In the era of digital opportunities, every day we transmit and download various kinds of information, both personal and General purpose. However, there are times when the digitization of certain valuable data occurs their loss or fraudulent use, without our knowledge. Such situations happen every day and how do you know if they have already touched us? Is our personal information being used for other purposes? Or maybe they are changed and subjected to other people to deception. Every day we continually hear from the media about such incidents, that someone deceived someone, someone used or stole (hacked) someone else's database. Unfortunately, you can not know for sure, because until now there were no such resources that would be able to secure our data. What resource will be discussed today, you will learn from my review further, so I will not bore you too much and continue my article.
History of creation
The development of this project was engaged in the company WIDIDI, which since 2008 began its activities to develop applications that are aimed at protecting data from any hacker attacks.
These applications have been used in industries such as industry, shipping, national defense and police. To ensure reliability, each time additional inspections are carried out in the form of intrusion by third parties. Such methods allow to end to make sure the arrogant work of such application. Thanks to the great experience and success of their projects, the team of specialists thought about the creation of a more advanced application, the main task of which will be to safely use any type of data, while having a transparent data verification system and a constant tracking process. All this has become available thanks to modern Blockchain technology, which itself meets all the above requirements. That's how a new project – V-ID was born at the junction of ideas and technology.
About the project
V-ID is a platform based on the blockchain, the main task of which is to verify the authenticity of the file and to exclude any fraudulent manipulation of digital data.
How it works?
Let's say you are a founder of a company and you have a number of documents that you need to protect. This can be a variety of reports, and other personal files the security of which you are in the first place. To give them a security system you need to register your files in the V-ID system, scan your digital fingerprint. After that, the blockchain creates a smart contract and assigns you the authenticity of the document, while V-ID does not copy this file, guided by the principle of GDPR. After the file has been registered it can be checked by anyone through the terminal https://www.v-id.org for authenticity. Every time after the file was subject to check, V-ID creates a report about the incident symbolizes check. This report is provided in PDF format, which contains all the necessary information about the file, its authenticity and all the >necessary blockchain data proving its existence.
To understand this principle of interaction in more detail, I propose to view this short video. In which all the main function of the V-ID of the project is disclosed:
Dates and details of the ICO
In order to Finance the development of this project, the founding team intends to launch a large-scale token sale. It should be noted that the public sale of VIDT tokens started on October 15, 2018. Sales will last until December 15 this year.
In total, 100 million tokens will be issued, the initial cost of which will be 0.2 dollars for 1 VIDT. For the development of the project development is expected to collect Soft Cap in the amount of 1 million us dollars.
Hard Cap is 8 million US dollars.
The distribution of tokens is as follows:
Conclusion
I believe the emergence of such projects we just need, as the topic of security has always been and will be relevant. The developers of V-ID intend to transform the file security market in the network over the next three years and achieve a leadership position in relation to other platforms.
So friends, to whom the topic of data security is very close, I recommend to move on to a more detailed study of this project.
Official V-ID project resources:
