Frequently Asked Questions

Explore detailed insights about Vixichain, its ecosystem, and how it benefits users, validators, and partners.

Welcome to our FAQs page

Here, we’ve compiled answers to the most commonly asked questions about Vixichain. Whether you’re a user, validator, or partner, find all the details you need here. If you have additional questions, feel free to Contact Us.

Vixichain is a compliance-focused, Layer 1 blockchain designed to bridge traditional finance and blockchain technology, offering secure, scalable, and user-friendly solutions.

Vixichain addresses compliance challenges, scalability, and risk management while connecting blockchain with traditional financial systems.

Individuals, businesses, developers, and financial institutions can all benefit from Vixichain’s ecosystem.

Vixichain combines built-in compliance, decentralized identity, Credit Scoring, and validator partnerships with financial institutions for a secure and trusted ecosystem.

Vixichain’s MainNet is expected to launch in April 2025, after the ICO phase.

Yes, developers can leverage Vixichain’s infrastructure to build compliant decentralized applications.

Vixichain’s Bridge Protocol enables seamless transfer of assets between Vixichain and external EVM networks such as Ethereum and Tron.

VIXC is the native utility token of the Vixichain blockchain, used for transactions, validator rewards, and service fees.

The total supply is capped at 5 billion tokens, with distribution governed by Vixichain’s tokenomics.

VIXC’s price is influenced by demand, supply, and the deflationary model, which reduces circulating supply over time.

VIXC tokens are available during the presale, ICO, and later on through exchanges after the public launch.

VIXC holders benefit from token utility within the network, access to services, and potential value growth through the deflationary tokenomics model.

VIXC is essential for validation fees and ensures transparent financial operations within the ecosystem.

Validators are financial institutions that validate blockchain transactions, ensuring compliance, trust, and transparency.

Banks can register as Validators through a simple onboarding process, gaining access to the BaV Panel to set preferences.

Validators earn revenue from transactions made in the blockchain. Validators will set the validation fees and service provider fees for transactions they validate.

Vixichain uses advanced AML/KYC protocols and KYT checks, ensuring that Validators operate within a compliant framework.

Validators must adhere to Vixichain’s built-in AML/KYC protocols and KYT checks.

The BaV Panel is a web-based interface allowing validators to set preferences for transaction validation based on risk appetite, fees, and time.

The wallet is a secure, user-friendly gateway to the Vixichain blockchain, supporting multi-chain deposits, transfers, and exchanges.

The wallet supports VIXC, NFTS (e.g., NUSD, NEUR), and other assets via the Bridge Protocol.

Wallet recovery is supported through biometric authentication and Decentralized Identity (DID) integration.

Yes, the Bridge Protocol allows users to transfer assets between Vixichain and external EVM networks like Ethereum and Tron.

The wallet uses advanced biometric authentication, encrypted data storage, and compliance features for maximum security.

The wallet integrates compliance, credit scoring, and asset management for a seamless experience.

Vixichain integrates AML/KYC protocols, KYT checks, and real-time credit scoring to ensure a secure and compliant ecosystem.

DID ensures that each user has a unique, secure, and verifiable identity on the blockchain.

The compliance rule engine automatically flags and rejects high-risk transactions, maintaining network security.

Rejected transactions are flagged, and the user receives detailed feedback on the reason, with options to resolve compliance issues.

Data encryption ensures that sensitive information is protected, with only necessary details visible to relevant parties.

Built-in compliance simplifies operations for Validators, reducing risks and ensuring adherence to regulations.

Vixichain uses fiat-backed NFTS (e.g., NUSD, NEUR) for instant, compliant cross-border transactions validated by financial institutions.

Yes, Vixichain offers virtual card solutions, enabling users to make crypto payments in stores and online.

By leveraging Banks as Validators, Vixichain bridges the gap between traditional finance and blockchain, offering secure transaction validation.

NFTS ensures fast, transparent, and compliant cross-border settlements backed by fiat.

With encrypted data and compliance-first protocols, Vixichain ensures transparent and secure transactions.

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