Executive Voice

Retreeb And Adam Putting Their Mark On The Blockchain World

Published

12 months ago

April 5, 2022

Igorsyunin

With the advent of the new Blockchain technology which is disrupting the traditional systems of DEFI, there has been an increasing need for skilled professionals who can undertake the task related to web 3.0 projects. Especially if it’s the case with software development which is a core for any technological product like blockchain applications which involves variables like security, efficiency, speed, a protocol that manages the process, etc.

Adam Boudjemaa is one such multi-skilled individual who has leveraged himself to be suitable for any such software profile in Web 3.0. His vast experience in diverse projects helps him stand-alone and tall in any group of candidates. Let’s learn more about Adam and his journey through this article.

Who is Adam Boudjemaa And His Achievements?

Adam Boudjemaa was introduced to cryptocurrencies by the co-founder of MONERO (XMR) David Latapie and it was through his guidance, through meets, Adam was able to make his career in the Blockchain world. Adam always wanted to contribute to this underdeveloped yet very essential piece of technology that gave the power back to its users.

Adam has a diverse set of experiences throughout his career in the blockchain world. Adam worked on BTU protocols, a peer-to-peer booking platform. He then started working with blockchain projects that involved Ethereum and IBM Hyperledger. However, the job which sets him apart is his experience working with Fantom which is one of the leading protocols for NFT and DEFI projects.

This eventually led him to be a blockchain-based advisor on Retreeb which relied on Fantom Blockchain. Adam’s experience in this sector helped Retreeb a lot and hence he was named to be head of the blockchain at Retreeb. This sure impacted his resume since Retreeb is not any regular web 3.0 based project, but is one of the most successful DEFI-based payment services.

Retreeb is a non-P2P payment service that is aimed to be a solution to today’s problem due to the duo-poly of Mastercard and VISA. The problem with these cards and the new payment services (Google pay, Apple Pay, Samsung Pay ) which use these networks without any questions is that they charge a lot of transaction fees at the merchant end. This is discouraging merchants to accept any short amount as payment through these networks as it is comparatively of greater loss to them.

What Retreeb is trying to achieve is to develop a product to be ethical, economical and also carry its responsibility towards the society and environment. They do this by charging a very minuscule fess (0.9%-1.5%) at the merchant’s end for each transaction out of which 1/3^rd of the total fees is donated towards satisfying their social and environmental responsibility.

The project description stands for its own, and being Head of blockchain technology for such an organization is a milestone in itself, a milestone that Adam successfully managed to attain. This all in just 8 years of his journey in the blockchain application. Adam also has been able to capitalise on his earlier knowledge and experience of working in Fantom, which he used in Retreeb successfully.

Retreeb is built on Fantom blockchain using a “Fantom Opera” fork with a DAG (Directed Acrylic Graph) consensus. It uses a consensus mechanism developed by the Fantom known as the Lachesis aBFT consensus mechanism, which allows the network to free itself from miners, nodes that are responsible for verifying the transaction, while also maintaining the security of transactions with the cryptographic process.

These abnormal achievements has made him quite visible to the public as well as well-established blockchain projects. That is why with his extensive experience, he has also joined Polytrade as a lead blockchain-based developer.

If we had to talk about his personal life, Adam loves music and walking. He also has a taste for boxing and loves the sport. He believes that the crypto market is not a one-time money-making scheme it requires patience, conviction to make a good profit and retain the money made.

He decided to focus all my attention on blockchain by investing himself, his money, and his time. Because he believed in the web3 revolution. Behind every one-night success story, there are countless nights and years of hard work in the making. One can follow all updated stuff regarding Blockchain on Twitter and check out blogs on Medium.