On behalf of all of the PlanChain team, we are excited to announce the main features of the PlanChain IP Asset Management platform (patent pending) and the utility of the PLAN token. We would also like to introduce the innovative features of the SNAP BLOCK mobile application (patent pending).
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 assets.
Planchain is a next generation Intellectual Property (IP) Asset Management Platform that is powered by the PlanChain (PLAN) utility token and the VechainThor Blockchain. The Planchain platform will utilize DLT and blockchain technology 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, and patents.
Our platforms:
The PlanChain platform includes a Proof of Authorship Engine to create an immutable record of the authorship and ownership of an IP asset (e.g., a +copyrighted asset, such as a digital photograph) on the VechainThor Blockchain. After receiving the blockchain certificate, the user may add an NFT of their IP asset to the IP Vault for secure storage or to the IP Marketplace for monetizing their IP. The PlanChain platform will have a partner network of IP professionals around the world. The user will have the option to work with one of our partner IP professionals if the user wants to register their IP in one or more official government offices.
⚫User upload one or more files associated with IP asset
⚫User provide PLAN utility tokens
⚫SHA-256 algorithm generates one or more hashes
⚫Optionally use fee delegation (such MPP for VTHO), or atomic swaps
⚫Generate immutable record on VechainThor Blockchain of the authorship and ownership of the IP asset, including a timestamp
⚫Generate DLT or blockchain certificate for user to document the authorship and ownership
⚫User has option to create a Non-Fungible Token (NFT) of their IP asset
After receiving the blockchain certificate, the user may add an NFT of their IP asset to the IP Vault for secure storage or to the IP Marketplace for monetizing their IP. The PlanChain platform will have a partner network of IP professionals around the world. The user will have the option to work with one of our partner IP professionals if the user wants to register their IP in one or more official government offices.
The PlanChain platform includes an IP Vault that allows users to securely store their files associated with their IP assets, blockchain certificates, NFTs, draft documents, contracts, among others.
Private Vault: secure storage that is only accessible by the user
Linked Vault: secure storage where the user can enable restricted access to certain vault documents to linked accounts, such as a IP professional working with the user.
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.
How does it work?
⚫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.
We are also excited to announce that the Private Sale for the PLAN utility token will be starting soon. We will provide the Tokenomics and private sale details within the next few days.
Links:
Telegram: https://t.me/Planchain
Telegram: https://t.me/Planchainannouncements
Website: https://planchain.io/
Reddit: https://www.reddit.com/r/Planchain/
Medium: https://medium.com/@PLANCHAIN
Twitter: https://twitter.com/Planchainio