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From left: Praveen Kumar, CEO, Belfrics; N.A.Haris, MLA and Mohammed Remis, Director(Finance), Belfrics at the Bangalore announcement, January 16 2017
 
 
Belfrics, brings Bitcoin trading to India

Bangalore, January 17 2017: Malaysia-based blockchain technology firm,  Belfrics, has launched its Indian Bitcoin exchange operations.   This will provide a highly liquid marketplace for buying and selling of bitcoins in  Indian rupees.
With  demonetization, the interestin the digital currency has increased  in India. Belfrics is set to tap the largely unbanked Indian population by providing a superior, yet simple peer-to-peer digital currency trading platform through desktop and mobile devices. 
Belfricsalso will be introducing POS and bitcoin payment gateway for online and retail merchants . Consumers will be able to transact in bitcoins with these merchants without any additional charges. Belfrics will  utilize its international expertise in blockchain and decentralized application development to bring transparency, efficiency and neutrality in to the financial sector transactions.
Said CEO Praveen Kumar: “The element of neutrality that the blockchain can bring to the financial system, without the involvement of an intermediary or a regulatory body, is going to redefine the way in which assets are transacted.” 
Belfrics will be partnering with public and private institutions in India to effect a large-scale blockchain adoption. The company is currently present in Singapore, Malaysia, Kenya, Hong Kong and India. It  is owned and run by Indian entrepreneurs and is headquartered in Malaysia.




    


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Belfrics, brings Bitcoin trading to India
by BitcoinGolde on November  24,  2017
  "What is Bitcoin Gold? Bitcoin Gold is a fork of the Bitcoin blockchain. At block 491407, Bitcoin Gold miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency is born. What is the purpose of Bitcoin Gold? The purpose of Bitcoin Gold is to make Bitcoin mining decentralized again. Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole. By changing Bitcoin’s proof-of-work algorithm from SHA256 to Equihash, all of the specialized SHA256 mining equipment will be obsolete for mining the Bitcoin Gold blockchain. Thus, Bitcoin Gold will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations. A more decentralized, democratic mining infrastructure is more resilient and more in line with Satoshi’s original vision. How can I get Bitcoin Gold? The Bitcoin Gold (BTG) initial coin distribution method is almost exactly the same as that used by the Bitcoin Cash fork of August 1. Everyone who held Bitcoin when block 491406 was mined automatically received Bitcoin Gold at the rate of 1 BTC = 1 BTG. (If you had 20 BTC at the time of the fork, you now also have 20 BTG.) bitcoin cash mempool"
     
Belfrics, brings Bitcoin trading to India
by Olivia on March  13,  2017
  "… et dans le genre des petites perles poétiques (là aussi sans rapport avec la note) avez vous lu ce billet de Robert Solé citant les Néerlandais qui s’adressaient à « François Villon » peu aprÚs que le &lss&o;&nbap;collaborateur&nbqp;uraquo; du Président eut inventé la belle ville de « Romsterdam »: ‘un clin d’oeil chiffré aux gaffes de G.W. Bush ?!"