Serge Belamant is world famous as the founding patent holder of blockchain technology. He first invented the technology during the late 80s for use in smart cards for banks. These smart cards had microprocessors that worked both on and off-line. This technology is still used by banks, governments, and private individuals for faster processing of financial transactions. In its earliest stage, blockchain technology was used by the financial industry to help increase their transparency, accuracy of data, and security.
Serge Belamant was born in France in 1953, moving to South Africa with his family when he was 14. There he attended the Highlands North High School for Boys. He did extremely well in both academics, sports, chess, and bridge there, graduating in 1972. He then began attending Witwatersrand University with a concentration in engineering. During his second year switched to a concentration in computer science and applied mathematics. For his third year, he transferred to the University of South Africa with a concentration in information sciences.
Sadly upon his transfer, UNISA would not accept most of his WU credits. This meant that after his third year Serge Belamant would have had to retake most of these classes. Instead of doing that, he quit the university after the third year and entered the workforce. At that time he was 22. His first job was with Matrix as an engineer. His special gift with computers was soon realized and highly utilized for the rest of his career. While in charge of the computer department of the Pretoria, Witwatersrand and Vereeniging road planning project he developed revolutionary breakthroughs in computers involving statistical methods, digital mapping, and graphic interface creation.
In 1980 and 1982 Serge Belamant was named analyst of the year based on his work for Control Data. Later that same decade he was made a consultant for Bancorp. By this time he had made many revolutionary developments but it was during his time with SASWITCH that he invented his historic blockchain technology.
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