Measures absolute and relative price fluctuations over several time frames and other variables.
Calculates returns in comparison to moving averages and other factors.
Measures the ability to scale, upgrade and other technological weaknesses or strengths.
Evaluates public acceptance, participation of developers and other key factors.
Today, identity verification is a major issued faced by manynations. Identity verification is required in every aspect of life including the crypto-world. For example, when people decide to get involved in any new ICO, they go through KYC system and even in trading on cryptocurrency exchange, there are various security checks that must be done. Identity verification is very burdensome and Velix.ID is providing an identity verification service, which is built on the blockchain. All identity must be verified by users through the Velix.ID mobile app. This is through the scanning of their fingerprint. Interestingly, the app can be used in authorizing requests or as a second stage of a two-factor authentication system.
The aim of Velix.ID is to solve the issue of:
• Unwarranted financial loss for users and verifying parties
• Mismanagement or corruption in the handling of data
• Lack of ownership over data
• Lost time in the verification process.
• Chance of identity fraud
With Velix.ID, data owners can now heave a sigh of relief, knowing full well that their data are better protected and they have full control over how they are used, as well as the fact that verification is less cumbersome but more reliable.