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V-ID

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2018 09 07 2368680234 300x147 - V-ID

Blockchain Powered Validation

The V-ID validation service uses blockchain technology to end all document fraud. Our client base, with customers like Airbus Space & Defence, operates in various fields, including education, medical, research and tech.

About V-ID

V-ID is a service that allows companies to protect their digital files against fraud. The files are validated via the V-ID platform, after which they can be checked for authenticity at any time and within seconds.

V-ID is a service that uses blockchain technology to make fraud with digital files impossible. V-ID users can be divided into two groups: creators and receivers. Once a creator registers a file in V-ID, the recipient can verify this file’s authenticity. V-ID’s validation process guarantees that the person registering the file actually represents the organization issuing the file. V-ID does not save a copy of a validated file and therefore easily complies with the GDPR guidelines.

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. Once the file is verified, V-ID generates a report of the verification. An OIC (Origin Information Certificate) is offered in PDF format. This certificate contains all the details about the issuing party, the file itself and all blockchain data such as timestamp and proof of existence.

Validation can take place in two ways: validation by a certified V-ID employee and self-validation. A transaction with V-ID tokens takes place for each validation. Due to the data connected to these transactions in the blockchain, both the validating party and the validated file are fully transparent.

The software is fully owned and independent from commercial licenses. WIDIDI and V-ID both operate without debt capital.

Among the first clients who currently use V-ID are Airbus Defense & Space, the European research institute ESHRE and optical fibre supplier Vitrumnet.

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7th September 2018 admin

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