The Exchanges

Q network, generate over fifteen million dollars in revenue for my businesses, and fundraise over eight million dollars for my businesses and my clients. If you want to build relationships that work for you before you need them, go get this guide right now. The link is in the show notes. Okay, let's get back. And so what happened? Did you get another chance to present, or was that deal dead?

A Yeah, it was an industry event. I had many opportunities after that, and actually that That propelled me to an event where I got rid of a presentation altogether and did it all from the hip, and it was extremely successful. So it's like you take one horrible experience in your life and say, wait a second, I've been up there with no preparation, no material. I'm going to speak exactly what, and actually it was the time that I was, it was in Atlanta. It was a mobile industry event, and I was overhearing the British Telecom's, the mobile network in the UK saying, hey, listen, I need to get Prepaid services by Christmas. Otherwise, you know, in the shops, otherwise I'm going to lose my job as CEO of BT Cellnet. And then the, and then the CEO of Phillips saying, Hey, we're the new, we're making phones. We're the new manufacturer out there. If I don't get all these phones sold and in the stores by Christmas, I lose my job too. So I was selling patented rental systems. So I got on stage. I saw the two CEOs in the audience, big audience. And I said, I knew technically I could do this. I presented a pre real-time prepaid service and said that I could have that integrated and available in 60 days. Never been done before in the world. So after, they got me right away and said, Travis, can you do this? I mean, of course I can. Call my twin brother. Go to Stanford Library right away. There'…

AI assessment note: “I had many opportunities after that, and actually that That propelled me to an event”

Q In a world where social media companies Have access to all of your information. How are you able to protect the identities and the sovereign rights of people? It's a very lofty goal.

A No, it, it, it, you know, I, I can't say because we're public right now, but I do get, you know, the, the head of blah, blah, blah, interior whatever of governments, and they asked, they asked that question, Travis, can you, can you guarantee the sovereign, sovereignty of the identity of my people and also their data? And, and I say yes, and that's a very difficult question to answer this day and age. Uh, the reason why you, uh, SIM and eSIM technology, it's separate from everything else. It's a secure execution environment. So if your, your ID, your representation of who you are, the private information, I argue should be there, not on all these cloud systems that can be taken and manipulated. I also believe that it is our responsibility as humans from birth To garner and to protect everything from data, our identity and everything. You know, that, that's this whole thing today. It, it affects not only identity, but medical records and everything else you can imagine. And to do it, we have to separate data and give it clear guidelines.

AI assessment note: “SIM and eSIM technology, it's separate from everything else. It's a secure execution environment.”

Q The device that's going to enable the edge computing has to be powerful enough to compute the needs of what, of the security. I'm confident that smartphones are good enough to be able to handle that these days. The question is, if the SIM card is the one leading the charge, are SIM cards strong enough to be able to do that?

A Yeah. So it's interesting. Not a lot of people know is that secure silicon is manufactured by roughly five manufacturers in the world in NXP, former Phillips, Samsung, for example, the silicon foundries that manufacturers secure core silicon are separate from all other manufacturing by design. So it's set apart. All of these wafers or silicon are shipped not by freight, by air only. Once again, physical security end-to-end points. The assembly, where they take the chips and put it in the phone, so when you look at, it's the only known environment that has physical and logical security Full end-to-end life cycle, or what they call is a supply chain, let's say. It's the only known one. So that, and also the, the tamper-resistant measures in silicon are very robust and cannot be broken. They were broken over 20 years ago by a gentleman named Paul Kotcher that used to work for me. Now, he didn't work for me when he broke it. He's a billionaire now, but, uh, he broke it. And he provided the differential power analysis attack vectors, and that sold hardening SIM technology and secure core silicon, which goes into SIMs, eSIMs, HSMs, and also smart cards, Visa, MasterCard type. So, uh, and will it be broken in the future?

AI assessment note: “tamper-resistant measures in silicon are very robust and cannot be broken”

Q A lot of people seem to think that patents are kind of useless in protecting yourself, especially when dealing with China. How have you found working with patents to be? How, how important is it or how relevant is it actually to business?

A Oh, I wish I had my mentor, Richard Peterson, the Esquire of, uh, you know, a graduate of Hastings University of San Francisco. Well, they don't call that anymore. One of the most prestigious, you know, law schools for intellectual property. And, you know, it, it, the, I wish that intellectual property was taught as it was taught to me. So let's, let's begin. So the United States invented the patent system. And at the end of the day, the patent system was for an inventor who comes up with something novel that no one else thought that is useful in the world. I will take a royalty, a very small piece, maybe one or two percent is my compensation, and I go around to the world and teach my invention so it better the world. So I don't become this greedy person taking the money. The intellectual property can benefit the world. What has happened is the only the Offense, stewing, patent infringement, as everyone thinks about it, that corporate greed has completely reversed why the intellectual property system was invented by the US. You're supposed to teach, not take very much. It's reversed. Take it all. Be greedy, and so on. So, you know, uh, today with AI and stuff, people say, hey, patents are worth nothing.

AI assessment note: “I wish that intellectual property was taught as it was taught to me. So let's”