Serge Belamant is a brilliant businessman, innovator, entrepreneur, patent holder and founder of several blockchain technologies. His innovations have made it easier for banks, financial institutions and the general public to quickly and seamlessly process financial transactions such as deposits and withdrawals securely. The efficiency, encryption and speed in which financial transactions are handled today can all be attributed to the foundation laid by Serge Belamant. The ease of access when using ATM machines, being able to accomplish various transactions within minutes is possible because of the revolutionary applications he developed as early as the 1950s.
Serge Belamant is the founding patent holder of blockchain technologies, which was created to help the financial services sector to increase transparency, the accuracy of data and security of institutions. However he has also lent his genius to environmental causes. He developed applications while working for Matrix, a civil engineering company to monitor water levels in dams that could predict and prevent drought conditions. By the 1980s Serge Belamant’s career path was reaching new heights. He was hired as head of the IT Division for SASWITCH Limited which was owned by RSA Banks.
By improving the performance for the switching systems that were experiencing issues with processing and updating at the time, he helped create the second largest ATM switch across the globe. He is also founder for Net 1 UEPS Technologies, established in 1989. By developing the Funds Transfer System (FTS) and Universal Electronic Payment System (UEPS) he simplified systems that would be used to transfer money internationally. His blockchain technology not only helped to improve the speed and security of processing transactions but would also be vital to the creation of modern blockchain technologies and cryptocurrencies such Litecoin, Dash or Bitcoin. Ahead of his time, Serge Belamant is a pioneer in blockchain technology and a Technology Titan.