V-ID

V-ID aims to be among the best candidates that will guarantee solutions for document fraud are found. The service utilizes trusted and generic principles to enable verification and validation for any digital file from any publisher. The service is transparent as it employs the latest technology of blockchain and the smart contracts. The platform ensures that the clients have ease when operating in the system and it allows users to maintain their privacy.

Source: V-ID.org, 2018)

The decentralized platform of V-ID that uses the blockchain technology and smart contracts

Manufacturing companies, banks and other financial institutions are a very sensitive businesses and ventures since they deal directly with the clients and their information may be prone to fraud. Economic growth entirely depends on how money flows in a nation. Security agencies like the Securities and Exchange Commission (SEC) have formulated a very strong technique and mechanism in which the organization ensures that necessary actions are taken against any business organization which tries to engage in any fraud related case. Though this has been done, the online fraud remains the greatest threat to many individuals and companies. With the advent of electronic payment methods, the organizations have adopted the following ways to protect the software to allow for online transaction to take place through automation: use of blockchain; firewall build up; and the firms have provided protection for the software by creating a barrier hence preventing access of the electronic systems by any unnecessary intruder.

V-ID has created very strong and complex passwords that can never be guessed by any intruder hence providing security to their software that aids the prevention of fraud. V-ID has also installed programs that reports any attempt by any intruder to hack or tamper with the users documents. The program reports the instant attempts giving identity, place and full information of the personality and also provides ways on which the intruder can be barred from hacking or cracking the software systems. V-ID offers a super-security measure that is very relevant in the modern world full of insecurity threats that are instigated by the information war.

Decentralization, use of the blockchain and the digitalization of the firms guarantee that the users gain a great experience. The platforms helps the users to maintain their privacy, transact faster and save cash. This is due to the fact that most of the transactions done are transparent and they can be traced. With the growth of cybercrimes, the use of distributed ledger technology and the use of smart contracts help V-ID to ensure better security for its users. Users need not to worry about their documents or files as they are kept safe from any intruder or any scammer.

ROADMAP

Conclusion

V-ID aims at offering the best platform where the users can validate the documents and ensure that they are free from fraud. V-ID will offer the most scalable, simplest and the most generically applicable solutions to prevent frauds. V-ID has a strong team that will be mandated to ensure that the solutions to frauds in businesses are found and eliminated. This will help the companies to save a lot of cash.

NB. All the images are accredited to the V-ID Website

References

Website: https://www.v-id.org/
V-ID ICO: https://token.v-id.org/?2
ANN: https://bitcointalk.org/index.php?topic=4918204.msg44277489#msg44277489
White Paper: https://token.v-id.org/page/v-id-business-white-paper.php
Facebook: https://www.facebook.com/V-ID-277311629500577/
Twitter: https://twitter.com/v_id_blockchain
Reddit: https://www.reddit.com/r/VIDT/
LinkedIn: https://www.linkedin.com/company/v-id/
Medium: https://medium.com/@pim_vee
Instagram: https://www.instagram.com/v_id_org/
Telegram: https://t.me/vidtoken

Author : Anggita dewi

Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1690762