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    Introducing Belrium (BKVS) for a Wallet Identity Checker

    By Apac CIO Outlook | Tuesday, May 14, 2019
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    Belfrics enhances technology innovation and value creation by leveraging the power of blockchain technology. Bitcoin’s exponential rise really hit the home of a group of entrepreneurs who identified this as the tip of an iceberg rich in opportunities and importance for the world. This led to them coming together to create what would become Belfrics–a cryptocurrency exchange designed to revolutionize the way in which people transact and exchange digital assets.  The company’s goal is to open the doors to as many people as possible in the digital asset trade and to help them benefit greatly from this by establishing an ever-improving trading platform.  Belrium is an ecosystem designed to facilitate on-demand, secure and low-cost access to KYC verification services through the blockchain, so that background and personal information verification checks are no longer necessary from the ground up every time.  The company aims to provide companies with a secure, private, personalized and decentralized ecosystem that minimizes the repetition of compliance with KYC, saving significant time and costs. Belrium is the first and smartest KYC compliant blockchain in the world. The company has a team of financial trading professionals with a wealth of experience in various markets and commodities and a vision for the future of digital assets.

    The Belfrics Academy is a blockchain education beacon that bridges the knowledge gap and becomes a blockchain education beacon. The objective is also to revolutionize education employing blockchain technology. Currently, there are approximately 5,000 blockchain developers in the world, and more than 500,000 blockchain developers are estimated to be needed by 2020.

    Belfrics Group currently provides Fiat-crypto exchanges and blockchain development solutions in 10 countries. The company has announced the global launch of Belrium Mainnet–the first KYC compliant blockchain of its kind. Belrium processes no unchecked wallet transaction on its public blockchain. The private blockchain called Belrium KYC Verification System (BKVS) acts as a wallet identity checker.  This is the only blockchain with a strict financial framework that ensures data security, which is extremely important for government authorities. Because of its nature of anonymity, public blockchains have traditionally struggled in terms of adoption with various regulators. Meanwhile, on the other hand, Belrium has gained momentum silently by its unique private and public blockchain combination.

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