V-ID: Validation on the blockchain

To date, technology is rapidly evolving and being introduced into the business. Gradually, business began to use digital media to record important information about the incomes of companies and others. But unfortunately, the information on the network does not have reliable protection against data forgery. Every year, there are more and more fraudulent cases associated with the falsification of digital documents, which leads to enormous losses for companies.

To solve existing problems, the V-ID project was developed. This project is one of those who use modern technologies to prevent fraud with documents. Through the technology of blocking the data are checked for authenticity and whether changes were made to the documents by the creator or recipient.

What is the V-ID platform?

V-ID is the best candidate for the Blockchain Validation Platform, which will become the de-facto standard solution for document fraud.

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.

The video below shows the whole process:

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.

Procedure for distribution of ICO 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

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.

Conclusions

Business is vulnerable to fraud in the supply chain. Approximately, each person in his life will lose about 1300 dollars, and businesses - about 16 billion dollars for fraudulent activities every year. Traditional methods are ineffective and take a long time due to the use of human verification methods that are fraudulent.

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 detail : 

Website: https://token.v-id.org/
Whitepaper: https://token.v-id.org/page/v-id-business-white-paper.php
Telegram: https://t.me/vidtoken
Twitter: https://twitter.com/v_id_blockchain
Facebook: https://www.facebook.com/vidtoken/
ANN-Thread: https://bitcointalk.org/index.php?topic=4918204

Author : Radoevee

My Profil Link : https://bitcointalk.org/index.php?action=profile;u=1940232