FELIX.ID - A Decentralized Ecosystem for Identity Verification that makes Users and Business profitable.

gomes1 (28)in #blockchain • 7 years ago

During the interaction on the internet, you certainly enter a lot of information about the biodata yourself on the internet. This can be something as simple as entering your name, gender, and email ID, or entering more intimate information such as your date of birth, residential address, phone number, medical record, or credit card details.
Is it safe to share all the information on the internet? Could the trust be made with random websites on the internet to share personal information that gives your identity and makes you vulnerable to spam and identity cheating?
Actually, this is not just a random site on the internet that needs to be wary of. You share your personal information anywhere. You provide your personal information when ordering pizza, open a bank account or trading account, purchase a new driver's license, or apply for a new job; and, this is just the tip of the iceberg. If you take a moment and think about all the interactions you have done in the past week or so, you will realize how many times you end up providing information that endangers your privacy. This information you shared is not as safe as you think. A study conducted between March 2016 and March 2017 by Google and the University of California Berkeley (UCB) together shows that data breaches are responsible for the highest number of user credential compromises. Velix.ID provides the solution.

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What is Velix.ID ?

Velix.ID is one of the leading companies that establish an identity verification service that aims to prevent unwanted things with the help of the blockchain system. Examples such as the stolen account of people who are not responsible, one example image above by scanning fingerprints through cellular phone, the account that we use will be more safety (safe) from interference it. By using Velix.ID we can verify the appropriate owner data on the account so as to reduce the negative things we do not want like hackers / keylogger / privacy and so on.

Velix.lD is a Decentralized Ecosystem for Identity Verification that makes Users and Business profitable.
Platform Velix.ID optimized user (ie time and cost-effective), decentralized (not storing data in central database), transparent (authenticity of transactions verified by anyone), Safe (although Velix.lD system is violated, no User data compromise) Obscure (User privacy is protected at all times), and Universal (verification ID almost instantaneously without geographical restrictions).

Destination Velix.ID

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.

Velix.lD aims to be an ecosystem for all stakeholders in the IDV industry - by offering open, secure, reliable and reliable smart contracts blockchain which can be a trustworthy trustworthy base of trust by all stake holders; whether an identity holder, a verified identity provider or a verified identity seeker.

Feature Velix.ID

Universal Ecosystem
Velix.lD is not limited to citizenship or certain geographical boundaries. The absence of a central authority in the verification process in the Velix ecosystem.ID allows the Velix.ID Ecosystem to be adopted globally.
Velix.ID has its own token, called VLX token, which helps globalize the platform by facilitating almost instantaneous autonomous transactions of people around the world irrespective of geographic boundaries.
Transparent Ecosystem
The fact that the transaction has occurred on the Velix.ID blockchain can be viewed by any individual. This makes the Velix.ID Ecosystem flawlessly transparent providing authenticity that can be verified for every transaction performed in blockchain.
Defecentralized Ecosystems
With Blockchain, Velix.ID is able to decentralize the entire infrastructure in a way that every institution can verify and authenticate the transaction of information recorded in the transaction ledger. Since the Velix.ID system is decentralized, there is no single point of failure.
Safe Ecosystems
Velix.ID does not store data about users who use it. There is no centralized database that stores information about transactions, the information is somewhat stored in a distributed ledger system (Blockchain) in an encrypted way that makes all transactions anonymous. even if the Velix.id system is broken, it does not compromise user data. Also, since Velix.ID uses Smart Contracts to set up the system, there is no possibility of manipulation in the system.
What makes the Velix.ID ecosystem really safe for the Identity Holder is that no transaction information (verified identity) can occur without the explicit consent of the identity holder.
Hidden Ecosystems
By using zero-knowledge-proofs, the latest blockchain technology, Velix.ID blockchain ensures the privacy of transacting parties from other users in blockchain. No details about the contents of the transaction are disclosed to anyone except those who transact through traditional identity verification methods. The time required to verify identity is also reduced, as transactions are recorded and verified almost instantaneously through Velix.ID Blockchain.
Operating User Ecosystems
Verifying identity is usually a tedious process that creates enormous financial burden on verified identity seekers, not to mention the resources lost due to the time spent in the verification process. However, the purpose of Velix.ID is to make user-oriented identity verification processes as much as possible. The Velix.ID ecosystem will reduce costs significantly because there is little cost to be paid to identity providers verified by verified identity seekers, which are significantly less than the costs incurred.

The experience and expertise of the famous team
The team consists of 25 years of experience in technology, innovation, entrepreneurship and successful start up business. The team includes ambitious individuals from India, the United Kingdom, the United States and Australia, with an understanding of the ins and outs and the characteristics of a secure crypto exchange. The Velix.ID project author is also known for the content and development of one of India's largest cryptographic sources called Identity Space and Blockchain thematic communities.
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