The role of Serge Belamant in the invention of blockchain technology

Serge Belamant is the founding patent holder of blockchain technologies. Belamant was born in France but his family migrated to South Africa when he was 14 years old. He attended Witwatersrand University in Johannesburg to study computer science. After working with numerous companies, Belamant gained sufficient knowledge in this field to start making key innovations. It is some of the innovations he has made that have changed the financial industry for the better. Today, some of the technologies that are being used worldwide have been developed by Serge Belamant. His line of specialization is the coding of financial transaction software.

In 1989, Serge created his first company known as Net1 Technologies to roll out the Universal Electronic Payment Systems that he had developed. It is this technology that saw him work with VISA after he was hired to develop smart credit and debit cards that we use today.

Learn more about Belamant at Bhekisisa.org

After the deal with VISA, Serge Belamant bought a digital payment system that was used to transfer grants all over the Republic of South Africa. This system was adopted by other countries around the world due to its efficacy. Net1 software is being used by many leading economies today.

Recently, Serge Belamant founded Zilch Technologies, a U.K based company to deal with emerging technologies. Through this company, he is hoping to bring financial tools closer to young people who are the main users of social media platforms.

The idea of Zilch Technologies came up while he was having a discussion with his son who is an IT engineer. He saw great potential in focusing on emerging trends, especially those that touch on the welfare of young people.

Serge Belamant says that it is in creating products that will last for many years that helps an entrepreneur to be successful in the long-run. His focus has always been in putting the right efforts in determining the kind of needs that the people need to be addressed. He then focuses on the future so that he can create products that will serve the people for a long time. When you create superior products, money will follow, that is what Belamant believes.

Source: Serge Belamant and the Birth of Blockchain Technology

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