When discussing the revolutionary changes facing our society with regard to technology, we are living in another golden era of new tech development and adoption. During the past few decades, the information technology revolution did a great deal to connect the world and change the way we live and do business. The next great leap forward in internet technology is the blockchain. This form of tech was most popularized in the media in relation to things like bitcoin, ethereum, and other similar cryptocurrencies- however there are many other uses of blockchain tech that have gone unnoticed by most people in society- Serge Belamant and Net1 have developed tech that changes the way we do transactions- forever.
Their technology, which is patented, uses the blockchain instead of a central processing server to process and verify digital transactions. Unlike other POS systems, there does not need to be a connection to a main server, nor does the POS system even have to use a plug in power source- it can run entirely on a battery. Serge Belamant was one of the founders of bitcoin technology, and this tech is above board.
Their application includes the proof that this company will likely be able to earn heavy free cash flows once their tech is deployed in the financial industry. Serge Belamant and Net1 are likely to be able to buyback the remaining shares on the open market well before the projected 2023 finalization date. This means that currently the stock is under market value, which has the potential to allow it to grow into a major fintech operation.
Serge Belamant understands that this technology is going to change the world forever. No longer will digital payments be restricted to places that have a solid internet connection on top of power they can be processed anytime, anywhere in the world. Blockchain technology is incredibly versatile, and does not have to be used just in cryptocurrency uses- there are many different ways that this technology can be deployed, and Net1 is on the forefront of that serious deployment and will influence the industry for years to come.
About Serge Belamant: bhekisisa.org/tag/serge-belamant