Read on Twitter
@VIDT_Datalink $VIDT
My New #Crypto 2021 Bag (and longer)
#Data is everything and that won't change going forward.
It keeps becoming bigger and bigger and therefore fake data is also increasing, day after day.
Let me share some brief thoughts about V-ID a bit.
/Thread
My New #Crypto 2021 Bag (and longer)
#Data is everything and that won't change going forward.
It keeps becoming bigger and bigger and therefore fake data is also increasing, day after day.
Let me share some brief thoughts about V-ID a bit.
/Thread
What is #VIDTdatalink ?
In a few simple words - it's a blockchain powered document certification service which uses the V-ID API to enable organisations to certify data against fraud.
Its architecture is compatible with virtually any existing system out there.
In a few simple words - it's a blockchain powered document certification service which uses the V-ID API to enable organisations to certify data against fraud.
Its architecture is compatible with virtually any existing system out there.
Watch this short introduction video to understand it even better:
The problem nowadays is that, with the amount of data being created, shared, sold etc. etc. daily, the amount of fraudulent data increases too.
Example:
There is a visual evidential file which will be used in court. that file though, has been manipulated with photoshop...
Example:
There is a visual evidential file which will be used in court. that file though, has been manipulated with photoshop...
...and therefore causes confusion and potentially a legal issue that becomes harder to solve and/or very expensive.
V-ID solves this, as it has verified the original document on the blockchain.
Now, if gets manipulated, it would not match with the original anymore.
V-ID solves this, as it has verified the original document on the blockchain.
Now, if gets manipulated, it would not match with the original anymore.
Hence, it becomes clear which one has been approved and verified very quickly, saving a lot of time & money with a source of trust.
Scams are everywhere and therefore a solution like @VIDT_Datalink provides is needed in a digital age we are living in.
Scams are everywhere and therefore a solution like @VIDT_Datalink provides is needed in a digital age we are living in.
When it comes to partners, @IBM is certainly one of the biggest ones so far.
Yet, they are building heavily in the background and have a real world use-case with continuous news coming out.
Also, it's building on @wavesprotocol, which is a respected platform in the space.
Yet, they are building heavily in the background and have a real world use-case with continuous news coming out.
Also, it's building on @wavesprotocol, which is a respected platform in the space.
As you know, I am not a fan of too many projects and don't have a huge longterm portfolio either.
When it comes to data projects, they got my attention. And if they have a working product, I am all ears.
DYOR and let me know your thoughts about it!
When it comes to data projects, they got my attention. And if they have a working product, I am all ears.
DYOR and let me know your thoughts about it!
No, this is not sponsored. I am not getting paid nor compensated in any other way.
