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Entrepreneurship

Jean Germeil: The Man Behind Enforsys UK

Jean Germeil

I am the founder and owner of Enforsys UK Limited, a Blockchain and Internet of Things (IoT) firm based in London, UK. We have a pre-ipo valuation of 27 Million USD – our closest competitor, IOTA, has a valuation of approximately 10 Billion USD.

We build products and services on top of permissioned and non-permissioned blockchains. We also deploy decentralized Finance solutions and protocols to allow users to take control of their finances by using the Enforsys stack.

That’s our business in a nutshell.

Our most popular platform at the moment, by far, is Crypto to Cards (cryptotocards.com), which we built to allow cryptocurrency holders to (among other things) cash out by purchasing Visa, American Express and Master Cards products directly, instantly.

Currently, we are laser-focused on pushing our N46 protocol to production – the N46 protocol allows cryptocurrency to travel through networks made of Light (LiFi), Sound (SoundFi) and Radio Signals (LoRaWAN).

How do you differentiate yourself from others in your field?

Our experience, ideas and our stack completely set us apart from other Industry 4.0 firms.

Because we leverage bleeding-edge technology, we are way, way ahead of others teams in terms of what we can offer to our customers.

By being first movers and true disruptors, we can improve the lives of our users, create authentic value.

Jean Germeil

Jean Germeil

What would you say was the single most influential factor in your business’ success?

I would say the most influential factor was my time as a Chief Technology Officer in South Korea. My creativity as a coder and manager was pushed to its absolute limits! My work ethic, personal stack and network have greatly benefited from my stint in South Korea.

Please tell us more about your cryptotocards.com?

Crypto to Cards is a darling project of ours.

The starting point is the idea that banking is not inclusive: the homeless, the displaced, the undocumented do not have access to proper banking services, for a multitude of reasons.

So we took it upon ourselves to decentralize and automate key banking functions such as bill payments and credit card issuance, in order to level the playing field for those people whose needs are unmet.

Crypto to Cards is in production and everyone can go over there now to purchase virtual and physical credit cards and pay their bills using their crypto, for example!

How would an individual benefit from the N46 asset transfer protocol?

The N46 protocol, to put it simply, allows anyone to transfer cryptocurrency using networks made of Light (LiFi), Sound (SoundFi) and Radio Signals (LoRaWAN).

By doing so, an individual completely bypasses the internet stack – those transfers are made offline. The sending and receiving parties are never online. 

N46 defeats chainanalysis, bleeding-edge forensic tools; it eliminates the risk of MITM (man in the middle attacks) and data leakage. Also, N46 is off-chain, serverless, private, secure and agnostic. These are the key benefits for our users.

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