Marnix van den Berg ICO team member replied on 3 Sep 2018

Dear Tinh,



Thank you for your review, we sent you a linked invite so we can have a call to talk this through. About your questions:



"How to validate these documents if you dont have a big data to verify them?"

> Our process does not rely on big data. We have an extensive validation process and a universal user friendly verification process that both utilise certain blockchain technologies. With V-ID each recipient of a validated document can verify it on V-ID.org. Validation of documents is always done by 2 or more parties. In some cases, a notary is also present. This ensures the reliability of the validated documents. You can read more about the validation process here > https://medium.com/@pim_vee/v-ids-file-validation-process-explained-fc592782e14a





"Many KYC now uses manual process to validate these documents so I wonder whether you need blockchain technology to do this?"

> The blockchain technology ensures that the validated documents, such as diplomas, certificates, incident reports and audit trails, can not be changed unnoticed. Manual checking is no proof that a document existed at a certain time. Blockchain validation is.



"Even the softcap is low but this makes me feel concerned of its ROI and how investors can benefits from their investment?"

> V-ID is already a running company with paying customers. We keep this token sale to scale up faster. Within our tokenomics model is a mechanism that shares part of the revenue with token investors through our H-Program. This means, the more growth V-ID accomplishes, the higher the bonuses awarded to the investment community. You can read about this in detail here > https://medium.com/@pim_vee/this-is-how-v-id-awards-quarterly-performance-based-bonuses-to-its-token-investor-community-160f8d1b7bf8



If you have more questions you can always contact me though Linkedin or Telegram.



Best regards,



Marnix

Lead Development

V-ID