Intellectual Property Law Firm in Maldives Archives - Blog | Trademarkmaldives

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

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