The Life of Serge Christian Belamant

The Life of Serge Christian Belamant

Serge Belamant was born in 1953. He was born to a tiler father. They moved to South Africa from France when Mr. Belamant was a teenager. About Serge Belamant got higher education and worked so hard in South Africa that he got the name of Steve Jobs and Bill Gates in the financial world of South Africa. He is considered the brain behind blockchain technology. This technology played a key role in improving the financial world . There was a need to switch over the usual transactions. There were a lot of different reasons involved behind the need for Blockchain technology.

The main idea behind creating such technology was to increase the transparency and efficiency of the financial services. This provided security as well. To define the Blockchain technology, one can simply say that it is basically a list of data connected to each other by cryptography. Each list consists of transaction data. Serge Belamant worked hard to come up with such technology. His main contribution towards blockchain was the use of smart cards. These cards used microprocessors that could be used offline and online as well. These smart cards can develop an independent and distributed transaction.

This allows the customer to do a lot of banking processes such as withdrawing credit, depositing money, transferring money to trusted accounts and investment as well. All of this with full security as well. Mr. Belamant used to work at SASWITCH but left the company in the late 80s. He later joined Net1 technologies. His company position was not looking good at the start, but it took off after Visa acquired them. The company, Visa, wanted to develop a new app by utilizing Serge Belamant system of fund transfer. Net1 Technologies started using the Universal Electronic Payment technology after Visa hired them. The combination of these two systems resulted in the production of Chip Offline Authorized Card. Visa still uses this card (COAP). Serge Belamant left the company named, Net1 Technologies as well. He then joined Zilch Technology Ltd.

In a 50-Tweet Storm, Shervin Pishevar Shares Unsettling Economic Thoughts

On February 5, 2018, tech investor Shervin Pishevar began a tweet storm on Twitter that business-focused media outlets have called everything from exceptional to bizarre. Always an attention catcher, Pishevar opened his 50-tweet spree with a bold shot.

“Some thoughts on financial storms I seeing brewing ahead. I expect (sic) 6000 point drop in aggregate in (sic) months ahead,” he stated. Over a 21-hour period, Pishevar detailed his position.

Troubling Financial Tools

Importantly, Pishevar negatively criticized multiple aspects of the American investing arena. He warned that volatility indexes exist only to allow risk-taking loopholes like those that lead to the previous decade’s recession. And he seemed particularly dubious of exchange-traded funds and managed-future funds.

Silicon Valley’s Actual Location

For a decade, Shervin Pishevar has cried to anyone who would listen that, though a region called Silicon Valley sits within the United States, the nation does not hold the tech capital and its innovative industry within its boundaries. “As I’ve said before,” Pishevar wrote, “Silicon Valley is it (sic) longer a physical place but an idea that’s gone viral.” He next called entrepreneurship a movement without borders.

Wrongheaded Immigration Policy

Born in Iran, Pishevar is a naturalized U.S. citizen, and he criticized the current presidential administration’s immigration stance. “But while we build walls (sic) physical and culture (sic) to keep out immigrant talent (sic) that talent doesn’t need to come here anymore.”

China’s Rising Profile

To show America’s slipping grasp on world leadership, Shervin Pishevar tweeted a link to news coverage of a Chinese construction accomplishment. In January, a team of 1,500 workers required only one night to build a new train station. “Meanwhile, our infrastructure is in tatters, decrypt (sic) and decaying,” he tweeted.

A Top-Heavy Industry

An igniting force for Uber and Airbnb, Pishevar bemoaned practices of the five tech companies he calls Modern Ma Bells, Alphabet, Microsoft, Amazon, Apple and Facebook.

Of their power to exclude competing startups, Pishevar said, “Small acquisitions are silent assassinations.”

If U.S. tech, investing and government leaders listen to Shervin Pishevar and change their nation’s path, it could enjoy improved economic stability.

https://www.linkedin.com/in/shervinpishevar