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Vulos

Switzerland
Market: Entertainment, Blockchain, Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 23.11.2022
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Idea

Vulos is an ecosystem of applications built on top of blockchain technology that disrupt digital identity, and digital signatures.

Current Status

We’ve had a product integration with VELAS. Vulos Identity was integrated as an Identity Solution into Velas Account & Vulos Signature was integrated into the Velas EVM Blockchain. In both cases, the integration was very successful and smooth. Furthermore, Vulos has had an oracle integration with Chainlink and is participating in the Startups with Chainlink Program. Also, Vulos was an ALPHA Startup on this years Websummit (2022) in Lisbon.

Problem or Opportunity

Vulos is aiming to create an identification layer between applications and users without sharing excessive information while data ownership and control is given to the user. Vulos is designed to overcome privacy concerning issues like frauds, bad actors, rug pulls, and overall originality. Another problem the crypto market encounters today is that businesses can not distinguish or evaluate the trust of the service they are being offered online.

Solution (product or service)

Utilizing straightforward identification methods and trust calculations, Vulos makes user authentication seamless and trustworthy, empowering individuals with control over their own data. Businesses and individuals can also sign immutable documents on blockchain using Vulos Signature. Essentially, it allows individuals to attach value to their signatures through Vulos Identity. Records such as ownership, certifications, and medical histories can be kept and used safely anywhere, anytime. The solution is built on top of blockchain so that the data is maintained by many nodes in the network.

Business model

Vulos' business model is very simple. As a result of Vulos Identity's easy integration with 3rd parties, it has an exponential scaling factor. Partners can easily integrate with us without high development costs and effort since we have all the necessary tools and documentation. Alternatively, Vulos Signature has a linear factor due to its nature. It mostly operates in the B2B sectors and we have some quite interesting plans for making it social.

Incubation/Acceleration programs accomplishment

Part of the Startups with Chainlink Programme.
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