Apart from providing cheap and secure medium of transaction, banking the unbanked is also one of the lofty uses of the blockchain and it can never be overemphasised
Introducing Velic
VELIC ecosystem is an all encompassing cryptocurrency finance project intended for institutional investors and retailers. It has a purpose of producing alternate ground for doing monetary activities, like in loaning, merchant within crypto industry and to allow a transparent free level playing ground for all stakeholders. Different from other crypto-finance project where they do offered restricted financial services (loan or exchange), VELIC is determine to incorporate all of these services into its platform, nevertheless making it a strong platform. Velic project is available for retailers to investors, with the goal to unlock the most possible and chance provided within the crypto world.
Seven Key Features That Define Velic
Targeted Establishments: Investors are informed to be part of the complete crypto currency system to benefit greatly in future to come. With this idea in mind, it is wise to make a product which may be utilized by them, and thereby profited from it. At this side, VELIC plainly accepted that capitalist is one among their key customers. Targeting various capitalist in institution may be kind necessary required approach if VELIC needed to remain competitive with diverse loan, exchanges crypto-finance ecosystems. And this is often toughened by the actual fact that VELIC is supported by ICON and different effective players within the crypto business.
Private Key: One important decision from VELIC is their personal key system. It aims to determine security and complexity of storing personal key so as to help each user backup and store their personal key. The key is kind of simple, instruct the personal key, split it into completely separate elements then spread it out to many storage points. By doing this, the idea is to shape assured an important person has got to acquire and then interpret it.
Vault: It makes observe to sweeping system that stores vital information, for instance; personal resources keys. This space is very vital as a result of its likely to attack of that if thrive meaning that users investments and funds is going to be taken away.
Exchanges: Exchange is that marketplace for commercialism and purchasing of cryptocurrency. Thus, VELIC can put up a secluded and easy to identify interface which will offer its most efficient exchanging background.
Investment: It makes a innumerable assumption openings which will yield returns for the financial authority.
Crypto plus: The whole thing done on this platform is majorly crypto assets. VELIC can boost acceptance and uses of crypto currency across the globe.
VELIC Token: Velic project has its value token named ‘VELT’. The tokens are going to be obtained through Velic ecosystem. Conjointly, VELT tokens are going to be traded among users.
Conclusion
Loan is an open added capital for asset and Velic is extending it into crypto system. You would currently be able to gain entry to crypto credit at positive rates. Velic is all-in-one crypto-finance aimed for retail or capitalistic investors. It plans to create an alternate basis for monetary activities, like loan and exchange in crypto industry globally. It aims to determine security and complexity of storing personal key so as to help each user backup and store their personal key. The key is kind of simple, instruct the personal key, split it into completely separate elements then spread it out to many storage points
Important Links on Velic
Website: https://www.velic.io/
Whitepaper: https://www.velic.io/web/download/VELIC_White%20paper_V1.01.pdf
Facebook: https://www.facebook.com/velicfinancial
Twitter: https://twitter.com/velicfinancial
Telegram: https://t.me/velicfinancial
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