BlockFyre Coin Research: V-ID Update
The below is an updated version of the V-ID research report from Blockfyre. The first report was released on the 7th June which you can find here.
The V-ID validation service uses blockchain technology to tackle the problem of document fraud. V-ID utilizes general and trusted principles to enable validation and verification for any digital file. V-ID has already established a working product, that is used in various industries, such as legal, education, medical, research, and tech, serving customers like Airbus Space & Defence, Krohne and JWC Superyachts, among others.
This is our 20 page presentation about V-ID. If you are a mobile user, we recommend you to turn your screen sideways.
More On V-ID
V-ID is a validation service for digital assets that uses blockchain technology to time-stamp files and make them verifiable. They describe their mission as “to safely certify and secure all digital assets, so fraud and errors no longer hold back society’s innovations in digitalization.”
The need for transparency with digital assets is particularly prominent in a time where document fraud and manipulation are costing companies billions of dollars each year, especially with crimes such as invoice fraud. V-ID can also help challenge issues such as data manipulation and identity theft.
With an increasing amount of digitisation happening across most industry sectors due to the lower operational costs and higher efficiencies, a bi-product of this advancement is that of cybercrime. V-ID aim to tackle this issue using their technology.
For more articles like this V-ID Review from the Blockfyre team, you can use this link here.
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Who are Blockfyre?
Blockfyre is an online platform that offers insights and services to provide Investors with a gateway to the world of blockchain and cryptocurrencies. Besides analysis and reports for investors, Blockfyre also offers research and consulting services aimed at companies in the blockchain/crypto sector. Our goal is to help this industry grow and succeed.
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*Disclaimer – V-ID are our Media Partners and therefore this content is sponsored by them. The fees paid by this project are used to pay for The Daily Chain salaries, dev work, hosting services, travel expenses etc.. that are required to make this company a success and continue to provide the community with great content on a daily basis.