Joe Fagan

Former Soccer Star, Now Soccer Fan

June 29, 2019

Serge Belamant: Developing The Blockchain Technology

Cryptocurrency trading first appeared in 2009, and it was believed that a certain Satoshi Nakamoto developed the system. In 2017, the value of cryptocurrencies soared to more than $800 billion, and it changed financial sector forever. Cryptocurrencies can be traded effectively without any traces of fraud – thanks to blockchain technology, but who really made this technology possible?

Serge Belamant is an entrepreneur who was born in France. He is credited to be the first man to develop blockchain technology. Despite the importance of his contribution to the field of technology, he does not receive the same recognition given to the creators of Facebook and Amazon. Blockchain technology is an encrypted ledger of records that includes a time stamp and the transaction data. The technology was developed decades ago to increase the transparency in the financial sector, and to protect the customers and institutions. The reason why Serge Belamant created the blockchain technology is because he found the systems used by other institutions to be aging, and he knew that the future would need a more reliable system that would protect the global financial data.

Serge Belamant holds the first patent for blockchain technology. Throughout his life as a programmer, he dedicated his time and effort in perfecting the technology. He initially worked with smart cards, and it contains microprocessors that function whether the user is online or offline. Many banks and other financial institutions invested in this technology and it helped secure the global financial industry.

Aside from the patent that was filed by Serge Belamant, there are other blockchain technologies that have been patented leading to the development of the more advanced blockchain technology that we know today.

Serge Belamant stated that creating the blockchain technology is not an easy feat, and he had to experiment if the system is working while still under development. Thanks to the funding he received from financial institutions, he was still able to continue despite the huge amount of time frame needed to perfect the technology. In the end, his experiments became a success and he was able to file a patent for the blockchain technology.

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June 24, 2019

Shervin Pishevar Tweets About His Success As A Predictor Of Financial Falls

The predictions of Shervin Pishevar during his epic 21-hour Twitter rant about a range of subjects affecting the financial sector have proven to be largely correct. Pishevar has been at the top of the financial sector and technology investing for a number of years and got in on the ground floor with Uber and Airbnb. During his 21-hour tweet storm, Pishevar gave the world a series of predictions regarding the future of Wall Street, Silicon Valley, and the technology sector around the world.

Shervin Pishevar began tweeting the success of his predictions in February 2018 when the stock market of the U.S. fell by over 1,000 points. The close confidant of President Obama and member of the J. William Fullbright Scholarship Fund made a series of predictions about the future of the stock market including his theory that a fall of between 5,000 and 6,000 points was just around the corner. In the end, the stock market did not fall as fas as initially expected but Pishevar stated he was vindicated by the fall he had seen.

Alongside his successful prediction regarding the stock market fall, the cryptocurrency markets should have been watching the Tweetstorm from Shervin Pishevar. The successful investor is known for the chances he is willing to take on startups, such as his early decisions to invest in Uber and Airbnb. In recent time, Pishevar has become closely linked to the work he has been completing on the Virgin Hyperloop rail service which will span the U.S. underground.

The burgeoning cryptocurrency markets have been the subject of a series of problems in the last decade with huge surges and damaging falls. Pishevar believes in the decision to invest in new markets from successful innovators such as his Hyperloop mentor, Elon Musk. One aspect of the technology sector which Shervin Pishevar believes in is Bitcoin where the investor believes huge gains will soon be made. As the use of cryptocurrencies grows around the world, the price of Bitcoin should stop being measured using the huge peaks and troughs of its early years.