A Global Platform for Frictionless Identity Verification

A Transparent Ecosystem


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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 ID

Each user registering on Velix.ID will get a unique 8-digit alpha numeric ID that is easy to remember.

Consent

User authorization mandatory for all transactions of ID information.

Trusted

User 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.

Read White Paper

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 logo
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

Read More Comparison

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.
Office Building
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.
Office Building
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.
Office Building
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.
Office Building

See all Use Cases

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
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.

Tony Simonovsky
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.

Manan Mehta
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.

Mohit Kalra
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.

Prof Simon Choi
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.

Manan Mehta
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.

Simon Noonan
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.

Peter O'Neill
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.

Julian Smith
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.

View all Advisors

Team and Contributers


Manav Singhal
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
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
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.

Shivam Mehan
Shivam Mehan
Head of Operations

Shivam has 5+ years of experience in Business Development and Community Management. In the past, he has worked in Luxury Consulting and Sales Strategy. He is extremely active in the offline Cryptocurrency and Blockchain Community in India.

Shivam Mehan
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
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.

Piyush Goel
Piyush Goel
Front End Developer

Piyush has more than 3 years of experience in frontend and backend website desiging and development. He is skilled in PHP, MySQL, CSS and Java Script.

Mike Cunningham
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.

Vaishali Verma
Vaishali Verma
Outreach Manager

Experienced PR/ Media/ Communications professional with a proven track record setting strategies and implementing plans to generate earned media coverage. Extensive experience working with high profile sporting and wagering companies.

Sumeer Pai
Sumeer Pai
KYC/ AML Expert

Chartered Secretary and Certified AML Specialist with 15 years compliance experience in Investment Management (retail and wholesale Funds). Governance Advisor for crowdfunding platforms, ICOs and AML.

Alina kuznetsov
Alina kuznetsov
Full Stack Developer

Alina is a blockchain and smart contract developer with 3 years of experience. She has a specific interest in building new products and systems utilizing blockchain technology and has worked in Solidity, Java, Python, PHP and C++.

Priyanka Pandey
Priyanka Pandey
Digital Marketing Manager

An engineering graduate and a digital marketing enthusiast. She is a quick learner and has a good implementation skill. Proficient in handling social media platforms, e-mail marketing and SEO.

Aquil Sultan
Aquil Sultan
Graphics

Aquil has 7+ years of experience in Graphic designing. With solid foundation in tools likes Corel DW, Adobe Photoshop, Flash, Dreamweaver, he has expertise in designing creatives for Blockchain Technology and Digital Media Platforms.

Aajay
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.

View the entire team

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


Token distribution
Product Development
45%
Partnership & Marketing
25%
Operational Cost
20%
Research
5%
Legal
5%

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


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Latest News and Announcements



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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.

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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
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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 more

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