What Can Impact Intellectual Property Trends In 2020?

Till now, when it’s around 20 days from the start of the year 2020, you hopefully be aware of statistics from 2019, no matter whether in association to Intellectual Property (IP), brand protection, or anti-counterfeiting. Nevertheless, besides gaining information about the past year, it is vital to consider some of the key IP and brand protection trends for 2020, and the new decade beyond.

In 2020, we undoubtedly expect to hear more about the US-China trade talks, and the European (EU) Copyright Directive. However, this is not all. We can come across many other trends and stories that would be significant for brands and how they secure themselves from IP infringement in this year.

Artificial Intelligence and Machine Learning

2020 is expected to be the phase when many companies move from experimenting with new tools and technologies to their broader implementation. The scope of Artificial Intelligence (AI) and Machine Learning (ML) looks to increase and affect the interactions brands used to have with consumers and counterfeiters.

It appears as if the sophistication of conversational AI interactions will enhance, resulting in improved communication between businesses and consumers. It further may improve buying patterns. On the other hand, ML will become more advanced in regards to image recognition, data clustering, and web scraping. It means that data monitoring and IP enforcement will benefit comparatively more from automation, allowing machines to fight the scams in addition to human expertise.

Blockchain

Blockchain and its operative use in anti-counterfeiting can be the other key area of growth in 2020. As technology is becoming cheaper day by day, the world would see it into the hands of many more businesses. Widespread adoption and embedding of blockchain-based smart contracts system will make the technology to execute a license for the use of original creator’s IP, scale automatic payment, and ensure that he/ she gets the correct compensation for his/ her unique work. Apart from assisting the users in making profits by earning more money and saving financial resources on getting agents to manage IP, blockchain technology would work even to prohibit content piracy, one of the common challenges creators often encounter. Indeed, 2020 and other upcoming years are expected to provide blockchain technology with advancements that would help you monetize your IP in several new ways.

Social Media Expansion: WeChat, TikTok, Etc.

For a long time, online platforms have dominated the talks about the availability and impacts of counterfeit and copied goods. As these platforms have been one of the easiest ways for consumers to shop, they have created spaces where fake sellers of infringed products or services could anonymize their identities. Previously, online platforms like social media sites, including Facebook, Twitter, etc., were a secondary option for counterfeiters and sellers of violated products. Nonetheless, with the introduction of additional social commerce-oriented extensions, they gained importance. Social media channels are remarkably difficult for Intellectual Property Law enforcement to target as communications on these channels are private. Moreover, there is no ID transparency rule, and accounts can be made using false information. All these facts make it important for the brands to enlist the support of an experienced IP Attorney. They can also partner with a specialized Intellectual Property Law Firm that can provide online monitoring and IP enforcement. This is what we expect to see more in 2020.

Another thing to watch in 2020 will be the increase in both the size and scope of spaces like WeChat, TikTok and more. As counterfeits and IP abuse, especially Copyright Infringement, is common on online sites and channels, brands need to be cautious about ‘how can they deal with such issues.’ Intellectual Property Law Firm in Maldives or any country appears to be the best helping hand to battle against the problems caused by counterfeiting and IP abuse in this advanced but malicious decade. For more visit: https://www.trademarkmaldives.com

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All About The Trademark Registration In Maldives

A trademark is a type of Intellectual Property (IP), which includes a logo, brand name, or sign that can distinguish your products and services from those of others. Hence, Trademark Registration in Maldives or at any place is one of the best and legal ways to restrict others from using your unique mark. For instance, the logo of NIKE and its tagline JUST DO IT are registered trademarks, and therefore, cannot be used by any unauthorized user. In other words, no one can use this logo or tagline without the consent of the original owner.

A Registered Trademark can benefit the owner in several ways. For example, it reduces the chances of theft and misuse of original assets, creates the brand reputation and goodwill among the targeted customers, etc. So, we can say that trademarking your logo, sign, or name is an excellent means to enjoy remarkable advantages like:

• Robust Trademark Registration Protection that keeps your assets secured against infringement
• Better sales of your products and services by creating goodwill among consumers.

In view of the above merits, it is always recommended (even by the experienced IP Attorneys) to go for trademark registration as soon as you could. Nonetheless, trademark laws are country-specific, i.e., different nations have different laws. For instance, the Trademark Law of Maldives may not possesses the same rules as Trademark Law in India does. Hence, before proceeding to register a trademark, it is better to comprehend the law according to the country where you want to do so. Here, in this article, we will discuss the trademark registration in Maldives.

Indeed, there is no specific legislation that governs the Trademark Registration Process in Maldives. Here, the question arises – if there’s no specific law governing registered trademarks in Maldives, then how do people secure their trademark rights. And the answer is – the protection of trademarks in this country is obtained by the publication of the Cautionary notice in the newspaper in English or local language.

Trademark Registration Proceedings

As discussed above, the Trademark Protection in Maldives is acquired by publishing a cautionary notice in the leading newspaper. This notice can be published for multiple classes or a single class. The application can undoubtedly include products and services in any number of classes, but for each additional class, the applicant needs to pay additional charges. Power of Attorney isn’t required. The entire procedure to acquire trademark protection by using Cautionary Notice in Maldives may take around 2 to 4 weeks.

Although this procedure to obtain trademark protection doesn’t include filing, advertisement, and examination, the following information regarding the mark needs to be involved in the cautionary notice:

• Name, status, address, and nationality of the proprietor
• If the mark is a logo, then JPEG image of the same
• Classes and specifications of relevant products & services.

Note that there is no limitation to the size of the cautionary notice.

Trademark Registration Duration and Renewal

Due to the lack of trademark law, the protection of trademarks in Maldives is obtained and used under common law, i.e., cautionary notice. Accordingly, there is no rule for the duration and renewal of trademarks. Nonetheless, the re-publication of the cautionary notice is recommended every two to three years.

Publishing a cautionary notice as per common law in Maldives is a way to make the public aware of the original owner’s ownership on the mark. Thus, the same can assuredly be brought to the Court in the case of Trademark Infringement. Hence, if you desire to enjoy the benefits of doing business in Maldives without any fear, cautionary notice is the safest and fruitful way. Be confident and go for this easy-to-get-protected option now. Nevertheless, if you face any difficulty or have any doubt, feel free to reach an experienced Trademark Attorney or Intellectual Property Law Firm in Maldives. These are the professional helping hands that will serve you with the best possible aid. Because of being familiar with almost everything to be used or avoid for ensuring robust trademark protection, they will keep you away from issues like the rejection of your request, infringement upon or violation of your mark, and many more. For more visit: https://www.trademarkmaldives.com

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5 Vital Things To Consider Before Applying For A Patent

On the path from just an idea to inventing success, there are undoubtedly many pitfalls that can disturb our way. Sadly, one of the biggest pitfalls is incomplete knowledge. There are a lot of things that we as inventors should know. From the importance of patenting our invention to How to Apply for a Patent and understanding the role of patent protection are some obvious things with which we should be familiar. What follows, however, are the five things that inventors must know and understand when they intend to file a patent application.

Five Key Points to Consider When You File a Patent Application

1.     Comprehend ‘Why Are You Doing This?’: People often take patent filing as just a task related to their invention, and thus, go with the flow and apply for a patent. Well, it is not at all a good idea, you should always actively engage in the patent process after gathering complete information as, after all, it’s the matter of your invention’s protection. Comprehend what patents are for, how can they profit your business, what do you expect from them, etc. In general, you may want to file a patent application for several reasons. For instance, an issued patent grants you exclusive rights to stop infringers. Your patent application, whether it ends up with a granted patent or not, acts as a public prior art document that prevents others from filing a patent application for a similar thing in the future. A patent portfolio shows your seriousness about the protection of your IP and can boost your company’s reputation and prestige.

2.     Opt for Precise Filing Method: When it comes to the patent filing, you will find several approaches. Although it is a straightforward decision that you can easily make depending on your needs, gathering information regarding each method will be advantageous. You can opt for filing the non-provisional patent application, Provisional Patent Application, international patent application, PCT application, or Design Patent

3.     Prefer Working Under Supervision of Your Patent Attorney: Your patent lawyer do it for a living and strive to serve you with remarkable profits. Hence, he or she is a valuable asset in this whole Patent Process. Never hesitate to ask questions and clear your doubts. Besides, stay in touch throughout your application preparation process. Ensure that your attorney will prepare the final application based on your disclosure as it will make things go right and the procedure easier. The lawyers can’t read minds, and therefore, possibly need your help to explain everything in your application adequately. Ask your engineers and inventors to spend some time helping them. Don’t forget to make your attorney aware of what you consider to be the ‘inventive’ part of your invention and what differentiates it from the others’ already invented assets. Your lawyer assuredly knows that the application requires multiple details described precisely, and creates it in the same way. However, being careful and ensuring that everything goes correctly and politely on your part is also essential to avoid possible issues due to the use of stern language.

4.     Don’t Miss Out to Review the Draft Application: After preparation of the application when you are about to file it, you should review everything to ensure completeness and accuracy. Make sure that nothing important is missing, and the description describes every aspect of your invention such that all who go through it can understand the same. Moreover, emphasize substance more than style, i.e., though stylish and eye-catchy, yet if something seems weird, consult your attorney about it.

5.     Get Familiarized with Deadlines and Apt Timings: An experienced and knowledgeable solicitor is the best person to tell and explain these to you. Nevertheless, some imperative deadlines and timings as per the US Patent Law state that it’ll be in your best interest to apply for a patent before disclosing the invention to anyone. Furthermore, if you wish to prioritize your application officially at the USPTO, you have to do so on the day you apply, as it will not be possible later. Foreign and PCT patent applications need to be filed within a few months of the initial US patent application.

Conclusion

Although applying for a patent is a gratifying and proud process, it can be time-consuming and difficult. But if you stay updated with the day-to-day reforms surrounding the IP industry and consider the five points mentioned above, there will be no or hardly anything that prevents you from obtaining robust patent protection. Furthermore, stay confident to consult an Intellectual Property Law Firm or IP Attorney if you have any other query. Good Luck! ✅   For view source: https://bit.ly/2roU76K

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