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Life Clips Subsidiary Belfrics Announces Plans For Expansion; Opens Office in Bangalore India

Life Clips Subsidiary Belfrics Announces Plans For Expansion; Opens Office in Bangalore India
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Belfrix announces expansion plans and opens an office in Bangalore, India

Belfrix announces expansion plans and opens an office in Bangalore, India

Aventura, Florida, Jan. 6, 2022 (GLOBE NEWSWIRE) — Life Clips, Inc. (OTC Pink: LCLP) (the “Company”) today announced its subsidiary Belfriks plans to increase its office presence and significantly expand its workforce in India. Belfrics India office is located at KMJ ARCADIA, #15, 2nd Floor, Industrial Main Rd, 5th Block Koramangala, Bangalore – 560 034. Belfrics expects that up to 30% of its crypto business will come from India, and its cryptocurrency platform includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Belrium (BEL) and others.

In August 2021, Life Clips acquired Malaysian company Belfrics, and at the time, it announced expansion plans to grow its cryptocurrency platform and platform, along with its blockchain marketing pipeline. Belfriks has 10 operational offices in Malaysia, Singapore, India, Kenya, Tanzania, Nigeria, Bahrain and the United Arab Emirates, and is authorized and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia. The cryptocurrency market in India has grown by 600% over the past year, making the country one of the fastest growing cryptocurrency markets in Central and South Asia. As a result of this growth, Belfriks expects to generate more than 30% of its monthly revenue from India. Belfrix’s Bangalore office should be the company’s largest office among its teams in Labuan, Kuala Lumpur, Nairobi, Kinondoni, Dubai, Abuja and Singapore.

Praveen Kumar, CEO and Founder of Belfrix Group said: “The new Belfrix office is designed to create a unique environment and ensure the best services are provided to its employees. Equipped with the latest technology and fully integrated, the facility is designed to meet future needs, and is suitable for video conferencing for both collaborative and online work. dimension, especially post-pandemic.” Mr. Kumar continued, “Our new Bangalore office supports our clients and reiterates our commitment to the Indian market, cryptocurrency and blockchain industries. We see many companies in India taking the lead in technological advancements and staying ahead of the curve of the global market, Which provides more business opportunities for us to invest in this market.”

“Our additional office in Bangalore demonstrates our commitment to supporting Belfrix’s growth as it expands its presence in both India and South Asia. Earlier this year, we acquired Belfrics because we believe in its vision to build a global cryptocurrency platform and blockchain solution. The market has responded better than expected and we expect some Super-growth from Belfrix Corporation. Mr. Greenberg continued: “Our investment demonstrates our long-term commitment and confidence in the exciting future of this region. We couldn’t be happier with what things have been like and where they’re heading.”

about us

Life Clips is the parent company of Belfrics Global and Cognitive Apps Software Solutions Inc.. Belfriks Global is a Malaysian blockchain provider, cryptocurrency exchange and platform authorized and regulated by the Labuan Financial Services Authority (LFSA), Malaysia. With 10 operating offices in 8 countries, Belfrics’ multi-featured trading platform provides digital assets, cryptocurrencies and crypto derivative contracts to its clients. The Belrium KYC Verification System (BKVS) has been recognized by Gartner as a Top 10 Blockchain in terms of real-world projects by the Nigerian Patent Authority. Cognitive apps disrupt the mental health space with an AI-powered, speech-based mental health analytics platform that enables companies to measure, understand, and improve the mental well-being of employees, patients, and customers. Aiki offers CBT and IPT treatments using a chatbot that includes Yuru’s voice analysis solution that takes other health data from Apple and Google HealthKit for a more accurate analysis of an individual’s mental health. Aiki was developed to take advantage of the trend towards artificial intelligence platforms that employers use to raise awareness of the mental health of employees. Cognitive Apps’ Yuru is a 3-in-1 tool developed by a team of licensed psychotherapists that uses vocal biomarkers to screen for early signs of mental health conditions, such as stress and depression. Yuru is available on the Apple App Store.

For more information about Life Clips visit www.lifeclips.com
For more information about Belfriks Global, visit www.belfriksgroup.com
For more information on Cognitive Apps Software Solutions, visit https://cogapps.com

Forward-looking statement Disclaimer
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “expects,” “projects”, “expects”, “estimates”, “objectives”, “believes”, “hopes”, “potential” or similar words. Forward-looking statements are based on certain assumptions and are subject to many known and unknown risks and uncertainties, many of which are outside the control of control, and cannot be predicted or measured, and therefore, actual results may differ materially from those expressed or implied.Such forward-looking statements: (i) the initiation, timing, progress, and results of the Company’s research, manufacturing and other development efforts;(2) The company’s ability to develop its products to successfully complete development and marketing; (3) the manufacturing, development, marketing and acceptance of the company’s products; (4) lack of adequate funding to finance product development and business operations; (5) competitive companies and technologies in the company’s industry and the introduction of competing products; (6) The ability of the Company to establish and maintain cooperative relationships with the Company; (7) Loss of key management personnel. (8) the scope of protection a company can establish and maintain intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (9) potential failure to comply with applicable health information privacy and security laws and other federal and state privacy and security laws; and (x) the difficulty of predicting government actions and regulations. All forward-looking statements contained in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement unless required by law.

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dk@atlcp.com
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