19 th March, 2018
Press Mentions
19 th March, 2018
News BTC
31 th January, 2018
The Merkle
27 th January, 2018
Bitcoinist News
22 th January, 2018
Crypto Coin News
21 th January, 2018
Yahoo Finance
21 th January, 2018
Market Watch
20 th December, 2017
CoinTelegraph
20 th January, 2018
Business Insider
19 th March, 2018
TechBullion
20 th December, 2017
Coin Idol
14 th December, 2017
Gadgets Now
20 th January, 2018
Cision
20 th January, 2018
StarTribune
20 th January, 2018
InvestorPlace
20 th January, 2018
Criptonocias
20 th January, 2018
Seeking Alpha
Our Partners
BuyUcoin
BuyUcoin is a digital currency wallet and platform where traders and consumers transact with multiple digital currencies. BuyUcoin was founded in 2016 by Shivam Thakral, Devesh Aggrawal, and Atulya Bhatt. It currently serves more than 200,000 users and handles more than $30m in transactions with digital currencies like Bitcoin, Ethereum, Ripple, NEO, Bitcoin Cash, Dash available online.
Bancor
The Bancor Protocol is a standard for the creation of Smart TokensTM, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “connector” method to enable formulaic price calculation and continuous liquidity for all integrated tokens, without needing to match two parties in an exchange.
WandX
WandX is a decentralized exchange that seeks to establish an infrastructure for decentralized creation and trade of ERC20 Tokens built on the Ethereum blockchain. The pilot application allows users to create combinations of ERC20 Tokens (known as a Basket of Tokens) and trade the Basket by way of a single transaction.
Bazista
Bazista is an E-commerce platform which uses decentralized money to lower the barriers of online trading for any person in the world. The company puts large favor on new technology like blockchain, Augmented Reality /Virtual Reality, and artificial intelligence as means to overcome some of the key barriers to e-commerce growth.
Bitxoxo
Bitxoxo is the fastest growing Bitcoin exchange in India. It was founded in August 2016 and is the first Bitcoin exchange in India to launch physical Bitcoin Prepaid gift cards. Bitxoxo has devotedly driven the Bitcoin awareness sessions in India. With a series of workshops, seminars, guest talks, university activities and other collaborations throughout the country apart from Bitcoin trading.
Coinsecure
Coinsecure is one of the leading Bitcoin exchanges in India, and provides Bitcoin Wallets & trading services. Coinsecure also launched Coinsecure.info, India’s first INR based Blockchain explorer with a paper wallet and robust blockchain API—that allows users to search the Bitcoin public ledger in real time.
One Co.Work
OneCo.Work is a startup working in the co-working space. The company is working to promote startup culture in India by solving core startup problems such as those of Infrastructure, Capital, and Knowledge.
Blockchain Foundation India
Blockchain Foundation of India (BFI) is a non-profit organization that aims to connect all blockchain-based startups and their CXOs, government bodies, blockchain enthusiasts at one single platform to inspire, participate and collaborate in each other’s success in this growing industry.
I am a business owner and I want to connect to Velix.ID Verification Platform
Click the button below to fill the form. Someone from Velix.ID will contact you shortly.
“Each Year, the world loses up to $200 billion in Identity Fraud.”
On average, an email account gets hacked 3 times a year!
Anonymously Check If Your email has ever been compromised.
If you find your account breached, we strongly suggest changing your passwords.
Please Enter Valid Email.
What is Velix.ID
The Problem
Current Methods of Identity Verification are too slow and inefficient for both consumers and businesses — taking the cost of verifying identities to near $100 billion a year.
Time Consumption
Current process of identity verification can take from days to weeks to months; depleting resources otherwise capable of generating revenue.
Privacy
Data stored in centralized locations are vulnerable to multiple and mass data breaches & risk exposing the identity of the user.
Security
Personally Identifiable Information (PII) is leaked at various stages in the ID verification process which leads to unsolicitated use.
Financial Loss
The process of ID verification inflicts significant financial cost to the businesses.
The Solution
User
Decentralized
A Platform which does not store data in a central database - making it safe from mass data breaches.
Unique IDEach user registering on Velix.ID will get a unique 8-digit alpha numeric ID that is easy to remember.
ConsentUser authorization mandatory for all transactions of ID information.
TrustedUser is in control of his own data at all times.
Business
Improved Customer Experience
Users can access services easily and instantly without repeatedly requiring to sign-up or entering identity information.
Resource Conservation-
Cost
The cost for new customer acquisition and identity verification comes down.
-
Time
The time spent in performing multiple signups, gathering and verifying identity information reduces significantly.
Velix.ID Ecosystem
Key Features
User-Optimized
The Velix.ID ecosystem is both time & cost efficient; the time and cost incurred in verifying identities is reduced significantly both for users and businesses.
Decentralized
No single point of failure can occur in the Velix.ID ecosystem; compromise of a node(s) does not affect the rest of the ecosystem.
Transparent
Transactions on the Velix ID blockchain can be seen by everyone. Verifiable authenticity exists for every transaction made.
Secure
User’s data is not stored with Velix. Even if Velix.ID systems are breached, it does nothing to compromise the data of the User.
Obscure
Using zero-knowledge-proofs, the latest in the blockchain technology, Velix.ID blockchain ensures the privacy of transacting parties from other users on the blockchain.
Universal
VXD tokens globalize the platform by facilitating near-instant autonomous transactions between anyone across the world irrespective of geographic boundaries.
Comparison with Other Solutions
| Traditional |
|
||
|---|---|---|---|
| Decentralized Database | |||
| Unique Numeric ID | |||
| Primary Target Market | USA | India & Australia | |
| Target Market Size | Country Specific | 323 Million | 1.3 Billion |
| Information Liability | High | Medium | Low |
Use Cases
Access an Office-building
Visitors have to sign in a register every time they want to access an office area. With Velix. ID, a User can simply put in their 8-digits alphanumeric ID, and all their basic personal information such as Name, Address, Phone Number, and EMail ID can be shared hassle-free, and they do not have to share the same information at various offices again and again.
e-Commerce Checkout
Every time a person wants to order anything online, they have to put in their personal information such as name, phone number, email, address, etc. They have to repeat this process on every e-commerce website they want to order from. With the unique 8-digits alphanumeric Velix.ID, this process can be automated, and the User can just sign up using their Velix.ID for all of these websites.
Hotel Check-In
Every time a User wants to check into a Hotel, there is a host of formalities awaiting them at the Hotel reception that includes filling out lengthy forms and providing ID documents. With Velix.ID, the User can simply share their 8-digits alphanumeric ID, and all of your personal information and documents will be securely sent to the Hotel management.
Previous-Employment Details
Currently there are no dependable methods in the global employment sector to carry out background checks and authenticate information stated in Resumes, reference letters, and previous employer details. Validation of the details mentioned in the Resumes can be requested from each certifying authority through the Velix.ID ecosystem within a matter of minutes and a few taps on the smartphone’s screen.
VXD Token Model
Grows in Value
Value grows with the growth of the Platform and demand for identity verification.
Backed by Identity
A utility token that can be used to verify/share verified-identities on an Ecosystem.
Meets Regulatory Standards
A Utility-based token model that doesn’t violate regulatory standards.
Tradable, usable, and liquid
Use to verify identities or trade/sell in the market.
Advisors and Investors
Simon Dixon
Investment Advisor
CEO, BnkToTheFuture
Simon Dixon is the CEO & co-founder of online investment platform BnkToTheFuture.com who have invested over US$280m in FinTech, Bitcoin and Blockchain companies. An ex-investment banker turned Bitcoinder & author of the book ‘Bank to the Future’. An active FinTech, Blockchain & Bitcoin angel investor with investments in Bitfinex, ShapeShift, BitPay, Unocoin, Kraken, BitPesa, BitStamp and over 100 others. He has extensive space in the ICO space as well, with BnkToTheFuture's token sale having raised $33 m in 33 seconds; he has also been an advisor to Polymath. You will find Simon regularly quoted & appearing in much of the major press & media including BBC, FT, CNBC, Reuters, Bloomberg, Wall Street Journal to mention a few.
Read More
Tony Simonovsky
Marketing Advisor
CEO & Founder, InsightCryp.to
Tony is a serial entrepreneur with more than 14 years of experience in digital marketing. In 2017 Tony started helping launches token sales by developing marketing strategies and executing on them. Success stories KickICO (KickCoin Token) Done: all paid marketing, analytics, email marketing and a bit of PR.
Read More
Mickael Fourgeaud
Investment Advisor
CEO & Founder, PrimaBlock
Mickaël is the co-founder of Primablock, a Smart Contract As A Service (SMAAS) company for investment pools. He has been a driving force behind developing the technology of Primablock. Mickael has spent his life perfecting R&D, productization, and entrepreneurship, and his biggest interest is to work with and bring high end technology and UX to users as a mean to solve real problems. His recent focus other than Primablock has been on conducting research on communication and coordination of swarms of drones, VR/AR and Game Development.
Read More
Mohit Kalra
Strategic Advisor
CEO, CoinSecure
Mohit was one of the earliest adopters of Bitcoin and Blockchain Technology in India. Apart from being the Coinsecure CEO, he is also an angel investor and was one of India’s earliest and largest miners. Mohit has been a driving force behind the growth of Cryptocurrencies and Blockchain in India. A hands on CEO, he can always be found working on better ways to build on Blockchain Technology.
Read More
Prof Simon Choi
Legal Advisor
Founding Partner, Acme Ardent
Solicitor and linguist, is an international lawyer, qualified to practise law in England & Wales and in Hong Kong, China. Simon graduated from law schools of the Peking University, the University of London and the University of Hong Kong respectively, with an in-depth knowledge of Chinese laws and common laws and with more than 20 years experience in China practice and international trade, investment, finance, merger & acquisition. He is an adjunct professor of laws at the Zhongnan University of Economics and Law. Simon specializes in Cyber Law, Internet Law, and International Business Law. He has also been an ICO Advisor to multiple ICOs including trade.io, covesting, and Asset Token.
Read More
Manan Mehta
Strategic Advisor
CEO, Infinite Assets
Manan is the CEO of Infinite Assets that focuses on funding several Fintech, HealthTech, Blockchain, IoT & Tech start-ups across the world. He is also a Venture Partner at SeedChange and has been an advisor to many successful ICOs including PundiX, Elpis Investments, CannaSOS, Retainly, BestMeta, and WeDemand, and has worked on other sucessful ICOs as well including Crypterium, Pundi X, Shyft Network.
Read More
Simon Noonan
Technical Advisor
CIO, Sportsbet
Simon has 18+ years of experience in Leadership and Technology. As the CIO, Simon leads Sportsbet’s Technology team and is responsible for the strategy, customer experience design, delivery, development and operations of Sportsbet’s world leading ecommerce products & platforms.
Read More
Peter O'Neill
Strategic Advisor
President, FindBiometrics.com
Founder and President of FindBiometrics.com and MobileIDWorld.com, two of the internet's leading B2B IT security magazines. He frequently takes on high-profile speaking engagements with influential industry partners, moderating expert panel discussions at events like Money20/20, Mobile World Congress,Global Identity Summit and many more.
Read More
Julian Smith
Blockchain Advisor
CEO, Blockfreight
Julian is the CEO of Blockfreight™, Inc. and has 10+ years of experience as a Software Engineer. Blockfreight™—the blockchain of global freight—is an Open Source (MIT) network for global shipping and logistics.
Read MoreTeam and Contributers
Manav Singhal
CEO & Co-founder
Manav has 13+ years of experience in entrepreneurship & leadership in a wide variety of sectors—technology, e-commerce, luxury consulting, insurance and marketing. He is an executive Board Member at Blockchain Foundation of India, and has been one of the earliest pioneers of Blockchain Technology in India.
Balwant Singh
CTO & Co-founder
Balwant has 10+ years of experience in tech (content frameworks, mobile development, solution architecting, cloud platforms, serverless architecture apps, building smart contracts, and writing DApps.) He is also a creative technologist at the National Australia Bank, where he is currently working on innovations with tech, Ripple, Blockchain.
Neer Varshney
Head of Partnerships
Neer has 5+ years of experience in FinTech Journalism and academic Writing. She is a graduate of Economics and has a knick for Microeconomics and Mathematical and Statistical Modelling. She is currently associated with The Next Web as a staff journalist, and has also been associated with CoinTelegraph since December 2015 — connecting widely with the cryptocurrency and blockchain community and helping spread accurate information about the technology.
Somorin Roy
HEAD OF INVESTMENT & FINANCE
Roy has 6+ years of experience in financial analysis and software engineering. He is a computer science graduate specializing in automotive and machine design. Roy has worked with many Fortune-500 companies including American Express, Audi, BMW, and Harley-Davidson.
Guangling Yang
Blockchain Developer
Guangling is a full-stack developer with 3+ years experience in different fields of IT solution development, Enterprise Architecture and Product Design. He previously work at ANZ Banking Group and specializates in Digital Security solution design, he has a master degree in Information Technology from the University of Melbourne.
Mike Cunningham
Investor Relations
Mike is the Co-Founder of nDeva Recruitment and has 6+ years of experience in Business Development, Strategy and Team Leadership. He has worked closely with the IT and software engineering community during this time. He is extremely active and passionate in the Cryptocurrency and Blockchain Community in Australia.
Aajay
Public Relations
Partner at nDeva Recruitment & immersed in Melbourne's innovative tech scene, assisting in creating some of Melbourne’s top technology teams. Aajay is passionate about with cutting-edge tech startups and technology-driven companies, and interacting with the blockchain community and presenting them with exciting opportunities. At Velix.ID, Aajay helps with public relations and community outreach.
Team Experience
Token Distrubution
Total supply of VXD token is 100 Million
VXD is a ERC-20 compatible token on the Ethereum blockchain.
VXD Tokens Allotted : 35 Million
Token type : Utility Token
Purpose :
To be sold in the Private Sale, Presale, and Crowdsale.
Soft Cap : $2.5 Million
Hard Cap : $23.8 Million
All unsold tokens from the token sales will be burnt.
Availability :
Tokens will be instantly sent to the investor’s ERC-20 wallet through the smart contract.
35%
VXD Tokens Allotted : 16 Million
Purpose :
Founders, team, and advisors for their contribution towards the development of the Velix.ID product.
Availability :
For the founders, every 6 months, 25% tokens are unlocked from the smart contract. For team, 50% of the token are unlocked from the smart contract every 3 months. For advisors, 25% of the token are unlocked from the smart contract every 3 months.
16%
VXD Tokens Allotted : 4 Million
Purpose :
To run the bounty program and incentivize the community participants who aid in the development
of Velix.ID.
Availability :
Bounties:
100% will be available immediately.
Community:
50% will be available immediately.
50% will be locked in the smart contract for 3 months.
4%
VXD Tokens Allotted : 30 Million
Purpose :
30 million retained for future business partners onboarding and incentivising Velix.ID Users.
Read Announcement
30%
VXD Tokens Allotted : 15 Million
Purpose :
15 million reserved for a future crowdsale after 18 months.
15%
Fund Allocation
Road Map
June 2016
Conceptualization
A blockchain-based universal unique ID for each individual
June 2016 - March 2017
Research & Development
Testing the concept over Bitcoin's, Ethereum’s, Stellar’s and other available blockchains
April 2016 - November 2017
Validation
Architecting the idea with a hybrid blockchain of Ethereum and Stellar — validation of idea by technical advisors
December 2017
Public Launch
Concept launched publicly — Website, White Paper, and Public Communications, presenting the idea to potential advisors & partners
November 2017 - March 2018
Team Expansion
Seed-funding raised, team expanded with Developers, Blockchain & Smart Contracts Experts, and PR, Strategy, and Marketing Professionals
January 2018
MVP & Smart Contract
Minimal Viable Product developed and launched on play store, and Smart Contract Deployed
April 2018
Token Sale
Presale and Crowdsale for the VXD tokens with bonuses
May 2018- October 2018
MVP Beta Testing
MVP & Velix.ID Blockchain beta testing & development as per feedback from industry experts and Ecosystem users
November 2018
Product Public Launch
Velix.ID App launch for PII Level 0, 1.
Functional for use-cases such as e-commerce, KYC, etc.
Users Identified: 130 Million
January 2019- December 2019
Operations Expansion I
Expansion to 10 other Asia-Pacific Countries for PII Level 0,1.
Users Identified: 200 Million
October 2019
Product Upgrade I
App expanded to support PII Level 2.
Functional for use-cases such as Hotel booking and Employment Details
January 2020-June 2021
Operations Expansion II
Further expansion in Asia-Pacific and Western Europe.
Users Identified: 300 Million
May 2020
Product Upgrade II
App expanded to support PII Level 3.
Functional for use-cases such as Medical Records
July 2021-December 2022
Operations Expansion III
Expansion in Asia, Europe, Africa, and the Americas.
Users Identified: 500 Million
Our Events
Latest News and Announcements
Velix.ID announces listing partnership with Bancor
Velix.ID and Bancor announces strategic listing partnership between the two companies towards the common cause of improving consumer services utilizing blockchain technology. Both the companies will work in synergy.
Read more
Announcement: Welcome Simon Dixon, CEO of BnkToTheFuture, to Velix.ID
We would like to welcome, Simon Dixon, the CEO & Co-Founder of BnkToTheFuture.com, who has joined the Velix.ID advisory team. Simon will be advising us on business development and funding. About Simon Dixon.
Read more
Velix.ID partners with Indian cryptocurrency exchange BuyUcoin
Velix.ID and BuyUcoin announce strategic partnership between the two companies towards the common cause of improving consumer services utilizing blockchain technology. Both companies will work in a synergy towards.
Read moreHuge & Diverse Market
$200 Billion
Identity Verification Cost per Year
$100 Billion
Identity Theft Cost per Year
7.3 Billion
Total Identities in the World
1.3 Billion
Primary Target Market Population
Follow Us
Contact Us
