Joe Fagan

Former Soccer Star, Now Soccer Fan


July 18, 2019

Serge Belamant Disruptive Tech

Without Serge Belamant and his innovation and creation of disruptive technologies, the world of cryptocurrency would not exist. Born in France and growing up in South Africa, he excelled in school and received high honors amidst graduation. He went on to study at Witwatersrand University where he first became interested in disruptive technology while studying engineering and computer science. He dropped out of university but that hasn’t stopped him from creating technology that has changed peoples lives.

Serge Belamant first invented disruptive technology while working as a code debugger on scientific packages that included structural engineering. Eventually he left Control Data and began working for SASWITCH where he devised a new switch system for RSA banks based o Stratus computers, fault tolerant hardware and a parallel processing system. All of this amid the crumbling apartheid system in South Africa at the time. One of the more notable achievements of Serge Belamant’s early days in disruptive tech was when he invented a technology that allowed RSA banks to communicate with each other’s ATMs.

In 1989 Serge Belamant left SASWITCH and started his own company, Net1 Technologies. There, he relied on his patented funds transfer technology and eventually went on to invent the Universal Electronic Payment System. 1995 saw the largest expansion for Serge Belamant up until that point as Visa hired Net1 Technologies to create a more secure feature for their cards. Belamant integrated his previous two inventions funds transfer system and UEPS into a new disruptive technology called Chip Offline Pre-authorization card. The chip technology has helped people in a positive way as it has prevented fraud and made it harder for criminals to gain access to cardholder’s financial information.

After the chip technology, the next invention from Serge Belamant was morphing and Europay. The invention and advancement of morphing led to the first blockchain applications used today in a variety of functions including cryptocurrency. It is with all of this advancement from Belamant that banks and customers have seen safety and overall quality of transparent transactions rise.

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May 04, 2019

Serge Belamant and the First Paths to Global Notoriety

Early Academic Upbringing

One of the more famous patent holders today is Serge Belamant. Serge Belemantwas born in Tulle, France in the year 1953. Serge was not yet out of high school and still in his teenage years when he and family moved to South Africa. It was in South Africa that Serge learned how to speak the English language. Serge Belamant universal notoriety in 1989 after inventing a technology for Visa, which allowed credit card holders to use block chain technology to complete transactions. This was the original chip card, but with blockchain technology. Serge Belamant also created many cryptocurrencies. His unique patents have led to banks being able to process customer transactions between banks and financial institutions quicker and more accurately; also allowing the many types of transactions processed like financial deposits, investments, or withdrawals from bank accounts. See more on everybodywiki.com

Early Academic Career

Serge Belamant developed several interests as a youth that led to his development as a computer programmer, ITT analyst, and software developer. It was at Highlands High School for Boys where he first became proficient at English and started excelling in sports like Rugby and Chess. He also excelled in Chess and many times won Chess championships. In 1972 he gained a university exemption pass. HIs interest in mechannics, engineerig and computer systems intensified while attending Witwatersrand University. He also attended the University of South Africa in the following year where he gaine a solid foothold on the science of Engineering, Computer Architecture, Information Systems, and gained some knowledge of computer programming. He finally opted out of completing his academic pathway in order to work professionally for Matrix.

Professional Career Path

After leaving the University Serge Belamant began his professional career at Matrix. His earlier training in engineering made him an excellent employee for a civil engineering company. He was assigned to work on various IBM systems, which used systems software for finite element analysis. Serge Belemant designed special applications to measure water levels in the structural dams within the African Continent. His initial work at Matrix gained him significant attention from The Council for Scientific and Industrial Research, where he developed other programs for digital mapping.

Related: https://blockpitch.org/2018/12/11/serge-belamant-blockchain-inventor/