Serge Belamant’s Contribution to Information Technology

Serge Belamant has taken initiatives to patent most of his inventions. The inventor of the first incarnation of blockchain technologies has many inventions behind his name for which he has sought patent approvals. Some of the patents have been successful while others are awaiting approvals.

The blockchain technology started way back in the 1980s as a kind of internet. During its early stages, the technology didn’t receive much recognition until it started powering cryptocurrencies. When cryptocurrencies started growing, Mr. Serge Belamant grasped the opportunity and founded Net1 Technologies. Net1 Technologies was the creator of the very first blockchain debit card. Serge Belamant is also the founder of another tech company, Zilch Technology Limited.

Currently, the blockchain debit card UEPS is used by over 3 million people and still the number is increasing tremendously. The creation of this technology reduced banking costs thus gaining popularity among its users. The blockchain technology is patented by Serge Belamant.

The blockchain debit card is embedded with the blockchain technology that is compatible with EMV technology. The blockchain debit cards are acceptable wherever EMV smart cards are used. Belamant’s Net1 Technologies is the first company to develop smart cards capable of using distributed ledgers which can work offline and without relying on a central computer system.

The beauty of UEPS is their ability to work both online and offline. If one makes offline debit card transactions, the transactions are basically stored in the card. These transactions are the later updated to the central system when the card transacts with POS device or a centralized ATM. Later on, Net1 Technologies will confirm all these transactions and store it in its central database in the mainframe computer.

Other inventions for which Serge has sought patents for is the Financial Transactions with Varying Pin technology, Verification of a Transactor’s Identity and the Designation of Electronic Financial Transactions.

The Financial Transactions with Varying Pin creates pins for all transactions conducted via ATMS. It also generates points of sale for precise identification of biometric information. On the other hand, Verification of a Transactor’s Identity is a system that manages financial dealings between the transactor and the Transactee. The system essentially verifies the financial accounts and the organizations for the transactor through an identifier input property.

About Serge Belamant

Serge came to be in 1953 in Tulle, France. At the age of 14 years, his parents migrated to the South Africa. He went to Highlands North High School. After high school, Serge joined Witwatersrand University pursuing Engineering. However, he later changed his course to study Computer Science which he didn’t complete either? He dropped out of school and was employed by one engineering firm, Matrix.

Mr. Serge later worked in different firms to gain the requisite experience in information systems. He later moved to Washington D.C where he enrolled for linear and non-linear programming. Through his skills, he helped the military in operating the COBRA system. There were many sanctions against the military which forced Mr. Belamant to switch to SASWITCH, becoming its head of IT division.

Fortress Investment Group Brings New Offerings In Credit

Fortress Investment Group is always coming up with new ways to offer their clients what they need. One of their latest offerings includes a fund for direct lending that will offer private credit. There will also be significant expansions in funds that invest in aircraft leases, asset debt, and intellectual property. It is expected that in October the fund will close for $2 billion. $400 million has been raised so far for their fund that focuses on intellectual property and patents.

There is a healthy private credit market today and Fortress Investment Group is enjoying the many benefits that this is bringing to their company and clients. Private credit produces a higher yield when lending to small or medium-sized businesses. Private credit is becoming so popular that many businesses are starting to use it instead of more traditional options. Learn more about Fortress Investment Group at Bloomberg.

SoftBank owns Fortress Investment Group and they believe that it was a good investment that has already been showing a lot of promise for both of the businesses. Before the company was purchased, they had been trading publicly and wanted the opportunity to once again go private. In the 20 years since they were founded in 1998, they have built a very solid reputation around the world. It was founded by Wesley Edens in New York alongside Rob Kauffman and Randal Nardone.

Companies with great reputations have partnered up with Fortress Investment Group in order to help them meet their financial goals strategically. The platform that they use is high-tech and they are committed to innovation and success. For the team at Fortress, it’s not just about making money. The whole team enjoys being able to help these businesses grow and be successful in their industries.

Fortress prides themselves when they are able to help their clients realize their full potential and grow in their field. They may be owned by SoftBank, but they still operate largely independently and have a business model with an impressive amount of diversity. They have been able to show a good amount of profits and SoftBank believes that Fortress Investment Group will be able to maintain this success.

Read the article: https://www.wsj.com/articles/softbank-nears-deal-to-buy-fortress-investment-group-for-more-than-3-billion-1487112978

 

Paul Mampilly: Leaving Wall Street to Serve the People

The Banyan Hill Publishing Company is home to some of the most influential business writers in America today. One of them, Paul Mampilly, managed to expand Paul Mampilly’s reader base, and he is now followed by more than 90,000 readers who loved his piece about business and investment. Paul Mampilly currently serves as a senior writer for the company, and he keeps on sharing his knowledge in investing to his readers. One of the most popular newsletters written by Paul Mampilly, entitled “Profits Unlimited,” has been a top seller for the company. The newsletter was introduced to the public two years ago, and since then, it has become a regular newsletter published by the company. Readers who have been following the Banyan Hill Publishing Company stated that newsletters like “Profits Unlimited” contributed new knowledge in the field of business and finance, and they are reading it as a guide for their plans to establish their own companies or work at the stock market. Many people who were once having financial management issues saw answers by reading the newsletter, and they were able to create an effective strategy on how they can spend their money wisely. “Profits Unlimited” resulted in the rising number of financially literate Americans, and the author of the newsletter felt happy that the people took his advice and went on to solve their financial issues.

Paul Mampilly has been in the business and finance industry for decades. Before he joined the Banyan Hill Publishing Company, he used to be a hedge fund and investment manager. Many traders and investors know him because of his ability to transform a small amount of investment into a multi-million dollar wealth in just a blink of an eye. One of the hedge funds that Mampilly managed has its value jumped from $6 billion to $25 billion, and it happened during the economic recession of 2008. This feat made his name popular in the industry, and he started to gain more clients because of his skills.

After his stint of helping the rich become wealthier, he decided to leave Wall Street and focused on writing articles that would help a lot of Americans gain more wealth.

Paul Mampilly’s : Facebook Page

Fortress Investment Group – On the Move with a Wide Range of Investment Services

Four decades ago, Softbank formed and has provided major software services ever since. The company’s goal has always been to achieve worldwide success. The company continues to make the news with its acquisition of Fortress Investment. Fortress is a leading firm for managing corporate investments. While the $3.3 billion-dollar investment is major, it will not change the way Fortress Investment operates.

Softbank will take a hands-off approach and let Fortress Investment Group. While Softbank, a Japanese company, is not a bank, it positions itself to be a major financial force by acquiring Fortress Investment Group. In this case, a major tech conglomerate purchased a major asset manager company. Fortress Investment Group has over $41 billion in assets, and has nearly 1800 clients and private investors around the world.

Fortress investments are asset-based. As such, the company has a great deal of experience investing in a diverse group of assets. Their expertise is in the area of financing, investing, owning, and managing capital and real estate assets. Fortress also manages assets connected to long-term cash flows.

Fortress Investment takes the time to understand the industries it invests in. The company operates a strong team of professionals with a wide range of experience in their investment sectors. They draw their experience from having worked at a wide range of leading companies and institutions around the world.

The company’s private equity team applies a very active, hand-on approach in markets. Fortress Investment Group provides services a complete range of industries. Many of their most significant investments are in financial services, infrastructure, energy, healthcare, and transportation.

The company also offers financial services for gaming, power generation equipment, and renewable electricity procedures. Fortress invests in North America, Western Europe, and the Caribbean. Fortress Investment Group is on the move and will likely remain an industry leader for years to come. SoftBank Group Completes Acquisition of Fortress Investment Group

LinkedIn :  https://www.linkedin.com/company/fortress-investment-group

Paul Mampilly and the Future of Investing

For years Wall Street has been an exclusive club that is hesitant to let others know their secrets. This has been changing recently with major players in the investment world like Paul Mampilly bringing their knowledge to the masses through newsletters such as his Profits Unlimited. Many investors who have made it big on Wall Street aren’t wanting to work for corporations anymore they’re wanting to help every day people achieve their financial goals.

Paul Mampilly started his career in 1991 at Banker’s Trust as a portfolio manager and his responsibilities kept growing as the results he was achieving were noticed. After leaving Banker’s Trust, he held positions at ING, Sears, the Royal Bank of Scotland, and Deutsche Bank. At these businesses he was managing large accounts worth millions of dollars in assets.

To this day, large corporations still seek Paul Mampilly for his advice but he has changed careers to help Americans achieve financial independence through his investment advice. After taking a position at Banyan Hill Publishing, he is able to share his knowledge with the over 90,000 people that have signed up for his newsletter Profits Unlimited.

Every month Paul Mampilly publishes his 8-page newsletter that features a new investment that he has personally researched diligently. He wants to help Main Street Americans choose the correct stocks to purchase when they read his advice. Since he retired at the age of 42 and joined Banyan Hill in 2016, some of his readers have already reported making thousands in profits from their investments guided by Mampilly.

Investment possibilities are opening up more than they ever have with the introduction of new technologies. With people being able to access the internet with everything from their smartphones to refrigerators communication has never been easier. Paul Mampilly is watching how the investing has been changing as more and more data is being collected and analyzed in order to make good investment decisions. He believes that the companies that are producing the technology such as sensors, as well as the ones analyzing and storing data, will see tremendous growth in the near future.

Here’s How Fortress Investment Group Got Big

Over half of all United States residents save up money they earn through working and convert them into assets that are likely to appreciate – increase in value over time – in coming years; such assets include financial instruments like stocks and options, commodities like corn and wheat, private real estate buys, and even cryptocurrencies like Bitcoin and Ethereum.

Most people trust their assets in the hands of local financial advisors, portfolio managers, and other “money guys” – for lack of a better name. While these options are almost certain to leave one’s assets in safe hands, alternative wealth management is another type of financial services company that grosses greater returns than the “money guys” – and gals – mentioned above. Many corporations and private investors alike trust Fortress Investment Group.

Fortress Investment Group is an alternative investment management firm operated out of New York City, New York. It had just short of 41 billion United States Dollars’ worth of assets under its umbrella of portfolio management at the close of the first quarter of this year. Fortress has established itself as being one of the best private equity firms in the entirety of the United States.

The organization currently does business with roughly 1,500 clients; most of these 1,500 clients are, in fact, institutional investors, whereas the rest are private, personal, individual investors.

Who’s at the top of Fortress Investment Group?

When the business was created in 1998, Wes Edens – also known to many as the partial owner of the National Basketball Association’s Milwaukee Bucks franchise – Randal Nardone and Ron Kauffman were the three principals of the organization. In 2012, Kauffman stepped down from his spot as principal and was replaced by an Ivy League college – two college within the Ivy League, actually, for an undergraduate and a graduate degree – graduate and former executive at Goldman & Sachs.

That man’s name is Peter Briger, sometimes stylized as Peter L. Briger, Jr. Mr. Briger is today the Co-Chief Executive Officer along with Wes Edens, whereas Mr. Nardone remains among the corporate ladder as a principal of.Fortress Investment Group.

To Learn More Click Here