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Jace is a software entrepreneur, user interface design expert and has built a handful of different projects and companies via bootstrapping and investor financing. He is also the co-creator of HighRevApplications.com which is the #1 instant app building platform for amusement parks in the US.

Jace is passionate about creating disruptive technologies using cutting edge software solutions such as the blockchain and more. He is passionate helping others become “crypto literate” and expand their own opportunities through this one in a lifetime blockchain movement.

During Jace’s 13+ years experience in the software industry, he has never encountered anything more exciting than cryptocurrency, bitcoin and the blockchain technologies. After having dabbled in it as a curious observer in 2017, he fully jumped in with both feet and started building the world's first Cryptocurrency learning education platform that focuses on helping the masses on making their first Bitcoin investments and more.


www.cryptostartupacademy.com

Watch the podcast here!

 

Podcast Notes

1YouTube generated podcast notes, please excuse any typos.
mean some things just take a little bit
1:32
of time to get done I mean when you when
1:34
you release those documents say to the
1:36
USPTO I mean it's just like you you
1:38
gotta we gotta wait right yeah I mean
1:41
absolutely you know it's a good things
1:43
take time
1:44
and and you know the the government you
1:47
know and their examiner's they're
1:50
they're good hard-working people yeah
1:52
you know they they're experts in their
1:54
industry it's kind of nice to know that
1:55
when you submit your patent application
1:57
this examiner they spend all day
2:00
focusing just in your industry it's
2:02
quite enlightening you know what you do
2:04
like an interview it's one of the best
2:06
ways I think to build rapport with them
2:08
you know they're they're very brilliant
2:09
and they do they do a very diligent
2:11
search and examination
2:13
and it builds good trust in the system
2:15
that a when patents get issued these
2:17
things are top-notch and they truly are
2:19
novel for non-obvious yeah oh no doubt
2:22
about it I mean any time and you you
2:25
said it several times any time I've
2:26
dealt with any of the examiners they've
2:29
been nothing but experts been courteous
2:31
and absolutely man I mean I find him
2:34
starting to teach me things when I talk
2:36
to him on the phone it's it's really
2:37
spend some time with you you bet you bet
2:39
absolutely
2:40
so well I know you got a guest on the
2:42
show today which is a cool subject and I
2:45
think that we're gonna get a lot of
2:46
people gonna be interested in this once
2:48
you go ahead and do a quick intro yeah
2:50
absolutely so you know I let them talk
2:51
in less class couple sessions about
2:52
aerospace but you know one of our other
2:54
specialties here at the law firm is
2:56
software and we're at the firm we're
2:59
constantly looking for experts and
3:02
clients that can help educate us keep us
3:04
up to speed with what's going on I mean
3:06
it's our job to know what's new and so a
3:10
good friend of mine his name is Jay
3:12
Sperry he's gonna be on with us today
3:14
and he's he's a friend of mine and I
3:17
said he's an expert in this particular
3:19
area of software that's called
3:21
blockchain and and he's got a an entire
3:24
set up online where he's doing education
3:27
pieces and has got a really neat offer
3:28
for all of our listeners today but it's
3:31
about cryptocurrency and and he's got a
3:34
lot more to share I want to let him talk
3:36
a bit so Jase are you there alright yeah
3:38
I am Thank You JT how you doing oh I'm
3:40
great am i good to have you on Jase this
3:42
is fun so tell us a little bit about
3:44
what what your company is and what you
3:46
guys are up to yeah so I'm a serial
3:49
software entrepreneur and when I when I
3:53
got it when I started getting into the
3:55
blockchain cryptocurrency Bitcoin like
3:57
all these keywords that sound crazy at
4:00
first you know I I did the natural thing
4:04
and went to google and type in you know
4:07
what is blockchain what is Bitcoin you
4:10
know how to invest I was hearing stories
4:11
of like literally friends making going
4:14
from nothing to 22 million dollars and
4:18
and work you know money that they can
4:21
transfer from cryptocurrency to fiat
4:25
currency and just
4:27
for years just from investing early you
4:29
know getting in at the right times and
4:31
if you would have gone in if you want to
4:33
invest in hundred dollars in 2009 it
4:37
would be worth a hundred million dollars
4:38
today so those those are the type of you
4:42
know returns that people are seeing and
4:44
it's it's real my friends are you know
4:47
seeing them they're they're making good
4:50
money so I had to get in and and
4:52
research and and do my own analysis and
4:57
what I encountered is the complexity of
4:59
everything being a software entrepreneur
5:02
you know it I couldn't imagine someone
5:06
not having a software background or
5:09
heavy technical technical background
5:10
getting it involved and trying to invest
5:12
for the first time so basically after
5:15
spending thousands of dollars on courses
5:18
thousands of hours of research I decided
5:21
to create my own education platform and
5:23
that's where I came from as an education
5:25
product as a product director Hawaii for
5:30
an education company they're one of the
5:32
top online real estate education
5:34
platforms in the United States they're
5:37
partnered with fortune builders comm and
5:39
so I came from that background and I was
5:41
like I'm I that was so effective for
5:44
educating how did invest in real estate
5:46
or become a real estate investor why not
5:48
apply the same exact principles to
5:51
cryptocurrency learning how to invest in
5:54
cryptocurrencies learn about the
5:56
blockchain everything you need to know
5:58
to get started so really after I spent
6:02
over an hour teaching my dad about it
6:04
and getting his cryptocurrency portfolio
6:06
up and running like literally over an
6:07
hour I was like okay I'm gonna actually
6:09
do this I'm gonna go all in and create a
6:13
platform that will walk anyone through
6:16
step by step using you know text and
6:21
video different you know teaching
6:23
mediums and methods to to get you get
6:27
you started and within a few you know
6:29
hours probably under just to paint on
6:33
your your technical savviness about
6:36
about an hour you'll be up and running
6:39
have a good
6:40
crypto portfolio you'll have you know
6:42
your court you'll have Bitcoin purchased
6:44
at least right and then you can kind of
6:47
go out from there and our goal is to
6:49
release ten courses and tool this year
6:51
so we just launched a few weeks ago we
6:54
already have a good amount of members
6:56
great feedback coming in and the goal is
7:00
just to help people and and and to
7:03
really educate people on what this
7:05
technology is the the potential a bit
7:08
because it's good you know it's changing
7:10
the world you you talk about patents
7:13
right Walmart just announced that
7:16
they're releasing you know they're
7:19
submitting for they submitted the patent
7:21
a patent to implement blockchain on
7:23
their delivery system so that's a big
7:26
deal so you're starting to see these
7:28
institutions IBM Walmart all these large
7:31
companies it building technology on the
7:35
blockchain Microsoft I mean I could go
7:37
on and on about all the different
7:39
companies that are starting to build on
7:42
this platform so it's it's real it's not
7:45
it's not just some pie-in-the-sky thing
7:50
that a lot of people are kind of hearing
7:51
it's it's a real technology that's
7:54
that's changing the world as we speak so
7:57
it's exciting and unfortunately there's
8:00
a lot of speculation as far as you know
8:04
hype and and with the education you go
8:06
online there's just information all over
8:08
the place so we're trying to create the
8:10
first go to you know platform when it
8:14
comes to learning everything you need to
8:16
know about cryptocurrency blockchain mom
8:18
hey a.j sets it's awesome because I tell
8:22
you what probably what kept me and
8:24
hundreds of millions of people out is
8:26
not knowing I mean people are scared
8:28
they hear it all the time I hear it on
8:30
the news cryptocurrency and Bitcoin and
8:32
all those things but in reality I know
8:34
what the hell it was so it really wasn't
8:37
interested I'm interested it cuz I see
8:38
the numbers people making millions of
8:40
dollars as you said but it's so cool
8:42
that you saw that need and jumped on it
8:44
even with your background being able to
8:46
do that because there's a lot of people
8:48
that would have wanted to get involved
8:49
that just didn't know yeah I mean
8:53
it is scary when you really start to you
8:57
first hear about even when I first heard
8:58
about it I was in I was in Hawaii and my
9:01
buddy Greg Gottman he's the founder of
9:04
Angel hack which the largest software
9:06
hackathon platform in the world now so
9:10
he founded that and so he when he was
9:12
visiting Hawaii he came he came over to
9:14
my house and he was like Jakes he's like
9:16
he's like do you know about the
9:18
blockchain I was like block chains and
9:21
blocks I don't have any idea what you're
9:23
talking about so oh so I went to my
9:25
office I haven't had you know a team of
9:28
engineers sounds like guys what is this
9:29
block shame and so they they laid it out
9:31
on the whiteboard and drew up all these
9:34
schematics and after they laid it out
9:36
for me I got it right so once you
9:38
understand the potential of what it is
9:42
you get it's it's a technology you know
9:45
so and all the value all these crazy
9:47
evaluations are based upon the potential
9:49
of this technology and and anyone can
9:53
invest you know and anyone can easily
9:55
download a coinbase app and and get
9:58
started so it's it's it's pretty cool
10:01
yeah hey get so so again real quick just
10:05
for our listeners cryptocurrency what
10:08
the hell is blockchain laney quickly
10:15
otherwise I want people website and
10:17
we'll talk about that later is it
10:19
something that you could just explain
10:20
quickly or where they say hey just go to
10:22
my website because I can't tell you but
10:24
the best thing is to go to my website
10:26
because we do fully break it down that's
10:28
one of those things you can just grasp
10:30
so the best thing I can do is provide an
10:32
example of how the technology of one of
10:35
the ways that they can really value our
10:37
economy and our world so I do a lot of
10:39
consulting worldwide and what the
10:42
blockchain does in it it it removes that
10:45
like a third-party institution so for
10:47
example if I'm if I'm getting money from
10:49
a client in Australia which was a recent
10:52
thing it there they were saying it would
10:56
take me about a month to get paid from
10:58
when I submit my invoice a month okay so
11:01
that's crazy
11:03
right and that's just a banking system
11:04
it's it's it's really old-school they
11:07
they take your money they put in this
11:09
holding account they build it you know
11:10
they're getting interest on that and
11:12
there's so many different ways that
11:13
things make money so what the blockchain
11:15
does is it's just it's a it / it allows
11:19
the money to be transferred within
11:22
minutes instead of having to have a bank
11:25
do it it's using this this technology
11:28
that's encrypted which is invented by a
11:32
guy named Satoshi who no one knows who
11:34
Satoshi is but it's invented by math you
11:38
know all these complex algorithm
11:40
algorithms and and equations and it
11:43
basically removes any third party
11:46
institution so the the transaction goes
11:50
up into the the blockchain and on a
11:52
ledger and it gets transferred over to
11:54
me and it's all recorded and so everyone
11:57
knows that it happened and it's kind of
12:01
crazy when you get into it but it's very
12:04
secure it's it's virtually unhackable
12:06
and it allows a transfer of information
12:10
knowledge and it's all transparent like
12:13
you can't you won't know that it's like
12:15
Jace Perry getting you know a thousand
12:17
dollars from this company you just see
12:19
that it actually happened from two
12:21
different sources so it's all on the web
12:24
you like you yet you see everything it's
12:26
just very transparent it's that's what
12:28
you would imagine for a currency system
12:31
or a technology system it's awesome yeah
12:34
yeah and I can tell you anything that'll
12:36
help us get paid faster a lot of people
12:38
would definitely be for it you know no
12:41
doubt about it because sometimes like
12:43
you said it takes a while so blockchain
12:45
whatever it's called if I can get paid
12:46
faster I'm definitely for me that's
12:51
valuable right like that's valuable I
12:54
mean imagine all the things that can
12:56
happen when we start you know getting
12:58
you know moving money quicker and also
13:01
there's like hardly any fees it's like
13:03
cents on the dollars versus like if
13:06
already transferred with PayPal or
13:08
Western Union you know you're paying
13:10
based upon how however much the amount
13:12
is say say if it's twenty thousand
13:14
dollars you're getting paid a hefty fee
13:16
on that 20 grand
13:17
versus a few cents and so you think
13:20
about
13:21
you know power in Puerto Rico or all
13:23
these these different situations where
13:25
we have all these masks kind of
13:27
destruction situations you know it to
13:30
get them relief as as a pain and there's
13:33
a bottleneck and so now with this
13:35
technology we can rip you can release
13:37
technology funds immediately because
13:40
there's no third party system like
13:43
regulating anything and so it's it's
13:45
incredible the potential that that we're
13:51
seeing with this and attacking before
13:53
our eyes you know so it's exciting well
13:56
I run into that a lot here at the launch
13:59
pad I mean we sometimes have to send
14:01
tens of thousands of dollars outside the
14:03
country to get products made or
14:04
manufactured and a lot of times we will
14:07
wait until we have a couple clients
14:10
because the fees are very high you know
14:13
there's transaction fees and then say
14:15
we're dealing with China or somewhere
14:17
else in Asia there's transaction fees on
14:19
there and that we have to pay so man
14:20
it's this kind of thing and I didn't
14:22
really know how helpful and how
14:26
accessible it was because it could
14:27
really help not only myself but our
14:29
clients you business faster and a lot
14:31
lower cost yeah I mean we're we're in
14:35
the industries where we use math and
14:37
science and data right I mean it's it's
14:40
it just works right and this is the same
14:43
thing it's using those same principles
14:45
and it's numbers and it's not human so
14:49
it removes the human error from
14:50
everything and it allows everything just
14:53
to function off of mathematical
14:55
equations and it's and it works it's
14:57
proven that's why you see the largest
14:59
institutions jumping on board and that's
15:02
why it's still a great time to buy even
15:04
though it kind of went down from the
15:08
hype and the winter break you know but
15:10
it's still like a great time again and
15:13
there's a lot of speculation that it's
15:15
gonna gonna go up too or Bitcoin
15:18
specifically is gonna be you go up to
15:21
like fifty thousand dollars a share this
15:23
year which it's out of looking right now
15:25
it's at eleven thousand four hundred
15:26
ninety seven so you think like that's
15:28
almost 5x right there so I mean that's
15:33
just speculation that's not
15:35
you know noting that it's a speculation
15:37
but it's it's firm it people that have
15:39
been in this tree industry analyzing the
15:41
markets for a long time and you see that
15:43
it went from hundred dollars to what it
15:47
is now just you know not too long ago
15:49
it's very very probable so we're still
15:53
at the beginning of it it's like the
15:54
dot-com era when that first started a
15:57
lot of people were like not into it
16:00
they're like you guys are crazy
16:01
you know so it's the same thing you know
16:04
it's a it's a disruptive new technology
16:06
and then and it's this education so the
16:09
more you educate people on I go you know
16:12
this is how it works or these are the
16:13
actual tools that that it's used for
16:16
then you know you start to build
16:18
confidence for it that's cool man and
16:21
Jason I'm just getting started too but
16:22
would for everybody listen here could
16:24
you help them with where to go I mean
16:26
just to get started if they're if
16:28
they're looking to you know take this
16:29
seriously and learn about it yeah so go
16:32
to wwww doe start-up academy.com and
16:42
then that will get you started on the
16:45
101 course which explains its the
16:48
foundation so everything about
16:49
blockchain cryptocurrency there's like
16:52
videos and and you know pictures and
16:55
really like breaks it down for you
16:57
and then the 201 course that's every
17:01
that's step by step on how to actually
17:03
invest so how to buy Bitcoin the
17:06
different coins on the market and that
17:10
really walks you step-by-step and
17:12
there's a special code for the listeners
17:15
today it will keep the 201 course at
17:17
$19.99 for the 201 course and then if
17:22
you want to continue on a membership
17:25
it's $19.99 a month and that includes
17:27
additional courses that are coming in
17:29
and then also coaching so you know
17:34
there's a lot of cool resources on the
17:35
platform and yeah it's just a great
17:38
great tool to get you up and started
17:40
quickly I know most of us do not have a
17:42
lot of time just to search around the
17:44
web and try to learn ourselves so this
17:46
is just the go-to spot
17:48
for getting started yeah what's the code
17:53
oh sorry it's a bold crypto Oh getting a
17:59
little digging there JD absolutely
18:04
that's great well thank you Jason Philip
18:07
the bold crypto right yeah Jake cool
18:09
crypto hey JD is this something that you
18:10
guys are running into over at your
18:12
office this type of software stuff yeah
18:15
we are we've got one one app pending I
18:18
can't talk about specifics but I mean
18:19
it's unbelievable the potential here and
18:22
I need to continue to learn in this so
18:25
that we can help work with our clients
18:26
I'm getting tons of inquiries about it
18:29
and you know what I want to talk about
18:32
later on our show is more about software
18:34
and patentability eligibility right tons
18:37
of people have questions smart inventors
18:39
have lots of questions about software
18:41
whether they should even go down the
18:43
route of patenting and I just wanted to
18:46
share a bit about that too you know with
18:50
with regarding you know section 101 of
18:53
the patent code you know the the
18:56
eligibility analysis is something still
19:00
in flux right it's the Supreme Court big
19:02
decision in 2014
19:04
CLS Bank versus Alice that sort of
19:06
launched the Supreme Court and all the
19:09
Federal Circuit to take basically crack
19:11
down on those patents that are that are
19:15
drawn to what's called abstract ideas
19:17
and so a lot of software falls into that
19:20
because these patents that were being
19:23
struck down since then have basically
19:25
been doing things that aren't new but
19:27
they're just putting them on a computer
19:29
and calling him something new and so
19:31
those are those have all been kind of
19:33
invalidated over the past three four
19:35
years
19:36
and so there's a special sort of a
19:38
process to evaluate a claim to see
19:42
whether it's patent eligible now and the
19:44
high level version of it is that it must
19:47
have some tangible tangible output or
19:50
function that's novel and new right so
19:53
it's it's something to think about a
19:55
software more like a flowchart okay what
19:59
are the functions what is this
20:00
performance
20:01
me or a user that's actually physically
20:05
verifiable when you can see it through
20:07
user interface see it through a device
20:09
or through some sort of physical
20:11
manifestation if it's temperature you
20:14
know some sort of a bank account ledger
20:16
you can actually see things moving
20:17
around that's those are the indicators
20:20
that you're looking for and you know
20:23
that actually broadens it out quite a
20:25
bit and you just need to make sure those
20:26
types of words are in the claim language
20:28
in order to make it eligible you know if
20:31
we're seeing a nimble and blockchain
20:32
technology a lot of different stuff I
20:35
mean a lot of it around verification you
20:37
know third no basically removing human
20:40
error and a lot of cases from having to
20:43
you know being able to audit much
20:46
quicker to make sure that your your the
20:49
efficiency in a transaction you know
20:53
Jace mentioned the Walmart when I got to
20:55
go look into that but I'm guessing it's
20:57
got to do with increased efficiency and
21:00
in information and data transferring
21:03
between one of the multiple parties
21:06
that's just fraught with error that
21:07
there's gonna be error in there and
21:09
there's going to be leg time if you can
21:11
enter it into this new blockchain type
21:13
technology for the sounds of it it's
21:16
looking like these are able to claim you
21:19
know ways that you can bypass a human
21:22
review right bypass a check point and
21:26
and make it more transparent for
21:29
everyone and that's there's got lots
21:31
applications in almost any conceivable
21:34
industry a did this type of I guess
21:40
noticing from USPTO come around because
21:44
of I mean there's so many applications
21:46
that are coming out is it just because
21:48
of the cryptocurrency or is it because
21:50
of the applications on phones and on
21:52
different software's it seems like like
21:54
everybody has an app out there yeah well
21:57
I mean and I granted we haven't seen it
21:59
all but I know that there are last stat
22:02
I saw was around 800 issued patents and
22:06
so you know in this area the USPTO has
22:09
had to stand up a separate art unit
22:11
right much like there is for you know
22:13
electric circuits
22:14
you know you know mechanical hydraulic
22:16
pumps they've got like five good they
22:19
now got a team a separate team they've
22:20
stood up to handle blockchain and
22:22
cryptocurrency just know that
22:25
cryptocurrency is just one of several
22:27
applications of this what I believe is
22:30
called blockchain is the more generic
22:31
term hope J's could confirm that - is
22:34
that right yeah blocking is the the
22:37
technology and then the cryptocurrency
22:39
is just the the value system behind it
22:43
yeah right
22:44
right I mean this is a lot more I need
22:46
to hear about it I'm excited just from a
22:48
financial point of view no to learn
22:49
about this way to invest but what's
22:51
interesting about this sort of bringing
22:53
it full circle is that to be a smart
22:55
investor one should probably know more
22:59
than just write he said more than just
23:00
speculating you're gonna want to know
23:02
about those companies and what their
23:04
technology is and the core you know why
23:07
you'd want to invest your money in one
23:09
company over another if you know within
23:12
this industry so I think it's from gonna
23:15
be great for great for all of us to sort
23:19
as this innovate as this technology
23:21
begins I do think we're at the beginning
23:22
as well I agree with chase with that you
23:26
know people like me or you know we're
23:27
still learning and you know it's never
23:29
too late to start learning you know it's
23:31
I'm sometimes it's like I feel almost
23:33
like I'm behind I'm too far behind to
23:36
try to learn I feel like I've missed the
23:39
you know the big first mover advantage
23:41
on this but I think there's no way
23:44
that's true you know I think the we're
23:46
still in the in the grand scheme of
23:47
things still very early and we're gonna
23:50
see a lot of innovation soon you know I
23:52
would I would agree with that one
23:53
percent I mean the majority of people
23:55
probably are still fearful or don't know
23:58
and I think things like what Jace is
24:00:00
doing education and knowledge and giving
24:03:00
that out really helps bring more people
24:05:00
in and then it turns into turns it into
24:07:00
a really super powerful thing because
24:09:00
more the more people know the better you
24:11:00
know and AJ so I got a question that
24:14:00
came in from my office I kind of
24:16:00
broadcast this throughout my office and
24:18:00
not that not that you're giving out
24:21:00
investment information but are there any
24:23:00
other types of cryptocurrency that is
24:27:00
really worthwhile
24:28:00
looking at yeah I mean there's there's a
24:31:00
lot there so anything that's not Bitcoin
24:35:00
it's called an altcoin and so there's a
24:38:00
lot of different alt coins out there
24:40:00
anything you can you know I would advise
24:43:00
doing your other research but there's a
24:45:00
lot of cool projects that that you can
24:49:00
check out and range it by the the market
24:52:00
cap size that'll give you like the you
24:54:00
know the top kind of talk ten coins to
24:57:00
to watch out for and invest in but yeah
25:01:00
I mean there's it's I don't like to like
25:04:00
really say what what my favorites are
25:06:00
just because it's just so volatile but
25:09:00
uh yeah there's there's a lot of good
25:11:00
out the ones to invest in might what
25:13:00
I've adopted as far as like some of the
25:15:00
best advice that I've gotten for an
25:16:00
investment strategy especially for those
25:18:00
that are just starting out is 40-40-20
25:22:00
so that's 40% into Bitcoin 40% into
25:26:00
ether which are the top you know top to
25:29:00
coins right now and then the 20% is
25:32:00
spread out evenly into the other
25:35:00
altcoins
25:36:00
so like the top 10 all coins you know
25:38:00
just spread it out evenly and that's a
25:40:00
pretty good like getting started
25:43:00
portfolio so that that's what I do there
25:48:00
you can get into I SEOs and you know
25:51:00
investing in those so yeah I mean it
25:54:00
there's a lot you can get into so just
25:57:00
to get started oh that's that's that's
25:59:00
what I recommend right there yeah and I
26:01:00
would definitely recommend checking out
26:02:00
Jason Jason you know this is just such a
26:07:00
cool thing I mean it really takes people
26:09:00
out of their comfort zone and makes them
26:10:00
learn and makes them see how what's out
26:13:00
there I mean it's so cool we're talking
26:15:00
about you know digital currency hey Jase
26:17:00
does everybody ever say I never got my
26:20:00
coin they really think it's yeah I'm
26:25:00
sure some people do I mean it yeah it's
26:27:00
it's so it's crazy because it's so
26:29:00
digital you know like we have these like
26:32:00
that it's just there's no there's no
26:34:00
walls anymore so it's a it's a small
26:35:00
ecosystem once you get like once you get
26:38:00
into the industry you know like
26:39:00
everybody kind of knows each other
26:41:00
and it's it's such an exciting time too
26:44:00
because you know I hosted my first
26:47:00
meetup here in San Diego
26:48:00
and had a great turnout for the first
26:51:00
one you know and like it's just people
26:53:00
are like I had people for accountants to
26:56:00
tax attorneys to all these different
26:59:00
industries wanting to learn more and
27:02:00
like how they can apply it to their
27:03:00
industry and like you guys were saying
27:05:00
you know like for patents this is gonna
27:07:00
be huge like you said there's only 800
27:10:00
filed right now yeah you had issued that
27:14:00
which probably means there's there's
27:15:00
easily thousands that are in process
27:17:00
right now yes
27:19:00
that's gonna grow like crazy I mean
27:21:00
every industry I mean if you if you if
27:24:00
you're not looking into filing a patent
27:27:00
that's you know in your industry and you
27:29:00
have the opportunity to you should do it
27:32:00
so it because it's gonna happen at some
27:35:00
capacity right now that it's an
27:38:00
incredible time because we're early so
27:39:00
you can the chances are much higher to
27:42:00
get the patent probably approved if you
27:43:00
have someone like JD you know behind you
27:46:00
but yeah every industry is getting
27:49:00
disrupted right now from banking to
27:51:00
logistics the the blockchain technology
27:55:00
can be applied to anything so just think
27:58:00
of anything that that that could cut out
28:00:00
a third-party vendor or third-party
28:02:00
system to to make things quicker faster
28:05:00
and needs more transparency so like the
28:08:00
voting system I went to a talk and let's
28:11:00
list listen to a future congressman for
28:15:00
San Diego and he's gonna be implementing
28:19:00
the blockchain system for voting
28:22:00
so voting on issues so not voting on the
28:25:00
President or particular people but
28:28:00
voting on issues so it was it was very
28:31:00
interesting because you no longer have
28:32:00
to identify with Republican or Democrat
28:34:00
like you just if you if he gets elected
28:38:00
he's gonna send issues to Congress based
28:41:00
upon whatever gets voted on the
28:43:00
blockchain and what the blockchain does
28:44:00
it provides transparency on all the
28:48:00
issues being voted so I make my vote and
28:51:00
it gets immediately record into the
28:53:00
blockchain I can't remove
28:55:00
I can't hack it I can't look twice and
28:58:00
it just all gets stored in the
29:00:00
blockchain and so you know he's Trina's
29:03:00
like an issue-by-issue basis where he
29:05:00
can just the whole populace votes you
29:08:00
know in that district for the
29:10:00
constituents and then that gets based
29:12:00
upon the boats that gets sent to higher
29:15:00
up so it's incredible like that's just
29:17:00
one example for how that's gonna how
29:20:00
you're seeing the blockchain start to
29:21:00
like already disrupting the the
29:23:00
government you know right
29:25:00
yeah but bodings being implemented on it
29:27:00
so anything that you can think of that
29:29:00
can remove a third party system and
29:31:00
remove error right like the voting
29:33:00
system paper ballots that's very
29:35:00
old-school counting mishaps right
29:38:00
there's so many issues that we've seen
29:41:00
recently seen so you can see how it can
29:44:00
remove that error just using off you
29:46:00
just base off a math and transparency
29:49:00
and there's so many neat applications
29:53:00
you know it's it's just fun to nerd out
29:56:00
on it's like okay how we're going to use
29:58:00
where can you use blockchain today you
29:59:00
know so right yeah it's exciting about
30:04:00
it is not just you know like you said
30:06:00
errors I mean you're talking about you
30:08:00
know removing extra costs third parties
30:10:00
you're moving time I mean as you said
30:12:00
just being able to get things done
30:14:00
quicker is super important you know so
30:16:00
ajd have you seen where you may have to
30:19:00
add on people or extra services or I
30:23:00
mean this seems like it's gonna be
30:25:00
pretty big yeah I mean it's a I think
30:27:00
it's a perfect analogy to sort of
30:30:00
another calm an Internet boom I mean
30:32:00
it's really that big has the potential
30:33:00
to be that big so we just had a higher
30:36:00
we just brought someone on with
30:38:00
electrical computer science background
30:39:00
so you hit the nail on the head we're
30:43:00
gearing up for this to make sure we can
30:44:00
deal with an influx of inquiries and in
30:47:00
patents getting filed we've like I said
30:50:00
we've got one in work it's we're like
30:53:00
thinking of many many more this year the
30:56:00
you know the news is coming out some of
30:58:00
these companies having really good
30:59:00
success with bringing this technology to
31:02:00
market you know we're looking last week
31:04:00
at Kodak right they've got a really neat
31:06:00
way to to lock in their their
31:09:00
owner right for a photograph instead of
31:11:00
having to track down who's downloading
31:13:00
it and who's paying the right royalties
31:14:00
it's all linked in to that image right
31:17:00
the owner all the built-in royalties so
31:19:00
it's all it's transparent the whole
31:22:00
thing so it's and this is one really
31:23:00
cool example of how this can work for
31:26:00
everyone involved right the people
31:28:00
downloading it can just pay their simple
31:29:00
royalty to the third-party app there's
31:32:00
no there's no question whether it was
31:34:00
downloaded or viewed it's all right
31:35:00
there in the in the ledger it's like wow
31:38:00
this is really cool and this has
31:40:00
applications all over so that's one
31:42:00
little copyright IP you know benefit but
31:46:00
the underlying technology is patentable
31:48:00
right every single new version as long
31:51:00
as that functionality right I just
31:54:00
mentioned the you know the photography
31:55:00
making sure they get royalty credit as
31:58:00
long as that that little slice is is
32:00:00
novel and non-obvious Ness
32:02:00
it is patentable so I appreciate Jays
32:06:00
saying that if you've got even a
32:07:00
question or you've got a thought come
32:09:00
seeing a patent attorney get it will do
32:12:00
a quick search we're getting it on this
32:14:00
landscape better than anybody else so we
32:16:00
can do a thorough search for you and
32:18:00
we'll get the patent application filed
32:19:00
that way you can get it protected and
32:21:00
start doing the investor fundraising
32:23:00
type activities that are needed you know
32:26:00
to get a business off the ground basic
32:28:00
sets exciting time no doubt yeah
32:31:00
no doubt it is and I think it's just
32:33:00
gonna get more exciting as Jason as you
32:36:00
explained I mean we're just a deputy
32:38:00
iceberg right with this right Jase I
32:40:00
mean the more people understand and
32:42:00
that's what I love what Jase is doing
32:43:00
the more people understand them the more
32:45:00
power the community the world is gonna
32:48:00
have yeah I mean you you talk about tip
32:52:00
of iceberg
32:53:00
it's Ellen DeGeneres had a segment on it
32:56:00
last I think two weeks ago talk it's
32:58:00
funny he should if you YouTube Ellen
33:01:00
Bitcoin it's it's pretty funny how she
33:03:00
goes about her way of describing it you
33:06:00
know and it is like as he watched it
33:09:00
it's it's it's even complex for someone
33:11:00
like her text to explain it and she's
33:14:00
got all these professional writers and
33:15:00
but uh you know people in the media are
33:18:00
starting to cover they're starting to
33:20:00
talk about it and and we're
33:23:00
platform comes in it's like okay well
33:24:00
you talk about it but still there needs
33:26:00
to be there's a lot more you need to
33:28:00
know like where to buy your coins how to
33:31:00
store them since there's no bank where
33:34:00
do you store them you store them you're
33:35:00
yourself so you are the bank now right
33:38:00
there there's just so many different
33:41:00
things you need to know cuz there's
33:42:00
there's hard there's a cold storage hot
33:46:00
storage paper storage methods that yeah
33:49:00
right you should do all of them right
33:51:00
and so it's like all these different
33:54:00
things you need to know that really
33:56:00
affect everything because you do not
33:58:00
want to lose you know I have friends I
34:00:00
have hundreds of thousands in the game
34:04:00
so you don't want to lose that money
34:05:00
just from doing something uneducated so
34:09:00
are like our platform teachers
34:12:00
everything you need to know as far as
34:14:00
getting started and we're having we're
34:16:00
working with some of the largest people
34:18:00
in the space as far as how to fire taxes
34:21:00
with crypto cuz that's the biggest issue
34:24:00
right now is you know like with the IRS
34:26:00
announcing all their guidelines now for
34:29:00
taxing all the capital gains they're
34:31:00
treated as actual assets there's so much
34:34:00
you need to know like just all across
34:36:00
the board because it's so new it's so
34:38:00
fresh laws are being introduced every
34:41:00
month and it's different for each
34:44:00
country so assist that edgy you know
34:47:00
what we want to create just a go to
34:49:00
platform like oh I need to know this
34:51:00
then you go to our platform and you in
34:53:00
you in this you just learn it and we
34:56:00
break it down really simple you know go
34:59:00
and so crypto startup academy.com is
35:01:00
that right yeah awesome well that's
35:05:00
that's perfect I mean I'm I'm just
35:06:00
starting know if I'm in that but I'm I'm
35:08:00
going to encourage that for all the
35:10:00
listeners as well just a quick line if
35:13:00
this is one of your first times
35:14:00
listening our website at the law firm is
35:16:00
bold IP comm bol di p comm so if you've
35:21:00
got a crypto idea you got a buddy you
35:24:00
know just a question regarding patent
35:26:00
eligibility you want to get started
35:28:00
right away go on a website and book a
35:30:00
free consultation you know if you're
35:32:00
still in that card information gathering
35:34:00
phase we're offering a free book
35:36:00
and it's it's bold ideas the inventors
35:40:00
guide to patents this is a hundred fifty
35:43:00
page guide it walks you through
35:45:00
everything patentability searches
35:47:00
difference between provisional and non
35:49:00
provisional some of the things that are
35:51:00
needed for software inventions to get
35:53:00
filed and get approved through the
35:55:00
Patent Office so our website is an
35:57:00
ongoing venture to make sure we have the
35:59:00
best information for you the inventor so
36:03:00
please visit that at bold IP comm
36:05:00
another venture I'm doing this this year
36:08:00
as a daily podcast is another daily
36:10:00
video called the bold today show as a
36:13:00
three to five minute piece I put a lot
36:15:00
of effort into writing scripts for so if
36:17:00
you're looking for this a quick on the
36:19:00
way to work or if you're working out I
36:21:00
won one bit about patent knowledge every
36:25:00
day I'm delivering that so go to go
36:28:00
subscribe is the bold
36:29:00
today's show and so I'll just appreciate
36:32:00
your car mine through let me mention
36:33:00
that I'm excited it's a fun venture this
36:35:00
year no it's actually great I mean I
36:38:00
pick them up every day on the way to
36:40:00
work man it's some good stuff that you
36:43:00
cover that what I like about what you're
36:44:00
doing JD with those videos is that it's
36:46:00
quick you know like you said it's not
36:48:00
something that you know it's gonna I
36:50:00
can't finish it before I get to work and
36:52:00
that's what's cool about its quick
36:53:00
information it sticks with me and and
36:56:00
it's done and then I know the next day
36:58:00
you're gonna give me some more yeah
37:00:00
awesome well I mean this has been great
37:03:00
having you on Jase I just want to thank
37:05:00
you for your time and you know probably
37:06:00
back on the show you know as we watch
37:09:00
this make more of a you know ongoing
37:11:00
learning here on our on our podcast yeah
37:14:00
it's it's exciting times go to bit point
37:19:00
SC that's like one of the main news
37:21:00
websites if you if you're just curious
37:23:00
about all the latest news and in the
37:25:00
industry that's a good one it's bi T P
37:29:00
oh I M T dot s e ok so bit point SC and
37:36:00
then you know you can just open that up
37:38:00
every day and you'll get some type of
37:39:00
crazy news like last month I think it
37:42:00
goes like South Korea's banning
37:44:00
cryptocurrency dislike crazy headliners
37:48:00
and that like that likes just the
37:50:00
market you know just from that news cuz
37:53:00
it's a lot of new investors it's a lot
37:55:00
of people the cool thing is that it's a
37:57:00
lot of people that would not typically
37:59:00
invest into a financial market that are
38:01:00
investing so that's great like where
38:04:00
there's more people getting more
38:06:00
literate with money how to invest and
38:09:00
it's great but at the same time there's
38:11:00
a lot of new investors so whenever you
38:13:00
get news like that it the market swings
38:15:00
quite a bit but uh what what South Korea
38:19:00
I think what the government learned is
38:20:00
like okay there's really nothing we can
38:22:00
shut down because like you can't there's
38:25:00
no central point for the technology for
38:27:00
the blockchain you can't you can't shut
38:29:00
it down it's impossible so you can
38:31:00
collects all these movies like we've
38:33:00
been watching the past years growing up
38:35:00
by a resident evil or Skynet it's like
38:38:00
it's basically that I mean you can't
38:39:00
there's there's milk like thousands and
38:42:00
thousands of nodes on this blockchain
38:44:00
network and you the only way you can
38:46:00
shut this down is if you remove every
38:48:00
single point of contact every node all
38:51:00
across the world and so that's
38:53:00
impossible to do so you can't shut this
38:56:00
down it's it's impossible so you know a
39:00:00
lot of governments are realizing this
39:02:00
and that's why you're starting to see
39:04:00
the shift of governments trying to work
39:07:00
with everybody to make it you know
39:10:00
happened and you see that in Dubai and
39:12:00
in certain governments actually running
39:14:00
on the blockchain starting so it's
39:17:00
exciting times awesome well thanks for
39:20:00
being on Jace and carmine it's been good
39:22:00
good having you on - man thank you
39:24:00
all right guys yeah Jace thank you very
39:27:00
much I mean it's a super great
39:28:00
information JD is always mad thank you
39:31:00
for spending the time and giving us the
39:32:00
stuff if possible go on out to bold IP
39:35:00
comm check it out as Jason as JD had
39:38:00
mentioned and we have Jase go on out to
39:40:00
the crypto startup academy.com check it
39:44:00
out it means a lot of good information
39:46:00
out there is actually looking at it
39:47:00
before jumping on the show if possible
39:50:00
any of you listeners please go on out to
39:51:00
Google Play or iTunes leave us a rating
39:54:00
leave us an honest review let us know
39:56:00
how we're doing and of course any
39:58:00
Content that you'd like to hear and as
40:01:00
usual I thank all of our listeners for
40:03:00
all the information
40:04:00
and their write-ups and in for in any
40:07:00
questions that you would like I thank
40:09:00
you for listening and we'll catch you
40:10:00
next time on go big go bold IP show you
40:14:00
all take care

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