The exploits of Serge Belamant in the blockchain industry earned him comparisons with heavyweights of the tech-world including Steve Jobs and Bill Gates. He was among the pioneers of the industry and is a holder of the founding patent. He has had a telling influence in the financial industry thanks to his vast experience as software developer.
He was the first to implement the blockchain technology and has kept at it over the years. The technology led to the advent of cryptocurrencies that are widely used in the world of finance. He provided a secure environment for faster transactions within the banking sector. Smart cards equipped with a micro-controller made his innovations possible.
The technology ideally uses cryptography to link up different records. The timestamps on each ledger need to be cryptographic in nature for the transaction to be complete. Serge Belamant and his colleagues were hoping to enhance the accuracy and transparency of financial transactions when they invented the technology.
The French international spent a good number of his formative years in South Africa which served as his second home. He moved there as a 14 year-old and had to learn English before he could join a local school. Although he did not complete his university degree, his education background provided everything he needed to enjoy a stellar career in financial world. Serge Belamant studied a bit of engineering, then tried applied mathematics and computer science before settling for information systems.
At 22, he believed he had what it takes to join the job market. He took the challenge in his stride and went on to achieve great things. He enjoyed stints in a host of companies including Matrix which specialized in providing civil engineering solutions, Control Data and DATABANK. All his appointments were characterized by innovations that took the world by storm and increased the efficiency of service delivery.
Bancorp gave him an opportunity to join the financial world and his prowess in matters computers was not hindered. He later joined SASWITCH Limited and developed National ATM switch that took the place of the system from Christian Rovsing who had left the South African market. The incredible career of Serge Belamant culminated in the development of the blockchain technology through his firm, Net1 Technologies.