VELIX.ID-A GLOBAL PLATFORM FOR IDENTITY VERIFICATION

The cyber world is a virtual world with no clear boundaries. The world is formed from the unification of information and communication technology. Any information, ideas, and ideas, basically just a combination of rows 0 and 1. In the world of caliber everyone can be anyone. Anonymity or pseudonymity is the right of everyone to interact, both communication and transactions, in the cyber world. This principle is built on the notion that anonymity and pseudonymity are forms of freedom of expression, and both are ways of protecting themselves from all forms of interference from others in communicating. However, in many transactions and interactions, the parties need a clear identity so that any interaction can be legally accountable.

Identification can be interpreted as the determination of identity on the living or the dead based on the characteristics that exist in the person. Advancement of science and technology today bring prosperity for human beings in all areas of life but also cause unexpected results. One of the unexpected consequences is the increase of quantity and quality regarding the way or technique of the implementation of the criminal acts, especially in relation to the efforts of the perpetrators of criminal acts in the effort to eliminate the evidences, so that it is not uncommon to find difficulties for the legal officers to know the identity of the victim.

The birth of Velix.ID
Velix.ID is a platform to enable the verification of frameless identities around the world. The method of identifying contemporary identities takes too long to process, causing huge financial losses for both businesses and individuals, and often endangers the personal information of users.
Velix.ID will also build ID cards, NFC devices & software to install the Velix.ID verification system in restricted areas of entry, such as offices, educational institutions, or subway stations etc. Velix.id's main market targets are India and Australia which have more than one billion identities to use.

Velix.ID, is considering a world, in which individuals control their personal information and what information they share with whom. Velix allows verified exchange of identity between businesses & organizations almost instantaneously, with explicit consent from Users, which can be obtained in real-time.

Velix.id's Recommended Solution
The Velix.ID team sees issues with the modern verification system. In today's system, identity verification is very troublesome. Users are required to submit their IDs at any point of time.
The solutions to be provided for Velix.id users are as follows

• Storing data in a centralized database makes identity information vulnerable to bulk data violations or abuse in the hands of the authorities concerned (such as selling your information to advertisers without your explicit consent). Blockchain technology allows this information to be stored in general ledgers anonymously without any authority having a single control over this information.
  -Easy Transaction: A unique, memorable 8-digit alphanumeric ID that can be shared globally with anyone to enable seamlessly share identity information without repeatedly providing the same information repeatedly.
• Mandatory User Approval: The identity holder should always be responsible for how and where their identifying information is shared. Any identity transaction can not occur between two parties without the explicit consent of the identity holder.

How Does Velix ID VXD Work?
Velix.ID tokens, or VLX, equipped with a fixed inventory of 100 million. Verified identity transactions take place using Verification Stamps, or VS, on the Velix.ID ecosystem, and 1 VS = 0.1 VLX, which is equivalent to 10,000 VEL.
Velix.ID chose to introduce their own original ecosystem token for quick and automated settlement in their smart contract. VLX tokens can also be easily deployed in all jurisdictions. In addition, they are protected from the volatile nature of other tokens.