Serge Belamant is the founding patent holder of the blockchain technology. Belamant in the past has been labelled the Bill Gates and Steve Jobs of South Africa. Belamant engages in software and applications development. Some of his innovations have been instrumental in the growth of the financial sector. Serge is credited as the first person to come up with the idea of blockchain technologies. It is this technology that Belamant invented that supported the growth of the numerous cryptocurrencies we have today. To implement this innovation, Belamant used smart cards with a microcontroller to create a distributed and independent ledger. Through his innovations, banks, governments and private individuals can be able to make secure financial transactions.
Blockchain technology involves a ledger of records that is combined with cryptography. Each transaction made contains cryptographic time-stamp and transaction data for security purposes. The main goal of developing this technology was to create a financial sector that was transparent accurate and secure to the customers. Serge Belamant made this invention possible using smart cards containing microprocessors on function on and off-line.
Serge Belamant was born in France in 1953. At the age of 14, his family moved to South Africa where he grew up. One of the many challenges that he faced during his transition period was to learn how to read and write in English. After mastering the English language, he was admitted to Highlands NorthHigh School for boys located in Johannesburg. Throughout his time in high school, Belamant proved that he was a bright student who excelled not only in academics but also in sports. As the house captain for science and bridge clubs, he drew admiration and respect from his fellow students. In 1971 he was awarded the Victor Lutheran award for his excellence in class work.
Serge Belamant attended Witwatersrand University where he took a degree in engineering. However, in the second year, he switched to computer science and applied mathematics. In the second year, he transferred to the University of South Africa where he studied information systems. He never completed his degree since he decided to join the workforce 22 years.
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