V-ID — ENDING DOCUMENT FRAUD WITH BLOCKCHAIN-POWERED VALIDATION
Computers and the internet are the two great inventions of human, bringing us to the new era of information and digital technology. All information is digitized to convey to the target quickly as well as access easily into it anytime, anywhere. Digitalization can bring significant benefits to organizations and businesses. However, its advantages are abused to fake the digitized documents. Document fraud is not only a criminal act but also draining finance of organizations and governments. With the open and unlimited access of internet, it is hard to control the situation of document fraud. V-ID team has decided to stop this behavior by developing V-ID platform.
V-ID is a verification and validation service for entire digital documents based on blockchain technology. It is developed by WIDIDI, a software developer based in Zwijndrecht, Ridderkerk and London.V-ID platform allows document owners submit their digital files to validation process then V-ID system will extract the data fingerprint and record it into blockchain with the timestamp. Only the fingerprint will be stored, V-ID platform does not save the content of documents. V-ID return the Origin Information Certificate (OIC) to the validated document’s owners, and it is considered as a proof of origin documents. The validation process is possible to occur in two ways, by employee of V-ID or document issuer. The validated documents can be published anywhere with the certification and the recipient has ability to verify these documents anytime through V-ID platform.
V-ID Token (VIDT) is issued as a utility token based on Ethereum platform (ERC-20 token). VIDT will be used as a means of payment for validation process. In addition, V-ID team has run the token sale to fundraising for V-ID project with the expectation of rapid development of V-ID.Pre-sale start date: 15 Sep 2018
Public start from: 15 Oct 2018
Token Sale end: 15 Dec 2018
Total supply: 100,000,000
Token price: $ 0.20
Soft cap: $ 1,000,000
Hard cap: $ 8,000,000
V-ID team has a good connection and collaboration at work because they have been working together for more than 10 years. Each member has the many years’ experience and professionalism in their field.
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