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Tuesday, February 20, 2018

VELIX.ID - Platform To Allow Identity Verification

Hello every friend, on this blog I will describe about Velix.id project and for more details let's just go to the following discussion:

Velix.ID is a platform to enable the verification of frameless identities around the world. Contemporary identity identification methods take too long to process, causing huge financial losses for both businesses and individuals, and often harm the user's personal information. identity verification has not occurred is the absence of a proven / proven trust framework that all institutions can globally, to share costs and account for identity verification. Velix.ID aims to bridge this gap by building a universal ecosystem, unclear, transparent, decentralized, time-saving and cost-effective for identity verification.

Identity Identification Methods are currently too slow and inefficient for consumers and businesses - with identity verification costs close to $ 100 billion a year.

Time Consumption
The current identity verification process can take from days to weeks to months; abundant resources are otherwise able to generate income.

Personally identifiable information (PII) is leaked at various stages in the ID verification process that results in unsolicited use.

Data stored in a centralized location is vulnerable to data breaches and mass violations and risks that expose user identity.

Financial loss

  1. The ID verification process creates significant fiscancial costs for businesses.
  2. The solution
  3. Users

Decentralization: Platforms that do not store data in a central database - instead of putting them in an encrypted ledger - make it safe from mass data breaches.

Unique ID: Any user registering at Velix.ID will get a unique, easy-to-remember alpha 8-digit numeric ID.

Approval: User authorization is mandatory for all ID information transactions.
Trusted: The user controls his data data at any time.
Improved Customer Experience: Users can access services easily and instantly without having to register or enter identification information repeatedly.

Resource Conservation
Cost: Cost for new customer acquisition and identity verification down.
Time: The time spent on registration, collection and verification of identity information is significantly reduced.

Model Token VelixID
Grows in Value: Values ​​grow along with Platform growth and demand for identity verification.
Powered by Identity: A utility token that can be used to verify / share a verified identity on an Ecosystem.
Meets Legislation Standards: Utility-based token model that does not violate regulatory standards.
Can be traded, usable, and liquid: Use to verify identity or trade / sale in the market.

Allocation of Token

  • Token Ticker: VXD
  • Total token: 100,000,000 VXD
  • Token Sale: 50% (50,000,000)
  • Team: 16% (16,000,000)
  • Community: 4% (4,000,000)
  • Reserves: 30% (30,000,000)

    For more research on Velix.id at this time, please visit some Links below:

    Bitcointalk user name :Icaica22

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