Paul Mampilly Explains How Blockchain Might Make Identity Theft A Thing Of The Past


Blockchain technology is mostly associated with cryptocurrencies in most people’s minds who know about it. However, it might just someday be known for putting a stop to identity theft. That’s the opinion of stock picker and financial analyst Paul Mampilly. He sees this technology as ideal for making sure people are who they say they are.

Up until now, when people need a government-issued document they have to go through an onerous process. To get your driver’s license renewed, for instance, you will probably have to sit in an uncomfortable plastic chair for half the day. This is also true of trying to get social security cards, birth certificates, passports, and so on.

There’s a better way of proving who you are, Paul Mampilly has said. Using blockchain, people could have instant access to information about themselves such as proof of their address, proof of identification, and so on. Blockchain technology can be used to give people access to this information in a very secure way that cyberthieves can’t get at.

Check out ideamensch .com to read full interview of Paul Mampilly.

Nobody knows who invented blockchain by they go by the name Satoshi Nakamoto. This person wanted to create a digital currency that people could use to make payments online instead of with a credit or debit card. It’s the technology behind bitcoin and other digital currencies. Paul Mampilly thinks that blockchain will last longer than cryptocurrencies will because it’s more useful out in the real world.

The genius of blockchain is that people need a code to access your information. However, that information isn’t stored in a centralized location where it’s hackable. Instead, it’s spread out to hundreds, even thousands, of computers around the world in small chunks. The code that makes up blockchain is ever-changing and highly complex, making it ideal for preventing hacking.

Paul Mampilly says that blockchain can be used to provide instant access to a person’s information while being secure. This technology could eliminate carrying around driver’s licenses and other identity documents. It can even eliminate the need to carry around debit and credit cards making carrying around a wallet a thing of the past.


Why Shervin Pishevar Conducted His Tweet Storm


As one of the world’s best-known venture capitalists, entrepreneurs, and businessmen, Shervin Pishevar has plenty to keep him busy each day. Yet despite this, he regularly takes to Twitter to express opinions on matters he deems important to the world economy. Thus, to those who follow him, it was no surprise when he began expressing opinions on such aspects of the economy as stock markets, virtual currencies, and technology. However, what did surprise most people was the fact he spent nearly 21 hours discussing these topics, as well as making many surprising predictions along the way.

Keeping his Twitter followers on the edges of their seats throughout the tweet storm, Shervin Pishevar began by predicting precious metals would play a big part in the portfolios of many investors in the months ahead. Predicting stock values would decrease by well over 6,000 points, he urged investors to trust in gold and other metals as a way to maintain portfolio values. Believing volatile bond markets would lead to the crisis, he predicted it would take many months or even more than a year for the market to recover.

After this startling prediction, Shervin Pishevar next gave his thoughts and predictions about technology and Silicon Valley. While he has great respect for many Silicon Valley companies, he also predicted a steady decline would occur in Silicon Valley over the coming year. Citing China as one nation that has surpassed Silicon Valley in research, business strategy, and employing the most talented individuals in the IT industry, he predicted Silicon Valley has many tough years ahead.

Once finished discussing his predictions about Silicon Valley, Shervin Pishevar neared the end of his tweet storm by making many interesting predictions about Bitcoin and other virtual currencies. Just as he predicted stocks would lose significant value, he did the same for virtual currencies. But unlike stocks that he predicted would take months to recover, Shervin Pishevar predicted Bitcoin would bounce back with a vengeance, increasing in value much quicker than stocks. In fact, he predicted investors who turned to virtual currencies would see tremendous returns on their investments.

Dallas Woman’s Foundation 32nd Annual Event and Financial Bank in Dallas


NexBank Finance Background and Company Values


NexBank is a Dallas-based financial company that issues their financial services within three main branches. Commercial, institutional and mortgage banking. NexBank managed 6.4 billion in assets according to June 2017 reports by NexBank serves large corporations, real estate investors as well as middle-market companies. NexBank is a member of FDIC. The Federal Deposit Insurance Corporation is a federal agency that works independently to secure deposits in case of a bank failure. The Federal Deposit Insurance Corporation was initiated during 1933 in order to encourage financial stability.


The motto of NexBank follows three main areas of business. The three areas NexBank specializes in are execution, flexibility and enterprise. Execution is significant in the business of finance as a result of the trust and reputation built between partners. It is highly important to execute a plan promptly and in accordance with the rest of the company. If the leader and CEO of a company does not consult with the rest of the staff, the team will feel excluded and the plan will not run smoothly as a result of tension and friction within the company.


The second motto of NexBank is flexibility. Flexibility is crucial to the success of a company. Situations are constantly changing and updates are always being made in the financial industry. Flexibility allows a company to accommodate their clients and other industry leaders. As a result of a flexible mentality, there is more room for collaboration. The final motto of NexBank is enterprise. Enterprise is significant as a result of the efforts needed to accomplish a respected task such as business in the financial industry.


Dallas Woman’s 32nd Annual Luncheon Event


Dallas Woman’s Foundation is a unified organization for woman’s participation economically, politically and socially in society. They advocate for woman’s rights. NexBank Capital has supported their 32nd event. They have pledged support to the Dallas organization. NexBank has donated to the foundation. This donated will assist the foundation in furthering their message.