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Home Africa

Made in Africa: Vault Share

Tech Gist Africa by Tech Gist Africa
11/30/2020
in Africa, Africa News, Business, Made In Africa, News, Start-Up Spotlight, Startups, The Big 5
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vault share technology news africa

vault share technology news africa

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Vault Share is a product of the Vault Brand and was created by South African entrepreneurs, Dr. Chad Marthinussen and Gino Lange.

It is Africa’s first digital social card that enables the speedy storage and sharing of contact information and digital profiles of individuals.

vault share technology news africa
vault share technology news africa

It was created to provide a solution to having to exchange contact information using Bluetooth and Near-field communication (NFC) while maintaining physical social distance and preventing contact with mobile devices considering the recent Global pandemic.

The tech-based tool stores customers’ profiles on an online database aka “Vault” that operates on minimal Radio Frequency Identification (RFID) theft blocking wallet and like the traditional wallets that hold contact cards with cash compartments.

Vault Share networking opportunities cuts across three operational areas- Business to consumer (B2C), Business to Business (B2B) retail, and Business to Business (B2B) hospitality.

Dr. Marthinussen assures that “Vault and Vault Share will bring tremendous value to the customers.

The Vault Share will ensure their vital credit card information is safe and secure considering the rise in credit card skimming in South Africa, and with the festive season approaching it will be even more prevalent.

We believe that the use of Vault Share will result in more effective networking and more measurable conversions.”

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Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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