Serge Belamant spent his childhood growing up in France until he was 14 years old, at which point his family moved to South Africa. About Serge Belamant, when he took up residence and began going to school, he learned how to speak English. While attending Highlands North High School, Serge showed various aptitudes, including a fondness for Rugby. After completing his high school education, Serge went to study engineering at the University of Witwatersrand. After a while, Serge Belamant switched his degree to computer science and mathematics. It was only for a few years that Serge was pursuing these degrees until he gives it up altogether to his focus on information systems.

Following the completion of his university studies, Serge started working for a company in the technology industry known as Matrix. Matrix was a firm focused on engineering and computers. While Serge worked for this company, he spent his time developing systems for small to medium range computers. Over the next several years, Serge followed up his working position at Matrix with other companies, including DATABANK and Control Data. Through these positions, Serge was able to learn a lot of coding and financial system building. Serge finally landed at SASWITCH in the information technology department.

He was able to successfully help this corporation develop a new switch for ATM’s on a national scale. When this technology was denied by banks, Serge Belamant decided to start up his own company which is now known as Net1 Technologies. With his acquired knowledge, Serge Belamant was able to develop the very first foundation for the blockchain technology, which he had patented in 1989 and began working on a way to implement it into a useable form for people. Net1 Technology developed a smart card that is now used throughout Europe to make transactions without the need for a dedicated bank.