Stealing Your Identity in a Sophisticated Way

We’ve heard about the identity theft epidemic for so long that many have become numb to the news, and the large numbers — 50 million stolen credit cards here, 150 million stolen Social Security numbers there. But this is no time for complacency.

"Identity Theft can happen anywhere" be it in a office or a coffee shop. One out of every five people in the world is a victim of Identity Theft every minute. This means that if you feel you and your identity is secured then you are in a hypnotic state as you may don't even know that someone has already stolen your identity and is using it for some unsocial things and god knows what not. This can have huge repercussions on the individual as well as the society.

Since the time when Internet took over the world and one world and one home became a real thing , the problem of digital identity crisis took place. This made our identities and our privacy at risk. An umpteen number of measures were taken to protect one's digital identity but none one of it could provide one complete solution to protect your Identity until now.

Velix.ID has come up with a revolutionary idea to solve this identity crisis which the world is facing these days and give a lease of life to every victim of identity theft. Velix.ID is creating a platform to enable frictionless identity verification using Blockchain Technology. Now, blockchain is a revolutionary technology that has given the internet world a platform to use it for any purpose where everything on it is white and there can be no fraudulent activities on it. Now how this works is really technical as it uses certain codes and algorithms .

To cut the long story short blockchain is a platform which can eliminate the identity theft crisis from the world and Velix.ID is using one such platform to make the world a safer place to live in.