Joshua Sodaitis, CEO of Peer To Peer Network (PTOP), turned setbacks into success by inventing the "Electronic Interactive Business Card Mobile Software System with Customer Relationship Management Database," building the first and only publicly traded digital business card company around his invention. His journey combines resilience, vision, and a mission to redefine networking with a patented technology now positioned to dominate an emerging $300 billion industry he helped pioneer.
Sodaitis has never been one to back down from a challenge. His rise to becoming an inventor and industry pioneer began with nothing more than frustration, grit, and an unrelenting drive to solve a global problem in how people connect.
His breakthrough moment came at a major business conference where he handed out more than 500 paper business cards and received only a few in return. The inefficiency of the process was obvious, and Sodaitis walked away knowing that the way the world exchanged contact information was broken. That realization set the foundation for an invention that would eventually reshape an entire industry.
Transitioning from a successful early career in finance, he earned his Series 7, Series 63, and Series 24 licenses and helped take several companies public. Sodaitis shifted his focus to building a better, smarter, more connected future. The result was a technological innovation that is now protected by U.S. Utility Patent #10,616,368, formally titled "Electronic Interactive Business Card Mobile Software System with Customer Relationship Management Database."
First filed in 2014 with priority claims and officially recorded in 2018, the patent established Sodaitis as a pioneer in digital identity exchange long before the term "digital business card" entered mainstream language. Utility patents represent the strongest form of intellectual property protection in the United States, safeguarding the functional elements of an invention rather than just its appearance. Sodaitis' patent includes 19 material claims, and together, they define the architecture behind modern interactive business card systems.
The patent protects real-time interactive profile exchanges between devices, enabling users to transmit interactive profiles, generate confirmation signals, and create verifiable digital handshakes. It safeguards a viral multi-recipient sharing model, often described as N-to-N+1 propagation, allowing recipients to forward the card to additional users, an innovation that provides PTOP with significant defensive leverage in an industry where forwarding or sharing digital cards has become commonplace.
It also secures automatic CRM syncing, recording the identity of receiving devices, timestamping transmissions, and updating data across all connected devices through a centralized database. In short, the patent didn't just protect an idea; it protected the mechanics of an entire industry.
With this intellectual property secured, Sodaitis made a strategic move that no competitor has matched: he turned his patented invention into a publicly traded company. MobiCard evolved into PTOP, which today stands alone as the first and only publicly traded digital business card company. But the road to this point was far from smooth.
Early in the company's development, Sodaitis relied heavily on an external app development firm. Fixing bugs at $3,000 per month created a cycle where progress in one area caused setbacks in another, draining resources and eroding momentum. When he attempted to move development in-house due to poor software practices by the development company, this prevented the transfer of essential code, forcing the team to rebuild the platform.
The setback cost PTOP a full year of progress, yet Sodaitis refused to abandon his vision. Instead, he used the setback as an opportunity to rebuild the system more intelligently and prepare the foundation for MobiCard 2.0, an enterprise-grade platform capable of supporting digital cards for entire corporations. It's set to be released in the first quarter of 2026.
Today, Sodaitis' mission centers on building what he calls the "dynamic digital footprint" of the world. He sees a future where fragmented networking platforms, inconsistent contact data, and outdated paper cards are replaced with instantaneous digital exchanges that are tracked, stored, and analyzed in real time.
His system allows contacts to be shared instantly across any device, provides analytics on engagement and interactions, syncs automatically to CRM databases, and offers a sustainable alternative to the billions of paper cards that contribute to global deforestation each year. As Sodaitis often emphasizes, eliminating paper cards isn't just about convenience; it's about environmental responsibility and technological evolution.
Looking ahead, Sodaitis aims to uplist PTOP to the NASDAQ and potentially consolidate the digital business card space using his patent portfolio as both shield and sword. The opportunity for expansion, acquisition, and enforcement is enormous. Sodaitis believes PTOP is uniquely positioned not only to lead the market but to define its standards.
From his origins as a young stockbroker to his transformation into a tech CEO and inventor, Joshua Sodaitis' journey has been defined by resilience and persistence. "Setbacks happen," he says. "But if you believe in your vision, you push through. That's what leadership is." Through PTOP, Sodaitis isn't simply digitizing business cards; he's redefining how the world connects: a future where every interaction is efficient, trackable, sustainable, and protected.
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