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Velix.ID is a Platform to Enable The Verification of Frameless Identities Around The World


Posted By (doblok)

ETH: 0x45CC001673969f7a5e77ab858BaD85d650427227


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About Us

Velix.ID is a platform to enable the verification of frameless identities around the world. The method of identifying contemporary identities takes too long to process, causing huge financial losses for both businesses and individuals, and often endangers the personal information of users. The reason why the interference in the identity verification room has not occurred is the lack of a proven / proven trust framework that all institutions, globally, can afford to share cost and identity verification responsibilities. Velix.ID aims to bridge this gap by building a universal ecosystem, unclear, transparent, decentralized, time-saving, and cost-effective for identity verification.

We, at Velix.ID, are considering a world where individuals control their personal information and what information they share with whom. Velix allows verified exchange of identity between businesses & organizations almost instantaneously, with explicit consent from Users, which can be obtained in real-time.

We utilize the Smart Blockchain Contract, Zero Knowledge Proofs, and Stellar Consensus Protocol (SCP) to build an ecosystem that optimizes time & cost sources for businesses and consumers to their full potential. In line with its mission, Velix.ID will also build an identity card, device & NFC software to install the Velix.ID verification system in restricted areas of entry, such as offices, educational institutions, or metro stations etc.

What technology are you using?

We use blockchain, smart contracts, zero evidence of knowledge, proof of elapsed time (Poet) and the Stellar Consensus Protocol (SCP). For more information, please check the technical section on our white paper (p.16-p.22).

What benefits will I get using Velix.ID?

As a User in the Velix.ID ecosystem, you are paid to participate in the identity verification process. In addition, the Velix.ID ecosystem is also designed in such a way as to protect your privacy and keep your information safe.

Consumers are increasingly becoming more concerned with how their privacy is protected when
they share their personal information with the business. This concern is also not in vain,
because of frequent violations.

Velix.lD aims to solve the problem of financial costs, time consumption, privacy, and security issues in the Identity Verification Room by introducing a decentralized Ecosystem for Identity Verification that makes Users and Business profitable. Such platforms are optimized for users (ie time and cost-effective), decentralized (not storing data in the central database), transparent (authenticity of transactions verifiable by anyone), Safe (although the Velix.lD system violated, no User data compromise), Obscure (User privacy is protected at all times), and Universal (almost instantaneous ID verification without geographical restrictions).

Velix.lD aims to be an ecosystem for all stakeholders in the IDV industry - with offer smart contracts blockchain that is open, safe, reliable and reliable can be a trustworthy framework basis that all stakeholders can trust holders; whether identity holder, verified identity provider or identity seeker verified.

Features of ICO and Velix.ID tokens
For work ready VXD tokens based on Ethereum platform. The ICO token fee is estimated at 1 VXD = 1 USD. A total of 50 million tokens are expected to be offered for sale.
The main advantage of investing in VXD tokens
Stable growth in value along with the development of the platform.
Work with tokens to verify the distribution of trusted identifiers.
Compliance with regulatory industry requirements.
Ability to test markers to verify identity and identity in trade and commercial fields.

Token distribution schemes:

  • 45% for platform development.
  • 25% for marketing and partnership tasks.
  • 20% - required operating costs.
  • Purpose of the study - 5%.
  • 5% - other costs.
Roadmap

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Team

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Reference to project resourc

Official website: https://www.velix.id/
Technical document: https://www.velix.id/assets/Velix-White-Paper.pdfes:
Twitter: https://twitter.com/VelixId
Facebook: https: //www.facebook.com/VXDID/
Telegram: https://t.me/velixID

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