V-ID VIDT
Report IssueV-ID is a service designed to prevent document fraud and increase value by verifying documents using blockchain technology. V-ID's mission is to securely certify and protect all digital assets so that fraud and errors no longer hold back society's innovation in digitalization.
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$0.001
-5.07%
#2217
Blockchain Service
ByBit 
Gate 
Score Sentiment Neutral
Short Review V-ID
Crypto project V-ID (VIDT) is classified as a Blockchain Service. V-ID is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B VIDT (Circulating Supply + Tokens yet to be released - Burned Tokens).
(VIDT)
VIDT Price Chart
The launch of VIDT token trading took place on 5 April 2019.
VI-D Cryptocurrency (VIDT)
Our world is becoming digital, and all data is transferred and distributed among millions of devices. Our data can be stolen or hacked, which can cause a lot of problems and inconveniences. To protect data, V-ID has launched a unique solution with document certification services using blockchain technology.
Blockchain is currently in high demand for online privacy and security. V-ID promises to protect digital files from illegal activities. It is also claimed that the use of VIDT API helps various organizations protect digital data and also certify it against various manipulations.
History of the VI-D Project (VIDT)
The project was founded by Marnix van den Berg, Pim Voets and Ceciel van Helden. Having worked together on software since 2003, the launch of V-ID in 2018 was the result of growing demand from their customers for better security and offline document verification. With support from major clients such as Airbus Defense & Space, AmSpec and JWC Superyachts, as well as fruitful cooperation with IBM, CMS Law, DigiByte, VIDT token have gained significant popularity in the market. This audience interest in the token has led to the token price recently reaching its previous all-time high.
Advantages of VI-D (VIDT)
- Convenient operation of blockchain-based validation. VIDT Datalink's verification process requires extracting file fingerprints and storing them on the blockchain.
- Data Linking - The file information will be stored on the V-ID platform. The digital fingerprint is stored on the blockchain. Certain conditions are required for a file to be verified by the blockchain.
Disadvantages of VI-D (VIDT)
- It cannot be considered as a long-term investment . Most clients are looking for cryptocurrency to invest.
