How The Block Chain Smart Card Got Its Start In South Africa

Serge Belamant was born in France in 1953 and moved to South Africa when he was 14 years old. He attended the Witwatersrand University in 1972 and initially studied engineering before switching to computer science and applied mathematics. He discontinued his studied after 2 years and started taking courses in information system through UNISA.

With an interesting career path, Serge Belamant has a number of patents to his name. In 1989, after he completed the development and implemented the SASWITCH system, he conceptualized the first RSA POS system, which was based on a network of X.25 workstations that were interconnected. Due to the fact it was not implemented by the banks at that time, Serge Belamant chose to leave SASWITCH and established his own company. He founded Net1, in 1989.

In the first few years of its existence, Net1 tried to provide to various institutions, such as banks, its UEPS system. Through Net1, Serge Belamant owns the patents to a verification of a transactor’s identity system and a financial transaction with a varying PIN system. Visa entered into an agreement with Net1 in 1995 allowing Serge Belamant to design and also develop COPAC, a new Visa application – the Chip Offline Pre-Authorised Card uses FTS/UEPS technology.

The founder of Net1 is also responsible for developing the technology for the Blockchain Smart Card, Net1 being the only company with the technology that allows them to provide the lowest cost banking services for a specific demographic of unbanked and under-banked. Back in 2016, World Bank invested a total of $107 million into Net1, being the largest fintech investment that the bank ever made in order to help promote financial inclusion for the poor. World Bank recognized that it was the only technology with a proven track record that can work on a large scale.

The blockchain smart card offered by Net1 is on all UEPS cards, including the EPE (EasyPay Everywhere) account. The EPE cards work on a transactional account designed to serve the needs of the unbanked and under-banked population of South Africa. The accounts work online, on mobile devices, and with the EPE smart card.

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Betsy DeVos Is A Woman Who Is Trying To Help Fix The Educational System Of The U.S.A.

Most American children attend a specific school based on the zip code of where their home is located. This is the way it has been for many years, but this isn’t the way it always has to be according to Betsy DeVos. As the Secretary of Education for the U.S., she is interested in helping American families to have more educational options. The public school system is funded by the American taxpayer, but according to Mrs. DeVos, that system is failing the children of the nation. She has been working to pass more legislation that allows public funds to be used to pay for the tuition of kids who attend private or charter schools.

 

Betsy DeVos has always been a supporter of educational choice, which is a system that would help American families to be able to afford to send their kids to a school that they approve of. She was first motivated to help support the movement when her husband, Dick DeVos, and herself visited Potter’s House Christian School. The school has existed for more than three decades and continues to serve economically challenged families in the Grand Rapids, Michigan area. There, she met families who were working as hard as they could to barely be able to afford to pay the tuition of the school. The reason they were doing so was because the school was safe and it provided a good learning environment for their kids.

 

Betsy DeVos grew up in a wealthy family, and she ended up marrying a billionaire. She knew she could send her kids to any school she wanted, but it bothered her to her core that these nice families could not do the same. This inspired her to begin paying for the tuition of some of the children who went to Potter’s House Christian School. Today, she continues to support Potter’s House through large donations. On top of this, she donates large sums of her own money to other educational causes through the Dick & Betsy DeVos Foundation. It was recently revealed that close to a quarter of the money that the foundation doles out goes to charitable causes that benefit the educational sector.

 

Betsy DeVos has also put together a foundation that offers low-income families scholarships. These allow them to place their kid in any school they want. While she has been happy to help out this way, she realizes that the problem needs to be addressed on a larger scale. For this reason, she has been working to change the minds of the people in the United States and the laws that are keeping the educational system from advancing. In Florida, and many other states, huge steps have been made, and many kids are enjoying the new educational freedoms they have thanks to people like Betsy DeVos.

 

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Cloudwick for Data Lake Management, Advanced Analytics and Cybersecurity

CloudWick is a global company and a consulting partner for Amazon Web Services (AWS), managing 50000 big data clusters on AWS and working with companies in the Global 1000. They offer expertise in many big data solutions, especially focused on data lake services. A data lake is a container for big data that is able to store information from several sources and in multiple formats. An advantage of a data lake is that structured and unstructured data can be stored together. The flexibility of a data lake allows for deeper comparison and analysis of multiple streams of data. CloudWick offers a Data Lake Jumpstart program through AWS which allows clients to deploy and migrate into a data lake on AWS quickly and easily.

CloudWick also provides expertise in advanced data analysis. In combination with Amazon Sagemaker, the company helps clients access numerous machine learning models, exploring their data with deep analytics and replacing inefficient rule-based frameworks with flexible machine learning algorithms. They recognize that much of the modern market is driven by creative data exploration. By working with Cloudwick’s large team of data scientists, administrators and engineers, clients can save time and money as they explore, compare and predict using automated machine learning systems.

In 2017 the company unveiled a new security analytics product known as CDL which stands for Cyber Data Lake. Using the power and flexibility of the data lake, CDL can process 100 million events per second, discovering threats and offering protection from a host of security dangers, from basic malware and ransomware to botnets and advanced attacks.

Cloudwick is dedicated to cutting edge big data solutions coupled with the recognition that each client is unique. Their staff will work to determine the best data lake and machine learning approach for each individual customer. They will then provide skilled and professional service to implement and maintain the best solution. CloudWick can help transform the way their clients store, access and use their data, giving those clients a distinct advantage in a data-driven world.

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