChainThor, so it would only make sense to run on the same blockchain.
Secondly, VeChain has established themselves as an enterprise blockchain with very prestigous partners and a valuable network.
There are many other reasons, like better technology, but these are the main ones

our platform will be architected where each transaction will use the PLAN token.  whether its obtaining the proof of authorship/ownership, or licensing/selling some IP assets.  Each of the features we described above will require PLAN tokens. 

Unfortunately the team cannot release these details yet.