VELIX.ID : PROTECTS YOUR PERSONAL IDENTITY FROM CYBER FRAUD VIA THE BLOCKCHAIN
What if while relaxing in your home, you hear a stranger knock at your door, and you decided to open the door only to discover it’s the policemen searching for you for a theft or armed robbery case which you never had an idea about? This can really be embarrassing and can throw one’s built personality into a trash can. After thorough investigations, you discovered your personal Identification data was stolen while filling some forms from some unsecured websites?
You know that painful feeling of suffering a data breach which feels like discovering that someone rummaged through your bag when you weren’t looking. It’s a squawky invasion of privacy however related the stolen information is, whether impersonal (as a Social Security number ) or intimate (as years of emails, texts, and pics).
It’s been shown from researches that we sell out our privacies to cyber attackers once we login to various websites to catch up with our individual interest.These regrettable actions by hackers and online thefts have led some innocent people to the prison, some become mentally retard, led to broken marriages and homes etc.
With all these woeful impact in the society birthed a solution Velix ID. Velix ID is a project that aims to protect our personal identification from online ID hunters while we carry out activities peacefully.
KNOW MORE ABOUT VELIX ID
Velix ID is a decentralized platform built for the sole purpose of ID verification and protection through blockchain technology.
Velix.ID platform will be easily accessible by all users and has features such as security, privacy and reliability which are known as some of the advantages of utilizing a blockchain technology.
Velix.ID decentralized ecosystem will solve issues associated with Identity verification such as; financial costs, security and time consumption as related with identity verification.
CHALLENGES WITH CURRENT ID VERIFICATION PROCESS
INSECURITY- Data filled online or any required online platform are insecured and centralized. With the increasing records of users being prone to cyber attacks. We need to also know that our PII known as Personally Identification Informatiom leaks during our ID verification process.
HIGH-COST- It’s known that the processes involved in ID verification can be money consuming with researchers estimating about $100 billion a year. This is really high.
TIME WASTAGE – Identity verification process takes longer period than normal, sometimes it takes up to a month and this is so unfortunate. We won’t overlook the inefficiency of the processes.
VELIX.ID SOLUTION
Velix.ID will be solving these issues by dealing with users and businesses differently.
For Users:
Velix.ID encourages everyone to use its platform because it will be a decentralized platform in which data is not centrally stored (no central database).
Users will be issued unique ID upon registering in Velix.ID. With the aid of blockchain technology, users will have complete authority over there data and choose to handle it how they want.
Velix.ID platform verification process is fast for all and manages cost for users.
For Businesses:
Velix.ID promises users for business purpose a great platform where identification information is easily accessible and doesn’t require repeated processes.
Velix.ID platform already deals with high cost that are related to identity verification and customers acquisition.
Velix .ID adoption, manages time spent in verifying ID information, gathering,multiple sign-ups.
TOKEN SALES AND DISTRIBUTION
Velix.ID token VXD is a utility token and has a total supply of 100,000,000 only. VXD is divided into smaller units called VEL,
1 VXD = 100,000 VELs.
Velix.Id identity verification is done using Verification Stamps (VS), one VS is the cost of one identity verification transaction on Velix.ID blockchain.
In Velix.ID, 1 VS= 0.1 VXD= 10,000 VELs.
TEAM
PARTNERS
FOR MORE INFORMATION, CLICK ON THE LINKS BELOW
Join the Telegram Group: https://t.me/joinchat/EepaREQgVnyEBTlOmgwdbw
Follow on Twitter: https://twitter.com/VelixId
Follow on Facebook: https://www.facebook.com/VXDID/
Follow on Medium: https://medium.com/@velix.ID
Visit the Website: https://www.velix.id/
Whitepaper: https://www.velix.id/assets/Velix.ID%20White%20Paper.pdf
BOUNTYHIVE USERNAME - ijsera
BOUNTYHIVE PROFILE LINK - bountyhive.io/r/Ijsera
The new way of knowing who is who.. that is good
Very true. Velix.ID is an exceptional project.
I so much love this project but what do you think about the team behind this project, can they deliver?
Yes Velixs' got a versatile team in their specialties with uniqueness and they are up with this project. It's already a success
When will the token be distributed and listed on an exchange... Your article has really boosted my confidence in the project
Shortly, ICO's over now, if you couldn't purchase during ICO dont miss out on the exchange listing. Join Velix.ID telegram grp to get updates