How Serge Belamant Co-founded Zilch
Serge Belamant is a patent holder in blockchain technology. He was born in Tulle, French, but he later migrated to South Africa when he was 14 years old. At the time, Serge’s father had decided to look for work as a tiling worker, so he moved his family to South Africa. Serge studied computer sciences at Johannesburg’s Witwatersrand University. Belamant has served an array of companies in various industries during his career life. He is well-known for his passion and expertise in coding a digital financial transaction program. Belamant has played a significant role in creating several technological improvements that have significantly impacted the banking industry across the globe and the commercial banking sector. See more on everybodywiki.com
Net1 UEPS Technologies
Serge Belamant is the founder of Net1 UEPS Technologies, which was established in 1989. The firm focused on the development of universal electronic payment systems (UEPS). Due to his vast skills and experience in designing UEPS, Belamant was approached by VISA in 1995 to create a chip offline pre-authorized card. Belamant worked with Net1 at the turn of the millennium to design a payment system that enables the transfer of grants and welfare funds across South Africa. The system has become popular in several countries like Russia and Iraq. The most recent venture by Serge is Zilch Technologies. He also serves on the board of advisors for Medikredit Integrated Healthcare Solutions and Prism Group Holdings.
Surprisingly, the idea of starting this business originated from his son, Philip who is an IT engineer. Serge Belamant explains that they were discussing with his son after graduating the influence of social media in the modern world and how it can influence financial products to the young generation using an interface and language they can easily comprehend. That, according to Serge, marked the birth of Zilch. The idea of Zilch has been refined over time, and its tools have also evolved to offer quality user-experience.
The business took some time before bringing in profits, but Serge Belamant waited and took advantage to learn. Serge also admits that he experienced self-doubt when he was starting the business. He warns entrepreneurs, especially those who are starting against the fear of failure because it prevents people from achieving anything significant.
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