VELIC PLATFORM

coinaddict (0)(1)in #velic • 6 years ago (edited)

Hi everyone, electronic money today is a new trend and is growing according to the development of technology but it still has problems with this financial market.

Although blockchain itself is safe, the bundled applications and services still contain errors that cause serious attacks to cause financial loss for users. In addition to the hacking incident, the entire industry is still immature, leading to many products and services that cannot serve risk management for investors. These issues include doubts by some players, the lack of transparency in processes and procedures including security, encryption errors, unfulfilled promises by service providers and advertising. communication and development timelines are not realistic. And Lack of secure infrastructure is one of the main reasons to further prevent the growth of the industry and the ability of electronic money to become an attractive prospect for investor caution.

VELIC is a security-focused e-financial platform on which a range of advanced products and services are being built and provided. The goal is to provide access to electronic money finance to investors cautiously, including organizations. VELIC e-money financial services will include Asset Management, Loans and Vault Services. The platform will be linked together by VELIC electronic money exchange.
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Features and characteristics

Vault
Secure storage access to electronic money assets. Includes major loss prevention and solutions for asset transfer in case of extreme events.
Electronic exchange
Provide the best experience and environment for electronic money asset trading by hosting a secure and transparent electronic money trading service.
Loan
Borrowing or lending electronic money assets with preferential interest rates.
I invest
A variety of investment products are used to achieve different levels of exposure to electronic money assets. Secure access to electronic money assets.
Crypto Asset
All these services will be based on e-money assets.
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Solutions

Security - protocol sharing secrets
Security issues still aggravate the e-money economy and this is a major factor that prevents faster growth of the industry. VELIC uses the Sharing Secrets sharing protocol to provide organizational-level security for basic VELIC technology infrastructure. This same protocol also protects all VELIC Platform services as well as VELIC users Electronic money assets and personal information. Under this protocol, private keys are encrypted and then divided into ‘shares for storage by multiple verified owners, including holders outside the VELIC ecosystem. Stocks cannot be aggregated by VELIC or any warehouse and the individual shares are of their own unused use. This protocol eliminates any single failure point while allowing rapid synthesis of private keys and thus access to electronic money assets.
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An account - fully integrated
VELIC platform users can access all products and services through a fully integrated account, available on the web and mobile.
Financial foundation
The electronic money landscape is deeply fragmented. Investors need to convert their assets between multiple providers for basic services such as loans and exchanges. This can be a cumbersome, time consuming and expensive process. Transfer of assets among suppliers also increases security risks. When launched, VELIC will provide an exchange of electronic money assets that will serve as full postal service to additional electronic money financial services. That will be given in the future. Finally, the VELIC platform will provide a wide range of complementary and fully integrated solutions, all accessible from a single VELIC user account.
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ECOSYSTEM

VELIC e-money financial services will include Asset Management, Loans and Vault Services. The platform will be linked together by VELIC electronic money exchange.
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Basic information about the project

    Symbol: VELT
    Total supply of 15,000,000,000 VELT
    Distribution: 90% of VELT exploitation, 6% for private and semi-public, 
    and 4% reserve related to VELIC services including stable coin issuance and lending.
    [Source](https://www.velic.io/)

VELT Lock-up: No
Exploitation amount: 13,500,000,000 (90% of total issued)
Operation time: 2 years
Daily exploitation: The total daily VELT extraction is fixed.
Users who receive VELT token, are prorated based on exchange transaction
fees compared to the total transaction fee exchange incurred on
VELIC Exchange for that day.
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Operational schedule: A separate link will be provided.

The Velic token economy
The economy of VELIC token to help solve this problem uses three proprietary tokens used in VELIC Platform, while allowing convenient access.
Get more into the rest of economic electronic money and more.
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VELT (VELIC token): VELT token that controls the VELIC ecosystem. It is exploited through the participation of the platform and can be utilized to combat services in the VELIC ecosystem in the form of a discount.
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VELA (VELIC Authority): VELA token has 1: 1 conversion rate with VELT token. By choosing to convert VELT token to VELA token, the owner will be able to receive discounts on transaction commissions.

VELIC will continue to allow smart investment through its market data analysis team to provide general market information, industry reports and quantitative analysis to our users.

VELD (VELIC Dollar): The VELD notification code is a stable coin that will be issued by VELIC and can be supported by a variety of assets including fiat, another stable coin (such as USDT, USDC and TUSD) as well as assets other digital. It serves as a constant value repository, maintaining the wealth of users in the VELIC platform.

ROADMAP
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