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.”
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
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