Tag Archives: BUSINESS

The Inventor Of The Blockchain Debit Card

How many of all the tech-savvy people in the world have heard of Serge Christian Pierre Belamant? Not too many. How many of the average people have heard of him? Even fewer. Serge Belamant successfully managed to stay in the shade of fame even though he is the person holding the patent to blockchain debit cards. Mr Belamant was born in France, lived in South-Africa during his youth, and is now based in the United Kingdom.Serge Belamant is the founder of Net1 Technologies and has invented a blockchain debit card. It is a so-called smart card, that uses distributed ledgers that work both online and offline. It is the only card technology in the business world that allows a card to be used without any communication to a centralized computer.

When used offline, the card transaction is recorded with an offline device that runs on battery. Net1 Technologies, being the company holding the patent, store all the transactions on a computer, acting a central database. Wherever EMV cards are accepted, the blockchain debit card is accepted too.The year 1995 is a significant year in the history of Net1 Technologies. Serge Belamant got an agreement with Visa to develop a new application for the card system, called Chip Offline Pre-authorised Card, abbreviated to COPAC. Because of this, Mr. Belamant was compared to Henry Ford by the famous journalist Stafford Thomas.The blockchain debit card is used worldwide by three million people but is, not surprisingly, growing fast.

As quickly as the company is moving, it will be able to buy back all the public shares within five years from now. It can be surprising to some that a company with such a fast growth is lead by someone with the academic background of Serge Belamant, who left his studies after two years. He was a student of engineering, before changing his course to computer science and mathematics. Mr. Belamant quit these subjects too and moved on to courses in information systems.Net1 Technologies signed important deals in African countries as well as Russia. The biggest achievement was perhaps entering the NASDAQ stock market in 2005. Serge Belamant was the Chairman and CEO of Net1 until 2017.

What Makes Organo Gold’s Coffee Exceptional from the typical Coffee?

The world coffee production in the year 2009 and 2010 came to about 125.2 million bags as per the statistics of National Coffee Association. This made coffee the second most consumed beverage all over the world after water. As a result of these numbers, a Canadian firm Organo Gold company makes use of these facts by offering multilevel marketing structure to those coffee sellers who want to promote their coffee. It is important to understand that Organo Gold does not use retail stores or coffeehouses to offer their products. What happens is that distributors come to purchase the products from the company and through their efforts; the distributors sell the products to earn a 50% commission.

The firm blends gourmet coffee beans Ganoderma lucidium which is a traditional Asian herb which is best known  to control cholesterol. The herb which is also known as reishi is known to contain antiviral qualities which make the Organo Gold coffee healthier than the typical coffee. Apart from the coffee, the company also produces Ganoderma blended green tea, Ganoderma-infused latte blend; Ganoderma blended hot chocolate as well as Ganoderma supplements. According Business for Home which is a multilevel marketing news website Organo Gold raised revenues of about $35 million worldwide in 2010 alone. This is after the sales of its products to the U.S, Netherlands, Germany, Austria, Peru, Philippines, Canada and Jamaica.

Organo Gold was founded in 2008 by Bernardo Chua who is a veteran when it comes to the network marketing industry. Mr. Chua together with co-founder Shane Morand works in harmony where Morand is in charge of the company’s direct selling boards. The firm works with a Scientific Advisory Board with Dr. Irma Prado as its chief medical consultant. Li Ye is the founder and heads the Organo Gold’s partner company. Dr. Li Xiaoyu is the one who certifies the organic ingredients that are put in the coffee. The firm has operational offices both in Canada and the United States.