Learning Guide for Rights Asset Trading System

Learning Guide for Rights Asset Trading System

Glossary

Definition of TermsPatent rights assets refer to intangible assets protected by law, including but not limited to: authorized patents, patent applications, trade secrets, trademarks, proprietary technologies, designs, software code modules, and distribution rights. Blockchain A distributed database that uses cryptography to ensure data security and immutability. Cryptocurrency A digital or virtual currency that uses cryptography to ensure transaction security and control the creation of new units. Smart contract A piece of code stored on the blockchain that automatically executes when pre-set conditions are triggered. Tokens represent digital units of an asset or utility that can be stored and traded. Patent rights asset tokens Tokens that represent partial or full ownership of a patent rights asset. Trading wallets Temporary storage addresses for receiving and sending cryptocurrencies or tokens. User wallets Addresses controlled by users for storing cryptocurrencies or tokens. Deep web refers to the part of the Internet that cannot be indexed by standard web search engines. Metadata Data that describes data, such as patent titles, patent numbers, application dates, etc. Artificial intelligence refers to the technology that machines use to simulate human intelligence, such as machine learning, deep learning, etc. Blacklists Lists of individuals or organizations that are prohibited from accessing or trading. Fiat money Legal tender issued by a government, such as the US dollar, euro, etc. Escrow account An account held by a third party to safely keep funds or assets. Digital key An electronic code used to encrypt and decrypt data. Public key A key used to encrypt information, which can be accessed by anyone. Private key A key used to decrypt information, which can only be accessed by the key owner. KYC (Know Your Customer) A process of identifying and verifying the identity of a customer to prevent illegal activities such as money laundering and terrorist financing. Ethereum An open source blockchain platform that supports smart contracts and decentralized applications (DApps). ERC-20 A token standard on the Ethereum blockchain for creating interchangeable tokens. ERC-721 A token standard on the Ethereum blockchain for creating non-interchangeable tokens, such as NFTs. NFT (Non-Fungible Token) A unique, non-interchangeable token that represents ownership of a digital or physical asset. FRAND (Fair, Reasonable and Non-Discriminatory) refers to the licensing terms for standard essential patents, requiring patent owners to license patents to any willing licensees on fair, reasonable and non-discriminatory terms. Short answer question

What is the purpose of the patent rights asset trading system?

A: The purpose of the patent rights asset trading system is to use blockchain technology to create a more transparent, efficient and convenient patent rights asset trading platform to solve the problems of existing market opacity, high transaction costs, and information asymmetry.

How does the patent rights asset trading system use blockchain technology?

A: The patent rights asset trading system uses blockchain technology to record all transaction information to ensure transaction security and transparency, while using smart contracts to automate transaction execution and rights transfer to improve transaction efficiency.

How can users use cryptocurrency to purchase patent rights asset tokens in the trading system?

A: Users need to first exchange their cryptocurrency for tokens used in the trading system, and then use these tokens to purchase tokens representing specific patent rights assets.

What role does the deep web address play in patent rights asset trading?

A: The deep web address can create a temporary and difficult-to-trace trading wallet for securely storing and transferring patent rights asset tokens.

How is user preference information used to optimize the patent rights asset trading experience?

A: The system can recommend patent rights assets that users may be interested in based on user transaction history, preference settings and other information to improve transaction efficiency and user experience.

How does the patent rights asset trading system solve patent infringement issues?

A: The trading system can provide a variety of mechanisms to protect patent rights, such as: the issuer retains the right to defend rights, token holders jointly defend rights, and establish a rights protection fund.

How to determine the value of patent rights asset tokens?

A: The value of patent rights asset tokens is determined by multiple factors such as market supply and demand, the value of the patent itself, and expected returns.

How can issuers use templates to create patent rights asset tokens?

A: Issuers can use templates to set information such as the number of tokens issued, license terms, target markets, and generate smart contracts to ultimately issue tokens.

How can patent rights asset tokens be converted into patent licenses?

A: When users have accumulated a sufficient number of tokens, they can choose to convert them into patent licenses. The system will automatically generate a license and destroy the corresponding tokens.

What impact will the patent rights asset trading system have on the future patent market?

A: The patent rights asset trading system is expected to build a more transparent, efficient and convenient patent market, promoting technological innovation and the circulation of intellectual property rights.