ICO platform overview of the V-ID platform

V-ID is a service that uses blockchain technology to make digital file fraud impossible. V-ID users can be divided into two groups: maker and recipient. When the creator registers a file on V-ID, the recipient can verify the authenticity of this file.

V-ID was developed by WIDIDI. Since 2008, WIDIDI has been using the M16 platform which continues to be developed to run software projects for its customer base. WIDIDI specializes in safe environments, connections and communications.

Compared to the regular WIDIDI large-scale project, V-ID is a unique and scalable service. Therefore, an optimal extension of V-ID as a service requires a different approach. One milestone in 2018 is the creation of V-IDs as separate organizations in the form of funds.

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

Over the next 3 years, V-ID will become a market leader for protection against file fraud, because SSL has become a secure internet connection field.

After personal sales, funding will be allocated to marketing campaigns to promote the sale of tokens.

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

V-ID technical development focuses on expanding Fail-safe use to prevent fraud.

V-ID

Motif

When the community continues the digitization process, new types of digital crime have sprung up. Mass media daily report incidents such as data leakage, personal data fraud, falsification of fake documents and news.

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

Ambition

What are the standard operating modes up to V-ID? Just as it is now difficult to imagine what the world would be like before the advent of the Internet, we believe that VID will become a universally 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 safe manner. Compare how SSL certified connections are currently used for websites.

In the next stage, V-ID can focus on online identification and analysis of both individuals and companies.

SWOT analysis

Power

Unique product
Simple and measurable concept
Many apply
Proven Usage Options
Active user base
Adequacy of liquidity
Strong team
A proven software platform
Dana (10 years + in development, around 100,000 users)

Weakness

Power consumption
Outdated projects (existing contracts)
Limited marketing budget

Prospect

Giant Market
Different sectors
Normal applies
Blocks are still a new and noisy term

Threat

The first signs of competition
Probability of bad news about the overall blockade
Perception of complexity
The reception speed is unpredictable

V-ID TOKEN

Token distribution

V-ID token service is an ERC20 token that is used to identify the wallet address (for issuers / checking parties) and is used as payment for verification.

This platform can be used online (human interface) and will increase the number of applications, SOAP, and BREAK API-interfaces, to form the final secure bridge to test the most common modern software (through web services and system interfaces).

Public Token Sales, which are scheduled for September 15, 2018, are characterized by the following:

Pre Sale: 15 September 2018

Public: 15 October 2018

End of Token Sales: December 15, 2018

The maximum number of VIDT tokens: 100,000,000

VIDT fee: $ 0.20

Soft cap: $ 1.000.000

Hard cap: $ 8.000.000

* The token price must be high enough to cover V-ID operating costs, including commissions for Ethereum and Bitcoin transactions.

Economic tokens