Belfrics Group, a fiat-crypto exchange and blockchain development company, has proclaimed the global launch of Belrium Mainnet, a KYC Compliant blockchain.

The company has claimed that Belrium will provide a secure, private, customized and decentralized ecosystem to companies. This is aimed at saving time and money by eliminating the KYC compliance related repetitions. Businesses and enterprises will enjoy lesser customer on-boarding time and simplified compliance process with the platform going live.

Praveenkumar, CEO & Founder of Belfrics, has expressed his delight on the launch of Mainnet. He said that the company’s main focus was to drive the governments and regulators to evaluate the potential of its blockchain solution. He is also affirmative that various organizations will be able to use the blockchain platform to carry out live transactions sooner.