VELIC: The Finance Solutions
Abstract. Blockchain technology is promoted as one of the great technological advances of our time and considered as a solution to many of
the technical problems faced by industries in sectors such as finance,
automobile, and retail. Despite growing attention and utilization, mass
adoptions of cryptocurrencies has not happened yet. So how do we cross
the chasm from the vision phase to the actual use phase? To do so, blockchain technology has to target a pre-existing legacy market that already
posses billions of user accounts globally in a digital asset category; Not
to create a competing tokenize digital asset, but instead to transform
these legacy digital assets into tokens on a public blockchain with key
functionality that benefits both consumers and the enterprise-issuers of
these digital assets.
This whitepaper fills the gap in the state of the art by presenting the Velic financial blockchain powered infrastructure that builds a bridge facilitating
the implementation of new technologies to support and enhance our every day life interactions as well as foster blockchain mass adoption.
There is no doubt that cryptocurrency has brought better to the concept of international investment relations among countries in the world. With crypto, traders throughout the world are involved in exchanging goods and services without much influence on national policy. Regardless of the level of integration, however, crypto traders and investors always face a high risk of the safety of their investments. The activities of scammers and hackers in the cryptosphere have proven without doubt that all (cryptographic investments) can be lost in seconds. While the available crypto security platform has tried its best but failed to bring cryptocurrency security in the cryptosphere, a new innovative platform called Velic Financial has found various strategies to realize crypto investment security. Then what is Velic Financial and how does it work? The Sebsequen paragraph will answer this.The main problem with the crypto industry today is that there is no strong relationship with the real economy. The Cryptic market is very easy to enter, but getting out of the market is associated with costs, risks and difficulties. These days many teams try to develop stable cryptocurrency to facilitate global adoption and avoid the risks mentioned above.Tether is the most famous solution to this problem. Rapid growth and a market capitalization of more than $ 2 billion showed huge demand for these stable coins. However, Tether and coins supported by other similar assets have many weaknesses that Velic Financial does not have.It’s time to create a truly reliable and stable cryptocurrency that will be a strong bridge between traditional and digital economics. That’s the reason we created Velic Financial.
Then, I will tell you simply that VELIC is a crypto-finance platform that seeks to resolve all security-related issues in the crypto financial market. It comes with a broad-based variety of solutions including exchange, asset management, loans and vault services. In all, VELIC platform guarantees, among myriads of other services, transparency, security and seamless crypto transactions and activities.
What do I stand to gain?
It’s great to follow up with that apt question! With the Velic asset management service, investors are provided with an enabling and information-ridden environment where they can invest in crypto assets without being left in the dark. By this, VELIC will equip all categories of investors with all relevant investment objective indicators as well as financial information and market-related reports.
Again, the VELIC Loan facility allows investors to use various digital assets including BTC and ETH as collaterals. Meaning, they can continue their investment activities with an assurance of cash liquidity.
The process for VELIC loan application and repayment is entirely seamless.
VELIC also provides vault services where a large number of private keys can be stored without fear of loss or loss of store value. Since these keys are not protected by law, Velic vault system serves to protect private key holders. Under Velic Vault provider-key holder relationship, private key holders, unlike before, can now claim right of ownership to these keys.
In addition, the VELIC Exchange provides a seamless and incredibly trader-oriented crypto asset trading experience that is safe, secure, profitable and transparent. The platform currently supports the trading of up to thirteen cryptocurrencies, including BTC, ETH, USDT and VELT with four pairing markets.
What more?
Velic is powered by compensation-oriented VELT tokens which give a reward to all users of VELIC platform as well as those who own account with the platform. Under the four-fold fork of asset management, loan facility and vault services and exchange, VEIC account holders are guaranteed a slash in commissions and charge for using any or all the products and services the platform offers including the VELIC Exchange, VELIC asset management and loan facility.
You are entitled to a certain proportion of exchange trading fees for staking VELT tokens. When you obtain VELIC loan, you can pay back at a very reduced interest rate and with VELT tokens. You can take charge of your own account by streamlining all payments and fees on the platform.
What are the technical details?
You’ve got no worry when it comes to the technical operations of VELIC as it offers one of the easy-to-use user interfaces that you can relate with without any complexity. Take a glance at the diagram below.
What do you see?
The VELIC platform operates an integrated system which gives users access to all of its services in one single account. Plus, the platform also provides sophisticated visualization instrument empowers users with freedom and capacity to track all transactions, past or current and financial activities that take place within the system.
Besides, VELIC platform offers to all investors and users a transparently comprehensive data and earnings within each of the services used by the account holders.
The process starts with signing up for an account and once authorization is given, VELIC account holders become members and can start gaining all the benefits.
Final Words
if you are interested in joining the Velic financial project, it's a good idea to read reviews that can help you get information that might help you in seeing their vision and mission, because it's important to understand accuracy in reviews so you don't hesitate in investing.
Thank you once again for taking the time to read this article, and thank you a million times for your support of Velic financial.
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author:Chubylaw
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