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    Joe Fagan

    Former Soccer Star, Now Soccer Fan

    June 30, 2019

    Mauricio Mendonca Godoy Announces Changes On The Dates Completion Of The P-74 Oil Project

    During the construction of the P-74 oil facility in Rio de Janeiro, the president of Estaleiros do Brasil, Maurício Mendonça Godoy announced the change of terms completion. added that the project is under development at a good pace and on its final stages; thus, the extension period is not too long. The project was scheduled to end on December 2015 but later announced that the contract would further be extended to mid-2016. Petrobras was to commission the project while Estaleiros do Brasil group scheduled to finalize the facility on its final stages of completion.

    The yard comprised of more than and was expected to increase up to three thousand in the next phase of the construction. On the other hand, Maurício Mendonça Godoy mentioned about the San Jose do Norte shipyard, which was also under construction and at a good pace. However, he said that the shipyard had consumed its resources of more than R$400 million but in need of more than R$280 million also. The had promised to loan the amount by failed to deliver.

    Maurício Mendonça Godoy addressed these issues during a meeting at Piratini Palace while with Governor Jose Ivo Sartori and secretary of Development, Science and Technology, Fabio Branco. According to Fabio Branco, the government would assist with the agreement between Estaleiros do Brasil and Merchant Marine Fund for the money to reach the shipyard. More so, the financing had already been approved, but the union remained hesitant in releasing the funds. Another issue rose was on licensing where the Gaucho Executive had to assist in obtaining an operational license from the .

    Maurício Mendonça Godoy is the chief executive officer of Estaleiros does Brasil since January 2015. Before joining Estaleiros do Brasil, he served as the CEO of Toyo Setal Empreendimentos between June 2012 and January 2015; and taking a similar role at SOG Oil & Gas from April 2010 to July 2013. He also worked as the at SOG Systems in Oil and Gas for one year and nine months. He attended Harvard Business School and later pursued mechanical engineering at Mackenzie Presbyterian University.

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    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 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 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.

    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 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 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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