by Rushali 
Encryption and privacy are some of the biggest advantages of using the cryptocurrency system for transactions and also as a mainstream currency. Privacy is one of the biggest concerns for the public nowadays, from data getting leaked from every website they use which is now termed in a fancy manner “ the data breach” after the Facebook data leak happened.
Not only facebook there are numerous companies related to public services that claimed to report a “data breach”.
The only solution and statement they provide is “we are letting you know that there is a potential data breach that has happened on our servers, it is recommended that you change your passwords and usernames for important information”
I mean what good is the statement now when the data breach has already taken place?
I am not denying that might not help but, what if all the personal data from a particular website has already been taken, what good is it now to change the information.
After Edward Snowden’s leak, the general public awareness has grown, we are looking at privacy from a different angle and brainstorming about it.
We as the public now understand how important privacy and user encryption are.
The credit card hacks, the credit card scams are now being looked at as something controllable not like a matter of luck. And this is one of the most important aspects of the blockchain system and cryptocurrency. We as the public don’t want to tell people about the transaction we have with others, not even the banks as it is just a matter of minutes if the bank servers get hacked and we lose all our hard-earned money which is not the case with cryptocurrency.
There is a reason it is called the “Crypto” currency because it is a form of transaction that can be done peer to peer without involving any third party in between.
Do you know what that means?
That means the person sending the money and the person receiving it will only be aware of any such transaction happening, no banks, no hacking nothing.
and the best part is that’s not the only use case for this type of security, it can be applied in numerous fields with the use of blockchain technology.
Okay, enough ranting about the security of our mainstream banking system and the services we are using.
Let us talk about one of the Dragons from the show Dragons den and also the “Shark” from the show Shark tank also, he is one of the few names in this crypto space who is not from the USA or UK.
Let us dive deeper into the life of Mr. Vinny Lingham also known as Vinodan Lingham.
Introduction
Vinny Lingham was born in 1979 in South Africa and is an Internet personality, entrepreneur, and CEO of Civic.
Lingham completed his formal education earning a Bcom degree in information systems from the University of Capetown followed by an e-commerce degree from the University of South Africa also in recent 2017 earning a specialization in Scaling entrepreneur ventures from the world-renowned Harvard Business school of executive education.
On completing his education in 2001, he started working as a business analyst creating business plans and strategies for commerce one moving to another company handling the same business analyst position for Dimension Data.
After working for mere 9 months he jumped onto the opportunity of being an SEM manager in Osiris Trading, running the whole pay-per-click marketing department.
After working for almost one year and eight months, he put on his entrepreneurial shoes and laid the foundation of one of the most successful internet marketing company known as Clicks2Customers which was later acquired by interface holdings, it is a company focused on paid keyword marketing for companies on search engines generating a 100 million sales.
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In 2003, Lingham founded Incubeta another company that excelled in online marketing operating from London and Los Angeles.
Lingham is also the founder of “Yola” a SaaS website service company providing services from small to medium-sized organizations with one of the first few drag and drop website builders. According to its description, yola is a “one-stop-shop for SMBs trying to succeed online, Yola has developed a breadth of features and products to support its Sitebuilder. Premium services include website hosting, domain name registration, mobile, and Facebook publishing, local directory submissions, search engine optimization tools, lead generation, and social network integration.”
He also founded “Gyft” the first of its kind gift card company which was funded by Google which lets the users send gift cards from the ease of their phones and is also integrated with different social media websites like Facebook, Twitter etcetera.
Lingham has founded many companies which were later acquired by other companies and he is also one of the investors from the TV show Sharktank, and dragons den (the South African version). He was also one of the board members of the bitcoin foundation.
Vinny Lingham is famously known for his contribution to the crypto and blockchain space through CIVIC, A firm that works in Identity management with the help of blockchain technology from the open-source blockchain-based system of identity.com.
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Vinny Lingham net worth
There is not much verifiable information is available on the internet about his current net worth but it is somewhere speculated around from one million US dollars to five million US dollars … I know that is a gap of like four million but, there are some people who like to keep there holdings and net worth somewhat private as far as they can, after all, this article was about privacy and he also owns a blockchain-based identity management company.
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