V-ID - Validation on the blockchain

- December 12, 2018

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.

After my research, I found this project in which I really put my faith: V-ID. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

V-ID is a service that uses blockchain technology to make digital file fraud impossible. V-ID users can be divided into two groups: creators and recipients. When the creator registers the file with a 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 issuing the file. V-ID does not save a copy of the verified file and therefore easily follows the recommendations of the GDPR.

Using the blockchain system developed on the V-ID platform, it provides services that use common and reliable principles to ensure that any digital file can be checked and verified safely and can be known to any publisher. because blockchain does not change and is not transparent during the operation of the platform.

The publishing organization/publisher can register any file through the V-ID verification process. He can take into account the authenticity of the document in a few seconds, very useful in lying, regardless of whether it is genuine or not, and does not require a fee for verification. The V-ID platform does not store copies of the scanned files and therefore easily meets the Data Protection guidelines (GDPR). is very different from the usual large-scale project WIDIDI, V-ID is a unique service with a structured and scalable concept.

The V-ID platform will continue to grow. Over the next 3 years, V-ID will become the market leader in the cryptographic world in the field of protecting files of fraud, as well as SSL for secure and environmentally friendly Internet connections. The V-ID Utility offers specific added value for identifying the issuing organization, storing digital fingerprints in a smart contract, and processing payments for verification.

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.

With regard to verification, it is worth paying special attention to the fact that the downloaded digital file is, in fact, a fake. It is very important to know. This check is performed by a specialist in the V-ID platform or by the user himself. The last verification method allows the person in charge to check the digital file at any time.

TOKEN AND ICO DETAILS

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

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.

v-id has created an environment that enables prevention of fraud by eliminating business vulnerability to fraud in the supply chain.

V-ID is a game changer for operations with enterprises, the V-ID platform will use blockchain technology to stop fraud, allowing publishers to control their data, choosing who to share with, data is stored in an immutable distributed register that is difficult to crack, use and contribute Change, preserving the integrity of the data in the value chain.

For more information, please visit the links i have provided below;

Website V-ID Verification: https://www.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

Facebook: https://www.facebook.com/V-ID-277311629500577/

Twitter: https://twitter.com/v_id_blockchain

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

LinkedIn: https://www.linkedin.com/company/v-id/

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

Instagram: https://www.instagram.com/v_id_org/

Telegram: https://t.me/vidtoken