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Belrium is on the rise this week.

The price of Belrium has risen by 39.83% in the past 7 days. The price increased by 1.29% in the last 24 hours. In just the past hour, the price shrunk by 0.02%. The current price is $2.62 per BEL. Belrium is 71.02% below the all time high of $9.03.

The current circulating supply is 0 BEL.


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What Is Belrium (BEL)?

Belrium (BEL) is a KYC blockchain that aims to enable secure and seamless information exchange among trusted entities. The decentralized platform is built on smart contracts that disrupt the traditional KYC model by furnishing the authority with more focused and transparent solutions. Also, the platform is a blend of a private and public blockchain. The public blockchains take care of KYC compliance here, and the private blockchain supports global remittance.

After 9/11, the KYC process became crucial, and the government developed bodies like SWIFT to take up the KYC process. However, the institutions are limited to specific areas, which is not much help. The Belrium blockchain came up with the solution by fusing both Belrium and KYC blockchain to seek to overcome the challenges faced by institutions. 

The platform is developed on Inter Planetary File System (IPFS) protocolto store and share files. Here, the financial institution (FI), along with the line of KYC registry system, is connected to decentralized Belrium KYC. The blockchain relies on the DPOS algorithm that facilitates secure and transparent smart contracts. Furthermore, the IPFS is adopted by the DPOS algorithm to allow information storage, whereas FI helps in the storage of relevant data and creates a unique KYC figure. FI has access to download relevant customer information through the central registry, and with a unique KYC number, other financial authorities can apply due effort. Thus, the blockchain seeks to facilitate secure and seamless exchange of information between various entities.

BEL is the platform's official cryptocurrency that aims to fulfill the supply on the Belrium network. The token complies with the network's remittance, health care, KYC, and trade finance. Also, the developers can create and dispose of their applications on the Belrium platform, increasing the utilization of BEL token.

Combining blockchain technology with the KYC process can bring revolutionary changes to the industry. Also, the technology aims to simplify the KYC process and offer boundless possibilities. The Belrium-KYC system can make the process less time-consuming and more secure with reduced cost and reduced process overhead for the institution.

History of Belrium (BEL)

The official whitepaperof Belrium was introduced on June 26, 2017.

The core management team includes Praveenkumar, chairman & CEO; Maya, cofounder & administrative director; and Jabeer, group chief operating officer. Also, regional directors from different regions include Justus Kimasyu, director – operations – Kenya, Jeremiah Ukachukwu, director – administration – Nigeria, Pengiran Hafiz, director – oOperations – Asia Pacific, and Vazeem Jadeer, director – customer support – India. 

As the roadmap suggests, the Belrium ICO was launched in Q4 of 2017, and the official Belrium blockchain was launched in Q2 of 2018. An initial coin offering(ICO) is the cryptocurrency industry that aims to raise capital to create a new token, application, or service launched as a way to raise funds.

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What is the current price of Belrium?

We update our Belrium to USD currency in real-time. Get the live price of Belrium on Coinbase.

What is the market cap of Belrium?

The current market cap of Belrium is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Belrium?

The all-time high of Belrium is $9.03. This all-time high is highest price paid for Belrium since it was launched.

What is the 24 hour trading volume of Belrium?

Over the last 24 hours, the trading volume of Belrium is $0.00.

What other assets are similar to Belrium?

Assets that have a similar market cap to Belrium include Kento, PsyOptions,, and many others. To see a full list, see our comparable market cap assets.

How many Belrium are there?

The current circulating supply of Belrium is 0.

Can I buy Belrium on Coinbase?

No, Belrium is not currently available on Coinbase, but you can sign up to get the latest news on Belrium and be notified when it gets added to our exchange.