V-ID
aims to be among the best candidates that will guarantee solutions for
document fraud are found. The service utilizes trusted and generic
principles to enable verification and validation for any digital file
from any publisher. The service is transparent as it employs the latest
technology of blockchain and the smart contracts. The platform ensures
that the clients have ease when operating in the system and it allows
users to maintain their privacy.
Source: V-ID.org, 2018)
The decentralized platform of V-ID that uses the blockchain technology and smart contracts
Manufacturing
companies, banks and other financial institutions are a very sensitive
businesses and ventures since they deal directly with the clients and
their information may be prone to fraud. Economic growth entirely
depends on how money flows in a nation. Security agencies like the
Securities and Exchange Commission (SEC) have formulated a very strong
technique and mechanism in which the organization ensures that necessary
actions are taken against any business organization which tries to
engage in any fraud related case. Though this has been done, the online
fraud remains the greatest threat to many individuals and companies.
With the advent of electronic payment methods, the organizations have
adopted the following ways to protect the software to allow for online
transaction to take place through automation: use of blockchain;
firewall build up; and the firms have provided protection for the
software by creating a barrier hence preventing access of the electronic
systems by any unnecessary intruder.
V-ID
has created very strong and complex passwords that can never be guessed
by any intruder hence providing security to their software that aids
the prevention of fraud. V-ID has also installed programs that reports
any attempt by any intruder to hack or tamper with the users documents.
The program reports the instant attempts giving identity, place and full
information of the personality and also provides ways on which the
intruder can be barred from hacking or cracking the software systems.
V-ID offers a super-security measure that is very relevant in the modern
world full of insecurity threats that are instigated by the information
war.
Decentralization,
use of the blockchain and the digitalization of the firms guarantee
that the users gain a great experience. The platforms helps the users to
maintain their privacy, transact faster and save cash. This is due to
the fact that most of the transactions done are transparent and they can
be traced. With the growth of cybercrimes, the use of distributed
ledger technology and the use of smart contracts help V-ID to ensure
better security for its users. Users need not to worry about their
documents or files as they are kept safe from any intruder or any
scammer.
ROADMAP
Conclusion
V-ID
aims at offering the best platform where the users can validate the
documents and ensure that they are free from fraud. V-ID will offer the
most scalable, simplest and the most generically applicable solutions to
prevent frauds. V-ID has a strong team that will be mandated to ensure
that the solutions to frauds in businesses are found and eliminated.
This will help the companies to save a lot of cash.
for more token information follow link bellow:
