PLANCHAIN - Intellectual Property (IP) Asset Management Simplified

STARTER INFORMATION

With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, Planchain, a next generation Intellectual Property (IP) Asset Management Platform that is powered by the (PLAN) utility token and the VechainThor Blockchain has arrived.

"In today’s knowledge economy, an increasing share of business value is derived via intangible assets; thus, success often depends upon the ability to manage and exploit intellectual property (IP). For that reason, companies require managers to effectively acquire, govern and commercialize copyright-and patent-protected content.

The introduction of new blockchain-enabled tools to represent unique assets and to manage the development and payments for IP, will drive innovation across the value chain. By building blockchains that allow users to store and transact IP, business leaders will leverage these platforms to enhance and protect their most valuable resources. Content producers, owners of IP, distribution partners and end consumers all stand to benefit."

With that being said, the Planchain platform offers blockchain-powered IP asset management solutions in the areas of copyrights, trademarks, patents, and trade secrets.

But before we go any further, please check out this video presentation to get even more acquainted

Now that I have your attention, let’s get right to it.

What exactly is PLANCHAIN?

As depicted above and as indicated on the official websiteundefined of Planchain, Planchain is a next generation Intellectual Property (IP) Asset Management Platform that is powered by the (PLAN) utility token and the VechainThor Blockchain.

The Planchain platform will utilize DLT or blockchain technologies to help manage, protect, and monetize IP assets in innovative ways. The Planchain platform offers blockchain-powered IP asset management solutions in the areas of copyrights, trademarks, patents, and trade secrets.

Planchain is a platform which is being worked on by a group of individuals who are equipped with all the knowledge about Intellectual Property which guarantees the user of top-notch services. This is yet another sector which will be heavily influenced by blockchain technology once you go ahead and purchase your PLAN token to make PlanChain a success.

About The Intellectual Property Rights

Patents

It’s a right granted by the government to an inventor or their successor-in-title thus giving the owner the right to exclude others from making, selling, using, offering to sell and importing an invention for a particular limited period. This is in exchange for the public disclosure of the invention.

Copyrights

Copyright usually grants the original creator of a certain invention exclusive rights to it for a limited period. Copyright only covers the form or manner in which ideas and information are expressed.

Industrial design rights

This right protects the visual design of objects which are not purely utilitarian and consists of the creation of a shape, composition of pattern colour among many others features that make a product look appealing and thus increases the commercial value of goods.

Plant varieties

These are rights to commercially use a new plat variety.

Trademarks

A trademark refers to a recognisable sign, expression or design which distinguishes products or services of a specific trader from similar products or services of other traders.

Trade dress

The art that generally refers to characteristics of the visual and aesthetic appearance of a certain product signifying the source of the product to the consumers.

Trade secrets

The practice, formula, process design, pattern, instrument or information compilation that is not known or reasonably ascertainable. Trade secrets allow a business to obtain an economic advantage over customers and competitors.

About The Planchain Token

It needs its own token to implement all its actions, that is, transactions, which will act as fuel for the entire network. PlanChain has such a token, it is presented in the form of plan token utilities, developed on the basis of VechainThor. The token itself will meet the following criteria, which you can clearly seen below.

Token Generation Event Details

PlanChain utility token ticker: PLAN

Total supply: 1.5 billion PLAN

Estimated circulating supply (when PLAN tokens released): 525 million PLAN

Approx. cost per token in public round: $0.02 USD/PLAN

40–65% discounts/bonus for presale round participants, see details below

25–40% discounts/bonus for node round participants, see details below

First #VeFam ecosystem project that offers discounts to BOTH VET X-node holders and SHA node holders

One of the few projects in the industry that will have token utility prior to public sale round — MVP of Proof of Ownership Engine will launch during Presale or Node rounds

Token Allocation

Meet The Amazing Team

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

WEBSITE: https://planchain.io/

TELEGRAM: https://t.me/Planchain

One Pager: https://planchain.io/wp-content/uploads/2019/08/onepager-28-08-2019.pdf

BITCOINTALK: https://bitcointalk.org/index.php?topic=5186272.0

FACEBOOK: https://www.facebook.com/pg/Planchain-104873814238934

TWITTER: https://twitter.com/Planchainio

MEDIUM: https://medium.com/@PLANCHAIN

REDDIT: https://www.reddit.com/r/PlanChain_io/

LINKEDIN: https://www.linkedin.com/company/15822031/

YOUTUBE: https://www.youtube.com/channel/UCTfi44r1DCf8Rm1dYOfqEBQ

Author: Cryptoholical

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.