Almost all over the world, everyone has social media. Such as Facebook, Twitter, Instagram, Telegram, Linkedin, and so forth. The purpose of social media is different, although most of the essence to establish communication, Every social media has advantages and disadvantages of each
Internet technology has created a lot of social media. Today, so much social media helps you connect to the world. Some social media like Facebook, twitter, youtube, telegram and more definitely help you in getting information. Not just information, through social media, helps you find friends.
But sometimes some people do not want to have social media because of privacy security issues. Especially for a public figure where many people want to know about his profile either the phone number, home address and others.
Through the internet, we can connect to the whole world. Even someone can find our address through GPS technology. Especially if you install an application or any social media would require data verification. Such as must fill Email, Passport, Identity card, Home address, and Phone number.
This is where people sometimes feel risky with contemporary methods that are a little inconvenient and worry about their privacy spread, but data verification must still be done. The problem often faced such as:
-The identity theft
– Ads that are not in want
– underage child safety, etc.
For that Velix.ID has the progress to provide a solution so that your identity is secure by creating a platform to verify identity globally.
Velix.ID is a platform to enable frictionless identity verification across the globe. It allows for a seamless exchange of verified identities between businesses & organizations near-instantly, with the explicit consent of the User, that can be obtained in real-time.
And Velix.ID is decentralizing the verification process using Smart Contracts, Zero-Knowledge Proofs, and Stellar Consensus Protocol (SCP) to build an ecosystem that is universal, obscure, transparent, decentralized, time-efficient, and cost-efficient. Velix.ID plans to integrate its ecosystem across all major vertical like Cryptocurrency Trading, Real-Estate, Travel & Hospitality, Banking & Insurance, Employment, Commerce, Transport. The platform comes with a plethora of cutting-edge solutions which set to make it the dominant company worldwide.
Velix.ID by Combining Blockchain Technology
The blockchain technology has unleashed itself and is making waves in virtually every sector of business and sphere of life. By combining Blockchain Technology, 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.
One of the very key industries where this technology is making fresh waves is the very important sector of identity verification. Our Online identities now represent a majority of our concerns than our non-online identities due to the fluidity of the internet. This nightmare industry cost individuals and companies tens of billions of dollars in lost money and data every year. With the entry of the blockchain technology into this field, one company that is setting standards well beyond all others is the Velix.ID platform.
Velix.ID is a platform that has thought of all the solutions and with its ultimately user-friendly platform, its acceptance and eventual domination of this new industry will be incomparable to any other blockchain based platform trying to compete with it.
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 identity
Any user who signs up at Velix.ID will get a unique, memorable 8-digit alphanumeric ID
- User Authorization approval is required for all transaction ID information.
- Trusted Users control data at any time
- Improved Customer Experience
Users can access the service easily and instantly without having to register or enter identity information repeatedly
- Resource Conservation
♦ Fees for new customer acquisition and identity verification down.
♦ The time spent on registration, collection and verification of identity information is significantly reduced
Velix.ID and WandX announce a strategic partnership between the two companies towards the common cause of improving consumer services utilizing blockchain technology. Both companies will work in a synergy towards integrating the Velix.ID Ecosystem for frictionless identity verification with WandX, a decentralized cryptocurrency exchange for ERC20 tokens and ERC20 token baskets.
WandX seeks to establish an infrastructure for decentralized creation and trade of ERC20 Tokens built on the Ethereum blockchain. The pilot application allows users to create combinations of ERC20 Tokens (known as a Basket of Tokens) and trade the Basket by way of a single transaction.
VXD tokens are the native Velix.ID ecosystem tokens that can be utilized to verify/ share verified identities. And our Crowdsale begins on 17 April 2018 and will last until 15 May 2018.
- Price 1 VXD = 1 USD
- Platform: Ethereum
- Accepting: ETH, BTC, XRP, LTC
- Minimum investment: 0.1 ETH
- Soft cap: 2,500,000 USD
- Hard cap: 23,800,000 USD
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