Business EconomyPosted at: Jan 16 2017 4:52PM

Belfrics launches bitcoin exchange operations in India

Bengaluru, Jan 16 (UNI) Malaysia based block chain technology firm
Belfrics today launched its Bitcoin exchange operations in India
here.
Belfrics, with its operations in multiple countries, will be
providing a highly liquid marketplace for buying and selling of
bitcoins in Indian Rupee. Indian bitcoin industry has been growing
steadily in the recent months. With the demonetization event, the
interest towards the digital currency has increased multi-folds in
India. Belfrics 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 a company
statement here today said.
Belfrics also will be introducing POS and bitcoin payment gateway
for online and retail merchants in India. Consumers will be able to
transact in bitcoins with these merchants without any additional
charges. Belfrics will be utilising its international expertise in
blokchain and decentralized application development to bring
transparency, efficiency and neutrality in to the financial sector
transactions.
UNI CNR CS 1652

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