Tokenizing Satowallet An Interview With Samuel Benedict, CEO Satowallet.

Satowallet multi-asset wallet and exchange has been on the news lately with numerous partnerships with Tron, Changelly, Bytecoin and Digibyte just to name a few.

we had an interesting interview with the CEO of Satowallet, Samuel Benedict where he talked about shared some amazing business secrets and SatoShares.

Here is the excerpts of the interview

if we cryptocurrencies must attract institutional investors, two big problems we must solve are volatility and scalability.  I think these two are the biggest threat we have currently”

Q; Can you please introduce yourself to us? Who is Samuel Benedict?

Q; Can you please introduce yourself to us? Who is Samuel Benedict?

A: Samuel Benedict is an entrepreneur,  developer and the CEO of satowallet, I have a burning passion to solve problems that makes business easier and convenient.

Q: How did you first discover bitcoin and what convinced you to start a career In this space?

A: I think my love for fintech started after I took some courses on blockchain technology, I discovered how it could radically transform business and how people transfer value within themselves in a short time with a lesser fee, that was the eureka point for me. I knew something could be created out of that to help people around the world transfer value, that was how we satowallet was created, to be able to help our users and to help them protect their assets.

Q: You are the CEO of Satowallet, how has the blockchain and cryptocurrency business terrain been like generally?

A: Business has been good so far, there are a lot to be done and we are working to constantly push to standards. In the fintech space today, we have to deal with regulations, thefts, fake ICOs and some many, but as long as you have a real use case that creates value then you are in business.

one of the biggest mentor I have so far in this industry is CZ and the Binanace team, I have really followed them up close and I love what he does and how he has been able to spearhead so many changes in a short period of time”.

Q: For cryptocurrencies to go mainstream, what are the critical problems that must be solved?

A: if we cryptocurrencies must attract institutional investors, two big problems we must solve are volatility and scalability.  I think these two are the biggest threat we have currently.

Q; you recently announced tokenizing your company Satowallet Can you tell more about that (satoshares)?

A: SATOS is our way of sharing our growth and profit with our users in a bid to build the largest robust Multi-Asset exchange that will power the next generation of financial transaction and trade. Among several benefits of Satowallet Shares SATOS is the entitlement to receive 40% dividend in bitcoin monthly. SATOS which will become a major base market for all asset listed on Satowallet Exchange, SATOS can be traded like every other blockchain asset, and would obey the law of demand and supply thereby causing price increase with only a limited supply of 10,000,000 and a large community of ready buyers.

“I personally believe that knowledge is not perfected until it is defected, Blockchain technology will revolutionize Africa and we are taking steps to bring this knowledge to the people.

Q: What inspired this business model and what will investors gain in buying satoshares?

A: one of the biggest mentor I have so far in this industry is CZ and the  Binanace team, I have really followed them up close and I love what he does and how he has been able to spearhead so many changes in a short period of time. Like I said earlier SATOS is our way of sharing our growth and profit with our users in a bid to build the largest robust Multi-Asset exchange that will power the next generation of financial transaction and trade. Among several benefits of Satowallet Shares SATOS is the entitlement to receive 40% dividend in bitcoin monthly. We want our users to profit from our growth directly.

“we want to empower over 10,000 start-ups and individuals to create innovative business that will change the globe through blockchain.

 

Q: You are also the current director of the biggest Blockchain Hubs In Africa Blockchain Tech Hub what opportunities will this platform create for Blockchain Startups and Developers in Africa at large

A: well I personally believe that knowledge is not perfected until it is defected, Blockchain technology will revolutionize Africa and we are taking steps to bring this knowledge to the people. We are working hand in hand with some top organizations to help African and Africans take advantage of this opportunities, hence the need for the blockchain tech hub, we want to empower over 10,000 start-ups and individuals to create innovative business that will change the globe through blockchain.

Q: Satowallet recently celebrated 1 billion naira in transaction, such feats are not easy to accomplish, and how were you able to drive value for your company?

A: driving value is as simple as creating services that people can’t get anywhere; make it affordable and accessible. We recently launched the USSD offline transaction model for satowallet and people are amazed by it. With this simple model we were able to get access to the over 3 billion persons who currently don’t have access to the internet, so creating value, we research and give people the best of services thereby creating value.

Related:Satowallet To Launch USSD Offline Transaction, Welcomes Two New Team Member

Q: What are the future plans for satowallet are there upcoming events from satowallet that people should look out for in the nearest future?

A:yes , we are planning so much more, we will unveil them as the time comes, just keep it locked in on satowallet guys!!

Q; With your level of success and exposure so far in this space, what do you think are the challenges that will make incoming cryptopreneurs and new start-up founders in the space will face to succeed ?

A: automatically people are attracted to value, create product/services with value that people can use, that’s the biggest challenge any cryptopreneur will face.

Q: .What do you think about us, CryptopreneurNG in particular? Any advice for us or shout out for us

A:you guys are doing an amazing jobs, getting people who have done well in this industry, share their experiences and journey with your audiences is so beautiful, you guys are unique. Keep it up

kindly follow satowallet on twitter @satowallet @samuelben  Telegram Satowallet Exchange medium:Satowallet Exchange

www. satowallet.com

 

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