V-ID - Document verification platform on the blockchain

V-ID is developed by WIDIDI. Since 2008, WIDIDI has been using its constantly evolving M16 platforms to carry out software projects for its customer base. WIDIDI specializes in secure environments, connections and communications.

Compared with WIDI regular large-scale projects, V-ID is a unique and scalable service. Therefore, the optimal expansion of V-ID as a service requires a different approach. One of the milestones in 2018 will be the creation of a V-ID as a separate organization in the form of a fund.

https://youtu.be/w32irl45VkU

Funding will be generated through the large-scale sale of tokens in order to accelerate the development of the V-ID platform, as well as facilitate marketing research.

Over the next 3 years, V-ID will become the market leader in file fraud protection, as SSL has become in the field of secure Internet connectivity.

After a private sale, funding will be allocated to a marketing campaign to promote the sale of tokens.

V-ID Utility Token offers specific added value in identifying issuing organizations, storing digital fingerprints in a smart contract, and processing payments for verification.

Technical development V-ID focuses on the widespread use of fail-safe to prevent fraud.

V-ID

Motives

As society continues the process of digitalization, new forms of digital crime are emerging. The media daily report such incidents as data leakage, personal data fraud, document fraud and fake news.

One particular new technology could provide a breakthrough in dealing with these criminal side effects. This technology - blockchain, has the potential to become one of the most important technological pillars of the modern world.

Ambitions

What was the standard mode before V-ID? Just as it is now difficult to imagine what the world was like before the advent of the Internet, we believe that VID will become a widely accepted and widely used element of modern digital society.

V-ID will be used by any organization that wants to protect its digital files from fraud in a secure way. Compare how SSL-certified connections are currently used for websites.

At a later stage, the V-ID can focus on online identification and analysis of both individuals and companies.

SWOT Analysis

Strengths

• Unique product
• Simple and scalable concept
• Widely applicable
• Proven Use Case
• Active starting user base
• Sufficient liquidity
• Strong team
• Proven software platform
• Foundation (10 years + in development, approx. 100,000 users)

Weakness

• Power
• Outdated projects (existing contracts)
• Limited marketing budget

Perspectives

• Giant market
• Different sectors
• Generally applicable
• Blockchain is still a new and noisy term.

Threats

• The first signs of competition
• The probability of bad news about the blockchain in general
• Perception of complexity
• The rate of adoption is unpredictable.

V-ID TOKEN

Token distribution

The V-ID service token is an ERC20 token that is used to identify wallet addresses (for issuers / reviewers) and is used as a payment for verification.

The platform can be used online (human interface) and the number of applications, SOAP and REST APIs will grow to form the final secure bridge for testing, with the most common modern software (using web services and system interfaces).

Token's public sale event, scheduled to start on September 15, 2018, is characterized by: 
Pre Sale: September 15, 2018 
Public: October 15, 2018 
Token End Sale: December 15, 2018 
Maximum number of VIDT tokens: 100,000,000 
Cost of VIDT: $ 0.20 
Soft cap: $ 1,000,000 
Hard cap: $ 8,000,000

* The price of the token must be high enough to cover the V-ID transaction costs, including the transaction fee for Ethereum and Bitcoin.

Economy of token

USEFUL LINKS

1. Website
2. Whitepaper
3. Facebook
4. Twitter
5. Telegram  
Author:dhavid19
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1795848
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