Trade Secret as Intellectual Property Strategic
Tool in Industry 4.0
Prity Khastgir
TCIS India, Level-5, Caddie Commercial Tower, Novotel Hotel, Hospitality District Aerocity,
IGI Airport, New Delhi 110037 India
khasip@khastgir.com
Abstract -- In covid situation, most businesses have reviewed
their existing contracts to understand scope of parties involved
and thereby Intellectual Property clauses and sub-clauses of any
contract or agreement become very important. Private blockchain
implementation in the current scenario is key to the maze to
protect trade secrets in a confidential manner.
Progressive IP strategy and partnering with right partners to
create and maintain sustainable development positions in the
market to serve customers and catering to their needs is the need
of the hour. Proactive strategic signed contracts and agreements
should be mandatory for smooth functioning of any start-up or
enterprise. Negotiation, Mediation and Arbitration are like trinity
in law to resolve any arising conflict.
Keywords: Intellectual Property, Trade secrets protection, Blockchain
implementation, Industry 4.0, Public domain
I. INTRODUCTION
EVERY technology launch contributes to macroeconomic
growth of the country. Contracts and agreements drafted around
technology licensing or assignments play a pivotal role as to
how developed innovation would be deployed in different
verticals. Over the last one decade, we have witnessed a very
strong nonlinear curve and especially with what forms part of
terms and conditions to exert control over under applicable
contract law while collaborating with different parties to
manage successful ventures in Industry 4.0 operating in
multiple jurisdictions and protecting trade secrets.
Primarily, contracts and proper agreements in place sets the
ambit right to protect trade secrets of technology driven startup ventures. Understanding Intellectual property landscape and
conducting IP due-diligence is very important and is essentially
a first step to understand short-term and long-term goals to
prepare rock solid IP strategy with a holistic viewpoint.
Intellect is the creation of the mind and protecting intellectual
capacity by utilizing different IPRs is key to deliver market cap
results. In covid situation, most businesses have reviewed their
existing contracts to understand scope of parties involved and
thereby Intellectual Property clauses and sub-clauses of any
Smart contracts offer the potential to bring greater automation and efficiency to the derivatives market. But can a derivatives contract ever be fully automated? Will smart contracts take the place of paper contracts? ISDA’s Ciarán McGonagle explores the issues.
Blockchain ensures that all copies of the ledger in a 'Smart Contract' are identical in real time for each member in the network which makes it easy, quick and hassle free for businesses to close deals and enforce terms of agreement. Here's a quick guide to understand Smart Contracts.
START-UPS: PROTECT YOUR RIGHTS IN SOFTWARE INDUSTRY Yuvraj Narvankar
The growing IT sector and growth of Start-ups necessitated the better documentation to protect the respective rights and IPR. In India, the agreements should to be suited to the local condition with due regard to the court system and judicial response to such clauses. Any copy-paste approach may prove appalling in long term. Inadvertent drafting of payment Clauses meant for ensuring effective payment are seen to be attracting huge tax liability. Similarly blind adoption of arbitration clauses may lead to tremendous expense shoot-up making it costly deal for the Start-ups. Any casual approach can prove fatal for Star-ups in long term.
RegTech - regulators accelerating adoption of emerging technologiesLapman Lee ✔
Lapman Lee - managing director at Duff & Phelps provides his point of view how RegTech can help address (some of) the compliance challenges and how regulators are actually accelerating the adoption of emerging technologies benefiting the overall FinTech / InsurTech ecosystem.
Smart contracts offer the potential to bring greater automation and efficiency to the derivatives market. But can a derivatives contract ever be fully automated? Will smart contracts take the place of paper contracts? ISDA’s Ciarán McGonagle explores the issues.
Blockchain ensures that all copies of the ledger in a 'Smart Contract' are identical in real time for each member in the network which makes it easy, quick and hassle free for businesses to close deals and enforce terms of agreement. Here's a quick guide to understand Smart Contracts.
START-UPS: PROTECT YOUR RIGHTS IN SOFTWARE INDUSTRY Yuvraj Narvankar
The growing IT sector and growth of Start-ups necessitated the better documentation to protect the respective rights and IPR. In India, the agreements should to be suited to the local condition with due regard to the court system and judicial response to such clauses. Any copy-paste approach may prove appalling in long term. Inadvertent drafting of payment Clauses meant for ensuring effective payment are seen to be attracting huge tax liability. Similarly blind adoption of arbitration clauses may lead to tremendous expense shoot-up making it costly deal for the Start-ups. Any casual approach can prove fatal for Star-ups in long term.
RegTech - regulators accelerating adoption of emerging technologiesLapman Lee ✔
Lapman Lee - managing director at Duff & Phelps provides his point of view how RegTech can help address (some of) the compliance challenges and how regulators are actually accelerating the adoption of emerging technologies benefiting the overall FinTech / InsurTech ecosystem.
Goldman Sachs defines the IoT (Internet of Things) as the third wave of internet revolution: by connecting to the internet billions of devices, the IoT opens up a host of new business opportunities and challenges. According to McKinsey, the IoT has the potential to create up to $6 trillion economic value annually by 2025. TechIPm provides the expert consulting services for the IoT patent strategy/R&D/monetization.
Impact of digital disruptions on business contractsMohib Khurram
This research essay details the effects that a disruptive technology like smart contracts cloud computing might have on the businesses such as medical, construction or aerospace. Further, the types and impacts of such technology in our daily life is detailed. The essay is divided into four parts. The first part describes the purpose of the essay in detail and sets out the layout of the essay. The second part describes the technology which is disruptive in detail and provides the background and history of the same and describes how cloud computing and smart contracts have evolved and the how these items work in regular life. The third part describes the different of contracts that might occur. The fourth part describes the impact that the disruptive technology of cloud computing and smart contracts has on the businesses worldwide. This is followed by a conclusion which summarizes the arguments put forth within the essay.
Impact of digital disruptions on business contractsAssignment Studio
This research essay details the effects that a disruptive technology like smart contracts cloud computing might have on the businesses such as medical, construction or aerospace. Further, the types and impacts of such technology in our daily life is detailed.The essay is divided into four parts. The first part describes the purpose of the essay in detail and sets out the layout of the essay. The second part describes the technology which is disruptive in detail and provides the background and history of the same and describes how cloud computing and smart contracts have evolved and the how these items work in regular life. The third part describes the different of contracts that might occur. The fourth part describes the impact that the disruptive technology of cloud computing and smart contracts has on the businesses worldwide. This is followed by a conclusion whichsummarises the arguments put forth within the essay.
TRUST. IP and Technology Update - IT Audit Toolkit for CIOs and General Couns...Jan Lindberg
Planning the right strategy to survive third-party licence audits is essential to minimizing your expenses that arise out of third-party audits. In this article, we aim to provide experiences from recent IT disputes from the customer’s or target company’s perspective, as well as tools for handling different technology licensing related breach of contract and copyright infringement claims after licence audits.
The Digital & Technology Practice of Antoniou McCollum & Co. is an integral part of our top tier-ranked law firm. We advise on legal issues and business transactions involving artificial intelligence, distributed ledger technology, cybersecurity and personal data.
Blockchain Smart Contracts - getting from hype to reality Capgemini
The potential of smart contracts – programmable contracts that automatically execute when pre-defined conditions are met – is the subject of much debate and discussion in the financial services industry. Smart contracts, enabled by blockchain or distributed ledgers, have been held up as a cure for many of the problems associated with traditional financial contracts, which are simply not geared up for the digital age. Reliance on physical documents leads to delays, inefficiencies and increases exposure to errors and fraud. Financial intermediaries, while providing interoperability for the
finance system and reducing risk, create overhead costs for and increase compliance requirements.
In this report, we aim to cut through the speculation and hype around the potential of smart contracts. We have conducted detailed discussions with financial services industry professionals, prominent smart contract startups and academics (see Research Methodology at the end of this paper). Our study confirms that smart contract adoption will lead to reduced risks, lower administration and service costs, and more efficient business processes across all major segments of the financial services industry. These benefits will accrue from technology, process redesign as well as from fundamental changes in operating models, as they require a group of firms to share a common view of the contract between trading parties. Consumers will benefit from more competitive products, such as mortgage loans and insurance policies, along with simpler processes that are free of many of the hassles of today’s customer experience.
Smart Contracts in Financial Services: Getting from Hype to Reality. Reporteraser Juan José Calderón
Smart Contracts in Financial Services: Getting from Hype to Reality.
Executive Summary
The potential of smart contracts – programmable contracts that automatically execute when pre-defi ned conditions are met – is the subject of much debate and discussion in the fi nancial services industry.
Smart contracts, enabled by blockchain or distributed ledgers, have been held up as a cure for many of the problems associated with traditional fi nancial contracts, which are simply not geared up for the digital age. Reliance on physical documents leads to delays, ineffi ciencies and increases exposure to errors and fraud. Financial intermediaries, while providing interoperability for the fi nance system and reducing risk, create overhead costs for and increase compliance requirements.
In this report, we aim to cut through the speculation and hype around the potential of smart contracts. We have conducted detailed discussions with fi nancial services industry professionals, prominent smart contract startups, and academics (see Research Methodology at the end of this paper). Our study confi rms that smart contract adoption will lead to reduced risks, lower administration and service costs, and more effi cient business processes across all major segments of the fi nancial services industry. These benefi ts will accrue from technology, process redesign as well as from fundamental changes in operating models, as they require a group of fi rms to share a common view of the contract between trading parties. Consumers will benefi t from more competitive products, such as mortgage loans and insurance policies, along with simpler processes that are free of many of the hassles of today’s customer experience.
THE EVOLUTION OF SMART CONTRACTS: TRANSFORMING BUSINESS PROCESSESLiveplex
We're thrilled to share our comprehensive report on "The Evolution of Smart Contracts: Transforming Business Processes." Dive into the fascinating journey of smart contracts, from their conceptual beginnings to their role today as the backbone of blockchain technology. 🌐✨
Key Highlights:
📜 Historical Overview: Discover how smart contracts have evolved from a theoretical concept to a critical element of the Ethereum blockchain, changing the way we think about digital transactions.
🔒 Enhanced Security: Learn about the advancements in cryptographic techniques, including zero-knowledge proofs, that have significantly bolstered the security of smart contracts.
🌉 Interoperability: Explore how new protocols are enabling smart contracts to interact across blockchain platforms, ushering in a new era of efficiency and utility.
⚙️ Scalability Solutions: Understand the innovations addressing blockchain scalability, ensuring smart contracts can meet the demands of widespread adoption.
🎨 User-friendly Design: See how the development of intuitive programming languages and tools is making smart contracts more accessible to developers and users alike.
Why We Are Open Sourcing ContraxSuite and Some Thoughts About Legal Tech and ...Daniel Katz
Why We Are Open Sourcing ContraxSuite and Some Thoughts About Legal Tech and the Modern Information Economy - By Michael Bommarito + Daniel Martin Katz from LexPredict
Just how much device makers are on the hook for in patent licensing payouts is one of the most debated questions in the IP community. While a complete answer may remain elusive, an analytical approach can help manufacturers assess their risk.
Protecting The Crown Jewels: Trade Secrets and Non-Disclosure Agreements Part IJohn Watkins
These are the slides from Part 1 of our video podcast on Trade Secrets and Non-Disclosure Agreements. The presentation with audio is available at www.ctflegal.blip.tv
https://www.blockchainailawyer.com/iprs Oracle Database is a trademark of Oracle Corporation, which is a leading provider of database software and cloud services. Oracle Database trademark applications are the legal documents that seek to register and protect the Oracle Database brand name and logo in various jurisdictions around the world.
Migrating Oracle Database trademark applications to cloud infrastructure means moving the data and processes related to these applications from on-premises servers or other cloud platforms to Oracle Cloud Infrastructure (OCI), which is Oracle’s next-generation cloud platform that offers high performance, security, scalability, and cost-efficiency for various workloads.
There are several advantages of migrating Oracle Database trademark applications to cloud infrastructure, such as:
Reducing the operational and maintenance costs of managing on-premises servers or other cloud platforms
Leveraging the advanced features and services of OCI, such as autonomous database, data management, analytics, integration, security, and identity
Enhancing the availability, reliability, and performance of the trademark applications and data
Simplifying the compliance and governance of the trademark applications and data across different regions and jurisdictions
Accelerating the innovation and development of new trademark applications and services
There are different methods and tools for migrating Oracle Database trademark applications to cloud infrastructure, depending on the source and target environments, the size and complexity of the data, and the migration objectives and requirements. Some of the common methods and tools are:
Oracle Data Pump: A utility that enables the export and import of data and metadata between Oracle databases, either on-premises or on OCI
Oracle GoldenGate: A software solution that enables the replication and synchronization of data and transactions across heterogeneous databases, either on-premises or on OCI
Oracle Zero Downtime Migration: A tool that automates the migration of Oracle databases from on-premises or other cloud platforms to OCI, with minimal or no downtime
Oracle Cloud Infrastructure Database Migration: A fully-managed service that provides a high-performing, self-service experience for migrating Oracle databases from on-premises, Oracle Cloud, or Amazon RDS to OCI
For more information about migrating Oracle Database trademark applications to cloud infrastructure, you can refer to the following resources:
Overview of Oracle Cloud Infrastructure Database Migration
About the Advantages of Migrating Custom Applications to Oracle Cloud
Learn about migrating Oracle Database Appliance workloads to the cloud
Learn About Migrating Application Data to the Cloud
METHOD AND SYSTEM FOR PREDICTING OPTIMAL LOAD FOR WHICH THE YIELD IS
MAXIMUM BY USING MULTIPLE INPUT ELECTROLYZER PARAMETERS filed by RIPIK TECHNOLOGY PRIVATE LIMITED
This patent describes a system to optimize operations in manufacturing facilities that use electrolyzers. Electrolyzers split water into hydrogen and oxygen using electricity. Their electrical load levels impact costs and efficiency.
The present invention uses AI and machine learning to predict the best way to allocate load across multiple electrolyzers. This maximizes total yield for the manufacturing plant while minimizing electricity costs.
It takes into account equipment factors like the capacity of each electrolyzer. It also considers constraints like raw material supply and product storage limits. The system models chlorine evacuation too since that can hinder caustic soda output.
The algorithms are capable of processing the many complex variables at play. No easy spreadsheet could accomplish this modeling. A type of mathematical optimization called "swarm optimization" is applied. Examples are genetic algorithms and particle swarm optimization.
The AI system keeps adapting its load recommendations based on data coming into its monitoring dashboard. Operators can customize certain parameters but the software is configuring most of the decision logic automatically.
The inventors claim results show their AI optimizer significantly cutting power consumption and costs versus alternatives. Smart coordination of multiple electrolyzers is complex. This technology handles the data analysis to efficiently divide load distribution.
In essence, the patent discloses an intelligent electrolyzer load prediction platform. It leverages AI to boost manufacturing performance while reducing electricity usage. Company managers can see optimized operations guidance on easy dashboard interfaces. It aims to save power, costs and effort through algorithmic process coordination.
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This research essay details the effects that a disruptive technology like smart contracts cloud computing might have on the businesses such as medical, construction or aerospace. Further, the types and impacts of such technology in our daily life is detailed. The essay is divided into four parts. The first part describes the purpose of the essay in detail and sets out the layout of the essay. The second part describes the technology which is disruptive in detail and provides the background and history of the same and describes how cloud computing and smart contracts have evolved and the how these items work in regular life. The third part describes the different of contracts that might occur. The fourth part describes the impact that the disruptive technology of cloud computing and smart contracts has on the businesses worldwide. This is followed by a conclusion which summarizes the arguments put forth within the essay.
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This research essay details the effects that a disruptive technology like smart contracts cloud computing might have on the businesses such as medical, construction or aerospace. Further, the types and impacts of such technology in our daily life is detailed.The essay is divided into four parts. The first part describes the purpose of the essay in detail and sets out the layout of the essay. The second part describes the technology which is disruptive in detail and provides the background and history of the same and describes how cloud computing and smart contracts have evolved and the how these items work in regular life. The third part describes the different of contracts that might occur. The fourth part describes the impact that the disruptive technology of cloud computing and smart contracts has on the businesses worldwide. This is followed by a conclusion whichsummarises the arguments put forth within the essay.
TRUST. IP and Technology Update - IT Audit Toolkit for CIOs and General Couns...Jan Lindberg
Planning the right strategy to survive third-party licence audits is essential to minimizing your expenses that arise out of third-party audits. In this article, we aim to provide experiences from recent IT disputes from the customer’s or target company’s perspective, as well as tools for handling different technology licensing related breach of contract and copyright infringement claims after licence audits.
The Digital & Technology Practice of Antoniou McCollum & Co. is an integral part of our top tier-ranked law firm. We advise on legal issues and business transactions involving artificial intelligence, distributed ledger technology, cybersecurity and personal data.
Blockchain Smart Contracts - getting from hype to reality Capgemini
The potential of smart contracts – programmable contracts that automatically execute when pre-defined conditions are met – is the subject of much debate and discussion in the financial services industry. Smart contracts, enabled by blockchain or distributed ledgers, have been held up as a cure for many of the problems associated with traditional financial contracts, which are simply not geared up for the digital age. Reliance on physical documents leads to delays, inefficiencies and increases exposure to errors and fraud. Financial intermediaries, while providing interoperability for the
finance system and reducing risk, create overhead costs for and increase compliance requirements.
In this report, we aim to cut through the speculation and hype around the potential of smart contracts. We have conducted detailed discussions with financial services industry professionals, prominent smart contract startups and academics (see Research Methodology at the end of this paper). Our study confirms that smart contract adoption will lead to reduced risks, lower administration and service costs, and more efficient business processes across all major segments of the financial services industry. These benefits will accrue from technology, process redesign as well as from fundamental changes in operating models, as they require a group of firms to share a common view of the contract between trading parties. Consumers will benefit from more competitive products, such as mortgage loans and insurance policies, along with simpler processes that are free of many of the hassles of today’s customer experience.
Smart Contracts in Financial Services: Getting from Hype to Reality. Reporteraser Juan José Calderón
Smart Contracts in Financial Services: Getting from Hype to Reality.
Executive Summary
The potential of smart contracts – programmable contracts that automatically execute when pre-defi ned conditions are met – is the subject of much debate and discussion in the fi nancial services industry.
Smart contracts, enabled by blockchain or distributed ledgers, have been held up as a cure for many of the problems associated with traditional fi nancial contracts, which are simply not geared up for the digital age. Reliance on physical documents leads to delays, ineffi ciencies and increases exposure to errors and fraud. Financial intermediaries, while providing interoperability for the fi nance system and reducing risk, create overhead costs for and increase compliance requirements.
In this report, we aim to cut through the speculation and hype around the potential of smart contracts. We have conducted detailed discussions with fi nancial services industry professionals, prominent smart contract startups, and academics (see Research Methodology at the end of this paper). Our study confi rms that smart contract adoption will lead to reduced risks, lower administration and service costs, and more effi cient business processes across all major segments of the fi nancial services industry. These benefi ts will accrue from technology, process redesign as well as from fundamental changes in operating models, as they require a group of fi rms to share a common view of the contract between trading parties. Consumers will benefi t from more competitive products, such as mortgage loans and insurance policies, along with simpler processes that are free of many of the hassles of today’s customer experience.
THE EVOLUTION OF SMART CONTRACTS: TRANSFORMING BUSINESS PROCESSESLiveplex
We're thrilled to share our comprehensive report on "The Evolution of Smart Contracts: Transforming Business Processes." Dive into the fascinating journey of smart contracts, from their conceptual beginnings to their role today as the backbone of blockchain technology. 🌐✨
Key Highlights:
📜 Historical Overview: Discover how smart contracts have evolved from a theoretical concept to a critical element of the Ethereum blockchain, changing the way we think about digital transactions.
🔒 Enhanced Security: Learn about the advancements in cryptographic techniques, including zero-knowledge proofs, that have significantly bolstered the security of smart contracts.
🌉 Interoperability: Explore how new protocols are enabling smart contracts to interact across blockchain platforms, ushering in a new era of efficiency and utility.
⚙️ Scalability Solutions: Understand the innovations addressing blockchain scalability, ensuring smart contracts can meet the demands of widespread adoption.
🎨 User-friendly Design: See how the development of intuitive programming languages and tools is making smart contracts more accessible to developers and users alike.
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https://www.blockchainailawyer.com/iprs Oracle Database is a trademark of Oracle Corporation, which is a leading provider of database software and cloud services. Oracle Database trademark applications are the legal documents that seek to register and protect the Oracle Database brand name and logo in various jurisdictions around the world.
Migrating Oracle Database trademark applications to cloud infrastructure means moving the data and processes related to these applications from on-premises servers or other cloud platforms to Oracle Cloud Infrastructure (OCI), which is Oracle’s next-generation cloud platform that offers high performance, security, scalability, and cost-efficiency for various workloads.
There are several advantages of migrating Oracle Database trademark applications to cloud infrastructure, such as:
Reducing the operational and maintenance costs of managing on-premises servers or other cloud platforms
Leveraging the advanced features and services of OCI, such as autonomous database, data management, analytics, integration, security, and identity
Enhancing the availability, reliability, and performance of the trademark applications and data
Simplifying the compliance and governance of the trademark applications and data across different regions and jurisdictions
Accelerating the innovation and development of new trademark applications and services
There are different methods and tools for migrating Oracle Database trademark applications to cloud infrastructure, depending on the source and target environments, the size and complexity of the data, and the migration objectives and requirements. Some of the common methods and tools are:
Oracle Data Pump: A utility that enables the export and import of data and metadata between Oracle databases, either on-premises or on OCI
Oracle GoldenGate: A software solution that enables the replication and synchronization of data and transactions across heterogeneous databases, either on-premises or on OCI
Oracle Zero Downtime Migration: A tool that automates the migration of Oracle databases from on-premises or other cloud platforms to OCI, with minimal or no downtime
Oracle Cloud Infrastructure Database Migration: A fully-managed service that provides a high-performing, self-service experience for migrating Oracle databases from on-premises, Oracle Cloud, or Amazon RDS to OCI
For more information about migrating Oracle Database trademark applications to cloud infrastructure, you can refer to the following resources:
Overview of Oracle Cloud Infrastructure Database Migration
About the Advantages of Migrating Custom Applications to Oracle Cloud
Learn about migrating Oracle Database Appliance workloads to the cloud
Learn About Migrating Application Data to the Cloud
METHOD AND SYSTEM FOR PREDICTING OPTIMAL LOAD FOR WHICH THE YIELD IS
MAXIMUM BY USING MULTIPLE INPUT ELECTROLYZER PARAMETERS filed by RIPIK TECHNOLOGY PRIVATE LIMITED
This patent describes a system to optimize operations in manufacturing facilities that use electrolyzers. Electrolyzers split water into hydrogen and oxygen using electricity. Their electrical load levels impact costs and efficiency.
The present invention uses AI and machine learning to predict the best way to allocate load across multiple electrolyzers. This maximizes total yield for the manufacturing plant while minimizing electricity costs.
It takes into account equipment factors like the capacity of each electrolyzer. It also considers constraints like raw material supply and product storage limits. The system models chlorine evacuation too since that can hinder caustic soda output.
The algorithms are capable of processing the many complex variables at play. No easy spreadsheet could accomplish this modeling. A type of mathematical optimization called "swarm optimization" is applied. Examples are genetic algorithms and particle swarm optimization.
The AI system keeps adapting its load recommendations based on data coming into its monitoring dashboard. Operators can customize certain parameters but the software is configuring most of the decision logic automatically.
The inventors claim results show their AI optimizer significantly cutting power consumption and costs versus alternatives. Smart coordination of multiple electrolyzers is complex. This technology handles the data analysis to efficiently divide load distribution.
In essence, the patent discloses an intelligent electrolyzer load prediction platform. It leverages AI to boost manufacturing performance while reducing electricity usage. Company managers can see optimized operations guidance on easy dashboard interfaces. It aims to save power, costs and effort through algorithmic process coordination.
The U.S. Food and Drug Administration (USFDA) regulates the use of food additives in the United States. Specifically, food additives are subject to regulation under the Federal Food, Drug, and Cosmetic Act (FD&C Act) and the regulations in Title 21 of the Code of Federal Regulations (21 CFR). These regulations define the conditions under which food additives, including acidity regulators like Orthophosphoric acid (Phosphoric Acid), can be used in food and beverages.
The specific regulations and allowable levels of Orthophosphoric acid in food and beverages, including gold drinks, can be found in the Code of Federal Regulations (21 CFR) Title 21, Part 182, which deals with substances generally recognized as safe (GRAS) for use in food. Orthophosphoric acid is covered in the section "21 CFR 182.1073 - Phosphoric acid" and its use in various food categories is outlined in this regulation.
For precise information on the allowable levels of Orthophosphoric acid in gold drinks or any other food and beverage products in the United States, it is advisable to refer to the specific regulations provided in 21 CFR 182.1073 and consult with the U.S. Food and Drug Administration (USFDA) or their official resources to ensure compliance with the most up-to-date regulations.
https://sciwri.club/archives/4288
Prity Khastgir is a techno-savvy patent attorney in India with 12 yrs of experience working with clients across the globe. Her areas of expertise are IP portfolio research, cross-border technology transactions, licensing agreements, product clearance, freedom-to-operate, patent infringement & invalidity analysis, research & opinions. Currently, she helps startups to raise funds, assists foreign companies to find right business partners in India. She also assists enterprises to enter and find the right angels, and VCs in Malaysia, Singapore, US, UK, Japan and India. Here, she answers questions about IP career prospects in India, in her Face-to-face interaction with Reetu Mehta.
Is Intellectual Property Rights (IPR) a good career option in India?
Before answering this question, I ask myself why I do what I do every morning. Am I passionate about my day? IPR is a fascinating field and apt for people who wants answers to questions related to what, why, when and how. IPR is a field of law protecting creations of mind in form of ideas, inventions, brands, trademarks, copyrights, software codes, industrial design registration and trade secrets. However, if research is not your cup of tea then please do not enter this field. You have to passionate about innovations. Many people enter this field because it is a high paying job in the long run compared to normal 9-5 jobs in India. However, not everyone will be able to sustain in this field in the long run. Therefore, be wise before entering this field. You should be fascinated by technologies around you, have a problem solving approach, and be compassionate towards your peers.
How can a life science PhD begin with career in IPR?
Life science is study of life processes. The scope of PhD in IPR is better as the person is familiar with research. The best way to move forward is to do online IPR courses and get an overview of IPR. One should have interest and passion to solve the queries related to the intellectual creations of mind. One should have problem solving approach as client is looking for solutions.
What are the required skill sets?
First and foremost, the person should have technology and legal acumen to understand innovations and have a research capability to work at least for 10-12 hours. Thinking out of the box to solve a research project is the key to assisting inventors to protect their inventions.
How does a career in IP evolve/grow in India?
The individuals I have come across are passionate about protecting innovations. To evolve in this field you have to be technology savvy. The Intellectual Property law has evolved a lot in last 10 years. Now a trademark can be registered in less than one month in India with proper documentation. The Indian government is giving a number of grants to startups in India to grow by leap and bounds.
What is the kind of work one is expected to do and what are the skill sets one can acquire over the course?
t's quite unfair because laundering is taking place either domestic investors we can even take place by foreign investors. What kind of modification we could have done? Now you case capital investors of foreign investors what they have. Some of you are still asking me how do you calculate here. Fair market value for calculation is by a book value method or discounted cash flow method. In order to see examples of beginning for examination, basically calculate the fair market value. So you can see new budget proposal is applicable to capital raise from both as well as foreign. Taxi. Number 21. Venture capitalists and Angel investors are both safe. Companies considered startups were approved. Five years annual turnover? Not usually. The Startup India scheme is implemented by Ministry of Commerce and Industry. There is indeed implemented by Minister. No. The Angel Tax has been introduced for the first time in amendment to Income Tax Act. For the first time, Angel Tax is applicable to both Mr. and Mr. Companies. And the Angel facts made applicable to capital raised for more domestic and foreign investors kits. And there's investors now it is for both. This quarter. This tax is imposed only when the startup company is issuing shares at a price on the fair market price. It's a startup companies raising capital at a fair market value added taxes. The tax on long term debt. So recently the government has made certain changes to the spec long term capital gains tax on debt. Take this on long term capital gains tax on deposits. Let's look at this more capital gains. What is capital gains? Capital gains tax is the tax which people pay on profits which they make by selling. And whenever I sell an asset begin profit a part of that profit paid to commit tax capital gains, for example. I want to share at least in the year 15. I have shared and made a mistake to comment says if you have made pocket. Is capital gains tax will come into play if you make a loss? Your losses. Understand this concept of what is long term comes against that. Which takes money from investors and after taking money from investors, that money is invested in different different financial shares. So here we have predominantly more types of. Mutual funds are those funds. There mutual funds are investing more than 65% money in checks that mutual funds are. More than 65% of money is invested in bonds, which means it pretty much the funds can make investment in shares. Bonds. But where is the priority investment shares? They can make investment in both shares and bonds. Investment. On the equity mutual funds, we have short term capital gains tax and long term capital gains. Short term capital gains tax comes into play if I buy and sell. Long term capital gains tax will come into play if I buy and sell after. Play. March 2023, just in one year. And sending. You can. And. What is long term Complications? They're 2023. I bought it in March 2024. After more than one year. How much is it? Capital
xtell. Why September the 26th, I don't have a good picture, but I know for the first half the intelligence was saying it's gonna be a long war. He decided then to do it, and he had set it up so he could just say yes and a day later would blow away. You said it and say work by sonars. Frequency, you can blow them up, you can do it. So tough thing to do. And so why at that point, whether he was deciding is this is going to be a long war, it's going to cost a lot of money. I'm going to go all the way. He's now moving a lot of American troops and equipment into Poland. I don't know if he's going to commit native to it. I don't know if NATO wants to go, but he basically gave Chancellor Schultz, took away the option of Schultz to say I'm going to stop giving them arms. Winter's coming. I want that pipeline. I want to keep my people warm and wealthy. So he blew it up. So there's been a lot of news reporting, a lot of interest on this very simple question. Who blew up the North Stream pipelines? Remember in September of last year, the North Stream One and N Stream Two, which are two parallelly running pipelines carrying natural gas from Russia to Germany, were blown up. There were massive explosions which happened 250 feet are below the sea. Now the first report that came out, which was last month by a famous American journalist, which seemed to suggest that this was an inside job, it was carried out by the United States using state actors. now just this past week there's been some follow up reporting
September the 26th last year and. I there was no way. Common sense. You have to deal with common sense. Well, let's see. I knew that no Russia would have done it because of Putin already had responded. There's two major pipelines, N Stream one, which has been alive for since 2011, and Nord Stream two, which is. These are huge. They moved millions of whatever the measurement is of natural gas. There is a different measurement and it's not cubic feet, it's they they they move in, they mouth stream one turn Germany because they supplied cheap natural gas. That was very clear. Then they needed it anyway. I'm just giving you all this because I'm not here. I can answer your question, but I be coming from the blue one. I don't want to come from the blue. I want people to understand I've done this a long time. So the White House, Mr. Hush, they have rejected your story outright. They've called it a figment of your imagination. More fiction than fact is the wording that they used. Germany has also taken a very cautious mind on your story. You referred before in your first answer to Western media like the New York Times, The Washington Post. Had you taken your story to the editors there, would they have published such a consequential story basis, Just one single, unnamed anonymous source? How would you react to that? This source? Would I the way described the story and the intent of how I sourced it? Was to be as as vague as possible. It would have
Play with Data aka Magic
tell. Why September the 26th, I don't have a good picture, but I know for the first half the intelligence was saying it's gonna be a long war. He decided then to do it, and he had set it up so he could just say yes and a day later would blow away. You said it and say work by sonars. Frequency, you can blow them up, you can do it. So tough thing to do. And so why at that point, whether he was deciding is this is going to be a long war, it's going to cost a lot of money. I'm going to go all the way. He's now moving a lot of American troops and equipment into Poland. I don't know if he's going to commit native to it. I don't know if NATO wants to go, but he basically gave Chancellor Schultz, took away the option of Schultz to say I'm going to stop giving them arms. Winter's coming. I want that pipeline. I want to keep my people warm and wealthy. So he blew it up. So there's been a lot of news reporting, a lot of interest on this very simple question. Who blew up the North Stream pipelines? Remember in September of last year, the North Stream One and N Stream Two, which are two parallelly running pipelines carrying natural gas from Russia to Germany, were blown up. There were massive explosions which happened 250 feet are below the sea. Now the first report that came out, which was last month by a famous American journalist, which seemed to suggest that this was an inside job, it was carried out by the United States using state actors. now just this past week there's been some follow up reporting
September the 26th last year and. I there was no way. Common sense. You have to deal with common sense. Well, let's see. I knew that no Russia would have done it because of Putin already had responded. There's two major pipelines, N Stream one, which has been alive for since 2011, and Nord Stream two, which is. These are huge. They moved millions of whatever the measurement is of natural gas. There is a different measurement and it's not cubic feet, it's they they they move in, they mouth stream one turn Germany because they supplied cheap natural gas. That was very clear. Then they needed it anyway. I'm just giving you all this because I'm not here. I can answer your question, but I be coming from the blue one. I don't want to come from the blue. I want people to understand I've done this a long time. So the White House, Mr. Hush, they have rejected your story outright. They've called it a figment of your imagination. More fiction than fact is the wording that they used. Germany has also taken a very cautious mind on your story. You referred before in your first answer to Western media like the New York Times, The Washington Post. Had you taken your story to the editors there, would they have published such a consequential story basis, Just one single, unnamed anonymous source? How would you react to that? This source? Would I the way described the story and the intent of how I sourced it? Was to be as as vague as possible.
I know which you know. What is left? So I can close my eyes and enter into this and reach my office. So on a more serious note, I think. You cannot classify it as a treatment team or a team or you know, limited over 50. See Virat Kohli is good in 20, is good in limited over 20 Cricket is also good in Test cricket. So the RBI has to function and perform those fifty over match as well as in our effort. On effort and endeavor is always to optimize our for us to the best thing to extend that we can we put our best foot forward. Thank you very much. Thank you very much for accepting our condition. Great pleasure talking to you. Thank you very much and thank you very much for your patience. For short the time primarily for my longest answers. I can see your colleagues are very very efficient. But thank you once again. Thank you very much for your time. Thank you so much, Governor, and thank you again. Right for our next session. Welcome everyone And there's been talk about. Exciting transformations over the next several years will be the advent of Fight Jail India and this whole idea that India had. Physical. And it is an absolute delight to welcome for this fireside conversation to the Business Today India 100 Country Summit, one of the legendary. This generation. Quality and it's still standing fighting scale this in this fight can they have a popular as he walked through this Business Today and they have. Thank you so much. i want to start by asking you about the hearing which is about 5G everyone watching want We start at what does this mean? Everyone was listening to this. Fighting. And if you really look at the world fighting at most time to take roots, you know most of the Western world, Southeast Asian countries, Singapore and starts right as well I think we are some people think. Check this the perfect time some use cases. You can see devices coming through Priceline devices trying to find one perfectly from the country they can do so. I think we are ready. Thankfully this time the government put up a lot of spectrum because 5G requires made large chunks of spectrum to be effective. Otherwise they don't really get the joy of our friendship and not only the mid band which the seed bank claims. They're All in all, I think India is now ready from the spectrum point of view, but it's now standard and available. We have been building from this day for the last 24 months and predicted that we would want sometimes some of the preparedness felt that would probably come in 2021. But I think they're just takes time to develop the ecosystem. So we are ready. Expect launches October Believe will be from very early in October. Sometime in October you can start to see on your phones if there are any. We'll start with dictionaries, the key towns and the keep on as we've seen here earlier, keep on with right across and going into deep. What should you do to us, I mean today? Customer. Very important use cases which are developing around which took my mind are
tell. Why September the 26th, I don't have a good picture, but I know for the first half the intelligence was saying it's gonna be a long war. He decided then to do it, and he had set it up so he could just say yes and a day later would blow away. You said it and say work by sonars. Frequency, you can blow them up, you can do it. So tough thing to do. And so why at that point, whether he was deciding is this is going to be a long war, it's going to cost a lot of money. I'm going to go all the way. He's now moving a lot of American troops and equipment into Poland. I don't know if he's going to commit native to it. I don't know if NATO wants to go, but he basically gave Chancellor Schultz, took away the option of Schultz to say I'm going to stop giving them arms. Winter's coming. I want that pipeline. I want to keep my people warm and wealthy. So he blew it up. So there's been a lot of news reporting, a lot of interest on this very simple question. Who blew up the North Stream pipelines? Remember in September of last year, the North Stream One and N Stream Two, which are two parallelly running pipelines carrying natural gas from Russia to Germany, were blown up. There were massive explosions which happened 250 feet are below the sea. Now the first report that came out, which was last month by a famous American journalist, which seemed to suggest that this was an inside job, it was carried out by the United States using state actors. now just this past week there's been some follow up reporting
September the 26th last year and. I there was no way. Common sense. You have to deal with common sense. Well, let's see. I knew that no Russia would have done it because of Putin already had responded. There's two major pipelines, N Stream one, which has been alive for since 2011, and Nord Stream two, which is. These are huge. They moved millions of whatever the measurement is of natural gas. There is a different measurement and it's not cubic feet, it's they they they move in, they mouth stream one turn Germany because they supplied cheap natural gas. That was very clear. Then they needed it anyway. I'm just giving you all this because I'm not here. I can answer your question, but I be coming from the blue one. I don't want to come from the blue. I want people to understand I've done this a long time. So the White House, Mr. Hush, they have rejected your story outright. They've called it a figment of your imagination. More fiction than fact is the wording that they used. Germany has also taken a very cautious mind on your story. You referred before in your first answer to Western media like the New York Times, The Washington Post. Had you taken your story to the editors there, would they have published such a consequential story basis, Just one single, unnamed anonymous source? How would you react to that? This source? Would I the way described the story and the intent of how I sourced it? Was to be as as vague as possible. It would have been very
tell. Why September the 26th, I don't have a good picture, but I know for the first half the intelligence was saying it's gonna be a long war. He decided then to do it, and he had set it up so he could just say yes and a day later would blow away. You said it and say work by sonars. Frequency, you can blow them up, you can do it. So tough thing to do. And so why at that point, whether he was deciding is this is going to be a long war, it's going to cost a lot of money. I'm going to go all the way. He's now moving a lot of American troops and equipment into Poland. I don't know if he's going to commit native to it. I don't know if NATO wants to go, but he basically gave Chancellor Schultz, took away the option of Schultz to say I'm going to stop giving them arms. Winter's coming. I want that pipeline. I want to keep my people warm and wealthy. So he blew it up. So there's been a lot of news reporting, a lot of interest on this very simple question. Who blew up the North Stream pipelines? Remember in September of last year, the North Stream One and N Stream Two, which are two parallelly running pipelines carrying natural gas from Russia to Germany, were blown up. There were massive explosions which happened 250 feet are below the sea. Now the first report that came out, which was last month by a famous American journalist, which seemed to suggest that this was an inside job, it was carried out by the United States using state actors. now just this past week there's been some follow up reporting
September the 26th last year and. I there was no way. Common sense. You have to deal with common sense. Well, let's see. I knew that no Russia would have done it because of Putin already had responded. There's two major pipelines, N Stream one, which has been alive for since 2011, and Nord Stream two, which is. These are huge. They moved millions of whatever the measurement is of natural gas. There is a different measurement and it's not cubic feet, it's they they they move in, they mouth stream one turn Germany because they supplied cheap natural gas. That was very clear. Then they needed it anyway. I'm just giving you all this because I'm not here. I can answer your question, but I be coming from the blue one. I don't want to come from the blue. I want people to understand I've done this a long time. So the White House, Mr. Hush, they have rejected your story outright. They've called it a figment of your imagination. More fiction than fact is the wording that they used. Germany has also taken a very cautious mind on your story. You referred before in your first answer to Western media like the New York Times, The Washington Post. Had you taken your story to the editors there, would they have published such a consequential story basis, Just one single, unnamed anonymous source? How would you react to that? This source? Would I the way described the story and the intent of how I sourced it? Was to be as as vague as possible. It would have been
tell. Why September the 26th, I don't have a good picture, but I know for the first half the intelligence was saying it's gonna be a long war. He decided then to do it, and he had set it up so he could just say yes and a day later would blow away. You said it and say work by sonars. Frequency, you can blow them up, you can do it. So tough thing to do. And so why at that point, whether he was deciding is this is going to be a long war, it's going to cost a lot of money. I'm going to go all the way. He's now moving a lot of American troops and equipment into Poland. I don't know if he's going to commit native to it. I don't know if NATO wants to go, but he basically gave Chancellor Schultz, took away the option of Schultz to say I'm going to stop giving them arms. Winter's coming. I want that pipeline. I want to keep my people warm and wealthy. So he blew it up. So there's been a lot of news reporting, a lot of interest on this very simple question. Who blew up the North Stream pipelines? Remember in September of last year, the North Stream One and N Stream Two, which are two parallelly running pipelines carrying natural gas from Russia to Germany, were blown up. There were massive explosions which happened 250 feet are below the sea. Now the first report that came out, which was last month by a famous American journalist, which seemed to suggest that this was an inside job, it was carried out by the United States using state actors. now just this past week there's been some follow up reporting
September the 26th last year and. I there was no way. Common sense. You have to deal with common sense. Well, let's see. I knew that no Russia would have done it because of Putin already had responded. There's two major pipelines, N Stream one, which has been alive for since 2011, and Nord Stream two, which is. These are huge. They moved millions of whatever the measurement is of natural gas. There is a different measurement and it's not cubic feet, it's they they they move in, they mouth stream one turn Germany because they supplied cheap natural gas. That was very clear. Then they needed it anyway. I'm just giving you all this because I'm not here. I can answer your question, but I be coming from the blue one. I don't want to come from the blue. I want people to understand I've done this a long time. So the White House, Mr. Hush, they have rejected your story outright. They've called it a figment of your imagination. More fiction than fact is the wording that they used. Germany has also taken a very cautious mind on your story. You referred before in your first answer to Western media like the New York Times, The Washington Post. Had you taken your story to the editors there, would they have published such a consequential story basis, Just one single, unnamed anonymous source? How would you react to that? This source? Would I the way described the story and the intent of how I sourced it? Was to be as as vague as possible. It would have been very
AboutAbout
As a Machine Learning Engineer, I am enthusiastic about exploring the fascinating field of machine learning and its potential applications in solving real-world problems. I have a good amount of knowledge in mathematics, statistics, and computer science, which enables me to understand and implement the fundamental concepts and techniques of machine learning.
My experience includes working with various data analytics tools and technologies, such as SQL, Python, Tableau, and Power BI. I have developed expertise in data cleaning and exploratory data analysis, statistical inference, and machine learning techniques such as regression, and clustering, my experience also includes working with a variety of machine learning tools and frameworks, including, Scikit-learn, TensorFlow and Keras. I have also developed expertise in data pre-processing, feature engineering, and model selection, which has enabled me to create robust and accurate machine-learning models.
I am eager to expand my knowledge and expertise in machine learning research and AI-related fields. I am a quick learner, and I am always willing to take on new challenges and stretch myself to develop new skills. Furthermore, I am a good communicator and collaborator, able to work effectively in a team and learn from more experienced colleagues.
I am excited about the potential of machine learning to create positive change and improve people's lives specifically in Health Care industries. I am committed to staying up-to-date with the latest developments in machine learning and related fields, attending conferences and workshops, and engaging in continuous learning. I am eager to apply my skills and experience to solve complex problems and create value for organizations.
https://www.linkedin.com/in/sudharmendra-gv-7214361b2/
Machine Learning EngineerMachine Learning Engineer
Longevity InTime BioTech · Part-timeLongevity InTime BioTech · Part-time
Nov 2022 - Present · 6 mosNov 2022 - Present · 6 mos
Wilmington, Delaware, United StatesWilmington, Delaware, United States
Longevity Intime is a company developing online technology, which enables early diagnosis of diseases using real-time biometrics from the human body.
The Longevity InTime team includes experienced biotechnologists, award-winning scientists, developers, and experienced executives with years of experience. Together we are solving the global problem of life expectancy for each person and for all mankind.
Our goal is to extend a person's life by more than 20 active and happy years without any restrictions to him. We respond to both the personal and public interests of every country on Earth.Longevity Intime is a company developing online technology, which enables early diagnosis of diseases using real-time biometrics from the human body. The Longevity InTime team includes experienced biotechnologists, award-winning scientists, developers, and experienced executives with years of experience.
Patent Number : 411898 Date of Patent : 24/05/2014
Application Number : 10903/DELNP/2015 Date of Grant : 21/11/2022
Type of Application : PCT NATIONAL PHASE APPLICATION Date of Recordal : 21/11/2022
Parent Application Number : --- Appropriate Office : DELHI
PCT International Application Number : PCT/JP2014/063758 PCT International Filing Date : 24/05/2014
Grant Title : VERTICAL AXIS WATER/WIND TURBINE MOTOR USING FLIGHT FEATHER OPENING/CLOSING WING SYSTEM
Sl No Name of Grantee Grantee Type Grantee Address
1 TAMATSU Yoshiji NATURAL PERSON Room16Toyota Apartment1656 5Aza OrokuNaha shi Okinawa 9010152
Sl No Name of Patentee Patentee Type Address of Patentee
1 TAMATSU Yoshiji NATURAL PERSON Room16Toyota Apartment1656 5Aza OrokuNaha shi Okinawa 9010152
Address of Service : Tech Corp. International Strategist TCIS, lndia 5th Floor, Caddie Commercial Tower, Aerocity, New Delhi- 110037 India
Additional Address of Service : --
Priority Date : 25/05/2013
Year Due dates for Renewal CBR No CBR Date Renewal Amount Renewal Certificate No Date of Renewal Renewal Period:
Normal Due Date Due Date with Extension From To
3rd year 21/02/2023 21/08/2023 12919 21/03/2023 800 27207 21/03/2023 24/05/2016 24/05/2017
4th year 21/02/2023 21/08/2023 12919 21/03/2023 800 27208 21/03/2023 24/05/2017 24/05/2018
5th year 21/02/2023 21/08/2023 12919 21/03/2023 800 27209 21/03/2023 24/05/2018 24/05/2019
6th year 21/02/2023 21/08/2023 12919 21/03/2023 800 27210 21/03/2023 24/05/2019 24/05/2020
7th year 21/02/2023 21/08/2023 12919 21/03/2023 2400 27211 21/03/2023 24/05/2020 24/05/2021
8th year 21/02/2023 21/08/2023 12919 21/03/2023 2400 27212 21/03/2023 24/05/2021 24/05/2022
9th year 21/02/2023 21/08/2023 12919 21/03/2023 2400 27213 21/03/2023 24/05/2022 24/05/2023
10th year 24/05/2023 24/11/2023 12919 21/03/2023 2400 27214 21/03/2023 24/05/2023 24/05/2024
11th year 24/05/2024 24/11/2024 12919 21/03/2023 4800 27215 21/03/2023 24/05/2024 24/05/2025
12th year 24/05/2025 24/11/2025 12919 21/03/2023 4800 27216 21/03/2023 24/05/2025 24/05/2026
13th year 24/05/2026 24/11/2026 12919 21/03/2023 4800 27217 21/03/2023 24/05/2026 24/05/2027
14th year 24/05/2027 24/11/2027 12919 21/03/2023 4800 27218 21/03/2023 24/05/2027 24/05/2028
15th year 24/05/2028 24/11/2028 12919 21/03/2023 4800 27219 21/03/2023 24/05/2028 24/05/2029
16th year 24/05/2029 24/11/2029 12919 21/03/2023 8000 27220 21/03/2023 24/05/2029 24/05/2030
17th year -- -- -- -- -- -- -- -- --
18th year -- -- -- -- -- -- -- -- --
19th year -- -- -- -- -- -- -- -- --
20th year -- -- -- -- -- -- -- -- --
Sl No Date of Entry Particulars/Remarks
Information u/s 146 (Working of Patents)
Sl No Patent Number Year
1 411898
TITLE OF INVENTION VERTICAL AXIS WATER/WIND TURBINE MOTOR USING FLIGHT FEATHER OPENING/CLOSING WING SYSTEM
FIELD OF INVENTION MECHANICAL ENGINEERING
E-MAIL (As Per Record) prity.khastgir@gmail.com
ADDITIONAL-EMAIL (As Per Record)
E-MAIL (UPDATED Online) khasip@khastgir.com
PCT INTERNATIONAL APPLICATION NUMBER PCT
Dear Sir/ Madam,
Congratulations, you have been shortlisted for our next phase of audition of Shark Tank India, which is the In-Person Audition! At this stage of the audition our team will be meeting you in-person to further discuss your business/idea. Please note, we will be conducting these “In-Person Auditions” in Mumbai, Bengaluru, Delhi & Kolkata.
As per your form, your audition city is Delhi
Audition Venue: WelcomHotel ITC Dwarka, Plot No 3, District Center, Sector 10 Dwarka, New Delhi, Delhi 110075.
Landline - 01142229222
Location – Welcomhotel Dwarka offers easy access to the Delhi Metro Blue Line near by metro station Dwarka Sector 10. Located 20 minutes away from Indira Gandhi International Airport and the domestic airport in New Delhi.
Audition Date & Time: 15th July'22 Friday at 1pm
Time commitment required: 4 hours on the audition day
Kindly note the following guidelines for the in-person audition -
COVID Mandatory Safety Guidelines:
Applicants and any accompanying persons will need to wear a mask at all times and adhere to all the social distancing guidelines communicated by us, while at the venue
In case, you and any accompanying persons are vaccinated please carry your updated vaccination certificate (first and second dosage) or the Arogya Setu Pass.
In case you and any accompanying persons are not vaccinated, RT PCR Test with a 48 hour validity is mandatory and the status will be checked prior to at the venue.
A mandatory Rapid Antigen Test will be administered at the venue and only if the same turns out to be negative, will the applicant be allowed to proceed further.
Please note, that all applicants and any accompanying person will at all times have to comply with the rules and regulations mandated by the Central or State Government with respect to COVID 19 prevention issued at that time.
Documents for verification required at the time of audition: -
(Please note the documents are required for verification at the time of audition, kindly carry original copies too & also please do email us these documents scanned copies before the audition date and also get it on your pen drive at the venue also. Email us on - sharktankindia1@setindia.com)
Mandatory
Applicant’s Photo Identity proof & Address Proofs (Aadhar Card & Pan-Card)
Document proofs to validate accreditation & Audited Financials - Balance Sheets, Net worth Certificate (if any) and Income Statement for last 3 years. Please note, the certificate should be taken from the CA/CA Firm (on their letterhead)
Certificates evidencing any change of name, Memorandum of Association, Articles of Association, registered partnership deed, etc. or equivalent documents
No Objection Certificate (NOC), signed & dated, from all shareholders/co-founders/partners/investors
Company PAN CARD/GST Certificates
Income Tax Returns for the last 3 years (according to the business tenure)
If Applicable
Certificate of Incorporation or registration for your firm/partnership/LLP/company
#Node CC: Philippe RochePhilippe Roche : 2nd Connect
Founding & Managing Partner
The distinction between private equity (PE) and venture capital (VC)
They differ in:
- Their amounts of investment
- Types of firms they choose to invest in
- Timing of their involvement in a company's lifespan
- Equity they receive as a result of their investments.
VCs often invest $10M or less.
PEs often spend $50 million or more.
Early-stage startups are the focus of VCs.
PEs focus on seasoned businesses.
A small portion of the corporation is owned by VCs.
PEs purchase a controlling stake from the stockholders.
VCs research exit strategies and fast growth.
PEs consider scaling businesses to increase productivity and profits.
Examples
VC firms: Bessemer Venture Partners, Andreessen Horowitz, and Sequoia Capital
VC-backed businesses: Juul, Stripe, SpaceX, Waymon, and Ripple Labs
Private equity firms: The Blackstone Group Inc., CVC Capital Partners, and TPG Capital are
Companies with PE backing: EQ Office, Panera Bread, and Refinitiv
PEs and VCs are, of course, much more complicated than this.
Please feel free to remark with your observations.
#startups #entrepreneurship #venturecapital #investing #finance #crossborder #inovexus #startup #VC #earlystage
#galeshapley
#smartcontracts
Ms. Prity Khastgir (b. 26 Dec. 1984). Obtained B.A.Sc (Hons) in Applied Sciences specialising in Food technology from University of Delhi and M.Sc in Biotechnology and LLB from University of Rajasthan. Did Entrepreneurship course from Indian School of Business (ISB) sponsored by Goldman Sachs 10,000 Women Entrepreneurs Initiative. She is Certified Mediator for Commercial Disputes and Negotiator in India. Currently, she is working towards launching innovation hub in
domestic and international level.
She is passionate about technology, law and business on a global scale. Recently, she was invited by China Government for China International Big Data Expo 2018, Guiyang. She is active in international technology arena and recently participated in the 4th Annual Asia Pacific Spectrum Management Conference and in World Summit on the Information Society (WSIS) Forum 2018, Geneva.
Senior executive profile with featured publications: BBC World, Nature Group (Nature Reviews Drug Discovery), BusinessWorld, BioSpectrum Asia etc. Previous work experience with US Law Firm headquartered in Greater New York City Area. Problem solver and Business Strategist with 12+ yrs exp. Seasoned Patent Strategist with expertise in IP portfolio research, cross-border tech transactions, licensing agreements, product clearance, FTO opinion, patent infringement and invalidity, IPR R&D Consultancy.
Aligning and facilitating youth to be driven in the industry 4.0 era is her motto to take India’s GDP to next level. She is a guest faculty at IMT, Ghaziabad taking lectures on legal aspects of doing business in India and understanding the innovation ethos globally.
#ITU Guide to drive Citizens' engagement for #Innovation #OpenGeneva
https://www.itu.int/net4/wsis/forum/2020/en/Agenda
Julia Dallest
Chief Operation Officer
Open Geneva
Julia Dallest is the Chief Operation Officer at Open Geneva. After 4 years as a change management consultant in Paris, Julia worked 2 years for a humanitarian mission in Madagascar as a partnership manager. Wishing to continue her involvement in the associative world, Julia joined Open Geneva as a volunteer in 2018 and as Chief Operation Officer since 2019.
Cristina Bueti
Counsellor of ITU-T Study Group 20 “Internet of things (IoT) and smart cities and communities (SC&C)”
International Telecommunication Union
Cristina Bueti is the Counsellor of ITU-T Study Group 20 “Internet of things (IoT) and smart cities and communities (SC&C)” at the International Telecommunication Union (ITU). She is responsible for ITU-T's activities on IoT and smart sustainable cities. She is the ITU focal point for environment and climate change including e-waste management. She also serves as TSB focal point for Latin America.
Cristina Bueti graduated from the Faculty of Political Science, Law and International Cooperation and Development of the University of Florence, where she completed postgraduate studies in International Cooperation and Telecommunications Law in Europe. She also holds a specialization in Environmental Law with a special focus on Telecommunications.
In 2003, Ms. Bueti built on her academic credentials by completing a specialized course in peace keeping and international cooperation with special focus on telecommunications at the Faculty of Laws, University of Malta, before joining the International Telecommunication Union in Geneva in January 2004.
As part of the International Women's Day 2016, she was named as one of the twenty Geneva-based inspirational women working to protect the environment.
She has authored over 40 reports on telecommunication issues. A native Italian speaker, Cristina is also fluent in English, French and Spanish.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
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Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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1. Introduction and Key Concepts of Sustainability
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1. 26
AKGEC INTERNATIONAL JOURNAL OF TECHNOLOGY, Vol. 12, No. 1
Abstract -- In covid situation, most businesses have reviewed
their existing contracts to understand scope of parties involved
and thereby Intellectual Property clauses and sub-clauses of any
contract or agreement become very important. Private blockchain
implementation in the current scenario is key to the maze to
protect trade secrets in a confidential manner.
Progressive IP strategy and partnering with right partners to
create and maintain sustainable development positions in the
market to serve customers and catering to their needs is the need
of the hour. Proactive strategic signed contracts and agreements
should be mandatory for smooth functioning of any start-up or
enterprise. Negotiation, Mediation andArbitration are like trinity
in law to resolve any arising conflict.
Keywords: Intellectual Property, Trade secrets protection, Blockchain
implementation, Industry 4.0, Public domain
I. INTRODUCTION
EVERY technology launch contributes to macroeconomic
growth of the country. Contracts and agreements drafted around
technology licensing or assignments play a pivotal role as to
how developed innovation would be deployed in different
verticals. Over the last one decade, we have witnessed a very
strong nonlinear curve and especially with what forms part of
terms and conditions to exert control over under applicable
contract law while collaborating with different parties to
manage successful ventures in Industry 4.0 operating in
multiple jurisdictions and protecting trade secrets.
Primarily, contracts and proper agreements in place sets the
ambit right to protect trade secrets of technology driven start-
up ventures. Understanding Intellectual property landscape and
conducting IPdue-diligence is very important and is essentially
a first step to understand short-term and long-term goals to
prepare rock solid IP strategy with a holistic viewpoint.
Intellect is the creation of the mind and protecting intellectual
capacity by utilizing different IPRs is key to deliver market cap
results. In covid situation, most businesses have reviewed their
existing contracts to understand scope of parties involved and
thereby Intellectual Property clauses and sub-clauses of any
Trade Secret as Intellectual Property Strategic
Tool in Industry 4.0
Prity Khastgir
TCIS India, Level-5, Caddie Commercial Tower, Novotel Hotel, Hospitality District Aerocity,
IGI Airport, New Delhi 110037 India
khasip@khastgir.com
contract or agreement become very important which would be
helpful to set out the liabilities of the parties and individual party
to the agreement to protect information under “trade secret”
clause. Generally, sharing technical knowledge, experience,
skill know-how and associated flow processes to define the
ambit of any business model forms important clauses and sub-
clauses while drafting different contracts.
Trust is a very important factor to keep trade-secret in a
confidential manner. Classifying information among the
individuals to develop trust between the individuals and
strategies deployed to keep disclosure of information relating
to a trade secret confidential is key to define trust. Private
blockchain implementation in the current scenario is key to
the maze to protect trade secrets in a confidential manner.
Blockchain implementation creates transparency and trust
between the parties to provide clarity as to who owns what
aspect of Intellectual Property Right.
Progressive IP strategy and partnering with right partners to
achieve SDG 17 to create and maintain sustainable development
positions in the market to serve customers and catering to their
needs is the need of the hour.
II. PROTECTING TRADE SECRETS IN INDIA
Trade secret protection in any jurisdiction is only invoked
once cause of action in law is explained with facts. Vague
contracts and agreements are the main causes and challenges
while litigating issues of violation of trade secrets before the
courts. If any kind of injunction order is sought with respect
to trade secrets before the courts, the ownership of specific
trade secrets has to be disclosed with sufficient exhibits to
show the intent of the parties in question of wilful disclosure
of trade-secrets, if any.
To obviate this challenge organizing in-house sensitization
programs and strategic interactions with key employees should
be well documented to create valid contracts and agreements.
In many cases getting a no-objection certificate (NOC) while
switching employment is a good step for both employer and
employee.
2. 27
In Industry 4.0, most of the cases related to trade secret theft
pending before courts generally come under the ambit of the
Information Technology Act, 2000, and the Competition Act,
2002. Trade secret theft includes data related to proprietary
information which might cover invented technologies,
industrial designs, brand strategies, customer acquisition
strategies, trade secrets/Know-how and related processes.
Restraining any third party when trade secret theft has been
established in court of law takes into consideration intent of
the parties in question, time frames and different contracts and
agreements submitted as Exhibits acts as data matrix for in-
depth analysis. Many times when facts of the case in question
are absolute a decree for permanent injunction and damages
as valued for the purposes of the suit and for loss of sales,
reputation and good will is looked into with hawk eye approach.
For example, strategically nowadays most of the internet driven
technology unicorn business models create Intellectual Property
portfolios with special focus on trademarks as it is easy to
establish profit and loss data with respect to customer brand
acquisition cost which is a new age rule book.
The success rate of establishing trade secret theft depends on a
number of factors and the most important factor is disclosure
of data in the public domain.
Public domain is defined in Black s Law Dictionary, Eighth
Edition at page 1265 thus:-
When copyright, trademark, patent, or trade-secret rights
are lost or expire, the intellectual property they had
protected becomes part of the public domain and can be
appropriated by anyone without liability for infringement.
Public domain is the status of an invention, creative work,
commercial symbol, or any other creation that is not protected
by any form of intellectual property. Public domain is the rule:
intellectual property is the exception.
Dates of execution of contracts and filing of suit before court
become very important from the point of view to establish
intent in good faith of even claiming trade secret theft. For
example, a manufacturing contract is signed between two or
more parties and one of the parties files a patent application
to protect the invention. According to Indian patent laws, the
patent application becomes a public disclosure once published.
So, if the date of trade secret theft is established before the
publication of the patent application then the suit in question
has a good success rate. In our current practice, we observed
that well-defined tailor-made definitions in contracts and
agreements is a good pro-active strategy.
III. FUTURE OF TRADE SECRET
REGULATION IN INDIA
To regulate any economy proactive checklists are very
important parameters to regulate the economy and especially
where technology is changing at rapid pace and different global
entities are working together to pool their resources.
Even in the current scenario internet technology enterprises
are working together to achieve their business goals in short
span to create customer experience. Establishing ownership
is key in determining who owns the trade-secrets and is an
extremely valuable resource to stay ahead and be a constructive
game changer.
Coding or compilation of big data is not a public disclosure and
the owner takes proactive measures to safeguard those coding
data matrices. Blockchain implementation in this case scenario
is key to the maze to keep big data as confidential information.
Nevertheless, technology has to marry jurisprudence and new
age regulations should be drafted to protect trade-secrets as a
whole.
In the current and future scenario, proactive strategic signed
contracts and agreements should be mandatory for smooth
functioning of any start-up or enterprise. For example,
Memorandum of understanding (MoU) with well-defined
time period to test the waters should be the first essential key
element to determine terms and conditions of subsequent
3. 28
AKGEC INTERNATIONAL JOURNAL OF TECHNOLOGY, Vol. 12, No. 1
contracts between the parties. Licensing agreements defining
calculations of royalty terms is a good practice and a clever
strategy to obviate any kind of litigation. To create a holistic
and win-win approach, renewal period terms of the licensing
agreements should be flexible and in alignment with short term
goals of the parties to the contract.
Dispute resolution clauses and sub-clauses form a strong base
to resolve disputes and especially IP disputes. Negotiation,
Mediation and Arbitration are like trinity in law to resolve any
arising conflict during the term of the contract or agreement
between the parties.
“There is no scale to measure disruptions happening in Industry
4.0, where technology is evolving at a rapid pace beyond
human imagination and that is what Blockchain and Big Data
analysis is all about.”
REFERENCE
[1] J. Thomas McCarthy, McCarthy on Trademarks and Unfair
Competition 1.01[2], at 1-3 (3d ed. 1996).
Ms. Prity Khastgir (b.26 Dec 1984) is Director
and chief research strategic officer at TCIS, India.
Patent attorney and business strategist with 15+ yrs
of experience, represents global clients to secure
their IP rights in India. Working on Sustainable
Development Goals mission projects on ad hoc
basis with ITU, Geneva and WIPO, Geneva as
technology strategist.
An international speaker facilitating workshops
globally on alignment of strategic aspects of
amalgamating brand strategy and IPRs to create strong IP portfolios, using
Blockchain as a service (BAAS) in different sectors, especially in healthcare
and pharmaceutical sector in Industry 4 Spectrum Era.
Transforming information into a more plausible understanding data matrix
is her USP.
Facilitated innovative digital skills and technology education through UN
training programs designed to address human and technical capacity challenges
with special focus on generating Innovations to drive GDP in Industry 4.0.
Trained over 10K+ scholars.