After the dotcom bubble, only the real use cases spawned online applications that are now part of today’s society. The next phase for blockchain is similar, where it is time to prove its use with real solutions. One such solution is V-ID, a service, that detects any unlawful manipulation of any digital file.

V-ID’s broadly applicable service is currently being picked up by some serious players from the larger industrial sectors, educational institutions and medical organisations.

Current customers include Airbus Defence & Space, world leader in flow measurement instruments Krohne, European embryology research institute ESHRE and Maritime Cyber Alliance.

V-ID’s validation process involves extracting the fingerprints of files and saving them in the blockchain. If a file is changed with just one byte, pixel, character or anything else, the fingerprint is changed and V-ID will detect it 100%.

In practice, this allows ESHRE, the European research institute, to issue diplomas to their students in PDF format. The PDFs are validated by V-ID, so students can freely email them to prospective employers. The recipients can be 100% sure that the diplomas are authentic, because they can check the file’s integrity with any internet browser in 5 seconds. This combination of security and ease of use would not be possible without blockchain technology, and is in stark contrast to traditional PDF protection methods, which involve a very cumbersome process with certificates, installation of the right software and, unfortunately, a very easy to circumvent protection layer.

At the core of the validation process is VIDT, V-ID’s utility token. For each validation, a transaction with VIDT is done to record all necessary details of the file and its publisher in the blockchain. Customers who validate files, buy VIDT to do so.

V-ID can be used for any digital file, not just PDF’s, so this includes things like security footage, photo’s, tracking data, audit trails, research results, or even complete databases. As V-ID and its growing client base discover more use cases weekly, the demand for VIDT rises.

V-ID in 90 seconds

For investors who seek to invest in a utility token that is the backbone of a business process backed by a serious client base, VIDT is the one to consider.

For more information, visit v-id.org.