Who Holds the Patent for Blockchain Technology?

Serge Belamant is an innovator with a long list of accomplishments that includes creating the first version of blockchain technology in 1989 and obtaining the patent for that technology. Born in Tulle, France in 1953, Belamant moved to South Africa with his family as a teenager. After relocating, he attended Highlands North High School for Boys in Johannesburg where he excelled in athletics and academics. After earning an exemption pass, Belamant attended college at both Witwatersrand University and the University of South Africa studying engineering, computer science, applied mathematics and information systems. In his third year, he made the strategic decision to begin his career.

Serge Belamant joined Matrix, a notable civil engineering company, where he used finite element analysis software and leveraged his expertise to advance key business initiatives. Belamant simultaneously worked with Control Data engineers on benchmarking projects involving a wide variety of technologies. The success of his endeavors at Control Data led to a job offer where he joined their application support team. During this season in his career, Belamant continuously earned recognition for his work, which included receiving the Analyst of the Year Award on two occasions.

After success at Control Data, Serge Belamant advanced his career at DataBank where he created the first financial system that was scientifically driven. He also developed the VIB network that was purchased by Volkskas. With an upwardly mobile career, Belamant became a consultant for Bancorp where he conducted analyses and provided solutions for risk management. This ultimately resulted in the design of a 10-step program that assisted the business with its sustainability initiative.

Equipped with a wealth of experience and proven success, Belamant was recruited by SASWITCH, where he provided leadership in the IT division, which included the introduction of the National ATM switch in RSA that’s linked to all RSA banks. His efforts contributed to the growth and recognition of SASWITCH. Serge Belamant ultimately acquired the Funds Transfer System (FTS) patent in 1989 and set out on his own to launch Net1. The growth of Net1 was significant, with expansion across the globe, including Ghana, Iraq, Namibia, Botswana, Russia and Burundi, among other locations.

His LinkedIn Profile: https://uk.linkedin.com/in/serge-belamant

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