Meet the USAVE Team Q&A — Sami Taverna

USAVE
USAVE
Sep 7, 2018 · 4 min read

Describe your role at USAVE

I am co-founder and CTO of USAVE. Thanks to my expertise as a Quantitative Analyst and Algorithmic Expert in Maths and Finance, my experience in commodity trading, especially on physical gold and my wide knowledge of the crypto market, I was able to fully analyse the gold market and find the perfect digitisation model.

My goal was to find the best solution for our ecosystem, one which not only ensures the most profitable result for all the intermediaries and buyers on the physical gold supply chain, but also for the holders of USAVE TOKEN should they wish to turn them into physical gold or not.

Naturally therefore, my role was to build a team with the best and most experience technology brains to help create an autonomous ecosystem which benefits everyone involved. Today, with the help of the team, I am always working to find ways to incorporate future innovations into the USAVE platform.

What is it the company does in your own words?

USAVE is a disruptive and sustainable transition for the gold supply chain. The physical gold market is traditionally very closed and opaque and is often difficult for the consumer to access. However, thanks to the Blockchain, USAVE creates an ethical and fully transparent physical gold market, which provides easy to access for gold buyers through the USAVE token and ensures a simple conversion into physical gold.

The USAVE platform utilises blockchain technology to make a social and environmental impact with a sustainable approach. We guarantee the secure and traceable origin of all eco-friendly and ethical gold as it moves through the supply chain, which is then held in vaults by owners, giving all parties full transparency and peace of mind.

The USAVE token also create a new use for major cryptocurrencies. The token can be purchased using popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin & Dash coin, offering an easy way into the USAVE ecosystem and ultimately, the purchase of physical gold.

Give us a brief timeline of your career so far — where did you start, how did you move on?

I have achieved degrees across a range of fields and have extensive expertise in finance, computer science and astrophysics. I have always wanted to combine and practice all of these skills throughout my professional experiences and I have mainly been able to achieve this by exploiting my expertise in algorithms.

I first began as a trader in commodities, before leaving this environment to create my own company and become a consultant for various Fintech startups wanting to optimise their business model and raise funds. At USAVE, my main role has been to adapt the business model of physical gold across the entire chain, to ensure that it becomes completely blockchain compliant.

Where do you see the company in five years’ time?

In 5 years’ time, I would like to see USAVE have largely established itself as an unprecedented standard for the traceability of the physical gold and eco-responsible gold production. Our goal is to invite all the actors of the world of gold to join us in our ecosystem, and work to guarantee the secure and traceable origin of all eco-friendly and ethical gold.

I also foresee the USAVE Token will have demonstrated that it can be a cryptocurrency with which owners can invest with confidence, because it is correlated with the volumes of fair and eco-responsible gold that our ecosystem can deliver — and these volumes are naturally growing

What’s the one piece of advice you would give to anyone wanting to join the gold industry?

The world of gold is a very complicated market. Buying genuine gold is a safe haven which everyone knows, but beware, many parameters, such as origin and quality are difficult to know and certify when buying physical gold. It’s these factors which truly alter the real value of any gold.

It must also be known that much of the gold that circulates on the market is gold extracted without respect from the people working on its extraction and processing, and there is often a lack of respect for the environment.

We have therefore created the USAVE ecosystem to allow people to access optimal quality physical gold easily, whilst giving them full confidence it has been extracted and transformed with the utmost respect for the environment and workers. We aim to achieve this by registering all data from the gold supply chain on Blockchain and giving providing full visibility of this to anyone who wishes to see it.

For more news and views from the USAVE team, be sure to follow our Twitter @USAVE_Network, LinkedIn and Facebook or check out our official site, www.usave.io.


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