Intellectual Property and Intangible Assets Credit Protection-World Credit Organization

4.6 Credit protection of debt, equity, intellectual property and intangible assets

4.6.1 Introduction to ICE8000 Credit Registration and Protection

Note: credit protection plays an important role in economic development and social integrity. In order to protect creditor's rights and reduce creditor's rights disputes, promote social integrity, reduce transaction costs, and improve human well-being, the World Credit Organization [WCO] is based on internationally accepted legal principles In accordance with the practice, the World Credit Organization [WCO] has formulated the "ICE8000 Claim Registration and Protection Standard" (https://www.ice8000.org/acnhwgc/170.htm).

People can use the "ICE8000 Claims Registration and Protection Standards" to register their claims at ICE8000 credit institutions and obtain a creditor's rights protection certificate to reduce creditor's rights disputes and use the ICE8000 credit penalty mechanism to protect their own claims.

4.6.2 Conditions and procedures for ICE8000 debt registration

1. Requirements for credit registration:

(1) Both the creditor and the debtor are members of the World Credit Organization [WCO];

(2) The debtor authorizes the creditor in writing to hold the "ICE8000 Creditor's Rights Protection Registration Certificate" to view the debtor's trace and credit records;

(3) The debtor promises in writing that from the date of issuance of the "ICE8000 Creditor's Rights Protection Registration Certificate" to the expiration of the "ICE8000 Creditor's Rights Protection Registration Certificate", he will truthfully and comprehensively register his own credit records;

(4) In the credit file of the debtor, there is no bad credit record (including: no bad formal credit evaluation record, no overdue debt record);

(5) The contract or reason for the creditor-debtor relationship is reasonable and legal;

(6) The creditor and the debtor have clearly agreed in writing: the time limit for repayment, the conditions for repayment, and the method of repayment.

2. Procedures for registration of claims:

In the first step, the creditor can ask the debtor to provide its own ICE8000 credit report to consider whether the debtor meets the conditions for credit registration and whether it can create a creditor-debt relationship with it;

In the second step, the creditor and the debtor jointly file an application;

In the third step, ICE8000 credit agency reviews whether it meets the conditions for creditor's rights registration;

The fourth step is to register the creditor's right according to the "ICE8000 Trace Credit Record Registration Standard";

The fifth step is to issue the "ICE8000 Creditor's Rights Protection Registration Certificate" to the creditor and debtor.

4.6.3 ICE8000 debt protection method

1. The creditor can use the "ICE8000 Creditor's Rights Protection Registration Certificate" to inquire about the debtor's credit evaluation information and trace credit records, so as to gain insight into the debtor's repayment ability.

2. If the debtor defaults on the contract, the creditor may entrust the ICE8000 credit institution to investigate its breach of contract according to the ICE8000 standard.

4.6.4 Introduction to ICE8000 Equity Registration and Protection

Note: equity protection plays an important role in economic development and social integrity. In order to protect equity and reduce equity disputes, promote social integrity, reduce transaction costs, and improve human well-being, the World Credit Organization [WCO] based on internationally accepted legal principles According to the practice, the World Credit Organization [WCO] has formulated the "ICE8000 Equity Registration and Protection Standard" (https://www.ice8000.org/acnhwgc/170.htm).

People can use the "ICE8000 Equity Registration and Protection Standards" to register their equity in ICE8000 credit institutions and obtain equity protection certificates to reduce equity disputes and use the ICE8000 credit penalty mechanism to protect their equity.

4.6.5 ICE8000 Equity Registration Conditions and Procedures

1. Equity registration conditions:

(1) Both the applicant shareholder and the enterprise are members of the World Credit Organization [WCO].

(2) The identity of the shareholder has been registered with the relevant state agency; or: it has been confirmed in accordance with the confirmation method stipulated by the law of the place where the enterprise is registered; or: the identity of the shareholder and the amount of equity have been confirmed in writing by all registered shareholders.

(3) The enterprise has provided a list of shareholders including contact telephone numbers. If the place of registration of the enterprise does not require shareholder registration, the enterprise shall provide a list of senior executives, positions and contact telephone numbers.

(4) Articles of Association are provided;

(5) The contract or reason for acquiring equity is reasonable and legal;

(6) Shareholders authorized by the company in writing have the right to check the company's track and credit records with the "ICE8000 Equity Protection Registration Certificate", and the authorization will expire until the "ICE8000 Equity Protection Registration Certificate" expires;

(7) The company promises in writing that it will truthfully and comprehensively register its own trace and credit records from the date of issuance of the "ICE8000 Equity Protection Registration Certificate" until the expiration of the "ICE8000 Equity Protection Registration Certificate".

2. Equity registration procedure:

In the first step, the shareholder and the enterprise jointly apply;

In the second step, the ICE8000 credit agency reviews whether it meets the conditions for equity registration;

The third step is to perform equity registration in accordance with the "ICE8000 Trace Credit Record Registration Standard";

The fourth step is to issue the "ICE8000 Equity Protection Registration Certificate" to shareholders and enterprises.

4.6.6 ICE8000 Equity Protection Method

1. Shareholders can use the "ICE8000 Equity Protection Registration Certificate" to inquire about the company's credit evaluation information and trace credit records, so as to gain insight into the company's operating conditions.

2. If the enterprise damages the legitimate rights and interests of the shareholders, the shareholders can themselves or entrust ICE8000 credit institutions to investigate the breach of contract according to ICE8000 standards.

4.6.7 Introduction to Credit Protection of Intellectual Property and Intangible Assets

Intellectual property and intangible assets credit protection service is an innovative credit service of the World Credit Organization [WCO]. There are 12 credit protection standards in total, which are:

1. "ICE8000 Website Name Registration and Protection Standard" (https://www.ice8000.org/acnhwgc/63.htm);

2. "ICE8000 Exhibition Name Registration and Protection Standard" (https://www.ice8000.org/acnhwgc/73.htm);

3. "ICE8000 Proprietary Name Registration and Protection Standard" (https://www.ice8000.org/acnhwgc/83.htm);

4. "ICE8000 Work Title Record and Protection Standard" (https://www.ice8000.org/acnhwgc/71.htm);

V. "ICE8000 Unit Name Filing and Protection Standards" (https://www.ice8000.org/acnhwgc/71.htm);

6. "ICE8000 Trademark (Logo) Filing and Protection Standards" (https://www.ice8000.org/acnhwgc/151.htm);

7. "ICE8000 Patent Filing and Protection Standard" (https://www.ice8000.org/acnhwgc/75.htm);

VIII. "ICE8000 Copyright Record and Protection Standard" (https://www.ice8000.org/acnhwgc/76.htm);

9. "ICE8000 Creativity Filing and Protection Standards" (https://www.ice8000.org/acnhwgc/77.htm);

X. (ICE8000 Well-known Name (Logo) Certification and Protection Standards” (https://www.ice8000.org/acnhwgc/85.htm);

11. "ICE8000 Celebrity Certification and Protection Standards" (https://www.ice8000.org/acnhwgc/86.htm);

12. "ICE8000. Credit Standard Review and Protection Standard" (https://www.ice8000.org/acnhwgc/87.htm).

Intellectual property and intangible assets credit protection services mainly include: credit institutions conduct formal review, confirmation, registration or filing of intellectual property rights and intangible assets owned by the applicant, and then the World Credit Organization [WCO] issues a credit protection announcement and issue credit protection certificates. When the obligee discovers that someone has maliciously infringed, he can use the ICE8000 standard to impose credit penalties on him.

The value of intellectual property and intangible asset credit protection services to customers is: to use the social credit system to add a protection lock to one's own intellectual property and intangible assets.

Intellectual property rights and intangible assets credit protection services are charged to units or individuals who apply for credit protection.

4.6.8 Review of registration and filing of intellectual property rights and intangible assets

Copyright filing is exempt from review, as long as the filing applicant guarantees that the source of the work is legal, not plagiarized, and that he owns the copyright of the work. Registration and filing of other intellectual property rights requires a formal or substantive review by the ICE8000 credit agency.

4.6.9 Diagram of procedures for credit protection of intellectual property rights and intangible assets

The above content is excerpted from "Introduction to ICE8000 Credit Knowledge" (written by Fang Bangjian, free to use, but please indicate the source)