Any individual can join the Velix.ID ecosystem as an Verified Identity Holder. Each Identity holder will possess a uniqu
1
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.
2
Global Identity Market
3
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.
4
5
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
2017 Rhino Minimalist Theme. All Rights Reserved.
PLAY VIDEO
6
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
7
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
8
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.
9
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.
10
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.
2017 Rhino Minimalist Theme. All Rights Reserved.
11
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.
2017 Rhino Minimalist Theme. All Rights Reserved.
12
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.
2017 Rhino Minimalist Theme. All Rights Reserved.
13
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.
2017 Rhino Minimalist Theme. All Rights Reserved.
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
14
People who are with us in our thick and thins
15
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
16
HOW TO PARTICIPATE Token Distribution PRIVATE AND PRE-SALE BONUS FOR LARGE BUYERS
15%
CROWDSALE PARTICIPATION BONUS ( 4 WEEKS )
35 30% 4%
16
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
17
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
18
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
19
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
20
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
21
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