V-ID is a global Blockchain Powered Validation Platform candidate that creates standard solution for document fraud. V-ID project prevents document fraud and ensures that all users of the platform will be able to validate and verify the authenticity of any digital file, thereby creating a link between the creator and the receiver since the documents will be uploaded to a distributed ledger structured record that is immutable. V-ID process entails that the creator of the documents uploads the original document in V-ID before transferring the document to the recipient, the document can pass through several touch points but when it reaches the recipient he will be able to verify the document using V-ID to see if any changes have been made to the documents. Businesses will be able to use preventive measures to document fraud using V-Id platform that is powered by blockchain technology, the documents details will be recorded on the blockchain by the creator allowing the records to be immutable. The records will be encrypted and time-stamped and linked in chains.
V-ID can be used to verify all kinds of digital documents such as college certificates, business reports, legal documents, video footage and audit trails among other digital files. 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. The records on the blockchain will help businesses validate and verify ownership of a document, and documents will also have provenance due to the immutability of V-ID distributed ledger powered by blockchain technology.
The issuing organization/publisher can register any file through the V-ID Platform verification process. It can take into account the authenticity of the document in a few seconds very useful in falsehood whether it is genuine or not and also for verification does not require a fee. The V-ID platform does not store copies of files examined and therefore easily meets the recommendations of Data Protection (GDPR). very different compared to the regular WIDIDI large-scale project, 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 turn into a market leader in the crypto world in fraud file protection, as well as SSL for secure and environmentally friendly internet connections. V-ID Utility Token offer concrete added value in identifying the issuing organization, store digital fingerprints in a smart contract and payment processing to validate.
PROCEDURES INVOLVED
The creator will be able to upload his documents on the V-ID platform where it will be digitized analyzed by blockchain technology and all the documents details recorded on the blockchain distributed ledger, the details are recorded in a block which is joined with another block forming a chain, if the block containing the data is altered the chain will be invalid. V-ID uses digital signatures to track the digital ledger and if any change is made V-ID will be able to detect any changes made by each user activities. The recipient can upload the documents to verify if any changes have been made since the original upload.
The V-ID platform allows the recipient of the file to verify the authenticity and contents of the file by entering it in the verification terminal at https://www.v-id.org. After checking the file, V-ID creates a scan report. OIC (certificate of information about the origin) is offered in PDF format. The certificate has all the information about the issuing party, the file itself and all block-chain data, such as time stamps and proof of existence. The verification process can be done in two ways: verification by a certified employee of V-ID and self-assessment. For each check, transactions are made with V-ID tokens. Because the data related to this transaction is in the blockchain, the party that validates and the file being examined is completely transparent.
UNIQUE BENEFITS
Businesses will be able to use preventive measures to document fraud using V-Id platform that is powered by blockchain technology, the documents details will be recorded on the blockchain by the creator allowing the records to be immutable t changes. The records will be encrypted and time-stamped and linked in chains.
The records on the blockchain will help businesses validate and verify ownership of a document, traditional methods of documents ownership verification and authentication are complex and lack transparency, through the use of V-ID platform documents will have provenance due to the immutability of V-ID distributed ledger powered by blockchain technology.
TOKEN SALE SPECIFICATIONS
The public Token Sale Event planned to commence of Sep 15th, 2018, is characterized by the following:
Pre Sale start date: 15 Sep 2018
Public start date: 15 Oct 2018
Token Sale end date 15 Dec 2018
Max VIDT tokens 100M
VIDT token price $ 0.20
Soft cap: $ 1M
Hard cap: $ 8M
TOKEN DISTRIBUTION
MEET THE BRILLIANT TEAM
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FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:
V-ID token sale: https://token.v-id.org
Whitepaper: https://token.v-id.org/whitepaper
V-ID platform: https://www.v-id.org
Twitter: https://twitter.com/v_id_blockchain
Medium: https://medium.com/@pim_vee
Telegram: https://t.me/vidtoken
LinkedIn: https://www.linkedin.com/company/v-id/
YouTube:
CryptoCompare: https://www.cryptocompare.com/coins/vidt/overview
Author: Martilda
Profile link: https://bitcointalk.org/index.php?action=profile;u=1887582
Eth address: 0xd0D5d98857192B3931c831b7B809D47CD830da32