Serge Belamant is a great scientist of our time. Financial expert Alec Hogg once labeled him as the Steve Jobs and Bill Gates of Africa. He is the patent holder of the blockchain technology. He is a person behind one of the most advanced financial innovations and applications that are used today. He is regarded as the person who first implemented the idea of blockchain technology. It is the blockchain technologies that laid the foundation for the formation of cryptocurrencies. Belamant was behind the creation of smart cards that had a microprocessor that could make independent transaction ledger. The technology he created is now being used by financial institutions to make secure transactions. For more information about Serge, view his Crunchbase profile
What is blockchain technology?
Blockchain is referred to as an electronic ledger that cannot be altered easily. Each transaction made contains a particular cryptographic timestamp as well as data. The initial idea of cryptocurrencies was made so that it could create transparency, security, and accuracy of financial transactions. Serge Belamant created such a technology to work through some smart cards. These cards could be used either online or offline.
Who is Serge Belamant?
Serge Belamant was born in 1953 in the city of Tulle, France. At the age of 14 years, his father found a tiling job in South Africa and the whole family migrated to South Africa. One of the challenges he encountered during the transition was that he had to learn English. It is after mastering English that he was admitted to Highlands North High School for Boys in Johannesburg. During his time in school, Belamant excelled not only in classwork but also in co-curricular activities. In high school, he was a respected house captain, and due to his excellence in academics, he was awarded the Victor Ludorum Award in 1971. Belamant was also brilliant in Chess. He even represented his school in various chess tournaments.
Serge Belamant passed high school and qualified to join the university. He joined Witwatersrand University to study engineering. In his second year in university, he switched to computer science and mathematics. In his third year, he transferred to the University of South Africa to study Information Systems.