Crytocurrency that includes Bitcoin (BTC) and Ethereum (ETH) didn’t just happen. Like so many technologies, they were the result of decades of research and a number of new patents. Top Entrepreneur and businessman Dr. Serge Belamant was one of those laying the foundation that so many are using today in international digital transactions.
Born in France and spending his youth in South Africa, Serge Belamant understood from his father that hard work was required for success. He became a software and applications developer and used his father’s hard-work philosophy to create patented inventions, businesses and organizations. He established Net1 UEPS (Universal Electronic Payment Systems) Technologies and became a consultant with the company in 2017. Serge Belamant is also a co-founder of the company Zilch Technologies.
Serge Belamant’s name is synonymous with blockchain technology, the underlying system that allows cryptocurrency to work. In layman’s terms, it is this technology that makes governments and banks process transactions. It was created to improve security, transparency and accuracy in the financial sector. In these markets, the primary need is to verify the identity of those conducting transactions. Older systems suffered under human error and were slow. Serge Belamant created a verification system that did this and which also added another more security by allowing an independent entity to do the verification.
Serge Belamant’s inventions made global transactions, once a challenging prospect, easier. With the global financial industry totaling more than $100 trillion annually in business, new technology is vitally important.
Another of Serge Belamant’s contributions are the establishment of organizations that gave billions of people outside access to traditional banking an alternative to online buying. Now, they had purchasing power with online retailers, other people and institutions.
However, the most recognizable contribution Serge Belamant has made is in his “smart card” invention. He moved to the United States after Visa hired his company in 1995 to invent a new application that dramatically improved security. The Chip Offline Pre-authorized Card (COPAC) was invented and it remains a key element to stop misuse of credit, verification of personal identification numbers and eliminated fraud.
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In the past few years, cryptocurrencies like Bitcoin have become common and well recognised names. Instead of being on the fringe of online and technology communities, it was a word that was recognised by nearly anyone. One of the reasons that Bitcoin even came to be, however, is because of the work of Serge Belamant. Serge Belamant is the creator of blockchain, which is basically the driving force and most important part of Bitcoin and Bitcoin transactions.
Blockchain was originally invented for use in the financial sector to increase security when transactions began happening online rather than through wires or other, safer methods. Blockchain was basically a bundle of data that was a transaction record of every time a sum of money changed hands. This can increase efficiency and safety of money transfers. While it wasn’t specifically invented for Bitcoin, blockchain is an irrefutable cornerstone of it. Serge Belamant holds all the patents for these blockchain related processes and technologies, so the Bitcoin boom has obviously made incredibly successful.
Serge Belamant was not born into wealth and success, however, as he was born in France and moved to South Africa as a young boy – having to learn to speak English. Despite this setback, he quickly became a top student and graduated high school with awards in academics and sports. He was also successful at university, however, he dropped out before finishing his degree. He chose to enter the technology industry early and since he had the proven expertise in the field, it wasn’t a problem.
Belamant had an incredibly hard time, at first, convincing banks to use blockchain. It is unsurprising as banks are slow to change due to security risks. Once Serge’s company was hired by Visa though, the change had been made and blockchain became more successful. Following this success and many others, Serge now works at Zilch Technologies, which he created with his son. At this tech company, cryptocurrencies are further evaluated and made safer. These improvements often also transfer over to the more traditional finance and banking sectors: creating a truly beneficial relationship for all.
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Alex Hern is a great businessman that is expanding his reach to be all over the business world and help more than just starting companies. When Alex first started out working for himself, he made a choice to help baby companies get off the ground and stay off the ground. This was done because he mentored the owners he worked for so that they knew what they had to do and when he left that they had a team that would work hard for him.Tech expert Alex has been making companies that are getting off the ground prosperous and thriving for years.
In the meantime, though he has continued to study technology and watch virtual reality unfolds. At the point that it is now virtual reality world is perfect to take over the business so that almost everything can be done remotely and so that business travel expenses can be minimized. Alex is now going to companies all over the world that believe he can give them a leg up in technology for their company to save money and be more productive. To accomplish that Alex is showing off the better productivity and better communication service that can be achieved through VR goggles that are usually sold to video game nerds.
Sources of the article: https://gazetteday.com/2019/01/alex-hern-tomorrows-digital-workspace-strategies-today-2/
WAX is a renowned P2P that allows buyers and sellers to get involved in virtual assets trading efficiently. The WAX was as a result of the OPSkins launching it as their blockchain platform for virtual asset trading. With WAX, the fragmentation and fraud which are two enormous problems in the market for virtual assets are sorted. Now buyers and sellers can efficiently participate in the trading of virtual assets in-game virtual. WAX enables all the participants to tokenize their gaming where they can use the WAX token to effectively be a player in the market in case you have different cryptocurrencies.
There is increased the level of security with WAX since the cases of frauds are eradicated where the intermediaries are eliminated in the virtual asset industry. With this concern, the buyers and sellers can carry out their transactions without necessarily involving the third party. Payments are made in an instant so that all the participant can be able to access the services ta a decentralized platform.
However, Malcolm CasSelle is the president of Worldwide Asset eXchange (WAX) and the CIO of OPSkins. Before he became the president of WAX, he was the president of CTO where he managed properties by influencing the digital market. Mostly the entire career of the Malcolm CasSelle has been into the digital industry where he has led various companies. Also, lots of his contributions have been seen in big companies such as Facebook and Zynga.
Malcolm CasSelle is an entrepreneur that is gifted when it comes to executive duties and setting goals for an organization. Whatever he starts he ensures that it happens to completion as it was expected. His skills and degree he gained from MIT where he furthered it to master’s level from Stanford University where he excelled in computer science.
With more significant determination to see the best digital world he is doing well in the WAX as the president where all sellers and buyers can carry their transactions effectively and efficiently without intermediaries. The WAX platforms enable lots of traders to participate in the virtual assets trading where all services are decentralized.