Serge Belamant And His Impressive Tech Career

A lot of people are enjoying the convenience of Bitcoins and other cryptocurrencies. It is fast, secure, easy, and is easy to use once to get the hang of it. The blockchain technology is patented by the Republic of South Africa’s Serge Belamant, who was the of Net1, which is founded after he completed the development and implementation of the SASWITCH System.When he was 14, Serge Belamant moved from Tulle, France to South Africa where he attended the Highlands North High School and learned English. After that, he attended the Witwatersrand University to study engineering. He switched to study Computer Science and Applied Mathematics. However, during his third year, he decided to transfer to the University of South Africa (UNISA) and completed Information Systems. Changing schools is a hard time because his credits from Witwatersrand was not transferred to the University of South Africa. Because he does not want to repeat the subjects, he dropped the course and Serge started working when he was 22.

HIS CAREER

He joined the engineering firm Matrix after dropping school. During his stay there, Serge developed application to analyze dam levels in RSA. He was then assigned to the center of scientific and industrial research as the head of the computer section of Pretoria, Witwatersrand, and Vereeniging. He then accepted a job offer from Control Data to join the support team of Cybernet. He received the Analyst of the Year award in 1980 and 1982. He was also involved in firms like ESKOM, JCI, CSIR, and Palindaba. Serge involved in the VIB Network, Bancorp, and SASWITCH.

Serge Belamant and his patents

Serge Belamant’s earliest patent is the method and apparatus for controlling a gaming operation. It was filed last August 3, 1998, and was officially patented on May 22, 2001. His next patent involves the technology for secure financial transactions and the designation of it. He then patented his work for Verification of a Transactor’s identity in 2007. He is also involved in the work for Financial Transactions with a varying pin. The founding of Net1 Technologies is considered to be his important contribution . Net1 created the chip offline pre-authorized card or COPAC, which was integrated by Visa. This also made the Net1 Technologies listed in the Johannesburg Stock Exchange.

Shervin Pishevar tweets about the future of bitcoin and the economic growth in the United States

Shervin Pishevar is one of the people in the United States who has made significant contributions to the growth of some of the great innovations we see today. As an angel investor and venture capitalist, he nurtures startups that are based on brilliant ideas. One of the recent startups he has nurtured is Uber. In less than a decade after it was established, this company now ranks in the league of Unicorns. Pishevar has a knack for good ideas. However, in business, it is not all about luck; you need to be familiar with some of the things happening in your surroundings. No business can be run in a vacuum. Many external factors influence the performance of business ideas. The economic conditions in the country will determine how businesses established there would perform.

Before taking up any startup, Shervin Pishevar looks to all the factors that are likely to determine the success of an idea. In this process, he learns so much about the economy and the field of finance in general. Due to his long experience, he can tell when the time is right to invest and when it not. He recently tweeted saying how the US economy will dwindle in the near future. He said that all indicators point to a potential drop in the industry.

Shervin Pishevar expected the stock market to lose over 6,000 points. Such a move would erase the gains from the bull market of 2017. The bond market is already declining, another indicator of the challenges that the economy is currently grappling with. Shervin Pishevar believes that all the options being used by the Federal Reserve to deal with the challenges of economic development will likely not bear any fruits since they have been used many times and are no longer effective.

Shervin Pishevar has also given his opinion about the future of the bitcoin. He believes that it is a great idea to have digital currencies since it will, remove the bureaucracy that is involved in money transactions. Bitcoin will make money transaction frictionless. He thinks it will rise in value in the future but not before there is a sharp decline to the $2-5k range.

 

https://www.youtube.com/watch?v=hGhB1WzGROs