Serge Belamant: Tech Entrepreneur Promoting Transparency, Data Accuracy And Security In The Financial Industry Using Blockchain Technology

Serge Belamant is a tech entrepreneur who created the first incarnation technology in 1989 and holds the patent for that technology. His inventions has promoted efficiency as well as transparency in financial sector. He is among the fathers of cryptocurrencies. He spearheaded the invention of technologies offering a backbone in creating cryptocurrencies.

What is blockchain technology?

Blockchain technology involves distributed ledgers that are linked together using cryptography. Originally, the technology came into existence to increase data accuracy, transparency as well as security of institutions and customers. Serge Belamant developed blockchain applications using smart cards. He is known for coming up with a smart card containing microprocessors that can function on or offline.

Knowing Serge Belamant

He hails from Tulle, France where he spent his childhood before moving to South Africa at age 14. He joined Highlands North High School in Johannesburg. After an exemplary performance in high school, he was admitted to Witwatersrand University to study engineering. He later ditched the course and study computer science as well as applied mathematics. He switched universities and pursued information systems at University of South Africa. Unfortunately, he never graduated from university.

He joined the workforce when he was 22 years old. He started off working at Matrix where he gained a lot of experience. He served in the position diligently to develop intricate computer models for Council for Scientific Industrial Research projects. He continued to grow in every aspect of his career. He later worked at Control Data, SASWITCH, and DATABANK. He also worked at Bancorp as a consultant in risk management and analysis. He is the Zilch Technology Limited founder.

Blockchain technology creation

He created Universal Electronic Payment (UEPS) which was later used to develop Chip Offline Pre-authorized Card for Visa. COPAC was a major achievement for Mr. Belamant and it is still in use. He achieved all those things through his company Net1 Technologies. The company grew rapidly to go public, invent and innovate.

Serge Belamant today

He left Net1 Technologies and currently, he works at Zilch Technology Limited to come up with more blockchain technology inventions.

Technology patents in Serge’s name

• Designation of Electronic Financial Transactions-pending approval
• Verification of a Transactor’s Identity – it was granted in 2014
• Secure financial transactions- pending approval
• Method and Apparatus for controlling a gaming operation- it was granted in 2001
• Financial transactions with a varying pin- pending approval.

To Visit More : patents.justia.com/inventor/serge-christian-pierre-belamant

 

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