Tag Archives: Technology

Home / Technology
2 Posts

Serge Belamant is the CEO and founder of Net1 Technologies. Net1 is a blockchain debit card company which created a patented for of a blockchain technology on a plastic smart card. This plastic smart card can act as a debit card, credit card, and has the capability of being used in different ways. This smart card is compatible with MasterCard Visa which can be utilized wherever MasterCard Visa is accepted. This card can also be used online. The technology for this card allows it to be used offline and online since it doesn’t require communication with a centralized computer.

The name of these smart cards are UEPS.In 1989 Serge Belamant created the the new SASWITCH system and then decided to leave his job so he could open up his own company. In the same year of 1989 in the month of October, Serge Belamant founded NET1. Serge Belamant began to deliver his UEPS system services to various banks for a few years. He achieved great success through his hard work and patented technology. He was born in Tulle, France in 1953. He lived there until the age of fourteen. During the time he was fourteen years old his family and him moved to South Africa. During his teenage years in high school Serge excelled in sports and academics. After high school he attended Witwatersrand University.

For the first year he was studying engineering but then changed his major to computer science and applied mathematics during his second year of college. Engineering was not a good fit for him. He found his true passion in computer science and mathematics. During his third year of college he took courses in information systems. He never completed his degree from college but was able to get a job for an engineering company Matrix. Serge worked mostly on IBM computers. He worked hard and was able to get his foot in the door and learn more about computers and the banking system. He also had networking resources and is very knowledgeable of computer science. As time went on he gained more knowledge and experience which paid off in the end.

Shervin Pishevar is unknown to most Americans outside of the elite tech scene. However, to those around the San Francisco Bay area, Shervin Pishevar is something of a living legend. The serial entrepreneur has been a key figure behind some of the biggest names in tech. He was an early investor in Uber and Airbnb. He is also the founder and CEO of An investing firm, one of the most important tech-focused venture capital firms in America.

Recently, Shervin Pishevar took to Twitter in a thought-provoking series of tweets on everything from the economy to the future of Silicon Valley. One of the themes of his tweets is the current overvaluation of U.S. stocks. Shervin Pishevar believes that, contrary to statements from the Federal Reserve, inflation has been rampant since 2009. Rather than being reflected in the CPI, the majority of inflation has occurred in assets, specifically, in equities.

Shervin Pishevar believes that this has led to a dramatically overinflated stock market. With current Shiller P/E ratios hovering around near-record highs of 33, stocks are objectively overvalued by any historic measure. Pishevar believes that this is a direct consequence of the extremely cheap money brought about by the Federal Reserve’s zero interest rate policy as well as its deliberate suppression of bond yields through its quantitative easing programs.

Pishevar foresees a 6,000-point drop in the Dow Jones Industrial Average throughout the coming months, a crash that would seriously shake the country. Pishevar sees interest rates as having nowhere to go but up. This will cause a dramatic decline in the amount of money currently invested by corporations, who have largely spent the last decade using cheap or free money to buy back their own shares. If corporations are suddenly forced to liquidate their stock holdings due to the cheap-money pool drying up, Pishevar’s vision of a dramatic decline in equity values is almost certain to become a reality.

Pishevar is also highly skeptical of the Trump Administration’s tax cuts. He sees big trouble ahead if significant revenues are not raised elsewhere and government deficits continue unabated. This, he says, could potentially lead to dangerous overreactions by the Fed, risking hyperinflation.

https://www.huffingtonpost.com/author/shervin-pishevar