KYC BASED BLOCKCHAIN - Belrium · 2020-04-13 · BELRIUM KYC COMPLIANT BLOCKCHAIN The evolving...

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Belrium ICO KYC BASED BLOCKCHAIN www.belrium.io

Transcript of KYC BASED BLOCKCHAIN - Belrium · 2020-04-13 · BELRIUM KYC COMPLIANT BLOCKCHAIN The evolving...

Page 1: KYC BASED BLOCKCHAIN - Belrium · 2020-04-13 · BELRIUM KYC COMPLIANT BLOCKCHAIN The evolving regulations related to KYC compliance have made KYC-based systems more complex and have

Belrium ICOK Y C B A S E D B L O C K C H A I N

www.belrium.io

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HISTORY OFBELFRICSFounded in 2014 as a blockchain development firm in Malaysia, Belfrics has grown considerably in Asia, Asia Pacific and African regions.

Unlike many other Initial Coin O�erings (ICOs) where the actual product is years away, we are not selling merely an idea. Belfrics has already established itself as a reliable digital currency exchange and a leading software development firm in more than eight countries including India, Singapore, Malaysia, Hong Kong, Middle East, and African nations.

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BelfricsHybrid Exchange

Crypto currencyExchange platform

Versap

BelfricsBTBlockchain solution

Belrium- KYCcompliant blockchain

Crypto-MoneyRemittance

PRODUCTSAND

SERVICES

BELFRICSPRODUCTS &SERVICES

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BELFRICSHYBRIDEXCHANGEwww.belfrics.comDriven by the commitment to enable users with seamless accessibility to using Bitcoin, we have created our proprietary ecosystem. It is a hybrid model that encompasses the benefits of both centralised and decentralised exchanges. Belfrics cryptocurrency brokerage platform not only features top-notch usability but also facilitates users with a liquid order book. It implies that with Belfrics, user enjoys the absolute control over their Bitcoin holding. Our DSO (distributed shared Order book) enables our exchange users to use the liquidity from all Belfrics exchanges under one roof. Belfrics will also act as single source of crypto currency liquidity for local exchanges in these regions.

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CRYPTO-MONEYREMITTANCEwww.belfrics.comAfter getting regulatory approval for Belfrics Japan, we will initiate money transmission business in Asia, Asia Pacific and Africa regions.

JAPANASIA

AFRICA

ASIA PACIFIC

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CRYPTOCURRENCYEXCHANGEwww.belfrics.comOur proprietary cryptotrading platform will serve as backbone for exchanges across the globe to do seamless crypto trading services. Our white label hosted solution enables fresh brokers to go live with crypto trading activities in under two week time. Our full suite exchange platform is loaded with power APIs and is available in desktop, web, android and IOS applications.

Belfrics has partnered with Hybrid-solutions, a leading FX platform provider and has integrated crypto trading solution to their ‘Vertex’ platform. OTC markets traders can connect to Vertex platform using FIX APIs to trade crypto currencies. Belfrics has also partnered with AURORA, a Japan-based aggregator platform to provide powerful Risk management solutions

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BELFRICSBTBLOCKCHAINSOLUTIONwww.belfricsbt.comBelfrics, backed by strong team of developers in India and Malaysia, provides blockchain consultancy and development solutions to government and enterprises. We provide both fintech & non fintech application development solution which includes but not limited to ICO token developments, private blockchain developments and feasibility studies.

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BELRIUMKYC COMPLIANTBLOCKCHAINwww.belrium.ioThe evolving regulations related to KYC compliance have made KYC-based systems more complex and have increased the time for customer on-boarding. That’s where Belrium turns out to be di�erent. It o�ers customers a secure, private, personalised & decentralised ecosystem that aims to minimise the repetition related to KYC compliance, saving you considerable time and cost.

Businesses and enterprises across the globe unanimously agree that growing complexity and cost of KYC compliance are major reasons that a�ect outcomes from both organisational as well as customer perspectives. According to the recent surveys, more than 70 percent of businesses have complained that their customers are facing issues with random or unpredictable changes in the KYC status. In rest of the cases, customers are proactively involved in the process of keeping their KYC status updated.

Belrium is unique in this context as it enables businesses and enterprises to not only reduce the customer on-boarding time but also simplifies the compliance process by eliminating the need for repetition.

Belfrics will be deploying a KYC verification system (CKVS), which will form the formal KYC verification mechanism for Belrium, a KYC-compliant blockchain, designed through Delegated Proof of Stake (DPOS) algorithm. DPOS algorithm features smart contracts, which means it empowers the distributed computer programs to arrange on-line contractual agreements in a cryptographically secure fashion. These smart contracts, which are nothing but programs based on distributed public ledger, ensure that the Belrium blockchain remains transparent, decentralised and protected from any kind of external e�ort to manipulate the results.

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FIRSTRIKERETAILAPPLICATIONwww.versap.ioBelfrics will be taking over Firstrike retail application, a disruptive retail loyalty program application. Firstrike will be powered by belrium blockchain. The acquisition of Versap will bring in millions of loyal users to belrium blockchain.

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BELRIUMBLOCKCHAIN

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PRINCIPLES OF BELFRICS KYC SYSTEM (BKVS)& BELRIUM BLOCKCHAIN

BELRIUM - The KYC Based Blockchain is based on the fusion of two blockchain working independently

Both the blockchain are based on Delegated Proof of stake(DPOS), can e�ectively overcome all the challenges faced by the institutions in KYC process.

A public blockchain that anyone in the world can read,send transactions and expect to see them included if they are valid.

BELRIUMBLOCKCHAIN

A fully private blockchain where write permissions are keptcentralized with the organisation. Read permissions will be public via RESTbased API.

KYCBLOCKCHAIN

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PEOPLE &ORGANIZATIONBelrium blockchain is development by Belfrics Global Pte Ltd, Singapore, founded byPraveenkumar,

Mr.PraveenkumarFounder & CEO

Praveen is the owner and CEO of Belfrics Group. With over 15 years of experience in Financial markets with specific expertise in OTC and exchange traded derivatives. He has served multiple financial institutions in India Middle East and Far east and have provided liquidity solution to various exchanges, including Singapore Mercantile Exchange and Indian Commodity Exchange. Praveen was instrumental in providing liquidity solutions for soft commodity derivative contracts in Indian and Singapore exchanges. Praveen also owns an IT and financial services firm, providing solution to FOREX and commodity market participants. He is constantly involved with various regulatory authorities in drafting framework & policies for OTC market participants. His deep understanding of trading platforms and payment solutions technologies fuels Belfrics’s technology conceptualization.

Jabeer K MGroup COO

Jabeer has done his Masters in International Trade Management and holds extensive experience in OTC markets. With over 12 years of operational experience in International Financial Markets, that includes equity, commodity and FX, Jabeer takes care of Belfrics Global operations as Chief operating o�icer. Jabeer has worked in with Major broking firms in India and Dubai for over a decade. His equally good exposure to business development and understanding of online derivative markets trading space, provides a crucial advantage for us in positioning our product o�erings in the crypto currency domain.

Mohan KrishnanHead of Business Relations

Mohan holds an MBA in Marketing management from Calicut university and has over 13 years of hardcore experience in Money markets and OTC trading industry. His experience is extensively in executing integrated sales, marketing and business development campaigns in the global financial services technology sector. His deep understanding of Asian markets has accelerated Belfrics exchange growth in these region.

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Vazeem JadeerHead of Support

Vazeem holds Bachelor of Business Management and has gained excellence in customer service and dealing operations with world’s leading financial institutions. He holds excellent understanding of trading platforms, equity, commodity and FX dealing knowledge and an acumen for customer service. In his previous engagements, he has worked with legal counsel and compliance o�icers to ensure regulatory compliance.

Justus KimasyuDirector, Kenya

Justus has an strong passion for the currency markets and he heads or Kenya operations. He is a high energy executive in the financial market. He has worked as a cross functional mid-senior management professional and have developed skills across the sales, marketing, service delivery, operations & strategic functions. He specialized in developing sales, processes, functions and driving organizational strategy at the ground level. With over 5 hear hard core experience in the OTC foreign exchange market, he has obtained the expertise required to assist in consult potential business partners in the financial markets across Africa. Justus Holds a diploma in Business Management

Pengiran HafizDirector, Asia Pacific

Pengiran Hafiz is proactive leader with expertise in strategic planning, plan execution & team building. He is an Innovative thinker with a proven track record of increasing revenues, establishing networks, streamlining workflow and creating a team work environment to enhance productivity e�ectively. He is a skilled communicator, well travelled in establishing beneficial relationships with key players in the Asia Pacific region. Hafiz hold a degree in Business Management and has worked with some of the leading Foreign Exchange brokers in Malaysia & Far East.

Milind ShirodkarHead of Sales, Indonesia

Milind is a double masters holder in Business Administration and Commerce. With over 7 years of experience in Financial markets and extensive understanding of South East Asian Markets, Milind spearheads the Belfrics Sales for Indonesian Markets. He holds extensive experience in International corporate sales, business development, investment and customer services to the Asia Pacific markets. Milind is customer-focused, is an excellent verbal and written communicator, large contract negotiator and out-of-the-box strategic thinker.

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Murali KrishnanAdvisor-Strategic planning

A dynamic professional with 14 years of experience and proved expertise in Family O�ice management , Portfolio management , Equity ( International & Domestic) and Real estate Funds and Structured products. Headed One the most reputed family o�ice and lead investments in major tech /Ecommerce companies in the country.With right skills of financial analysis has implemented competent strategies to explore and expand into the market.His ability to establish the right strategic alliance with channel partners and increase market reach has helped organisations to launch and develop business across the nation. MBA in Marketing and Finance from IBS Hyderabad, his adroitness at handling investment portfolios for institutions ,Trusts, Corporates and Individuals alike make him consistent with tapping various investment opportunities and framing asset management strategies while estimating the future profitabilities

Fairuz OmarAdvisor- Oil & Gas sector

Fairuz is a seasoned O&G professional who has been involved in EPCC/EPCIC downstream and upstream projects for the past 12 years. Focusing in the project management and procurement that involves financie and IT to support the development and to operate the projects. He has been involved in building petrochemical/refinery plants, storage tanks and oil filed developments. He has been part of digitization of many of the process work flow in the petrochemical plants. Having Fairuz as our advisor will help Belfrics to deliver precision blockchain solution to O&G sector. Fairuz is also deeply involved in securing Malaysian government contracts for Belfrics blockchain division.

ADVISORYBOARD

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TECHNOLOGYTEAM

www.ideomind.ioIdeomind is entrusted with managing the technology division of Belfrics. The founders of Belfrics strongly believe that collaborative e�ort will yield much better results and e�iciency than doing everything by ourselves. By making Ideomind to manage our technology division, we achieve optimum process capability, talent sharing, e�icient process methodology, and optimal usage of our resources. Ideomind will also be contributing to belfrics technology division by providing UI development, system architecture, and ERP solutions.

www.oodlestechnologies.comAlong with our inhouse blockchain developers, Oodles Technologies delivers e�ective blockchain developments solutions for Belfrics. Oodles have delivered cryptographic poof of work systems for organiztions worldwide to simplify transactions. Oodles ia team of multi-disciplined domain experts who strongly believe in delivering a positive and holistic customer experience throughout the product development lifecycle. Oodles has played a leading role in conceptualizing Belrium KYC blockchain ecosystem. Having Oodles as our blockchain developing partner, arms belfrics with strong processing e�iciency and fast TAT.

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KEYNUMBERS$500,000 own investments

2.5 YEARSof development worked

3 COUNTRIESwith Live exchange

5 MORE COUNTRIESExchange ready to go live

ONE OF THE TOP EXCHANGESin terms of volume in all the regions that we operate

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TIMELIME2014Belfrics conceptualized

2015Started providing blockchain consultancy and development solutionBelfrics receives seed funding

2016Belfrics Exchange platform initialized and Singapore Exchange became live.

2017 Q1 - Belfrics India Exchange launchedQ2 - Belfrics Kenya exchange launchedQ2 - Belfrics enters in to an in-principle agreement with Versap- a retail B to C application startup.Q3 - September-Belfrics ICOQ4 - Belfrics proprietary trading platform launch

2018Q1 - Versap application launchQ2 - Belrium blockchain launch

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SCHEDULEFollowing the example of Ethereum, there is no cap on the amount of contribution that will be accepted during the token sales. An uncapped fundraiser will promote a widespread distribution of tokens, a necessary requirement to have a healthy network of users.

BET (belfrics Exchange tokens- an ERC20 token developed on Ethereum) will be issued during the ICO. After Belrium blockchain development is completed, BET tokens will be replaced with BEL coins (the access coin for Belrium) at 1:1 ratio.

The fundraising will last for a period of one month, starting

STARTS FROM

8 / SEPTEMBER / 2017CLOSES ON

8 / OCTOBER / 2017The amount of token issued is denominated in Bitcoins. Contributions made in ether will be converted at the prevailing rate on the best o�er basis.

Throughout this period, a contribution of one bitcoin (1 BTC) will lead to an allocation of 2000 BET (belfrics Exchange Tokens) along with a time depended bonus.

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BONUSSCHEDULEPre ICO backers are provided with a 20% discount.During the ICO sale period, the first day discount will start at 15% and will betapered as below:

02

04

03

01 First day

15%

2ndday-15thday

10%16thday-25thday

5%

26thday-30thday

0%

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ALLOCATIONOF TOKENS

POOL A: (60%)Pool A will represent the contribution made during the token sale period

POOL B: (20%)Pool B will represent Belfrics reserve and founders allocation

POOL C: (10%)Pool C will be reserved for Key team members and contributors who worked to develop the company and the ideas, supporting structures and facilities provided

POOL D: (10%)Pool C will be Discretionary distribution to early backers, introducers, marketing team, advisors and development team.

POOL A60%

POOL B20%

POOL C10%

POOL D10%

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ICOINVESTMENTS

40%for Belfrics Exchange

operations for3 to 5 years

10%BelfricsBT

technology development3 to 5 years

5%for Belrium foundation

5%for pre ICO marketing

contributions

25%Belrium KYC

blockchain product development for

3 to 5 years

10%for Versap acquisition

5%for existing investors

ICO

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SNAPTOSHOT

Incorporation status: Belfrics Global Pte Ltd, 2015 Singapore.

Blockchain developers: Team of 8

Technical white paper: yes

Prototype: Exchange operational three countries. Prototype for Belrium KYC

application is yet to be released.

Token details: Voting rights and access rights

Token supply: Proportional to raise

Distributed in ICO: Proportional to raise

Emission rate: 5 BEL per bock.

Blockchain: Belrium

Consensus method: DPOS

Sale details: 8th September 2017 to 8th October 2017

First price: 0.0005 BTC

Accepted currencies: BTC and ETH

Investment round: First public o�ering

Token distribution date: One week after token sale ends

Min investment goal: None

Max investment goal: None

How are funds held: Sale contract

Minimum viable product: cryptocurrency exchange operations and white

Label solutions.

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For more info visitwww.belrium.io