Belfrics BT signs exclusive MoU with Kenya Red Cross Society to deploy blockchain solutions in the country’s health and education sectors

Belfrics BT signs exclusive MoU with Kenya Red Cross Society to deploy blockchain solutions in the country's health and education sectors

Life clips inc.

AVENTURA, Fla., March 09, 2022 (GLOBE NEWSWIRE) — Life Clips, Inc. (OTC Pink: LCLP) (the “Company”) today announced that its subsidiary BelfricsBT has signed a memorandum of understanding with The Kenya Red Cross Society (KRCS) to deploy its BelYo platform based on the Belrium blockchain to provide a real-time health data management and dissemination system for its hospital in Dadaab, Kenya.

“Belfrics will deploy our blockchain solutions at IFO 2 Hospital in Dadaab, Garissa County, which is a 100-bed referral hospital serving between 200 and 300 outpatients per day,” said Praveen Kumar, Founder and CEO of Belfrics Group. “IFO 2 Hospital serves the 232,903 refugees residing in Kenya and is the only major hospital providing medical care to this underserved community. BelfricsBT will provide a customized hospital management system that will automate the IFO 2 hospital. Our BelYo platform will efficiently capture, store, streamline, analyze and communicate patient health data to caregivers. A collaboration with KRC gives us a huge opportunity to innovate for the humanitarian sector. We will initially work on the health, education and aid delivery segments and will continue to explore various other avenues for blockchain implementations.

The Kenya Red Cross Society is one of many International Red Cross and Red Crescent Movement companies around the world. The head of the Kenya Red Cross is Uhuru Kenyatta, President of Kenya. KRCS remained the leading humanitarian agency and the strongest humanitarian brand in Kenya, the East Africa region and Africa. In 2016, KRCS launched the Kenya Red Cross app, the world’s first humanitarian smartphone app, which enables users to receive timely and life-saving information during emergencies. Some of the projects managed or assisted by the Kenya Red Cross Society are famine, blood services, first aid projects, education services, as well as disaster and emergency services.

Dr Asha Mohammed, Secretary General of the Kenya Red Cross Society, said: “This signing is a further demonstration of our commitment to working with private sector actors to explore and integrate into our work innovations that can improve service delivery. community services.

The BelYo platform enables seamless interoperability of health data while protecting individuals against surveillance, discrimination, fraud and exclusion, where the data created is secure, accessible and private. The data will be encrypted and only the necessary information will be shared through the Belrium blockchain network where only the authorized recipient will be able to access the information. BelYo’s DApp is built on the Belrium network, a patented KYC-compliant hybrid blockchain.

“Having been part of the world’s first open-loop blockchain pilot led by KRCS, it is good to see KRCS and BelfricsBT joining forces again to be part of another landmark blockchain program. BelYo is a complete, interoperable and KYC-compliant system that will provide better management, monitoring, communication, authentication and verification of health data in a remote environment,” said Jackline Gachiri, Principal Researcher at BelfricsBT.

Robert Grinberg, CEO of Life Clips, said, “This MoU with the Kenya Red Cross Society is another example of the leadership Belfrics is taking with its blockchain solutions. Mr. Grinberg continued, “The Belfrics blockchain has the ability to improve the quality of healthcare and education for millions of people by providing new solutions to increase the security and protection of personal healthcare data.

About Us

Life Clips is the parent company of Belfrics Global and Cognitive Apps Software Solutions Inc. Belfrics Global is a Malaysian blockchain and cryptocurrency exchange and platform provider that is authorized and regulated by the Labuan Financial Services Authority ( LFSA), Malaysia. With 10 operational offices in 8 countries, Belfrics’ multi-function trading platform offers digital assets, cryptocurrencies and crypto derivative contracts to its clients. The Belfrics blockchain has been recognized by Gartner as one of the top 10 blockchains in terms of actual projects and has been awarded a patent for its Belrium KYC Verification System (BKVS) by the Nigerian Patent Authority. Cognitive Apps is disrupting the mental health space with its speech-based, AI-powered mental health analytics platform that enables businesses to measure, understand and improve mental wellbeing of their employees, patients and customers. Aiki offers CBT and IPT therapies using a chatbot that includes the voice analysis solution that takes into account other health data from Apple and Google HealthKit to perform a more accurate analysis of his mental health . Aiki was developed to capitalize on the trend towards artificial intelligence platforms being used by individuals and businesses to raise awareness about employee mental health. Cognitive Apps is developed by a team of licensed psychotherapists who use voice biomarkers to screen for early signs of mental health issues, such as stress and depression. Aiki is available on the Apple App Store.

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This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be prefaced by the words “intends”, “may”, “will”, “expects”, “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified and, therefore, actual results may differ materially from those expressed. or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company’s research, manufacturing and development efforts; (ii) the Company’s ability to advance its products to complete their development and commercialization; (iii) the manufacture, development, marketing and market acceptance of the Company’s products; (iv) lack of sufficient financing to fund product development and commercial operations; (v) competitive businesses and technologies within the Company’s industry and the introduction of competing products; (vi) the Company’s ability to establish and maintain business collaborations; (vii) loss of key management personnel; (viii) the extent of protection the Company is able to establish and maintain for the intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (ix) potential non-compliance with applicable health information privacy and security laws and other state and federal privacy and security laws; and (x) difficulty in predicting government actions and regulations. Any forward-looking statements included in this press release speak only as of the date of this press release. The Company undertakes no obligation to update any written or oral forward-looking statement, except as required by law.

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