Serge Belamant: The Inventor of the First Blockchain Technology

At the moment, Blockchain is revolutionizing banking industry in a great way credit to the advancement in technology. You find that over three million individuals across the business world have been using Blockchain debit card developed by UEPS. This technology use is gradually creating the lowest banking costs across different fronts. In this piece, we are going to discuss Serge Belamant profile, the man who created the Blockchain patents back in 1989 as well as the person behind the banking industry revolution.

Who is Serge Belamant?

About Serge Belamant, he was born in France in the year 1953. Later their family relocated to South Africa when he was still a little boy. While in high school besides playing rugby and chess, he also went to different trainings and attended English lessons. He has a diverse career background, which forms the basis to his outstanding achievements in his career life. It is worth to note that Serge switched courses in tertiary level of education from applied mathematics to computer science as well as to engineering. He also went to a training course where he attended various information systems classes.

Serge Belamant Achievements

Well, Serge has many achievements in his life apart from being the holder of the patent to the Blockchain technology incarnation. He is the Zilch Technologies Limited founding father. Currently, he is the chief executive officer of Net1 technologies, a company developing Blockchain smart cards that will be used as debit cards.

Latest New and Activity

Serge Belamant and his expert team have come up with debit cards using Blockchain patented technology that can be used as smart cards. These cards are designed in a way to make them operate where Europay MasterCard Visa can be used. These debit cards use distributed ledgers that can operate efficiently without having to communicate to an online or offline centralized computer. This has been viewed as one of the significant steps that will eliminate traditional payment methods which are subject to the mechanical/server and fraud victims. There are a number of advantages that this technology brings about, namely the processing costs for payment will also be reduced to a small fraction in comparison to the traditional payment systems.