The blockchain is set to change the game in a major way. The early 1990s was a time of heady optimism in relation to the tech industry and how new technology would change our lives forever, for the better. These days giants like Google and Amazon dominate the tech landscape, and our lives are heavily run by the fact that we use these digital devices every day. There is a new revolution coming, driven by Net1 and Serge Belamant- and this revolution involves debit cards, blockchain transactions and a brand new way of doing business.
The people at Net1 and Serge Belamant have developed a new form of blockchain debit technology that is set to allow the company to generate massive and ongoing free cash revenue flows in the financial and tech industries. The stock is currently considered by many in the know to be tremendously undervalued, and if things continue on this same track it is very likely that the company’s free cash flow generation will play a pivotal role in allowing the company to buy back all of the remaining shares on the market sometime before 2023. The growth potential for this stock is particularly massive due to the patented and proprietary nature of their product.
The main thing that makes the technology behind Serge Belamant and Net1’s company so revolutionary is the simple fact that it uses the power of DLT or distributed ledger technology to process debit and credit transactions without the use of a computer or plug in power. This is huge, because current debit and credit systems require users to connect to that server to verify transactions. Serge Belamant and his blockchain tech allow users to verify those same transactions just using a small POS card reader and nothing else.
Serge Belamant and Net1 are very likely to be the next rising star in the blockchain industry, a field that has its share of luminaries, but very few that have the potential to be as game changing as the blockchain technology that underpins this tech. The future is incredibly bright for blockchain, and DLP technology is going to take over the world.
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