VELIC: CREATING A HIGHLY SECURED CRYPTO-FINANCE ECOSYSTEM USING BLOCKCHAIN TECHNOLOGY SYSTEM.
Making digital money a by and large acknowledged monetary resource and furthermore manoeuvring in more financial specialists into the segment, certain issues should be address inorder to guarantee full versatility of the area. As far back as the disclosure of the digital money which incorporates: Bitcoin, Ethereum and so forth which was planned on the blockchain innovation framework, there has been a gigantic move to make cryptographic money a standard in the general public as far as exchange just as utilising unbending and first rate security convention using the blockchain innovation framework's smart contracts. Yet, in any case, there has been a great deal of obstructions to really actualise this designs.
The issues that should be tended to incorporates;
I. Absence of trust which exists in the framework on the blockchain innovation framework.
ii. Absence of refinement as far as instruments just as types of gear which for the most part is a factor that judicious financial specialists consider.
iii. The absence of hazard the board just as straightforwardness which needs in the framework is another factor to pay special mind to among others.
Be that as it may, in any case there is space for frenzy for potential crypto financial specialists in light of the fact that, the VELIC platform's principle belief system is to tackle ways or intends to address these issues.
VELIC PLATFORM
This is a platform which is a security engaged just as crypto money based platform which will take into account the formation of a wide scope of cutting edge items just as administrations that are crypto-monetarily based. The fundamental objective of the stage is to give or make accessible acess to foundation and expert crypto devotees to a stage with viable and effective crypto account instruments and hence compensating for the occasions they have been ineffectively served by the business. Additionally, first class security just as easy to understand platform with central advancement objectives just as long haul stage cooperation combined with supportability will be guaranteed upon the stage by guaranteeing tokenised motivators to its individuals at dispatch, scale up just as development platform
The velic platform guarantees to offer a platform which will be the best crypto resource trade that will fill the need of a portal to innumerable number of budgetary administrations.
PROBLEMS CURRENT TRADITIONAL CRYPTO FINANCE
- HAZARD OR RISK MANAGEMENT: This is likewise another issue under the security classification and its premise harps on the dimension of youthfulness shown by conventional crypto fund industry which this prompts or cause numerous items just as administrations to misfortune watchman of putting or better as yet setting down solid hazard resistance devices for judicious financial specialists. It incorporates: absence of straightforwardness, unfulfilled guarantees, publicity and so on.
- HACKING
This issue is assembled under the security issues confronting the current customary crypto fund framework the premise of this issue is that despite the fact that that blockchain throughout the years have been taken to be a stage with imposing safety efforts through its utilisation of smart contracts, yet anyway certain administrations just as applications that exists on the blockchain innovation framework are not unreasonably verified as blockchain itself and in that capacity they are inclined to digital assault just as human mistakes.
VELIC PLATFORM SOLUTION TO THE PROBLEM
As prior stated, the velic stage is out to state No to every one of the issues or obstructions been looked by the conventional crypto account industry and consequently make an easy to understand just as considerable platform for its clients. The platform intends to handle the issue of security by utilising its "mystery sharding convention" which is gone for giving any volume of advantages lost on the platform from either misfortune or robbery to the extent the benefit is stores in the velic biological system.
To address the issue of hazard the board, the stage will utilise a benefit the board item that will be equipped towards conveying a specific dimension of advancement just as customisation which convincing is absent in the business as of now.
THE VELIC PLATFORM TOKEN: The stage will highlight three essential tokens which all have a task to carry out on the velic stage. The tokens are:
A. THE VELT OR VELIC TOKEN: Velt token is the significant token which drives the velic biological system and can be mined through stage cooperation. It can likewise be gained through purchasing or moving any coin that is acknowledged on the trade stage of velic which additionally has an all out supply of 15,000,000,000
B. Vela/ Velic Authority
C. VelD/Velic Dollar.
FOR MORE INFORMATION ABOUT THE CAT.EXCHANGE PLATFORM
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Whitepaper: https://www.velic.io/web/download/VELIC_White%20paper_V1.01.pdf
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