2019 was a great year of partnerships and adoption for VID. With exchange listings and over 40 clients using their product, there is a lot of excitement for the coming year.
V-ID uses its blockchain-powered product to prevent fraud in digital documents. Precisely, the software creates a fingerprint of the document that is embedded in the blockchain. The documents can range from invoices to educational certificates or even firmware. Once the document becomes a verified part of the blockchain, it can be authenticated quickly from anywhere on the globe using the VID system.
The entire document verification lifecycle on V-ID begins with a V-ID Token (VIDT). Effectively, any organization that desires to validate the documents needs to have a wallet with a V-ID token balance.
Every time the system executes a validation, a VIDT transaction occurs and that is how the fingerprint is recorded on the blockchain. Each fingerprint holds the data like file type, timestamp, validation location, and identity of the validator. It is the publishing organization that will buy and burn the VIDT tokens creating an inherent utility to use them. The beautiful thing about the ecosystem is the fact that it is all done behind the scenes and the consumer-facing user experience is seamless.
Read More about the VID Platform in the Altcoin Buzz Overview here.
2019 Exchange Listings:
- Binance DEX
- Next Exchange
2019 Partnerships and Clients:
- AmSpec – Read More Info
- Internet Of Environments (IOE) – Read More Info
- IBM – View More Info
- JWC SuperYachts – Read More Info
- Rembrandt Art – Read More Info
- Morpheus Labs – Read More Info
- XFutures – Read More Info
- Fantom – Read More Info
- National Geographic Prints – View More Info
- Nyenrode Business University – View More Info
- + More.
With over 40 clients using the VID Product and plenty more in the pipeline, the adoption focus is great to see in such a well-targeted industry where blockchain has the power to disrupt.
Binance Community Vote:
On Thursday the 20th of February, VID will be taking place in the community vote to be listed on Binance. With such great adoption in 2019 and a promising line up for 2020, we believe it deserves to be listed and needs your support. Have your say on Thursday! Find more info below.
— Binance (@binance) February 13, 2020
2020 is looking like an exciting year for VID. With an IBM partnership already announced, a new industrial partner announcement on the way and the Binance community vote this week… It is just the beginning! Stay Tuned to Altcoin Buzz for more V-ID updates.
Learn More and Vote:
Learn more about the VID Platform, partnerships and more through the links below:
Binance Community Vote Info:
Corporate website: https://about.v-id.org
Welcome page US: https://about.v-id.org/welcome
VIDT Platform: https://www.v-id.org
Welcome page RU: https://about.v-id.org/welcome_ru
Welcome page CH: https://about.v-id.org/welcome_ch
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