Serge Belamant’s Impact on the Development of Technology

Belamant is well known for creating a financial firm that gives small personal loans at an interest rate of 0%. After graduating from the university, Serge BelamAnt teamed up with the most notable civil engineering company where he had to put into application the admissible expertise and competence that he had obtained. He labored on small and medium-size IBM computers by use of software evaluation. With his expertise skill, he was skillful to develop a license of ensuring that an undertaking between a transactor and a transactee has an identity and an account to substantiate the facility is operated.

Besides, Serge devised patent form of blockchain on a smartcard while working with the Net1 technologies. The card can use disseminated ledgers that can work both online and offline without any alteration with an integrated computer. Besides, the smart card can work in areas with no electricity and without requiring a point of sale device. The undertaking of an intuitive card can be noted with an offline location of a sale device that needs only a battery. After the card has executed a lot of offline debit undertakings, the information is kept on the smart card and later when it transacts with the centrally ATM, the system is improved and acknowledges the data and then keeps it.

Key achievements of Serge Belamant:

  • Developed a Way of Controlling a Gaming Operation

The method contains a safe action and a memory in the form of a smart card and unsecured input that shows the means of connection. The memory in the smart card keeps a software, which manages the performances of the game and instructions that are notable to advantages and disadvantages of the player.

  • The Realization of Secure Financial Undertakings

Serge Belamant created an account number with a standard credit or debit account with a banking organization. The accessible financial information classifies the duplicated primary account number with the issuing bank being aware that the pertinent digits will be made to give detailed information about the account number and the amount available.

Sources of the article : https://seekingalpha.com/article/4070246-net-1-ueps-technologies-ueps-ceo-serge-belamant-q3-2017-results-earnings-call-transcript

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