METHOD OF IDENTITY VERIFICATION TO BE MODIFIED BY VELIX.ID

Let's start by understanding fully well what identity is all about.....
IDENTITY is a condition or character as to who a person or what a thing is; the qualities and beliefs that distinguish or identify a person or thing. To this effect, i can conclusively say that Identity totals every information about a person or a thing.

However, it's obvious that the reveal of one's identity is very important to our modern day life were issues of scamming, spamming and thefts are like a tradition. In no doubt knowing much details about someone is very crucial but the harm caused by this development can not be over-emphasized. This is summarized by the way the verifier goes about this identity verification.
For instance, imagine a very sick patient rushed to the accidents and emergency unit of a hospital passed away because of the time taken by the verifier to do the needful. On the other hand, a traveler missing his flight because the time taken by the passport verifier.
Again, reports of people's identity information tempered with are everywhere, owing to the mismanagement of such information by the verifier. In line with this, issues of hacking into people's email account as a result of the information supplied to various sites are also hydra-headed.

All this issues of delay and misappropriation of identity verification has aggravated a team of experts to come up with a project known as Velix.ID to modify and improve our present method of identity verification.

WHAT IS VELIX.ID

This is a RegTech start-up which allows for a seamless exchange of verification over blockchain between businesses & organizations near-instantly, with the explicit consent of the user, that can be obtained in real-time.
Velix.ID aims at solving the problems of financial costs, time consumption, privacy, and security concerns in the Identity Verification Space by introducing a decentralized Ecosystem for Identity Verification that puts both Users and Businesses at an advantage. On this note, Velix.ID platform is user-optimized (i.e. time and cost efficient), decentralized (does not store data in any central database), transparent (the authenticity of transactions can be verified by anyone), secure (even if Velix.ID systems are breached, it does nothing to compromise the User’s data), obscure (the Users’ privacy is protected at all times), and universal (near-instant ID verification without geographical restrictions).
Also, Velix.ID aims to become an ecosystem for all stakeholders in the IDV industry — by offering an open, secure, reliable and trusted blockchain smart contract that can become the base of a trust-framework subscribable by all the stakeholders; whether identity holders, verified-identity providers or the verified-identity seekers.

CHARMING FEATURES OF VELIX.ID.....

User-Optimized; The Velix.ID ecosystem is both time & cost efficient; the time and cost incurred in verifying identities is reduced significantly both for users and businesses.
Decentralized; No single point of failure can occur in the Velix.ID ecosystem; compromise of a node(s) does not affect the rest of the ecosystem.
Transparent; Transactions on the Velix ID blockchain can be seen by everyone. Verifiable authenticity exists for every transaction made.
Secure; User’s data is not stored with Velix. Even if Velix.ID systems are breached, it does nothing to compromise the data of the User.
Obscure; Using zero-knowledge-proofs, the latest in the blockchain technology, Velix.ID blockchain ensures the privacy of transacting parties from other users on the blockchain.
Universal; VXD tokens globalize the platform by facilitating near-instant autonomous transactions between anyone across the world irrespective of geographic boundaries.

VELIX.ID TOKENS

All transactions in the Velix.ID ecosystem are made in VXD tokens. VXD tokens are primarily utility tokens meant to facilitate the exchange of verified identities on the Velix.ID ecosystem, and not meant to be used as a trading currency.

INFORMATION ON THE TOKEN SALES....

CONCLUSION....

Finally, we should bear in mind that if Velix.ID project succeeds, it will benefit everyone of us because problems with the present method of identity verification has eaten deep into every human in one way or the other. On this note, i advise everyone of us out there to join hands to make this project a success by purchasing VXD tokens to enable the team members have enough funds as it's the main criteria to make the project a success.

TEAM MEMBERS.....

Below are the team of professionals that came up with this project. With the the portfolios each of them has acquired we are already convinced on the outcome of this project.