JHSF Participações S.A is a Brazilian company specializing in real estate. The company deals in high end residential and commercial developments, shopping malls, hotels and resorts as well as an international airport. The company was established in 1972 and has expanded since them from being merely construction and development of real estate to the hospitality and retail industry.

Beginning with the Cidade Jardim the brainchild of the current CEO Jose Auriemo the company has grown into the high-end retail industry with other shopping malls like Metro Tucuruvi and Bella Vista. JHSF Participações S.A penned deals with various high-end products designers from around the world including Jimmy Choo, Valentino, Gucci, Chanel, Hermes, Louis Vuitton among others. The Cidade Jardim the best-known shopping mall in the company ’s portfolio has designers outlets as well as spas, food court, and movie theaters.

In 2007 JHSF Participações S.A the company acquired the Fasano Hotels which expanded their portfolio further. Today the Fasano Hotels and restaurants include the Fasano Hotel Rio de Janeiro located on the Paneimo beach, Punta Del Este in Uruguay, Hotel Fasano Boa Vista which is on the Fasano Boa Vista Ranch along with Hotel Angra dos Vista. The Hotel Boa Vista is located outside Sao Paulo and provides city dwellers with a tranquil environment where they can relax away from the hustle and bustle of city life. It was designed by Isay Weinfeld and provides a beautiful view of one the lakes on the Boa Vista Ranch.

The successful company went into the airport business in 2012 launching the Catarina Executive Airport in Sao Paulo project. The JHSF Participações S.A airport was designed for Business travel and was expected to operate 24 hours beginning in 2016. The development project used local labor in order to provide employment to people in Sao Paulo.

About Jose Auriemo

Jose Auriemo is the CEO of JHSF Participações S.A where he started working when he was still a teenager. It was He that came up with the JHSF Participações S.A management company Parkbem. He attended the Fundação Armando Alvares Penteado University. He is married with two children and enjoys playing golf.

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Serge Belamant is a pioneer of the first blockchain smart card. He founded Net1 Technologies a few decades back and the financial tech company developed the smart card that is now being used by over 3 million people around the world. UEPS has used blockchain technology to lower banking costs in the world. The Net1 Technologies management estimates to achieve $2.5 EPS by 2020.

The power of blockchain technology

The blockchain technology was at first thought out as a backbone of a network of the internet kind. Serge Belamant and Net1 Technologies leveraged on the technology to earn significant cash flows. At this pace, it will buyback all existing public shares before the year 2023, provided the stocks stays undervalued.

The technology behind the first blockchain debit card

Serge Belamant patented the blockchain technology that was used to develop the smart card that is used as a debit card among other uses. The card works with Europay MasterCard Visa and it is accepted wherever the EMV is accepted. The blockchain debit card is designed using distributed ledgers that can work both offline and online. When it works offline, it works without a connection between it and a centralized computer.

How it works

UEPS smart cards are designed in a way that they can validate, encrypt, create an audit record, decrypt as well as authorize transactions without the help of a centralized computer. The card does not need an electric source. The Point of Sale Device (POS) is the only device that will need a battery. The UEPS smart cards works as a full-fledged bank account reducing banking infrastructure costs significantly.

The smart cards record transactions offline without any communication or connection to a POS device or a centralized computer. Afterward, the smart card will update a centralized system with the transactions made offline when the card has been used to transact with a POS or a centralized computer. The financial tech company will then come and confirm all the transactions as well as store them on a centralized database. Without getting much into tech details, that is the ‘magic’ Serge Belamant has introduced to the banking world.

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