Velix.ID is an Identity (ID) check stage based on the Bock chain. Clients recognize their ID by means of the Velix.ID Mobile application. Velix.The ID can be connected to approve asks for or to go about as the second phase of a 2-factor check framework. The Velix.ID framework rotates around the utilization of VXD tokens, which are as a rule now sold at cost of $1 from Jan 2018. The stage is planned to be prepared for open, overall discharge by Oct 2018.
What issues Does Velix.ID Seek To Solve?
Plainly, the significant issue Velix tries to illuminate is the issue of ID robbery. Presently it is excessively straightforward, making it impossible to manhandle and takes somebody's ID. In case you're some person's username and secret key, you may be competent to sign in to the vast majority of their profiles, for example.
Protection ruptures are additionally a worry. Presently, free of cost administrations are skilled to offer free administrations since they pitch buyer data to publicizing organizations. Singular information is skimming over the on the web. Each picture you transfer to the social stage is never again held by you. Velix.ID's sees an issue with the propelled ID framework. In current's framework, ID checks is a much issue. The client expected to present their recognizable proof at every crossroads.
These IDs are ordinarily GOVT approved driver licenses, SSNs, and travel papers and so on the ID is put to the firm that is asking for distinguishing proof, and after that that organizations need to recognize the ID is genuine. Both of these strategies result in money related misfortunes for both the firm and clients. It is an unreliable framework.
A couple of these general issues Velix.ID looks to fathom include:
• Unwarranted financial misfortune for both confirming gatherings and clients
• Lost time amid the affirmation strategy
• Lack of responsibility for
• untruthfulness or blunder in treatment of data
• Possibility of ID misrepresentation
• Modern information affirmation administrations store singular information in siloed, brought together framework that stance enormous hacking targets
How Does Velix.ID (VXD) Work?
How does the VXD plan to explain the issues recorded previously? Velix.ID stage means to make a framework for each partner in the IDV area. Those issues will give an open, sheltered and sound, trusted and dependable square chain smartcontract which you can transform into the premise of a put stock in framework. Every last partners, including confirmed ID suppliers, Identity holders, and checked ID searchers can SUB to this framework.
The Velix.ID (VXD) ICO
The dispatch estimation of VLX-tokens is simply $1
Out of the aggregate supply of VLX tokens 50 percent are being circulated amid the token deal. The rest of the VLX tokens are being scattered to the group (16 percent), bounties and group (4 percent), and a hold subsidize (30 percent).
ICO Details
• Token: VXD
• Price: 1 VXD = 1 USD
• Platform: ETH
• Bonus: accessible
• ICO date: 2018-03-07/2018-05-15
• Accepting: ETH, BTC, XRP, LTC
• Minimum venture : 0.1 ETH
• Soft-top: 2,500,000 USD
• Hard-top :23,800,000 USD
• Country: Singapore
In case you're keen on Velix ID, these are the essential connections:
Official Website: https://www.velix.id/
Bitcointalk string: https://bitcointalk.org/index.php?topic=2721724.msg27846809#msg27846809
WHITE PAPER: https://www.velix.id/resources/Velix.ID%20White%20Paper.pdf
Twitter: https://twitter.com/VelixId
FB: https://www.facebook.com/VXDID/
Reddit: https://www.reddit.com/r/VelixID/
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