Velix.ID is a platform to enable frictionless identity verification across the globe.Velix.ID is utilizing blockchain Smart Contracts, Zero Knowledge Proofs, and Stellar Consensus Protocol (SCP) to build an ecosystem that optimizes time & cost resources for both businesses and consumers to their maximum potential.
Here are a few different things which helps us to differ from our Competitors:
- Velix.ID is targeting developing markets with a user base of more than 1.3 billion people where people usually do not have much knowledge about identity theft and the repercussions it can have on them.
- Velix has a well defined user PII that gives the user transparency and power to share what and how much data they want to share.
- Velix.ID is working on utility tokens known as VXD tokens, which can either be used to avail services or can be exchanged for any cryptocurrency through cryptocurrency exchanges.
- Velix.ID will be working on its very own blockchain with POET mining which will help the Velix.ID ecosystem to maintain complete transparency and function perfectly through the reward system.
These are some of the basic things which helps Velix.ID stand out from hoards of ICO's claiming to solve the problem of Identity crisis.
Velix.ID is one such project that is about to bring a revolution in Identity Verification space.
To know more about Velix.ID you can check their website.