Overview:
Every day, we see new product in the market but after some period of months, they will be nowhere to be found again. The truth is that people want a new type of product in the market; but many innovators never have time to do any feasibility studies about their product that will make them pull through what will distinguish their product from existing once.
Again the rate of global identity theft is increasing, whereas records are stolen
There is a platform that is on to solve all the above problem.
Velix.ID as a platform helps investors to assess their team's originality whether their concept is feasible or not. Also, Velix.ID is a global platform for frictionless identity verification.
What is Velix.ID
Velix.ID is a platform built for identity verification service which base on blockchain.
In Velix.ID,identity verification are done through the Velix.ID mobile appwhere users verify their identity by scanning their fingerprint.
Velix.ID can is also used to authorize requests of a two factor authentication system.
Problem
Some free services organization are violating some privacy; selling users information to an advertising company. These days, personal information is floating all over the internet. It is even funny these days that most of our photos we uploaded on social media are know longer owned by us.
Velix.ID Mission
Velix.ID has aimed to solve the problem of identity theft. Nowadays, is easy to steals someone’s identity especially if you have someone’s password and username and login into their accounts,
How Does Velix.ID Work
Velix.ID has to build a system for all stakeholders in the industry. The platform will offer a secure, reliable, and trusted blockchain smart contract that can become the basis of a trust framework.
Below is how all the parties involved will interact with the Velix.ID platform:
- Identity Holders:
Individual across the glob is classifies as an identity holder in the Velix.ID ecosystem. All identity holders on the Velix.ID platform have a significant number at which all of their data will be associated. In summary, everybody can use Velix.ID for their identity verification.
- Verified Identity Seekers:
This is a kind of organization that needs an individual’s verified identity, but don’t have what it takes to do the identity verification themselves. Theseset of organization can use the Velix.ID ecosystem as a Verified Identity Seekers
- Verified Identity Providers:
These are organization or firm that verify identity-related information for individuals and businesses. It can be multinational corporation, educational organizations, governmental organizations, banks, and other types of businesses.
Conclusion
Velix.ID is a smart verification system built on the blockchain. The team has build a future where you can use your Velix.ID to access an office building, order a pizza online, or check into a hotel. The core of the system consists of a blockchain and smart contracts
For more enquiry;
Website: https://www.velix.id
Whitepaper: https://www.velix.id/assets/Velix.ID%20White%20Paper.pdf
Facebook: https://www.facebook.com/VXDID/
Twitter: https://twitter.com/VelixId
Telegram: https://t.me/joinchat/EepaREQgVnyEBTlOmgwdbw
Published by: Romanbank
Bountyhive username: Romanbank