Serge Belamant, The Inventor of the Blockchain Debit Card

Serge Belamant was born in France and moved to South Africa when he was 14 years. He was able to learn an speak English while in South Africa while in an all-boys high school.

Belamant Education.

Serge attended Highlands North High School and later attended Witwatersrand University where he studied engineering course and then changed to computer science and applied mathematics in his second year. He later dropped out of the University the same year and took a class in information through the UNISA initiative. After schooling, his first employed in Matrix engineering firm, and this is where he started cyber applications for measuring dam levels and predicting future droughts. Throughout his career, Serge Belamant patented with six of his inventions, and these patents helped him in creating his first Blockchain Debt Card.

Blockchain Debt Card

Blockchain Debit Card is a smart card that can function without a central computer for validation, audit record creation, encryption, decryption, and transaction authorization. Blockchain can work in a place where there is no electricity as it stores all the required data in it making it be a bank on its own. Due to its ability to store all the information when the card is offline, the card can transact when connected to the point of sale, (POS) or a centralized automated machine system; the card confirms all the transactions that had been made offline.

Serge Belamant and his tech company took advantage of a unique chance in the third world countries where banking seemed to have low profits rates due to the low incomes of people, and Serge Belamant used this chance to invest heavily on this sector. After his spending, he saw his profit margins project to big margins, and his Blockchain debt card has negated the need for such infrastructure. Due to Serge Belamant,s innovation, there have been new markets that have been opening up, and those rural areas and neighborhoods that were unreached are now enjoying the renovation on the financial sector courtesy of Serge’s innovation. Serge stepped down as the CEO of his company, but the company retained his advisory services. Through his help, the company has expanded its services to many government institutions by acquiring government contracts.

 

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