Aiki

Life Clips Subsidiary Belfrics Receives Digital Health Record Contract from the Indian Government

Retrieved on: 
Monday, December 12, 2022
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The Indian digital health market is booming owing to the COVID-19 pandemic, which sparked a wave of digital transformation across the healthcare ecosystem.

Key Points: 
  • The Indian digital health market is booming owing to the COVID-19 pandemic, which sparked a wave of digital transformation across the healthcare ecosystem.
  • This is a significant opportunity for the Belfrics team to explore the Belrium blockchain with the Government of India, where ABHA IDs (Digital Health IDs) will be issued to the users, and the health data will be interoperated across the nation seamlessly.
  • India’s National Digital Health Mission intends to provide essential support for the country’s digital health infrastructure integration.
  • Robert Grinberg, CEO of Life Clips, said, “ABHA IDs, which will unify the entire Indian health ecosystem, is an excellent initiative by the Indian government to access and share health records digitally with the hospitals, clinics, and insurance providers across the nation.

Life Clips to Spin-Off Cognitive Apps Subsidiary to Shareholders

Retrieved on: 
Tuesday, September 13, 2022
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AVENTURA, Fla., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) in its continued effort to maximize shareholder value, is pleased to announce that the Company will spin-off its wholly owned subsidiary Cognitive Apps Software Solutions Inc. ("CogApps") to shareholders.

Key Points: 
  • AVENTURA, Fla., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) in its continued effort to maximize shareholder value, is pleased to announce that the Company will spin-off its wholly owned subsidiary Cognitive Apps Software Solutions Inc. ("CogApps") to shareholders.
  • Shareholders of Life Clips will receive a pro rata number of shares of CogApps based on the number of shares of Life Clips common stock held as of the record date.
  • Life Clips will release continued updates as the process moves forward, including the Record Date and percentage of CogApps to be distributed.
  • CogApps intends to file a registration statement with the Securities and Exchange Commission for the distribution of shares of CogApps to Life Clips shareholders.

Belfrics Completes Blockchain Based M1 Demo for India’s Flagship program Ayushman Bharat Digital Mission (ABDM) that was launched by Prime Minister Narendra Modi in 2021

Retrieved on: 
Friday, September 2, 2022
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Indias National Health Authority (NHA) is the apex body responsible for implementing Indias flagship public health insurance and assurance program called Ayushman Bharat Digital Mission (ABDM).

Key Points: 
  • Indias National Health Authority (NHA) is the apex body responsible for implementing Indias flagship public health insurance and assurance program called Ayushman Bharat Digital Mission (ABDM).
  • In the next 30-days, Belfrics intends to get M1 license and also complete M2 and M3 (Milestones 2 and 3) within the next 3 months.
  • Authorities also asked Belfrics to submit a white paper on how Belrium Blockchain can be used by ABDM where blockchain will give a strategic advantage.
  • Belfrics was also asked to submit a proposal to profile the facilities and practitioners within the state Governments on blockchain.

Belfrics Commences Mexican Operations; Introduces Blockchain-Based Wallet and Remittance Solution

Retrieved on: 
Friday, August 19, 2022
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Belfrics Mexico will introduce its blockchain-based wallet and remittance solution to capitalize on the trend toward increasing remittance flows in Latin America.

Key Points: 
  • Belfrics Mexico will introduce its blockchain-based wallet and remittance solution to capitalize on the trend toward increasing remittance flows in Latin America.
  • The Mexican market stands out as one of the major crypto opportunities in Latin America because of its remittance business.
  • Belfrics CEO and Founder, Praveen Kumar, said, "The Mexican market will be the first region for Belfrics to deploy the blockchain-based wallet and remittance solution.
  • According to the Mexican central bank, total remittances reached $51.6 billion in 2021, which was a 27% increase from 2020.

Belfrics Technologies Limited Launches Operations in Dubai International Financial Centre

Retrieved on: 
Thursday, August 11, 2022
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AVENTURA, Fla., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) announced today Belfrics Technologies Limited, a recently formed entity of Belfrics Group, has extended operations in the United Arab Emirates.

Key Points: 
  • AVENTURA, Fla., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) announced today Belfrics Technologies Limited, a recently formed entity of Belfrics Group, has extended operations in the United Arab Emirates.
  • Belfrics Technologies Limited, a group company of Belfrics Group was admitted to DIFC (Dubai International Financial Centre) under Innovation business category.
  • Dubai and the Dubai International Financial Centre (DIFC), the leading global financial centers in the Middle East, Africa and South Asia (MEASA) region, have topped the global ranking in attracting foreign direct investment (FDI) projects in the financial services sector in 2021, according to a report by the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economy and Tourism (DET).
  • Belfrics CEO and Founder, Praveen Kumar, said, "Extending Belfrics Technologies Limited's operations in the DIFC provides Belfrics an opportunity to set a new standard in the region.

Belfrics International Signs a Partnership MOU with TP Global to Offer Crypto Derivatives and Blockchain Solutions

Retrieved on: 
Friday, August 5, 2022
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TP Global FX expects to onboard 120,000 clients for the year 2023 and expects to touch a monthly trading volume of $1 billion in crypto derivatives by end of 2023.

Key Points: 
  • TP Global FX expects to onboard 120,000 clients for the year 2023 and expects to touch a monthly trading volume of $1 billion in crypto derivatives by end of 2023.
  • "At TP Global FX we have always strived to innovate our services, keeping the demands of our customer at the center stage, said Nitish Sharma, Global CEO, TP Global FX.
  • Mr. Sharma continued, With the growing demands of the Crypto derivatives industry, our users needed our services more than ever.
  • We are proud to partner with FX broker TP Global on Belfrics' crypto derivatives and blockchain solutions," said Belfrics CEO and Founder, Praveen Kumar.

Belfrics Group Continues Corporate Operations in Spite of Crypto Market Turmoil

Retrieved on: 
Friday, July 29, 2022
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Belfrics Group (the Company, or Belfrics) is a global blockchain technology firm operating cryptocurrency exchanges on its proprietary trading platform.

Key Points: 
  • Belfrics Group (the Company, or Belfrics) is a global blockchain technology firm operating cryptocurrency exchanges on its proprietary trading platform.
  • In addition to our Belfrics Exchange, Belfrics Group provides blockchain related technologies and solutions to an expanding base of customers.
  • As most cryptocurrency exchanges resist regulation, our efforts to work with local authorities puts Belfrics Group a step ahead of the competition.
  • In spite of the global cryptocurrency industry slowdown, Belfrics Group expects to announce the achievement of several milestones this quarter.

Life Clips Reports Fiscal 2022 Third Quarter and Nine Month Results

Retrieved on: 
Wednesday, May 18, 2022
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AVENTURA, Fla., May 18, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) today reported financial results from its Belfrics Group subsidiary for the third quarter of fiscal 2022, ended March 31, 2022.

Key Points: 
  • AVENTURA, Fla., May 18, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) today reported financial results from its Belfrics Group subsidiary for the third quarter of fiscal 2022, ended March 31, 2022.
  • Commissions and Fees increased 29 percent to $2.04 million in the third quarter of fiscal 2022 as compared to $1.58 million in the previous quarter.
  • Investment Advisory revenue increased 84 percent to $662,478 in the third quarter of fiscal 2022 as compared to $360,320 in the previous quarter.
  • Results of Operations for the Nine Months Ended March 31, 2022 and 2021
    For the first nine months of fiscal 2022 ending March 31, 2022 total revenues were $5.24 million.

Life Clips Subsidiary Belfrics Group Enters EU; Receives Exchange Operational License in Poland

Retrieved on: 
Friday, April 22, 2022
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AVENTURA, Fla., April 22, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) today announced its Belfrics Group subsidiary has received its exchange operational license in Poland.

Key Points: 
  • AVENTURA, Fla., April 22, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) today announced its Belfrics Group subsidiary has received its exchange operational license in Poland.
  • This exchange operational license granted to Belfrics Poland is Belfrics first license in the European Union (EU) and marks Belfrics entry into Europe.
  • Belfrics Polands license will encompass the following types of services; exchange between currencies, virtual and media payment, and virtual brokerage in exchange.
  • Belfrics Poland can be found on the Polish Cryptocurrency business Register at the following link.

Life Clips Subsidiary Belfrics Group Launches NFT platform – BELNFT

Retrieved on: 
Thursday, April 21, 2022
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AVENTURA, Fla. and MUMBAI, India, April 21, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) today announced its Belfrics Group subsidiary, one of Indias early adopters of blockchain and cryptocurrency, has launched a Non-fungible Token (NFT) exchange platform BelNFT.

Key Points: 
  • AVENTURA, Fla. and MUMBAI, India, April 21, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the Company) today announced its Belfrics Group subsidiary, one of Indias early adopters of blockchain and cryptocurrency, has launched a Non-fungible Token (NFT) exchange platform BelNFT.
  • Praveen Kumar, Founder and CEO of Belfrics Group, said, The launch of BelNFT enables us to diversify our services and offer a larger pool of investment options for our customers.
  • Having said that, our initial focus would be to ensure a seamless verification process of the NFTs listed on our platform.
  • Life Clips CEO, Robert Grinberg, said, "Moving forward, the BelNFT exchange platform will be another source of revenue for Life Clips.