Blockchain technology is a new technology that allows an internet user to transfer digital property to another internet user thanks to Serge Belamant innovations as a software developer in blockchain technology. He is credited as the first in the implementation of blockchain technologies. The invention offered by him create stamina in creating cryptocurrencies. Serge Belamant innovate using of smart cards using micro-controller which create distribution sovereign in the transaction of ledgers. This technology which was invented by Serge allows private individuals and other sections to fasten their activities in withdrawal and payment in a secure environment.
He was born in 1953 in Tulle, France. At the age of 14, he moved to South Africa with his family. He learned to speak and write English at Highland North High School for boys. In 1972 , Serge was awarded best in sports and academics.
In 1972, Serge Belamant attended the Witwatersrand University, and in his second year he changed his course and join computer science and applied mathematics, and in his 3rd year he discontinued and take information systems.
He joined SASWITCH where he was driven to IT section as sanctions implemented against RSA. He implemented the use of ATM in connection with all banks; this was proved successful, and SASWITCH became 2nd worldwide.
Patents by Inventor Serge Belamant
His creative innovation of ATM provides transaction of finances via the internet to log in and to generate pin in an ode to response with the correct biometric identifier that is supplied. It also facilitates the finances and methods of transactions.
Citigroup and is not exactly active over the other to sub-Saharan Africa’s rural meager. That generates his first company of Net 1 UEPS Know-hows, Johannesburg, South Africa but registered on the NASDAQ. In 2006, its ended 30th June, the company got $59 million income of $196 million by delivering smart cards to poor folks who cannot afford bank account for transactions. Using the required technology, paycheck from a business allocating a workforce, 3.5% the value of community well-being assistance from an administrative agency and 0.5% to 0.75% of a sale from wholesalers.