V-ID On Course To Help Combat Fraud And Manipulation On The Digibyte DLT Platform


V-ID On Course To Help Combat Fraud And Manipulation On The Digibyte DLT Platform

Digital file security will receive a big boost with the introduction of V-ID, a digital validation system that allows anyone to secure their digital file against tampering on the Digibyte platform.

Another Form Of Digital Security

Combating fraud and manipulation is one of the primary functions of the V-ID. The digital validation system tends to offer verification of files within five seconds.

It determines the authenticity of files,  reducing fraud to its barest minimum.

With the digitalization of virtually everything, it is pertinent to tighten the security around files and essential documents.

Hackers and fraudsters can easily access the contents of the documents and change it to suit their fraudulent aims and objectives if the security is not strong enough.

Giving voice to thought, the Chief Marketing Officer at Digibyte, Rudy Bouman, said in a recent statement:

“Enhancing cyber security and making the internet a safer place is a long-term mission of the Digibyte platform. We are excited to see the Digibyte foundational protocol being used by companies like V-ID who require fast, safe and highly decentralized transactions. The ability to authenticate digital files without a third party will not only reduce fraud but open new opportunities and innovations.’’

Exploring the versatile nature of the blockchain technology, V-ID stands tall as a decentralized platform where the owner of a  document can upload his/her material and lock it.

The document can then be renamed, distributed and copied without the fear of alteration in any form.

The recipient of the document can also use V-ID to check the authenticity of the file within 5 seconds, thereby boosting the confidence of both the sender and the recipient of the document.

Combating fraud and manipulation is the primary function of the V-ID ecosystem, and the platform is doing its best to secure digital files, without going against significant regulations like the GDPR guidelines.

Identifying the immense features of the platform, major names like Airbus Defence and Space, WildRadar Fauna, Vitrument and Maritime Cyber Alliance have started using V-ID to secure their precious documents and files.

Learn more about V-ID- https://token.v-id.org/
Read the V-ID whitepaper- https://token.v-id.org/whitepaper/
Follow V-ID on twitter- https://twitter.com/v_id_blockchain
Check out V-ID on Medium- https://medium.com/@pim_vee
Connect on Linkedin- https://www.linkedin.com/company/v-id/
Watch V-ID videos on youtube channel- https://www.youtube.com/watch?v=w32irl45VkU
Follow Digibyte on twitter- https://twitter.com/digibytecoin
Media Contact
Contact name- Marnix van den Berg
Contact email- [email protected]

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