introduction
We know the government uses different identity verification mechanisms to create sustainable solutions for various tasks. One of the key elements in this scheme is trust. People have lost faith in government-run schemes to collect and store their identities. The digital playground becomes too difficult for the government. It's hard for ordinary people to trust someone in a scenario like this.
The challenge of hack data and security breaches has evolved day by day and the sad truth is nothing to do about it. Public concerns about Privacy and their personal data are valid but ignored by the authorities who collect them. We can not help but think of current technology that can provide the security needed for the security of personal data of millions of people.
Solutions offered
VELIX.ID offers a decentralized ecosystem of personal data management based on blockchain technology. Data is safe, transparent and stored in a decentralized location.
Ecosystems will take businesses and users on the same platform to take advantage of Smart-Contracted data-sharing mechanisms. Identity Verification and Data Sharing will have a new definition with the introduction of the platform.
ICO and Team Information
To create a platform of trust and transparency, they need support from the community. 100 Million VXD Tokens are made for projects where 50 million are available to many people. Token Presale is currently live and ends on February 9, 2018.
The main ICO begins on February 10, 2018 and continues until March 5, 2018. The team is experienced in technology and business.
Conclusion
Today, No longer is the name and address of an identity, but the presence in the digital world meets your identity requirements. Traditional identity verification methods like PAN cards, Social Security Numbers have become digital and face the risk of data hacking and security breaches. Often public data has been compromised due to lack of proper security measures by governments and private companies. Data security is the main concern of users sharing their data with the authorities.
Therefore, creating a secure mechanism for storing and sharing data is the main purpose of this application. As technology advances, data will be the most important asset of the digital world. I think they have provided a secure tool for the management of our personal data.
FOR MORE INFORMATION CLICK ON LINKS IN THIS BWAH:
Website : https://account.velix.id/
Whitepaper : https://www.velix.id/assets/Velix-White-Paper.pdf
Twitter : https://twitter.com/VelixId
Telegram: https://t.me/velixID
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AUTHOR:Damkar58
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