A lot of people are enjoying the convenience of Bitcoins and other cryptocurrencies. It is fast, secure, easy, and is easy to use once to get the hang of it. The blockchain technology is patented by the Republic of South Africa’s Serge Belamant, who was the of Net1, which is founded after he completed the development and implementation of the SASWITCH System.When he was 14, Serge Belamant moved from Tulle, France to South Africa where he attended the Highlands North High School and learned English. After that, he attended the Witwatersrand University to study engineering. He switched to study Computer Science and Applied Mathematics. However, during his third year, he decided to transfer to the University of South Africa (UNISA) and completed Information Systems. Changing schools is a hard time because his credits from Witwatersrand was not transferred to the University of South Africa. Because he does not want to repeat the subjects, he dropped the course and Serge started working when he was 22.
He joined the engineering firm Matrix after dropping school. During his stay there, Serge developed application to analyze dam levels in RSA. He was then assigned to the center of scientific and industrial research as the head of the computer section of Pretoria, Witwatersrand, and Vereeniging. He then accepted a job offer from Control Data to join the support team of Cybernet. He received the Analyst of the Year award in 1980 and 1982. He was also involved in firms like ESKOM, JCI, CSIR, and Palindaba. Serge involved in the VIB Network, Bancorp, and SASWITCH.
Serge Belamant and his patents
Serge Belamant’s earliest patent is the method and apparatus for controlling a gaming operation. It was filed last August 3, 1998, and was officially patented on May 22, 2001. His next patent involves the technology for secure financial transactions and the designation of it. He then patented his work for Verification of a Transactor’s identity in 2007. He is also involved in the work for Financial Transactions with a varying pin. The founding of Net1 Technologies is considered to be his important contribution . Net1 created the chip offline pre-authorized card or COPAC, which was integrated by Visa. This also made the Net1 Technologies listed in the Johannesburg Stock Exchange.