V-ID Token

V-ID

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V-ID is the best candidate to become the de-facto standard solution for document fraud. The service utilizes generic and trusted principles to enable validation and verification for any digital files, of any publisher. This is possible thanks to the immutable and transparent nature of blockchain. V-ID is being developed by WIDIDI. WIDIDI employs its M16 Platform to execute their software projects. The issuing organization can register any file through the validation process of the V-ID platform, allowing each to verify its authenticity within a matter of seconds and for free. V-ID does not save a copy of a validated file and therefore easily complies with the GDPR guidelines. Current users of V-ID include Airbus Defense & Space, European Embryonic Research Institute ESHRE and Optical Fiber Vitrumnet Supplier.

The service utilizes generic and trusted principles to enable validation and verification for any digital files, of any publisher. This is possible thanks to the immutable and transparent nature of blockchain. Among the first clients who are currently using V-ID are Airbus Defense & Space, the European research institute ESHRE and optical fiber Vitrumnet supplier.

 

Economy Of Token

 

The technological process of data verification

The process is as follows: the content creator downloads the digital file to the V-ID platform before sending the data to the receiver, which can eventually see no adjustments were made to the original digital file. The platform itself has many functions, including video content verification, documents related to business and law, diplomas and others. The platform is able to detect any changes in the downloaded file from any user. In the end, the end user is able to verify this by downloading the source material to authenticate the document.

 

Problem

One of the disadvantages of digital digitization of society is the difficulty of fighting digital file fraud. The solution

V-ID is a service that uses blockchain technology to make digital file fraud impossible. V-ID users can be divided into two groups: maker and recipient. When the creator registers files on V-ID, the recipient can verify the authenticity of this file.

The V-ID verification process ensures that the person registering the file actually represents the organization that issued the file. V-ID does not keep a copy of the files being checked and therefore easily meets the recommendations of GDPR.

 

Verification V-ID

The V-ID platform allows the recipient of the file to verify the authenticity and contents of the file by entering it in the verification terminal at https://www.v-id.org. After checking the file, V-ID creates a scan report. OIC (certificate of information about the origin) is offered in PDF format. The certificate has all the information about the issuing party, the file itself and all block-chain data, such as time stamps and proof of existence. The verification process can be done in two ways: verification by a certified employee of V-ID and self-assessment. For each check, transactions are made with V-ID tokens. Because the data related to this transaction is in the blockchain, the party that validates and the file being examined is completely transparent.

 

SWOT Analysis

Strengths

Unique product

Simple and scalable concept

Widely applicable

Proven use case

Active starting user base

Sufficient liquidity

Strong team

Proven software platform

Foundation (10 years + in development, approx. 100,000 users)

Weakness

Power

Outdated projects (existing contracts)

Limited marketing budget

Perspectives

Giant market

Different sectors

Generally applicable

Blockchain is still a new and noisy term.

Threats

First signs of competition

The news of the blockchain in general

Perception of complexity

Adoption rate unpredictable

 

Sales of V-ID Tokens

The main token of the V-ID platform is the VIDT marker, the ERC-20 standard based on the Ethereum block system. It serves to verify a specific digital document. All data at the end of the test are recorded in the locker can be checked at any time.

Token: VIDT

Standard: ERC20

Presale: September 15, 2018 (First week bonus: 35%)

Main sales: October 15 to December 15, 2018

Total will be issued: 100,000, 000 VIDT

Soft cap: $ 1,000,000

Hard cap: $ 8,000,000

Price of the token: 1 VIDT = $ 0.20

Deposit: ETH

VIDT_chart.jpg

Tokens for the team will be blocked for 5 years. Each year they will receive 20% of the total. This is done to maintain a stable token rate.

 

Roadmap

Image result for v-id bounty roadmap

Image result for v-id bounty roadmap

 

For more information :

Website : https://token.v-id.org

Website Token Sale : https://token.v-id.org/?2

ANN : https://bitcointalk.org/index.php?topic=4918204.msg44277489#msg44277489

Whitepaper : https://token.v-id.org/page/v-id-business-white-paper.php

Medium : https://medium.com/@pim_vee

Telegram : https://t.me/vidtoken

Facebook : https://www.facebook.com/vidtoken

Twitter : https://twitter.com/v_id_blockchain

Github : https://github.com/v-id

Reddit : https://www.reddit.com/r/VIDT/

 

 

Author :

Cut3nggan

https://bitcointalk.org/index.php?action=profile;u=1170753

0x920B18b9596A996788f8E805B51FC21769543C43

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Publication author

offline 2 months

Yuzu31

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Comments: 0Publics: 16Registration: 30-09-2018
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