Serge Belamant: Inventor of the First Blockchain Debit Card

Serge Belamant was born in 1953 in Tulle, France. While at the age of 14 years he moved to South Africa. He went to Highlands North High School, where he excelled at chess and rugby. He attended the University of Witwatersrand in 1972 where he studied engineering before changing his courses in applied mathematics and computer science.

Serge Belamant discontinued his university study after two years and took several courses in information systems through the UNISA. Belamant is the founder of the Zilch Technology Limited and the Net1 UEPS Technologies, Inc. under his name he has won several awards which include the Analyst of the Year in 1980 and the Systems Analyst Award of the Year in 1982.

Belamant’s Career Experience

After his education, he joined an engineering company, Matrix, which was a division of the BKSH. Serge Belamant worked on both small and medium size IBM computer machines using the finite element analysis software. He also developed several apps on Cyber computers to analyze the dam levels in RSA and predict the future droughts and optimize the dam levels.

He was given the powers to head a computer section at the Center for Scientific and Industrial Research in Pretoria, Vereeniging, and Witwatersrand. He also worked at various firms, including the UNIVAC, PL1, and BURROUGHS, ICL Cloud code FORTRAN, Various ASSEMBLERS, APL and ALGOL.

The First Blockchain Debit Card by Serge

The Net1 Technologies which is among Serge’s firms developed a patented form of the blockchain technology on smart cards that function like debit cards and more. This card is Europay, MasterCard, and Visa is commonly known as the EMV compatible. It functions like a normal debit card wherever the EMV smartcards are accepted. It uses distributed ledgers which work both offline and online without any communications with a centralized system, which no one else has ever implemented.

Serge Belamant recently filed for patents to cover or protect his inventions. The listing features patent applications which are pending as well as those that have already been granted by the U.S Patent and Trademark Office. They include apparatus and methods for controlling gaming operations, secure financial transactions, Verification of the transactor’s identity, designation of the electronic financial transactions, financial transactions with the varying pin and the verification of the transactor’s identity.

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