The Blockchain Debit Card of Serge Belamant and Net1 Improved the Industry

Although there have been many different companies and individuals that have had influence in the world of blockchain transactions, there is one key name that modern enthusiasts are unfortunately unfamiliar with. This company is Net1 Technologies, and the man is Serge Belamant. To them, the world’s first plastic debit card making use of unique blockchain technologies can be attributed. This smart plastic card predated the modern cryptocurrency explosion by decades, and was impressively fully compatible with Visa and MasterCard, being fully accepted and usable at all the same locations as those cards. Although unusual for its time, not needing to communicate with any central computer was quite revolutionary in terms of doing transactions at the time that this card was released.

UEPS is what Serge Belamant decided to call his industry changing smart card, and Net1 Technologies was the company he headed that allowed him to bring the card onto the market. It was a big deal when this card took its place in the industry. Although he spent his high school years in South Africa, he was originally born and raised in France. As a teen, he was quite good both athletically and academically. There was a brief period of Serge Belamant’s life when he studied at Witwatersrand University for a few years before deciding that it wasn’t for him.

Before dropping out of university, there were a variety of majors that he studied; mathematics, computer science and engineering were among these. This did not stop him, however, from building a strong career as a CEO, and his company is in a great position right now. Before Serge Belamant started his own company, he worked with a company in the engineering industry called Matix, where he worked with lots of IBM computers. Much of the knowledge regarding computers and different systems for banking came from this job, and Serge Belamant is clearly making great use of it in his current pursuits, with his card currently in the hands of a few million consumers.

For More info: bhekisisa.org/tag/serge-belamant