What is VIDT Datalink (VIDT)? Things to know about VIDT Datalink and VIDT . token

What is VIDT Datalink (VIDT)?

VIDT Datalink enables organizations to protect their digital data from fraud and manipulation. Organizations like Nyenrode, AmSpec, and IBM use VIDT Datalink to validate and secure digital documents such as certificates, invoices, diplomas, and sensor data. 

V-ID (VIDT) is a blockchain-based document authentication service. Companies can apply the VIDT API to protect their digital data from fraud and manipulation online. One of the main challenges of authentication is determining if the file being verified was issued by a legitimate person or entity representing the issuer. VIDT solves this problem by using blockchain technology, which has the most potential to ensure that any fraud doesn't get in the way of digital progress.

The goal of VIDT's protocol is to ensure the integrity of digital documents. Those who want to adopt the solution can easily record their encrypted files on the VIDT blockchain via the project's API. This facilitates the integration of VIDT with many well-known programming languages ​​such as Python, PHP, Java and JS.

Technology of VIDT Datalink

  • Publisher: A publisher is the organization and creator of files, data, and (digitally) art. The creation of documents or data can be done using hardware devices or services.
  • Build: These publishers can be linked to any cloud service, which will then connect to the VIDT API. 
  • Secure it: Only (encrypted) fingerprint files are stored in the blockchain. This ensures privacy and GDPR compliance. Another option for publishers is to connect directly to the VIDT API.
  • VIDT API: Fully compatible with all major programming languages ​​and thus easily linked to any business software platform.
  • VIDT BEP20 Tokens & VIDT NFTs: VIDT Smart Contracts complete multiple tasks each time a file is anchored. It identifies the publisher (issuer), stores the (encrypted) hash of the file in the transaction itself, the smart contract, and optionally in the receipt tree (to be used directly in the wallet app, DAPP & NFT).
  • Standard anchoring and NFT generation are facilitated using VIDT (Smart contract) Smart Contracts on the BSC blockchain. Furthermore, periodic mass anchoring is done using Bitcoin and the Ethereum blockchain.

What is VIDT Datalink (VIDT)?  Things to know about VIDT Datalink and VIDT . token

Highlights of VIDT Datalink

Here are some outstanding features of VIDT Datalink such as:

  • The simplest file protection

If examining a file is too difficult, no one will be able to absorb it. With V-ID, checking a file only takes about 5 seconds for any popular internet browser. Especially, there is no need for plugins, or to install any programs.

  • Digital fingerprints

V-ID extracts the unique fingerprint of the authentication file and stores it in the Blockchain. A non-compliant reformed file will always have another digital fingerprint that will appear as “not authentic” upon verification.

  • Low impact of V-ID

Whether it's automated file validation using the VIDT API or using a simple drag-and-drop terminal, V-ID adapts to any workload or workflow, with very low impact on workflow. your workflow.

User partners of VIDT Datalink technology

IBM

With the Internet of Environments project, IBM and its partners are linking IoE sensors with IBM Watson. IoE provides an ecosystem where IoT sensors can emit data along with proof of data origin and creation time. In addition, blockchain certified reports are generated with the data changed into authentic and easy to understand information.

LTO Network

LTO Network is a hybrid blockchain for security, verification, and exchange of business-critical information. LTO is on a mission to create and maintain a fully decentralized and highly efficient blockchain infrastructure that is directly applicable and aimed at creating value for organizations. For LTO, VIDT Datalink provides an excellent user interface and plug-and-play verification solution.

VerifyAllDocuments.com

The V-ID Service is the first and one of the largest VIDT Data Link integration tools. They provide low barrier document verification and NFT generation for publishers like Amsterdam Classic Watches, Airbus, Nyenrode, Factorylab & Douwes Fine Art. With their verification terminal, they play an important role in the Datalink VIDT ecosystem.

Procentec 

Procentec is at the forefront of their industry, tackling digital fraud with state-of-the-art innovations. This year Procentec will launch Lockbox; a platform to ensure the security of any, all, and factory-installed firmware. This will revolutionize the way facilities achieve 100% data integrity.

Navarik

Some of the world's largest oil companies use Navarik's software to manage global oil shipments. With valuable data flowing daily through Navarik's platforms, data integrity is of paramount importance. By integrating VIDT Datalink technology into their products, Navarik makes all critical data verifyable, automatically or manually, in 5 seconds.

Notable milestones of the project

  • July 2020: partnership with Waves to integrate anchor data for Gravity and Neutrino protocols.  
  • July 2020: joins Dutch Blockchain Alliance as a partner.  
  • February 2020: partnered with IBM to install the first IoT sensors at IBM Headquarters.  
  • January 2020: announced a partnership with Frank & the Backs, who will help execute VIDT Datalink's scaling strategy.  
  • January 2020: Gert-Jan Huizer joins VIDT Datalink as a Strategic Partner.  
  • January 2020: announced a partnership with Fantom to collaborate on government related projects.

What is VIDT token?

The VIDT token is the native token of the VIDT Datalink platform. Has the following roles:

  • Each time a publisher timestamps a file or an NFT is generated, a VIDT token transaction is performed to record all the necessary details into some blockchain. This makes the VIDT BEP20 token an integral part of the VIDT data federated validation process.
  • VIDT tokens have a time-based deflation mechanism. Starting April 2021, all VIDT integrators are required to use VIDT Autoburner for all their authentications. With Autoburner, 25% of all tokens, used to generate VIDT NFT and authenticate documents, will be burned forever. In this way, the Total Supply of VIDT is decreasing day by day.

Some basic information of VIDT . token

Ethereum Blockchain

  • Token Name: VIDT Datalink Token
  • Ticker: VIDT
  • Blockchain: Ethereum
  • Token Standard: ERC-20
  • Contract Address: 0xfeF4185594457050cC9c23980d301908FE057Bb1
  • Supply of circulation: 49,428,303.18 VIDT
  • Total supply after burning: 56,197,116 VIDT
  • Total Initialization Supply: 100,000,000 VIDT

VDT . Token Allocation

  • Private Sale: 10.08%
  • Public Sale: 19.07%
  • Validator Pool: 12%
  • Team: 3%
  • Advisors: 2%
  • Ecosystem development fund: 10%
  • Airdrop & Bounty: 7.15%
  • Tokens used to burn: 37%
  • Initial initial supply of 100,000,000 million tokens. Of which 32,850,000 unsold will be burned for the first time.

What is VIDT Datalink (VIDT)?  Things to know about VIDT Datalink and VIDT . token

VIDT token sale

VIDT Datalink opens ICO sale through 2 rounds of Private sale and Public Sale as follows:

  • Private sale (September 15, October 20, 20218) : Selling price $ 0.08 / 1 VIDT total sold 100 million coins and earned $ 8 million
  • Public Sale (October 15 - December 20, 2018): Selling price is $ 0.4 / 1 VIDT total sold 50,000,000 coins and earned $ 20 million

In total, after 2 rounds of selling the platform, it has raised more than 28 million USD.

VIDT token use case

Here are some use cases of VIDT token:

  • Used to authenticate files, identities, timestamps, etc.
  • Transaction fees on the platform
  • Buy and sell with other people
  • Used for individuals and organizations who want to sign up to use VIDT Datalink technology
  • Only Validator Pool with 12 million tokens will be locked and never circulated

VIDT token distribution roadmap in 5 years

What is VIDT Datalink (VIDT)?  Things to know about VIDT Datalink and VIDT . token

  • Below is a chart of how the total supply of VIDT tokens will decrease over time

What is VIDT Datalink (VIDT)?  Things to know about VIDT Datalink and VIDT . token

How to earn and own VIDT

VIDT is tradable on Binance, Kucoin, Uniswap and JulSwap. Trading volume on Binance is currently the highest

What is VIDT Datalink (VIDT)?  Things to know about VIDT Datalink and VIDT . token

VIDT . token storage wallet

VIDT tokens all have BEP20 and ERC-20 standard codes, so they can store most of today's standard wallets such as:

  • Coin98 Wallet
  • Trust Wallet
  • Metamask

Or you can save directly on the account of the exchange you bought.

Development Team, Advisory Team & Partners

Development team

VIDT Datalink was founded by Marnix van den Berg , Pim Voets and Ceciel van Helden , according to SimpleSwap .

Currently, the project is being managed by an advisory board and Joshua Jenster is the group's chairman. Prior to that, he founded the IT consulting firm Edge Innovations.

According to her Linkedin profile, Jenster previously served as a Business Solutions Specialist at Wididi BV – a company that specializes in workflow and sensitive information management, and also provides solutions for certification and recognition.

Following that experience, Jenster joined WordProof, a blockchain-based protocol that timestamps and generates authentication certificates for WordPress entries.

Advisory group:

Gert-Jan Huizer- (Strategy and Development Advisor)

  • Gert- Jan Huizer is a senior commercial executive with a track record of building and leading international teams in sales, product management, and business development in wholesale, corporate environments. and scale up.

Jolanda ter Maten – (Advisor)

  • Jolanda Ter Maten is an expert of the EU Commission on “Blockchain Observatory & Forum” and “Horizon2020”. Maten has more than 25 years of experience in educating innovation and new technologies to a wide range of audiences.

Rudy Bouwman – (Advisor)

  • Rudy Bouwman is the Vice President of the DigiByte Foundation & Co-Founder of the DigiByte Awareness Group. Digibyte has an unwavering commitment to achieving a safer, faster and more forward-thinking blockchain technology that is accessible to all people around the world.

Petra van Dooren – (Advisor)

  • Petra van Dooren has over 15 years of experience in various roles in government operations. Aware of the growing bureaucracy that baffles customers and employees. Believing that blockchain could provide a solution, he founded Cryptobuddies.nl to educate and train people to understand and implement value-added blockchain solutions.

Partner

  • VIDT Datalink's partners are investment funds, Blockchain platform...

Future of VIDT Datalink, should invest VIDT token?

VIDT Datalink is a platform that provides Blockchain security services for all digital assets through Hybrid Blockchain or NFT generation. VIDT is aimed at businesses that use data storage and security, with a deflationary token mechanism, the value of VIDT will increase over time. This is an enterprise project, so the amount of tokens is mainly used to set up Nodes, and create NFTs to secure data, so the number of users is still modest, but it will have certain steps in the future. . Hope this article has brought you a lot of useful information.



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