Serge Belamant Invents Blockchain Technology App Years Before the First Digital Coin Is Introduced

Born in Tulle, France but raised in the Republic of South Africa, Serge Belamant did not know that his name would dominate business journals when he grew up. As a young boy, he grew with others in his South Africa neighborhood, enjoying what his father would bring home from work. His birth name is Serge Christian Pierre Belamant, which he was given in 1953.

Pierre was active in school with studies as well as co-curricular activities. He was known to be active in rugby, athletics, and took part in mathematics and science clubs. Because of his exemplary behavior, he was the house captain for the science club and the school’s head prefect.

When he was in his late teenage life, Serge Belamant joined the university. Although he studied two universities namely Witwatersrand University and the University of South Africa (UNISA), Christian did not concentrate on one area. He studied engineering, applied mathematics, computer science, and information systems. These interests could later help him become one of the most accomplished tech nerds in the world of blockchain and cryptocurrency technologies.

Life after school was not easy for Pierre who had to look for jobs at the age of 22. Nonetheless, he landed a job as an app developer and IT expert working for Matrix and Finite. While working for these two companies, Christian developed an application that was used in the whole Republic of South Africa to determine and control dam water levels.

Serge Belamant moved to different companies where he helped them develop various applications that could serve various interests. At one point, Pierre worked for the Council for Scientific and Industrial Research (CSIR). Here, Serge designed ingenious computer models that were used on different projects that were being run by CSIR.

Greatest Achievement

Serge’s greatest achievement came in 1995. This time, Pierre had just formed his company Net1 Technologies, a startup he used to create various Funds Transfer System apps (FTS) and Universal Electronic Payment Systems (UEPS). Although governments, banks, financial institutions, and private investors now use this software, it took Belamant many years to convince them to use it.

In that year, Serge Belamant worked for Visa to develop a Chip Offline Pre-authorized Card (COPAC) that uses both FTS and UEPS technology. To date, this technology has been the pivot of all cryptocurrency transactions all over the world. Click here to learn more

 

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