VELIC: LEVERAGING BLOCKCHAIN TECHNOLOGY TO DISRUPT THE WORLD OF FIN...

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Financing or financial systems play a vital role in our everyday lives as well as in the world today and owing to its usefulness, it is finding relevance in the crypto space today. But due to the fact blockchain technology and as such cryptocurrency is still in its early stages it has been met with issues which have ended up limiting its growth.
In the world of crypto-financing, yes there are blockchain platforms which have made this possible, but a recent study has shown that these platforms are yet to fully meet the requirements of users in this case institutional investors.
In every evolving system, the need to tackle challenges at the early stage will go a long way in piloting the said platform to the required height. So it's not a surprise that a group of individuals having fully understood as well as realized the potential of crypto-finance in the world today set out to enhance and advance the said system.

But it's worthy to know these issues which have limited current crypto-finance platforms.
At the mention of hacking, believe me all individuals tend to be smart and protective even though most time the unfortunate events still unfold. I once read a post which says, to hack a blockchain platform it is highly costly and time-consuming thus making it practically impossible for cyber attacks on a blockchain platform to come to fruition. But the services or the DApps which are launched on the said blockchain platforms can't be spoken for that is to say they are prone to hacking. In the same way, price volatility of crypto assets has made many investors feel like it's not worth it, and as of today, crypto assets are yet to be seen as a store of value.
Also, inappropriate risk management has shown that most if not all existing crypto-finance platforms are yet to show to their investors that they are equal to the tasks they embarked on. If the team shows unseriousness how then can the funds within their care be safeguarded? This is another point of concern for investors.

Furthermore, lack of adequate products and services which will connect investors and as such making them comfortable within the crypto-finance space is another issue which has also lead to a huge gap between fiat asset and crypto assets platforms.
Indeed one can't blame some investors for the decisions they tend to make most times, but as with the blockchain technology, it has offered a platform where amazing potentials can be discovered thus leading into solving one issue or the other; thus with blockchain technology a platform has risen to give investors the right services they need, a platform known as VELIC.

WHY DO WE NEED VELIC?

The need for a solution can't be overemphasized, thus that's the reason why VELIC is needed. VELIC is an outstanding crypto-finance platform whose aim is to make sure there is a great change in the financial services within the blockchain world. VELIC will leverage on blockchain technology thus ensuring it offers top-notch crypto-finance products and services which will duly be secured in all diverse areas.
This top-notch crypto-finance products and services which VELIC will offer institutional investors will go a long way in changing their perspectives of financial based crypto services.

One question? What are these products and services VELIC aims to offer?

Asset Management Services: which will ensure there is proper risk management of investors assets.
Vault Services: which will be used for security of assets as well as private keys.
Loans Services: In a bid to make crypto assets a store of value, VELIC will offer loans where investors will use their crypto assets as collateral.
Crypto Asset Exchange: this will be linked to other services offered by VELIC thus making it convenient for investors.

One clear look at these suites of products and services will show that, this is all investors needs to get comfortable within the crypto-finance platform which they have been lacking.
For optimum performance, VELIC will utilize a secret sharing protocol which will be used to secure all aspects of the services it offers. It is worthy to know that this secret sharing protocol secures users or investors private keys, making it possible for recovery as well as ensuring it is transferable when the need arises.

CONCLUSION

Much can be said about VELIC as it has shown that its really out to ensure there is fair treatment to investors.
The token of the VELIC platform is known as VELT, it is also worthy to know the platform also has two other tokens VELA and VELD.
VELT will have a maximum supply of 15 billion while it will be mined and also used for varieties of services within the platform.
All these services offered by VELIC will be linked to its exchange