V-ID is the best candidate to become the de facto standard document fraud solution.
The service uses common and reliable principles to verify and validate any digital file of any publisher. This is possible due to the invariable and transparent nature of the blockade.
Airbus Defense Space, ESHRE European Research Institute and Vitrumnet, a supplier of optical fibers, are among the first customers who currently use V-ID.
The issuing organization can register any file through the V-ID platform verification process, allowing each recipient to verify its authenticity in a matter of seconds and for free. V-ID does not save a copy of the verified file and therefore easily follows the recommendations of the GDPR.
The Utility V-ID Current offers specific added value for identifying issuing organizations, storing digital fingerprints in an intelligent contract and processing payments for verification.
The Challenge
One of the drawbacks of digital digitization of society is the difficulty of dealing with fraud with digital files. Decision
V-ID is a service that uses blockchain technology to make digital file fraud impossible. V-ID users can be divided into two groups: creators and recipients. When the creator registers the file with a V-ID, the recipient can verify the authenticity of this file.
The V-ID verification process ensures that the person registering the file actually represents the organization issuing the file. V-ID does not save a copy of the verified file and therefore easily follows the recommendations of the GDPR.
Verification
The file recipient can verify the authenticity and contents of the file by entering it into the verification terminal at https://www.v-id.org . After checking the file, the V-ID generates a verification report. OIC (Certificate of Origin Information) is available in PDF format. This certificate contains all the information about the issuer side, the file itself and all the data in the blockchain, such as a timestamp and proof of existence. Verification process Verification can be carried out in two ways: verification by a certified V-ID employee and self-assessment. For each check, a transaction is executed with the V-ID tokens. Because of the data associated with these transactions in the blockchain, both the relying party and the verified file are completely transparent.
This method allows an employee of the publishing organization to check files at any time. V-ID assigns the wallet to the issuing organization that contains the V-ID token balance. All issuing organizations and partners will be verified by V-ID.
Competition
There is no standard de facto solution against document fraud. There are many startups and research groups that are experimenting with a form of security using blockchain technology.
The Massachusetts Institute of Technology (Massachusetts Institute of Technology) conducted a pilot program in 2017 with 111 students who received a digital version of their diploma along with a physical version. In this concept, only a student can download a copy of the diploma. The concept works only through the application, and recipients cannot verify the certificate for authenticity later. Gradbase and Skillchain are two startups that focus exclusively on resume. Both of them are still under development and do not yet have clients. DiguSign is a project developed by a community of enthusiasts around the DigiByte coin.
It uses a digital signature for documents and writes them into a blockchain through the project environment. They leave the verification process to users. There are no customers yet, but DigiByte claims that they have more than 1000 users.
In addition, there are quite a few commercial organizations, such as Adobe and Signix, that offer some confidence in the origin of digitally signed documents.
However, these are one-sided, not easy to use, and not easily testable methods. In addition, the corresponding files must be adapted for this purpose, and these “signatures” or password protection do not provide real, flawless protection against file changes.
Verification services are offered by a growing number of market participants, such as Nuffic and Trulioo. These services use methods based on human control, using knowledge, experience and sampling.
An interesting concept is Civic, which offers a similar verification and verification service for personal identification (passports, etc.). Civic also bases its method on the Bitcoin protocol, the most famous blockchain in the world.
Detailed information:
Веб-сайт:https://token.v-id.org
Medium:https://medium.com/@pim_vee
Телеграм:https://t.me/vidtoken
Facebook:https://www.facebook.com/vidtoken
Twitter:https://twitter.com/v_id_blockchain
Github:https://github.com/v-id
Reddit:https://www.reddit.com/r/VIDT/
Athour
