Serge Belamant was born in France, 1953. He has worked at Matrix where he developed applications on Cyber computers, at CSIR he was head of the computer section, control data, DATABANK where he created a financially controlled financial system and SASWITCH. After SASWITCH Serge Belamant decided to open his own company which he named Funds Transfer System. He is the first person to have created incarnation of blockchain technology.
Serge Belamant has filed for patents for some of his works as a means of protection. Some of the patents have been granted while others are still underway. Some of the patents filed are:
Transactor’s identity verification
This is a system that provides information for the transactee information about the transactor during a transaction. Some of the information it provides is the identity of the transactor, bank account details of the transactor. The information provided is verified in an account verifying system and stored. It also stores information on the transactee. However, the information provided to the transactee is by permission from the transactor after applying for these services.
Financial transaction with a varying pin.
It is a device that facilitates transactions at an ATM, through the internet, sales point by providing a PIN after the right biometric identifier has been feed in. It also provides a means of processing the transaction.
Electronic financial transaction designation
This is a means of knowing the designation of the identifier. It is requested by the transactor. The designation can either be “duress” or “normal”. If the designation comes up as “duress” no financial transaction takes place and the account of the transactor is frozen. If the designation comes up as “normal” then the transactions can continue with no disruptions.
Safe financial transactions
This is done through the generation of a PAN which is a series of numbers to illustrate a bank account but is not the actual account number. However, the actual account number is embedded within the PAN. The transactor generates this PAN and provides it to the person who is providing them with the service they need. When the number is provided to a bank account they decrypt it to get the actual bank account number.
Game operation control
This is a system in form of a smart card that contains the software that controls the game by processing inputs of the player. Serge Belamant believes that this helps prevent gaming system from being tampered with and the games can be played anywhere even in hotel rooms.
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