V-ID is a new blockchain development, which is designed to stop all fraudulent activities that are associated with documents. This development is designed in such a way that it gives organizations the opportunity and various ways to check the identity of their documents on a decentralized network throughout the world. These documents can also be checked, so the recipient can be sure that the content of the received document remains absolutely unchallenged. All documents retain the original information contributed by the creator of this document.
V-ID is a candidate to become the de-facto standard solution for document fraud. V-ID service utilizes generic and trusted principles to enable validation and verification for any digital file, of any publisher. This is possible thanks to the immutable and transparent nature of blockchain.
How V-ID Platform Works
V-ID is a service that uses blockchain technology to make fraud with digital files impossible. V-ID users can be divided into two groups: creators and receivers. Once a creator registers a file in V-ID, the recipient can verify this file’s authenticity.
The platform works by verifying client’s digital files. When the file is created it is written to the blockchain. The file can then be copied or renamed without any problem. However, if the file changes from the original in any way V-ID will detect this change. Any client of the platform is able to submit a file for verification and have it verified in about 5 seconds. Use cases for this sort of service would probably run into the thousands and the market here is totally untapped.
Additionally, V-ID will use the Digibyte blockchain and both parties will work together on proof of concept for an industry standard digital verification platform. Digibyte is extremely well thought of in the blockchain industry and has gained many admirers for being so committed to cybersecurity and to its continual pursuit of blockchain innovation. Additionally, Digibyte has industry leading developers and a fervent and loyal community.
It would appear to be a match made in heaven for both parties. V-ID, digital file verification expert, comes to the table with its tried and tested, market leading technology. Digibyte, also with a working product, provides its super fast and secure blockchain so that all digital files can be written to it.
Features of V-ID Platform
The V-ID platform solution will offer the following features:
Verification
The recipient of the file can verify the authenticity and content of the file by entering it into the verification terminal at https://www.v-id.org. Once the file is verified, V-ID generates a report of the verification. An OIC (Origin Information Certificate) is offered in PDF format. This certificate contains all the details about the issuing party, the file itself and all blockchain data such as timestamp and proof of existence.
Validation
Validation can take place in two ways: validation by a certified V-ID employee and self-validation. A transaction with V-ID tokens takes place for each validation. Due to the data connected to these transactions in the blockchain, both the validating party and the validated file are fully transparent.
Self-validation
This method allows an employee of the issuing organization to validate files at any time. V-ID appoints a wallet to the issuing organization containing a balance of V-ID tokens. All issuing organizations and associates will be vetted by V-ID.
V-ID Token (VIDT)
The VID utility token is an ERC20 token that is used to identify wallet addresses and is used as payment per validation.
Token Detail
Token Name: V-ID Token
Token Symbol: VIDT
Platform: Ethereum
Standard: ERC20
Total Supply: 100,000,000 VIDT
Token for Public Sale: 50,000,000 VIDT
Accepting: ETH
Soft cap: 1,000,000 USD
Hard cap: 8,000,000 USD
Country: Netherland
Website: Click Here For Visit ICO Homepage
Token Distribution
Useful Links:
Website: https://token.v-id.org/
Whitepaper: https://token.v-id.org/page/v-id-business-white-paper.php
ANN Thread: https://bitcointalk.org/index.php?topic=4918204.0
Bounty Thread: https://bitcointalk.org/index.php?topic=5012142.0
Telegram: https://t.me/vidtoken
Twitter: https://twitter.com/v_id_blockchain
Facebook: https://www.facebook.com/V-ID-277311629500577/
Author:
Bitcointalk Profile: Tpq01349
ETH Address: 0xA73fA2565C18218AC6510c8CD3B220F5794f3B84
No comments:
Post a Comment