Serge Belamant is the creator of the Blockchain technology and holds a patent in this field since 1989. Throughout his career, Serge developed applications and software that proved to be crucial for the finance sector. The blockchain technology later became the foundation of the cryptocurrencies that exist today. The technology he developed was integrated with banking systems to facilitate faster execution of confidential tasks in a secure way such as withdrawals, investments, and even deposits.
For a better understanding let us briefly describe the Blockchain technology and its applications. In his experiment back in the day, Serge Belamant used a smart card and a micro controller and formulated a way to create a list of records that are tied together with algorithms that include cryptography. The original motivation for the technology was to introduce transparency in the financial sector and promote accuracy in data exchange in an encrypted and secure environment.
Throughout his career, Serge Belamant worked for various companies and holds a number of the patent on the cutting edge technology he worked with during this long tenure in the industry. The purpose of patents is to protect the ideas of inventors. Let us have a look at the prestigious patents held by Serge.
• The first one was filed in 1998 and was approved by end of 2001. The patent is for developing a unique procedure and apparatus for handling a Gaming operation.
• In 2007, Serge filed for a patent for the verification method he developed for accurately identifying the transactor. The patent was approved in 2014.
• He filed a patent for the efficient designation of electronic financial transactions in 2007 which is yet to be approved by the concerned authorities.
Born in Tulle, France, Serge Belamant traveled to different countries at an early age. His family relocated to the Republic of South Africa when Serge was just 14 years old, by which he has learned to read and write in English. He was a brilliant student throughout and took part in numerous extra-curricular activities and contact sports like rugby. He decided to major in the field of computer science from the Witwatersrand University. During his third year at the institution, Serge chose to make a lateral entry to the University of South Africa seeking knowledge regarding information systems. Sadly, he was never able to graduate with a degree and ultimately started working at the tender age of 22.
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