Meet the Advisor, William Schrader

John Wise
John Wise
Dec 1, 2017 · 2 min read

Loci is proud to have the guidance of some of the most capable and knowledgeable people in the technology space. Their experience and expertise will no doubt assist our team in making the best possible decisions for the sustainability of the Loci vision. Let’s introduce our latest addition to the advisory board, William Schrader!

We are lucky to have William join the Loci team, as he has a vast understanding of business strategy and analysis. He got his start after obtaining an MBA from Cornell University by helping create the supercomputer centers at Syracuse University and Cornell University along with setting the infrastructure for five national government networks. Since then, he has held a variety of leadership roles at different technology companies including a 13 year stint as CEO of PSINet Inc., where he increased company growth by 100% every year for 10 years. Besides that, he has experience ranging from startups to billion dollar businesses. He has successfully provided the analytical expertise to establish strategies to guide companies in times of growth, as well as reversing decline, while minimizing risk and continuing to produce stakeholder gain.

William will be working with us to offer guidance in any and all strategic and tactical moves that management undertakes.

William says, “The IP based digital currency has an intrinsic value, which is stronger than the Euro or the American Dollar,” says Schrader, “Therefore, I want to help it succeed.”

At Loci, we are dedicated to providing a safe, secure blockchain platform that inspires inventors to take the steps necessary to secure rights to their intellectual property. We want to change the way entrepreneurs go about their patent research by making it user-friendly and intuitive. Loci’s DIY patent research platform, InnVenn, uses the familiar Venn Diagram to organize patents according to the user’s keyword search. Each patent is represented as a dot on the diagram. This gives the user a visual map of areas that are congested, but also shows where this is room for growth; we call this whitespace. Whitespace is where there is margin for bright new ideas. By using Loci, inventors can find the whitespace and adjust their product to ensure they apply for an available patent.

With support from our expert advisory board, we increase our own understanding of business and strategic planning. We are excited to welcome William Schrader onto the team!

To learn more about our advisory board, check out the team, here.

If our project interests you, read the whitepaper, here.

John Wise

Written by

John Wise

John Wise is CEO & Chairman of the Board of Loci, a company that has created a platform for IP discovery and a marketplace for ideas using blockchain tech.