Technologist Serge Belamant: Blockchain Debit CardFebruary 9, 2019 - Author: steph
Serge Belamant created the first version of blockchain technology in 1989 when the possibilities were still unknown. It just so happens that he also holds the patent for that technology and has contributed significantly to many innovations in the finance sector. His creative inventions as an applications and software developer have helped increase accuracy, transparency and security of transactions across many financial institutions. Born in Tulle, France in 1953, his business achievements started early in life when he moved with his family to South Africa as a teenager. He attended Highlands North High School for Boys in Johannesburg and earned an exemption pass for university. Belamant then attended Witwatersrand University, where he studied engineering, computer science and applied mathematics. He later studied information systems after transferring to the University of South Africa.
At a young age, Serge Belamant was offered his first job at Matrix, a civil engineering firm, where he developed applications that analyzed water levels in dams that were located throughout the RSA. The purpose of the applications was to identify optimal water levels in dams to mitigate future droughts. He also had an opportunity to lead a team while working with the Council for Scientific and his Industrial Research during a Pretoria, Witwatersrand and Vereeniging road planning project. Serge Belamant contributed significantly to the success of companies throughout his career, including Control Data where he was named Analyst of the Year twice and DATABANK where he developed the VIB network that was purchased by Volkskas.
Valued for his technical acumen and expertise in the financial industry, Belamant worked as a consultant for Bancorp and developed a 10-step program that analyzed risk and tested the sustainability of a business. One of his biggest career achievements was his work with SASWITCH when he was called on to resolve issues with real time switching and the processing time of transactions within the RSA banking system. He approached this project with optimism and a forward-thinking mindset, achieving success by developing a new National ATM switch. All of his professional experiences cultivated the expertise needed to launch and drive the success of Net1 Technologies, which ultimately became a publically traded company under his leadership. Today, Belamant is still inventing blockchain technology as the founder of Zilch Technology Limited.