The world of blockchain technology come with it a whole lot of amazing opportunities and potentials. It is worthy to know that the feature of blockchain technology which makes it outstanding is **_decentralization,_** in addition, **_is smart contracts_** etc.
With decentralization, blockchain technology has succeeded in disrupting many centralized systems such as Sports, Healthcare systems, Gaming industry, Finance etc. Blockchain disrupted these systems owing to the fact they were centralized thus leading to varieties of issues such as data manipulation, lack of trust, no transparency, unfriendly costs, cyber attacks etc; but the advent of blockchain technology changed all these and many more.
With reference to the financial systems, although blockchain technology has succeeded in ensuring investors are secured and free from the challenges and limitations plaguing the centralized financial systems, a study has shown that many investors or institutional investors as the case may be are yet to fully understand, appreciate and get involved fully with blockchain technology.
This alone has contributed in limiting the mass adoption of blockchain and as such cryptocurrency on a global scale, thus in order to make blockchain technology appealing to investors within the financial system, there is great need to solve the underlying issues limiting it thereby leading to the creation of a platform known as **_VELIC._**
### WHY VELIC?
Just as it is in the world today, there must be a reason for the creation of any platform or organization, it is this reason that helps or rather makes the platform in question to stand out thus driving the necessary value and reputation due for it.
In simple terms, VELIC was created to make financial investors or institutional investors comfortable within the crypto space. **_One might ask how?_**
In the crypto space today, financial platforms based on blockchain termed crypto-finance platforms has been faced with various issues which come in terms of **_security risks._** It is a true fact that most times, it is practically difficult to hack a blockchain platform, but same can't be said of the applications built on top such platform, as they are susceptible to cyber attacks, human errors etc.
Another issue which poses a risk to institutional investors is **_lack of appropriate risk management_** which has been as a result of inadequate preparation of said platform, developers not living up to the expectations that are required of them etc. Furthermore is security risks arising due to **_lack of appropriate crypto-assets storage;_** as investors can't be sure of the safety of their funds which is within the said platform.
**_Inadequate user experience and product development_** have also plagued the crypto-finance industry. The effect of this is clustering of the crypto-finance industry which is as a result of current platforms not offering a clear product and services which will make it convenient for investors to transact within the platform in question without unnecessary migration from one service to another.
Other issues include;
a. Inadequate sophisticated product: No unique product which can differentiate one project from another.
b. Owing to price volatility, crypto assets are yet to be seen as a store of value.
c. No direct link which will conveniently connect crypto assets platforms with the fiat assets platforms.
These issues limiting the crypto-finance space have gone a long way in limiting if not posing a roadblock to the mass adoption of cryptocurrency.
### WHAT VELIC OFFERS
In a bid to solve all these aforementioned issues, led to the creation of VELIC. VELIC is a decentralized crypto-finance platform which is duly built to ensure institutional investors experience a new level of financial services within the blockchain world.
VELIC platform is a duly secured crypto-finance platform through this way offering amazing products and services which will be easily accessible to both investors and institutions.
These products and services which will be provided for investors after platform launch include Asset management, Loans and Vault services and are linked to VELIC exchange as well as completely secured via VELIC's proprietary security sharing protocol layer; with all being accessible conveniently and effortlessly through a single VELIC account.
**_Why VELIC Is Outstanding_**
1. VELIC uses a proprietary secret sharing security protocol to ensure users or investors assets are protected from loss.
2. With VELIC's Assets Management products and services investors will experience a new level of products sophistication and user customization, thus making them comfortable within VELIC platform.
3. To ensure investors don't miss out on potential investments, VELIC will offer Loans which these investors will leverage with their crypto assets, through this way making cryptocurrency a store of value.
4. As earlier stated, blockchain platforms are duly secured, this security comes in the form of private keys, thus in a bid to ensure this private keys are put on check VELIC developed a Vault through which individuals and investors can leverage on so as to make it possible for the transfer of assets when the time arises. Also, VELIC vault removes unwarranted access to investors assets.
5. In order to bring all its services together, VELIC will develop an exchange which links all services together while offering a pathway through which VELIC tokens will be used on a larger base.
### CONCLUSION
VELIC platform is based on blockchain technology through this way developing amazing products and services for the investors within the crypto-finance industry.
Within VELIC platform is three tokens such as VELIC dollar with ticker VELD, it is a stable coin neither linked to VELT or VELA.
VELT is the token that powers VELIC platform with a total supply of 15 billion, it can be mined and also used in various activities within the platform.
On the other hand is VELIC Authority with ticker VELA and can be used by individuals who wish to go long-term.
### TO KNOW MORE ABOUT VELIC
Join the Telegram Group: https://t.me/velicfinancial
Follow on Facebook: https://www.facebook.com/velicfinancial
Follow on Twitter: https://twitter.com/velicfinancial
Follow on Medium: https://medium.com/velicfinancial
Subscribe on Reddit: https://www.reddit.com/r/velicfinancial/
Website: https://www.velic.io/
Whitepaper: https://www.velic.io/web/download/VELIC_White%20paper_V1.01.pdf
Writer's VELIC email address: emmyemmy816@gmail.com
Writer's Bitcointalk Username: Emmy92
Writer's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1329140