V-ID project overview

Sometimes it is very difficult for each of us to concentrate on goals, to achieve long-term results in professional fields. We live in an era of information noise. A large amount of information that we consume is unreliable. It causes various psychological disorders. You can wait until our genetics adapts to these conditions, but there is another way. Create a system of verification and validation of information. Verification is the process of establishing the truth of an object by comparing it with the original. And validation is the process of establishing the originality of an object, by checking it for compliance with the requirements specific to this object. Today we will talk about a service that allows you to validate and verify at least documents. Now this service is conducting an ICO called V-ID.

Modern documents and electronic ones in particular have serious flaws: documents can be falsified. For example, when applying for a job, no one checks diplomas for truth. Therefore, many diplomas are simply faked. There are cases when the role of a diploma is performed by a photocopy of a document, forged in Photoshop. As a result, graduates lose their job. Their places are more arrogant. The next point - the documents can be lost. Recovery documents are very difficult. It so happens that the documents burned, and the person was left alone, without shelter. And the forces and resources for the restoration of documents no longer exist. Documents can be replaced. This is especially pronounced before any test. Documents are created and signed retroactively. The same goes for political documentation. History is faked as the current government is convenient. Any person can be jailed if it is good to ask a corrupt judge. All this is possible to do unnoticed, which happens periodically. As you can see, by solving these problems, it is possible to substantially make the world fairer and more pleasant.

Benefits of the project for users:

Many enterprises began to switch to electronic document circulation. One of the companies developed antivirus solutions for the police, city administrations and other municipal enterprises. Until I found one thing for myself. Customers are not afraid that someone will see their documents. But they fear that someone will replace them in order to change the testimony of witnesses to the crime or the election results. At that moment, they got the idea to approach the problem in a different way. Protect documents from being substituted by validating them. Then the hacker attacks largely lose their practical meaning. They developed an application in which you can upload documents and a procedure that must be followed when uploading documents to the registry. If after this they try to pass a fake document through the system, it will compare it with the original and give the corresponding signal. Suddenly, this development has become in demand by other organizations working with clients' documents. This is how the V-ID project emerged, which is a blockchain platform for document validation and verification. With its help, you can verify the authenticity of documents. The document owner passes biometric fingerprint identification and loads the document into the system. If you upload a document to the system, it will be compared with the original. Issuing in the subsequent corresponding result. In all these processes, the VIDT token is involved. Tokenomics is designed so that a small fee is charged for validation and verification. On the other hand, the work of the blockchain is provided by people, receiving a reward for it. In this way, mutually beneficial cooperation between system customers and blockchain miners is ensured. The system is already running and serving customers. You can try the system at work right now.

Terms of the ICO project:

Token Name: VIDT
Standard: erc-20
Max VIDT tokens: 100 000 000 VIDT
Public Sale started
Current price for 1 VDT: 1 VIDT = $ 0.3246
Soft Cap: $ 1 000 000(reached)
Hard Cap: $ 8 000 000

Conclusion:

The project seemed very promising and necessary. This is confirmed by the current and sought-after product that makes a profit. The project clearly expresses the role of the blockchain technology, high marks on ICO listings. In addition, the project has already assembled Soft Cap, which indicates the attractiveness of the project for investors.