For the past three decades we have seen an exponential increase in the size and scope of the information revolution. Massive amounts of data is being exchanged and our lives have been forever altered. The next big thing in the tech revolution is going to be Serge Belamant driven debit blockchain revolution. Serge Belamant and his company Net1, have developed new proprietary technology that combines the power of the blockchain with the convenience and ease of using your standard debit or credit card.
Net1 is poised to reap phenomenal gains from this growth. They are considered to be the leader in this new blockchain debit card tech from Serge Belamant. Indeed, they are poised to reap the benefits from massive free cash flows that they are able to leverage as being part financial company part tech company. If things continue at this pace, and the stock continues to be as undervalued as it is today the company will very likely be able to purchase all of their public shares far before the 2023 date. The sky is truly the limit for this new blockchain revolution.
Net1 and Serge Belamant have developed a proprietary system that reads blockchain driven cards on the go. The cards work with any reader that uses EMV/European Mastercard and Visa technology. Unlike traditional card reader/pos systems, the new blockchain debit cards use distributed ledger technology to read cards and verify transactions using the blockchain. This tech means that these cards can be used without an internet connection, central server, or any means of connection to the outside world.
The system runs on a battery, which means merchants will be able to process transactions anywhere in the world- even places that don’t have electricity readily available or a stable internet connection. At the end of the day, this technology is liable to change everything. While cryptocurrencies like bitcoin, ethereum, dogecoin and others may ebb and flow, we know the blockchain is here to stay. Big banks and wealthy corporations are investing in the blockchain and it will truly revolutionize how we do business as a global society.
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