V-ID is the best candidate to become a de facto standard solution for document fraud.
The service uses common and reliable principles to check and verify any digital file from any publisher. This is possible thanks to the invariable and transparent nature of the blockade.
Some of the first customers currently using V-ID include Airbus Defense Space, ESHRE European Research Institute and Vitrumnet fiber optic provider.
The issuing organization can register any file via the V-ID verification process, allowing each recipient to verify its authenticity in seconds and for free. V-ID does not save a copy of the verified file and therefore easily complies with GDPR recommendations.
The current Utility V-ID offers specific added value to identify issuing organizations, store fingerprints in an intellectual contract and process payments for verification.
Problem
One of the disadvantages of digital digitization of society is the difficulty of combating digital fraud. The solution
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 saves the file in the V-ID, the recipient can verify the authenticity of that file.
The V-ID verification process ensures that the person who saves the file actually represents the issuing organization of the file. V-ID does not save a copy of the verified file and therefore easily complies with GDPR recommendations.
Verification
The recipient of the file can verify the authenticity and content of the file by entering it into the verification terminal at https://www.v-id.org. After checking the file, V-ID creates an analysis report. The OIC (Origin Information Certificate) is available in PDF format. This certificate contains all information about the sending party, the file itself, and all data in the blockchain, such as a time stamp and proof of existence. Verification Process Verification can be done in two ways: verification by a certified V-ID employee and self-assessment. For each control, a transaction is executed with V-ID tokens. Because of the data associated with these transactions in the blockchain, the validation part and the checked file are completely transparent.
This method allows the publishing organization employee to check the files at any time. V-ID assigns a purse to the issuing organization containing 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. Many start-ups and research groups 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 the participation of 111 students who received a digital version of their degree with the physical version. In this concept, only a student can download a copy of the diploma. The concept only works through the application and recipients can not verify the authenticity of the certificate later. Gradbase and Skillchain are two startups dedicated exclusively to the CV. Both are still in the development phase and have no customers yet. DiguSign is a project developed by the community of enthusiasts around the play DigiByte.
It uses the digital signature for documents and writes them into the blockchain via the project environment. They leave the verification process to the users. There are no customers yet, but DigiByte claims to have more than 1,000 users.
In addition, there are many commercial organizations, such as Adobe and Signix, that offer some confidence in the origin of digitally signed documents.
Nevertheless, they are unilateral methods, difficult to apply and difficult to verify. In addition, the corresponding files must be adapted for this purpose, and these "signatures" or password protection do not provide real and seamless 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 blockbusters in the world.
Detailed information:
Website: https: //token.v-id.org
Support: https: //medium.com/@pim_vee
Telegrams: 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/
Author: Bentadem11
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