V-ID Platform

File-based fraud is one of the many areas of interest around the world. But it has happened that fraud is committed in this area, which is, of course, undesirable. V-ID wants to provide a blockchain block to prevent problems related to different types of fraud. With this solution, it will be able to use this solution in industries that will help prevent fraudulent documents. In this article, you can read more about V-ID, a blockchain solution for push block validation.
What is a project?
The project team behind this concept has many experiences in the field, and with this experience, they hope to direct the project in the right direction. They presented their hero identity as a possible option to submit digital certificates and digital signatures. Because of the many channels happening today, it is important that this can be done in a safe and responsible manner. V-IDs can be useful in various industries such as health, technology and education. Another important benefit of this project is that they already serve some customers in these areas.
Motives
As society continues the process of digitalization, new types of digital crime are emerging. The media daily report incidents such as data leakage, personal data fraud, document fraud, and fake news.
One particular new technology could provide a breakthrough in dealing with these criminal side effects. This technology - blockchain, has the potential to become one of the most important technological pillars of the modern world.
Ambitions
What was the standard mode before V-ID? Just as it is now difficult to imagine how the world was before the advent of the Internet, we believe that VID will become a generally accepted and widely used element of modern digital society.
V-ID will be used by any organization that wants to protect its digital files from fraud in a secure way. Compare how SSL certified connections are currently used for websites.
Problem
Digital digitization in society is the difficulty in combating digital file fraud. The solution
V-ID is a service that uses blockchain technology to make digital file fraud impossible. Users of V-ID can be divided into two groups: creators and recipients. When the creator registers the file in the V-ID, the recipient can verify the authenticity of this file.
The V-ID verification process ensures that the person that registers the file effectively represents the organization that releases the file. V-ID does not save a copy of the file.
Verification
The verifier at https://www.v-id.org. After checking the file, V-ID creates a scan report. COI(certificate of origin information) is offered in PDF format. This certificate contains all the information about the issuing party, the file itself and the data in the block chain, as a timestamp and a proof of existence. Verification process The verification can be carried out in two ways: verification by a certified employee of the V-ID and self-assessment. For each check, a transaction is performed with a token V-ID. Because of the data associated with these transactions in the block chain, both the part validating and the verified are completely transparent.
This method allows the user to publish the files at anytime. V-ID token to the issuing of the V-ID token. All organizations-issuers and partners will be verified by V-ID.
Competition
There is no standard de facto solution against document fraud. There are many start-ups and research groups who are experimenting with a form of security using blockchain technology.
The Massachusetts Institute of Technology conducted a pilot program in 2017 with the participation of 111 students who received a digital version of their diploma together with the physical version. In this concept only one student can download a copy of the diploma. The concept works only through the application and recipients can not verify the certificate for authenticity later. Gradbase and Skillchain are two startups focused exclusively on the curriculum. They are still under development and do not yet have customers. DiguSign is a project developed by the community of enthusiasts around the DigiByte coin.
Use digital signatures for documents and write them through the project environment. They leave the verification process for users. There are no customers yet, but DigiByte claims to have more than 1000 users.
In addition, there are some commercial organizations, such as Adobe and Signix, that offer some confidence in the original of digitally signed documents.
However, these are unilateral methods, not easy to apply and not easily verifiable. Furthermore, the corresponding files must be adapted for this purpose and these "signatures" or password protection do not provide real protection against file changes.An interesting concept is Civic, which offers a similar verification and verification service for personal identification (passports, etc.). The Bitcoin protocol, the most famous blockbuster in the world.
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 probability of bad news about the blockchain in general
Perception of complexity
Adoption rate unpredictable
V-ID TOKEN
Token distribution 
The V-ID service token is an ERC20 token that is used to identify wallet addresses (for issuers / reviewers) and is used as a payment for verification.
Token's public sale event, scheduled to begin on September 15, 2018, is characterized by:
Pre Sale: September 15, 2018
Public: October 15, 2018
Token End Sale: December 15, 2018
Maximum number of VIDT tokens: 100,000,000
Cost of VIDT: $ 0.20
Soft cap: $ 1,000,000
Hard cap: $ 8,000,000
* The price of the token must be high enough to cover the V-ID transaction costs, including the transaction fee for Ethereum and Bitcoin.
Economy of token
For more information:
Website: https://token.v-id.org
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
nelsonjohn
BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=2387325

Comments

Post a Comment

Popular posts from this blog

Authpaper-Blockchain

Image
About The  Project  AUTHPAPER Computer data is information processed or stored by a computer. This information may be in the form of text documents, images, audio clips, software programs, or other types of data. Computer data may be processed by the computer's CPU and is stored in files and folders on the computer's hard disk. At its most rudimentary level, computer data is a bunch of ones and zeros, known as binary data. Because all computer data is in binary format, it can be created, processed, saved, and stored digitally. This allows data to be transferred from one computer to another using a network connection or various media devices. It also does not deteriorate over time or lose quality after being used multiple times. Raw data is unprocessed computer data. This information may be stored in a file, or may just be a collection of numbers and characters stored on somewhere in the computer's hard disk. For example, information entered into a database is often...
Read more

MENAPAY - Crypto Made Easier than Cash

Image
Introduction In a fast paced and rapidly changing world of cryptocurrency, it is important for cryptocurrency owners, investors, analyst and everyone in the cryptocurrency space to be kept abreast of current trends, innovations and analysis. Absolute control over information is an herculean task if not nearly impossible, there is increased risk of harsh user experience in the world of cryptocurrency and a rapidly advancing technology such as blockchain. In a world of hackers, fraudsters and individuals who seek to take advantage of other people’s naivety, it is important to have access to tools, data, analysis and information to keep one up to date of current event happening in the everyday crypto space. Information is power, with the right tools, you are indomitable. But gathering these information from various sources proved to be a time sapping and effort consuming task. A perfect solution would be to have an ecosystem which provides these tools to everyone ranging from inves...
Read more

PIMONCOIN-The Future of Investments Protect Investors Fund In Cryptocurrency

Image
Introduction The potentials of blockchain are quite enormous and all industries that deal with transactions, of any kind, can be truly disrupted by the technology. The reason for this is not far-fetched: blockchain offers relatively compelling advantages over other existing technologies in terms of security, transparency, and trust. As a result, more people are embracing the technology and more blockchain platforms spring up everyday offering one business solution or the other. PIMONCOIN is a token, supported the Etherchain Blockchain for Payment and Investment. This additionally permits house owners to take a position their funds by disposition, on the exchange market, transportation sector, natural resource, food product, realty, to shop for and sell at high speed. What makes PIMONCOIN totally different is that it's worth bonds with real-life assets, Users also can get funds as dividends from this investment. Investing in PIMONCOIN doesn't solely place you among th...
Read more