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Tag: FINANCE

26 Dec 2018

The Technology Guru Serge Belamant  0

Serge Belamant is a bold entrepreneur and a pioneer in blockchain technology that he holds patents for. He is the co-founder of several companies such as Zilch Technologies Limited and Net1 UEPS Technologies. Alec Hogg, a renowned financial expert once referred Belamant as the Steve Jobs of South Africa. Belamant’s information technology and architecture expertise have seen him receive numerous awards such as the Analyst of the Year (1980) and System Analyst Award of the Year (1982). Serge Belamant is the inventor of blockchain technology that has a substantial impact on the financial sector. Many financial experts contend that the blockchain technology is the future of the banking and financial sector.

The technology enables financial institutions, governments, and individuals to conduct financial transactions faster and efficiently in a secure environment. About Serge Belamant is a French national born in Tulle France, his family relocated to South Africa when he was 14 years old. In South Africa, Serge Belamant attended the Highlands North High School and Witwatersrand University. At the university, Belamant was unsure of the career to pursue and changed courses thrice. He started with engineering, then computer science and applied mathematics, and finally settled for information systems. Unfortunately, Belamant did not finish college and entered the workforce aged 22. Surprisingly, this did not deter him from becoming a successful technology expert and making himself a name in the financial industry.

Throughout his successful career, Belamant has worked for many companies in different capacities. He worked for Matrix –a civil engineering firm- and Control Data – a company that specializes in computer manufacturing. In 1989, Serge Belamant quit formal employment to venture into entrepreneurship. He started Net1 UEPS Technologies in October 1989 that made history when it created the first blockchain debit cards. Based in Johannesburg, South Africa, Net has operations in Namibia, Botswana, and Mozambique. The blockchain debit card revolutionized banking because it is handy for offline use. It does not require an electrical connection and linkage to a central computer. Therefore, the technology is user-friendly, cost-effective, and timesaving. In 1995, Visa –a financial giant- contracted Net1 to design a new Visa application referred to as COPAC that employs the UEPS technology to allow offline usage.

 

11 Dec 2018

Paul Mampilly Says AI is the Stock to Watch  0

Paul Mampilly’s path to success that he paved for both himself and others is inspirational for motivated investors. He achieved great profits on Wall Street but was not limited to the stock market because of his vast talent. The research and information he provides through Profits Unlimited have 60,000 subscribers that he provides his expertise on investing too. True Momentum and Extreme Fortunes also share his financial knowledge, now he is pointing investors to artificial intelligence (AI) and what it means for the blue collar sector.

AI Stocks Expected to Rise Soon

The objective approach that Paul Mampilly takes to stock evaluation allows him to accept ideas and concepts that are scary to other people.Paul Mampilly says that he is seeing AI everywhere, even in ads on websites encouraging him to purchase items that he has performed searches for on Amazon. He expects AI stocks to increase over the next few years because the data it collects gives companies real-time insight into consumers.

Effective Communications

Publication subscribers are given help with investment decisions by doing intense research before recommending a stock. Mampilly’s appearance on national television gives guidance to those who do not get his investment newsletter. The 2018 stock predictions included companies generating new sources of energy and financial technology.

Blue Collar Jobs Impacted by AI

About Paul Mampilly success on Wall Street was extraordinary, now he is advising people to examine AI closer. Experts are comparing AI to the industrial revolution where people learned new skills and went to learn different jobs in factories. AI is expected to create more jobs instead of taking jobs, the difference is that production will be more advanced requiring more complex skills.

Average Investors’ Concerns

Paul Mampilly’s insight comes from his investment ability to understand what the average investor needs. He graduated from Fordham University in New York with an MBA in 1996 and has said that he might change his course if he had the chance to do it again. Mampilly believes college slowed down his learning the stock market.