Trade secret
A trade secret is any type of confidential information belonging to a company or person that provides a competitive advantage in the marketplace.
For information to be considered a trade secret, it must meet the following criteria:
It must be secret
The information must not be generally known to the public or to competitors.
It must have value
The information must provide the company with a competitive advantage.
It must be kept secret
The company or person must take reasonable steps to protect the information from disclosure.
Importance of obtaining a certificate of ownership
If a competitor misappropriates or steals a company’s trade secrets, the company may have legal recourse, such as suing for damages or seeking an injunction to prevent disclosure.
It is important for a creator or company to protect and be able to prove if necessary that such secrets are its intellectual property. Since a trade secret can be disclosed by third parties or by persons who have access to the information.
Therefore, it is important to register it, obtain a certificate of ownership and maintain security measures to ensure the protection of confidential information to avoid plagiarism, misuse or theft.
Solution offered by enotar.io
To solve this problem, enotar.io created an innovative and absolutely private solution that allows registering files containing confidential information without the need to be disclosed to a third party, thus guaranteeing that the secret remains a secret at all times.
Using the enotar.io application you can register your trade secret in just a few steps and receive a certificate that is decisive in case of legal disputes, as it provides documented proof of the intellectual property of the secret.
International validity and coverage
This proof of ownership meets the requirements of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which includes international standards for protecting trade secrets. Member states must protect “undisclosed information” against unauthorized use, and to do so, the information must be secret, have value and be protected by “reasonable measures”. Although TRIPS includes judicial procedures for the enforcement of intellectual property rights, the application of trade secret laws varies from case to case due to differences in national judicial systems.