V-ID: Ending Document Fraud with Blockchain Powered Validation
The Concept of the V-ID Platform:
Introduction:
V-ID is the best Blockchain Powered Validation Platform candidate to be the de-facto standard solution for document fraud. With the Blockchain system developed from the V-ID platform, it provides services that use general and trusted principles to enable validation and verification for any digital file to be safe and can be known by any publisher. Because Blockchain is not changed and transparent in the progress of the platform. V-ID uses Blockchain technology to stop all document fraudulent activities. The V-ID Validation Service allows organizations to verify the authenticity of their documents in a worldwide decentralized Blockchain. These documents can then be checked, so recipients know that the content of the document does not change and is exactly the same as originally published.
V-ID creates a decentralized storage platform for various document formats in digital form for the purpose of quick viewing for verification by many interested institutions without third parties using the Blockchain technology. This greatly simplifies and speeds up the process of confirming the identity, authenticity of certificates and other data in a few seconds. The goal of V-ID is to enable individuals and organizations to safely share their official cryptographically signed documents and prevent the distribution of unduly controlled content. Among the first clients who currently use V-ID are Airbus Defense & Space, the European research institute ESHRE and optical fiber supplier vitrumnet.
V-ID provides reliable on-demand verification based on Blockchain. V-ID uses the document’s digital fingerprint and blocks it in the transaction chain, which is then transferred to thousands of servers across the planet in a decentralized manner. V-ID does not save a copy of the checked file and therefore easily complies with the recommendations of the GDPR. The issuing organization can register any file through the V-ID platform verification process, allowing each recipient to verify its authenticity in a matter of seconds and for free. V-ID does not save a copy of the verified file and therefore easily follows the recommendations of the GDPR. The Utility V-ID Current offers specific added value for identifying issuing organizations, storing digital fingerprints in an intelligent contract and processing payments for verification.
THE 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 CHECK:
The V-ID platform allows the recipient to verify the authenticity and contents of the file by entering it into the verification terminal. After checking the file, the V-ID generates a verification report. The OIC (certificate of information of origin) is available in PDF format. The certificate contains all the information about the issuer side, the file itself and all block data, such as time stamps and proof of existence. The verification process can be performed in two ways: verification by a certified V-ID employee and self-assessment. For each verification, transactions are made using V-ID tokens. Since the data associated with this transaction is in a Blockchain, the party that checks the file being viewed is completely transparent. This method allows an employee of the publishing organization to check files at any time. V-ID assigns the wallet to the issuing organization that contains the V-ID token balance. All issuing organizations and partners will be verified by V-ID.
TECHNOLOGICAL PROCESS OF DATA VERIFICATION:
The process is as follows - the content creator uploads the digital file to the V-ID platform before transferring the data to the recipient, who will eventually be able to view the original digital file without any adjustments. The platform itself has many functions, including checking video content, documents related to business and law, diplomas and others. The platform is able to detect any changes in the downloaded file from any user. At the end, the end user is able to verify this by downloading the source material to verify the authenticity of the document.
The video below clearly shows the whole process.
https://www.youtube.com/watch?time_continue=100&v=tGANNanUX3s
V-ID TOKEN INFORMATION:
Token Distribution:
Token Allocation:
Token: VIDT
Standard: ERC20
Presale: from 15/09/2018 (first week bonus 35%)
Main sale: October 15 to December 15, 2018
Total supply: 100,000, 000 VIDT
Soft cap: $ 1,000,000
Hard cap: $ 8,000,000
Token price: 1 VIDT = $0.20
Deposit: ETH
V-ID RATING
TEAM:
CONCLUSION:
The potential market for V-ID is virtually unlimited and growing rapidly. The worldwide digitalization ensures that paper file fraud is increasingly moving to digital file fraud. The validation service is still new and unique. Currently, there is no organization that has already won any significant market share. V-ID provides the simplest, most scalable and most generically applicable solution. The V-ID service approach is not market or application specific and therefore has a very large potential to scale up and thus become the de facto standard. The V-ID project solves the serious problem of falsification of digital documents.
For More Information On V-ID Platform Kindly Visit The Links Below:
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
Reddit: https://www.reddit.com/r/VIDT/
LinkedIn: https://www.linkedin.com/company/v-id/
Instagram: https://www.instagram.com/v_id_org/
Medium: https://medium.com/@pim_vee
Github: https://github.com/V-ID/V-ID-Token
Author’s Details:
Bitcointalk Username: Dtotti78
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2343031
My Eth Wallet Address: 0xB03B27f2f725637249977581F0128Ac5cC6A12f7