VELIX.ID - VC

Any individual can join the Velix.ID ecosystem as an Verified Identity Holder. Each Identity holder will possess a unique. Identity number to which all of their data.
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A BLOCKCHAIN-BASED DECENTRALIZED GLOBAL PLATFORM FOR FRICTIONLESS IDENTITY VERIFICATION

Read our White Paper

WWW.VELIX.ID

Read our Token Paper

What is Velix.ID? A Regtech Platform for Frictionless Identity Verification.

Current methods of Identity Verification

Velix.ID aims to solve this multi-billion-dollar

are SLOW, UNSECURE and EXPENSIVE

Identity crisis by building a UNIVERSAL,

for both businesses and consumers. 


5001 001

OBSCURE, TRANSPARENT, DECENTRALIZED,

Billions of Dollars are lost in the process

TIME & COST-EFFICIENT blockchain-based

of Identity Verification and to identity

Ecosystem for Identity Verification.

theft.

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Global Identity Market

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Market Statistics

$200 Billion

$100

7.3

1.3

Billion

Billion

Billion

PRIMARY TARGET MARKET POPULATION IDENTITY THEFT COST PER YEAR IDENTITY VERIFICATION COST PER YEAR

TOTAL IDENTITIES IN THE WORLD

PRIMARY TARGET MARKETS

INDIA IDENTITIES : 1.3 BILLION GDP : 2.2 TRILLION GOVT DATA AGENCY : UIDAI

AUSTRALIA IDENTITIES : 24.2 MILLION GDP : 1.2 TRILLION GOVT DATA AGENCY : DBF

CITIZEN ID : NONE CITIZEN ID : AADHAR 2017 Rhino Minimalist Theme. All Rights Reserved.

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How Do We Do It? UNIQUE ID

NO STORING USER’S DATA

ATTESTATION THROUGH BLOCKCHAIN

USER CONSENT (AND CONTROL)

Give each User a 7-Digit

Decentralize the ecosystem —

fast and secure Transactions

No User’s data can be shared

Unique ID

mitigate all data liabilities by

ensured through attestation by

with anyone without their explicit

saving the data on the Users

Oracle Nodes on the Blockchain

consent

Velix ID - 5001 001

device

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PLAY VIDEO

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BLOCKCHAIN TECHNOLOGY

PII PII(PERSONALLY (PERSONAL IDENTIFIABLE IDENTIFIABLEINFORMATION) INFORMATION)

• SMART CONTRACTS

• LEVEL 0 - BASIC PII

• ZERO KNOWLEDGE PROOFS

• LEVEL 1 - VERIFIED PII

• STELLAR CONSENSUS PROTOCOL (SCP)

• LEVEL 2 - ADVANCED PII • LEVEL 3 - BEYOND PII

• ADVANCED HIERARCHICAL DETERMINISTIC (HD) WALLETS

USERS USERS • VERIFIED-IDENTITY HOLDER • VERIFIED-IDENTITY SEEKER • VERIFIED-IDENTITY PROVIDER

VELIX.ID ECOSYSTEM An Identity Verification process that is secure, obscure, decentralized, transparent, universal and costoptimized for both businesses and users.

Data Flow

VELIX.ID ECOSYSTEM

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U s e r s i n t e r a c t i n g t h r o u g h Ve l i x . I D E c o s y s t e m

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Who are the users on Velix.ID?

VERIFIED-IDENTITY HOLDER

VERIFIED-IDENTITY SEEKER

VERIFIED-IDENTITY PROVIDER

Any individual can join the Velix.ID

Any business which needs an individual’s

Institutions or businesses—that engage in

ecosystem as an Verified Identity Holder.

verified identity—but does not want to

the process of verification of identity related

Each Identity holder will possess a unique

invest time and money in verifying the

information of an individual or a business—

Identity number to which all of their data

identity themselves—can use the Velix.ID

qualify to be verified-identity providers.

will be associated and can be used for

ecosystem as verified Identity seekers.

their identity verification.

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VELIX.ID Features Things we boast about!

Universal Velix ID is a global platform. VLX tokens facilitate near-instant transactions between any people across the world.

User Optimized Velix.ID improves the efficiency and reduces the time and cost of identity verification.

Obscure Decentralised No single point of failure. Compromise of one node does not compromise the entire system.

Transparent VelixID ecosystem provides verifiable authenticity for every transaction made on the blockchain.

Secure No storage of User data with Velix.ID. Breach of Velix.ID does not compromise User data.

Use of zero knowledge proof ensures that the information about transacting parties is kept hidden from public view.

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Strength Overview SOUND CONCEPT • Unique 7-digits ID — A decentralized system safe from mass data breaches — segregation of User Information based on security risk • Complements not competes existing systems, including centralized IDs issued by the government. • Improves User Experience for Businesses & reduces their costs.

BACKED BY INDUSTRY LEADERS • Backed by India’s largest blockchain foundation from Nokia, YesBank, Accel Partners, etc. • Partnered with some of the largest Cryptocurrency exchanges in India for KYC including Coinsecure & Bitxoxo.

EXPERIENCED TEAM & ADVISORS • Veterans from both identity and blockchain spaces, and 100+ years of total experience for team and advisors.

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Weakness Overview EXISTING COMPETITION • No first move advantage: some blockchain identity startups already exist although with different target markets

RESOURCE LIMITATION • Limited skilled workforce in India acquainted with Blockchain Technology. • Lack of capital intensive origins: resource limitation.

LEGAL AMBIGUITY • Legal uncertainty related to Cryptocurrencies across the world.

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Opportunities Overview VIRGIN PRIMARY TARGET MARKET • Untapped 1.3 Billion Target Market of India. • Absence of any unique single ID in Australia wether centralized/ decentralized

EMERGING INTEREST • Increased interest in Blockchain as a Technology among the general population, and its implementation across various sectors to solve societal challenges.

INCREASING AWARENESS • Emerging need for Identity security with increased awareness about various threats related to Digital Identity.

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Threat Overview LEGAL REGULATIONS • Changes in Regulations and Governmental Crackdown on Cryptocurrencies.

FUD • FUD (Fear, Uncertainty, and Doubt) among the general population relating to Crypto and Blockchain.

ALTERNATE IDENTITY SOLUTIONS • Centralized ID Systems backed by Govt. and other influential organizations. • Emergence of other technology that can inspire trust of Users.

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People Mentoring Us

Our Stellar Advisors

Tony Simonovsky BnkToTheFuture, KickICO

Mohit Kalra CEO, CoinSecure

Mickael Fourgeaud PrimaBlock, Fenix

Peter O’Neill President, FindBioMetrics

Manan Mehta PundiX, Crypterium

Simon Noonan CIO, SportBet

Prof Simon Choi Trade.IO, Covesting

Julian Smith CEO, Blockfreight

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People who are with us in our thick and thins

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The Team

Manav Singhal CEO & Co-Founder

Balwant Singh CTO & Co-Founder

Neer Varshney

Shivam Mehan

Somorin Roy

Vaishali

Sumeer Pai

Communications & Outreach

Operations

Finance & Investments

Public Relations

KYC/AML Expert

Guangling Yang

Priyanka

Pulkit Rawal

Abhinav

Mike Cunningham

Smart Contract and Blockchain

Digital Marketing

Bounty Manager

Launch Strategist

Community Head

Aajay

Piyush Goel

Aquil

Santosh

Animesh

Community Manager

Front End Developer

Graphics

Digital Marketing

Full Stack Developer

B u y V XD To k e n s

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HOW TO PARTICIPATE Token Distribution PRIVATE AND PRE-SALE BONUS FOR LARGE BUYERS

15%

CROWDSALE PARTICIPATION BONUS ( 4 WEEKS )

35 30% 4%

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TOKEN SALE TEAM AND ADVISORS* COMMUNITY AND PARTNERSHIPS* BUSINESS PARTNERSHIPS* FUTURE CROWDSALE* * Vesting structure apply

LESS THAN 0.1 ETH

0%

0.1 ETH - 0.5 ETH

5%

0.5 ETH - 1 ETH

10%

1 ETH - 5 ETH

20%

5 ETH - 10 ETH

30%

10 ETH - 50 ETH

40%

Our story till now

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Roadmap - Previous RESEARCH & DEVELOPMENT Testing the concept over Bitcoin's,

JUNE

Ethereum’s, Stellar’s and other available

2016

blockchains

NOVEMBER

2017

CONCEPTUALIZATION

2017

VALIDATION

A blockchain-based universal unique ID

MARCH

Architecting the idea with a hybrid

for each individual

blockchain of Ethereum and Stellar — validation of idea by technical advisors

Things keeping us busy

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Roadmap - Current PUBLIC LAUNCH

MVP & SMART CONTRACT

Concept launched publicly — Website, White

Minimal Viable Product

Paper, and Public Communications, presenting the idea to potential advisors & partners.

2017 DECEMBER

JANUARY

2018

TEAM EXPANSION Seed-funding raised, team expanded with Developers, Blockchain & Smart Contracts Experts, and PR, Strategy, and Marketing Professionals

developed and launched on play store, and Smart Contract Deployed.

2018 MARCH

APRIL

2018

TOKEN SALE Presale and Crowdsale for the VXD tokens with bonuses.

Things keeping us busy

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Roadmap - Current MVP BETA TESTING

OPERATIONS EXPANSION I

MVP & Velix.ID Blockchain beta testing &

Expansion to 10 other Asia-Pacific

development as per feedback from industry

NOVEMBER

experts and Ecosystem users.

2018

2018 OCTOBER

PRODUCT PUBLIC LAUNCH Velix.ID App launch for PII Level 0, 1.

Countries for PII Level 0,1. 
 Users Identified: 200 Million

2019 JANUARY

OCTOBER

2019

PRODUCT UPGRADE I App expanded to support PII Level 2.

Functional for use-cases such as e-

Functional for use-cases such as Hotel

commerce, KYC, etc. 


booking and Employment Details.

Users Identified: 130 Million

Our plans beyond

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Roadmap - Beyond OPERATIONS EXPANSION II

OPERATIONS EXPANSION III

Further expansion in Asia-Pacific and

Expansion in Asia, Europe, Africa, and

Western Europe. Users Identified: 300 Million

2020 JANUARY

MAY

the Americas. 


2020

Users Identified: 500 Million

PRODUCT UPGRADE II

202O

App expanded to support PII Level 3. Functional for use-cases such as Medical Records.

MARCH

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Thank You. Be a part of our growing community and help us realize our vision into reality.

White Paper

Get in touch with us

Token Paper

Social

Email [email protected]

Website www.velix.id