Digital file safety boosted by V-ID and DigiByte: Real world adoption of blockchain expertise

V-ID Press Release

Bitcoin Press Release: V-ID permits anybody to safe his or her digital file towards tampering on the DigiByte platform.

24th September, Rotterdam – Digital file validation system V-ID presents verification of originality of any file inside 5 seconds to counter fraud and manipulation. With rising dependency of documentation and recordsdata which are digitized, it’s changing into simple to alter the contents and faux possession or contents inside. This has triggered an alarming scenario the place delicate paperwork (private, enterprise and even governmental ones) are used for private or nefarious functions.

According to Rudy Bouwman, Chief Marketing Officer at DigiByte and Co-Founder of the DigiByte Awareness Team:

“Enhancing Cyber Security and making the Internet a safer place is a long-term mission of the DigiByte blockchain. We are excited to see the DigiByte foundational protocol being used by companies like V-ID who require fast, safe, and highly decentralized transactions. The ability to authenticate digital files without a third party will not only reduce fraud, but open the door to new opportunities and innovation.”

V-ID And its Digital Verification

Using the immutable nature of blockchain to its benefit, V-ID is a decentralized platform that creates an ecosystem the place paperwork could be uploaded by its true proprietor and all facets of the file are locked. Once completed, the paperwork could be freely despatched anyplace, copied, distributed and even renamed with out ever worrying about alteration. A recipient can use the V-ID system to confirm the originality of the doc in lower than 5 seconds.

The V-ID ecosystem presents the proper resolution to doc fraud. The platform doesn’t maintain the recordsdata in its file (Thus permits possession to reside with the fitting particular person) and complies with the lately developed GDPR pointers.

Practical Use

The V-ID verification solutions a number of the most vital points seen in latest instances. Criminal exercise thrives on doc manipulation (forging offers, financial institution data, medical knowledge and even crime stories); employers and organizations can not reality test each instructional and expertise doc submitted by workers; authorities and delicate paperwork within the diplomatic circle are paramount to nationwide curiosity and prone to tamering and so forth and so forth.

Unlike many different blockchain platforms which are proof of idea or are in improvement, V-ID is being really utilized by large names corresponding to Airbus Defence & Space, WildRadar Fauna, Vitrumnet (fiber networking) and even Maritime Cyber Alliance.

DigiByte Protocol

DigiByte is a public blockchain that has had over four years of improvement. . The ecosystem presents one essentially the most safe techniques with the quickest block time (15 seconds per block). With the general public blockchain being best suited for small, a number of transactions a seconds, the V-ID opted to make use of the DigiByte blockchain to run its verification system, passing over the market de facto ones like Ethereum.

Marnix van den Berq, Lead Development V-ID stated:

“The DigiByte blockchain will empower the V-ID company providers with nice transaction pace at low prices. Combined with the immense unfold of the DigiByte community, it’s a superior retailer of publicly accessible and timestamped V-ID knowledge”

VIDT, Securing Originality

The V-ID platform is powered by its native VIDT token. The token sale is reside in the intervening time, with 100,000,000 VIDT out there to backers at USD 0.2 per VIDT token. The occasion carries a tender cap of USD 1,000,000 and a tough cap of USD 8,000,000. The occasion additionally carries a bonus scheme for traders that can cut back sequentially because the occasion time passes on (at the moment at 33%)

Learn extra about V-ID – https://token.v-id.org/
Read the V-ID Whitepaper – https://token.v-id.org/whitepaper/
Follow V-ID on Twitter – https://twitter.com/v_id_blockchain
Check out the V-ID Medium – https://medium.com/@pim_vee
Connect on on LinkedIn – https://www.linkedin.com/company/v-id/
Watch V-ID vids YouTube Channel – https://www.youtube.com/watch?v=w32irl45VkU

Learn extra about DigiByte – https://www.digibyte.io/
Follow DigiByte on Twitter – https://twitter.com/digibytecoin

Media Contact

Contact Name: Marnix van den Berg
Contact Email: marnix@v-id.org

V-ID is the supply of this content material. Virtual foreign money is just not authorized tender, is just not backed by the federal government, and accounts and worth balances aren’t topic to client protections. This press launch is for informational functions solely. The data doesn’t represent funding recommendation or a proposal to take a position.

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