What is your background briefly?

I began my career as a systems analyst and programmer with NASA where I had the privilege of working on the Voyager, IRAS and Galileo projects.  My focus was primarily data for the scientists. From there, I built several technology-focused companies. These companies focused primarily on data in marketing. We worked with the largest Ad agencies and companies in the world, including BBDO, WPP, Omnicom, Microsoft, Intel, Boeing and Chrysler.

It’s been a lifelong journey of data technology and building businesses. Currently, we are focused on security and communications.  This is being expanded with the Global Secured Network to include data and blockchain.

Does it seem like a logical background to what you do now?

The only real change is I’ve begun advising a few select ICO companies that cross over into our space. My focus is helping them build a better business model and to create value.  I love what I do and have been blessed to work with great people who are industry leaders. Blockchain is an extension of this technology that opens new abilities. Cryptocurrency is a great way to monetize transactions and to create a trusted ecosystem across borders.

Give us a one-minute pitch for what you are doing now.

The Global Secured Network is an existing communications network for Corporations, Public Safety and Counter-Terrorism around the world to communicate. It’s being expanded to include managing all communications, including data communication between people, apps, and devices. Think of it as a secure communication protocol and platform for sharing data and communication – a “light” web to plug into.

Why did you get involved with ICOs?

I’ve been following Bitcoin for a few years as a technology, but only got involved with Crypto and ICO’s in October of 2017. Like everyone else, the upswing caught my attention and then I learned more of what it’s really about – people and innovation.  It felt like the 90’s all over again. My son educated me and I attended some conferences where I learned a whole new language about ICO’s, DAO’s, ASIC, POS, POW, etc…  For me, I loved the energy and the innovation and at the same time was confused by the recklessness.

Why do you think it is such a powerful idea?

We all know the issues in this industry with projects that have raised significant capital and are still barely past the idea phase. For me, this industry is done with those type of projects. They are bad for the investors and bad for the entire industry. I am very bullish on the Blockchain and Crypto industry. In my opinion, this turn back towards sustainable projects with a good business model is the only way these projects and industry can grow. It doesn’t mean we have to give up the principles of decentralization and crowd participation. But it does mean that even the non-profits and DAO’s cannot solely exist on pumping the value of their token. They have to provide value to their stakeholders and produce something of value.  Yes, to me, that means something people will buy.

For the Global Secured Network, there’s nothing out there like this. GSN is a long-term sustainable project with a great business model. It starts with good people and a grand vision. Then it’s about Product. Our product is being used every day around the world and is being expanded to meet real-world needs. Lastly it’s about execution.

It’s also about making a better world. One of our focuses is on Smart Cities. Smart Cities can only be smart, save the environment and create a better world, when they have access to the data they need to create these better ways.

How can people find out more about you & your work?

https://www.linkedin.com/in/david-fritsche-b6a27a52/

http://GlobalSecured.Network

Anything else you’d like to add?

The Crypto/ICO/TSO industry is just beginning. I spend some of my time bridging the gap between traditional business/investors and this industry. To be honest, very few of my colleagues believe me and still think it’s all about criminals and drugs. In this industry, some people think it’s all about decentralization and anarchy.   Others believe it’s all about privacy or pumping tokens.

For me, it’s about people. People who are incentivized to innovate and create new things. It’s innovation that creates purpose and energy for people. It gives hope for a better world driven by individual financial incentives.

 

 

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