Velix.ID

Velix.ID platform will provide identity verification services and aims to solve a bunch of problems related to this field. The first one is security of private information which is often compromised when it is kept in a single, integrated place. The second issue is related to financial costs applied for checking the identity of a person and the third – amount of time spent on this process. Velix.ID promises to change the principles of managing private data and verifying people’s identities. With introduction of blockchain technology, it will be possible to avoid central databases and to use decentralized public ledger for storing personal information in an encrypted form. Every user will receive 8-digit alpha numeric ID, which can be used by any business for verifying his identity. This approach will speed up identification process and will make it cheaper.