Technician Serge Belamant

Serge Belamant was born in 1953 and he is a French entrepreneur and computer scientist. He invented technologies that allow banks, governments, and private people to process activities such as deposits, withdrawals, investments and payments within a safe location. He was a bright student that excelled in school and after college, he developed applications to analyze water levels. These water levels were used to prevent future water droughts. He is known as one of the founding fathers of inventing blockchain technology. Blockchain technology is a book of records that are linked together and encrypted. Serge Belamant used smart cards to develop blockchain applications and he created a verification system that gave transactors and transactees an identity and account. Belamant combined two technologies together to create COPAC which is the chip offline pre-authorization card. COPAC is still very popular today and is used for Visa to protect again fraud. One of Serge Belamant’s biggest achievements was when he led the IT division for SASWITCH Limited. The company’s switching systems could not perform or be maintained and Belamant was sent to fix this problem. He solved the problems by installing Stratus computers, and new National ATM switches for RSA banks. He came up with an idea to reverse protocol used by South African banks that were involved with the switch. After these protocols were reversed then banks could avoid writing new software programs. Thanks to Belamant’s efforts, SASWITCH is now the second-largest ATM switch in the world. After his work with the company, Serge Belamant moved onto Net1 Technologies and developed new technology which helped it to operate successfully for 7 years in a row. After leaving the company in 2017, he cofounded Zilch Technology Limited with his son and focused on his inventions and creating more blockchain technology to help the cryptocurrency markets.

From the time Serge Belamant began analyzing water levels for Matrix Engineering Inc., they realized his potential. This was just the beginning of his fascination with technology. He began developing computer models for projects and this led to breakthroughs in statistical methods, graphic interfaces, and digital mapping. In 1980, he was named “Analyst of the Year” and this was just of his many successes throughout his entire career.


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