V-ID (VIDT) is now available on Kyber Network

Published in

Kyber Network

4 min readJul 30, 2020

We’re happy to announce that V-ID will be running an Automated Price Reserve for the VIDT token on Kyber Network!

The VIDT token will be accessible through KyberSwap and other DApps and platforms that are powered by Kyber’s on-chain liquidity protocol — the most popular #DeFi protocol in terms of number of users and integrations.

To date, Kyber Network collectively supports over 70 ERC20 tokens. Learn how to buy/sell ERC20 tokens on KyberSwap with our basic guide.

Listing information for VIDT

Listing date: Thursday, 30th July, 2020
Listing time: 9 PM (GMT+8)

About V-ID

V-ID’s mission is to safely certify and secure all digital assets, so fraud and errors no longer hold back society’s innovations in digitalization. V-ID is a service that detects any unlawful manipulation of any digital file. In order to make files verifiable, they must be validated.

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%.

Learn about V-ID through this video: https://youtu.be/p1t5ktyvUBQ

The contextual information of a file, like the publishing party and the file’s purpose, is always saved on the V-ID Platform. The digital fingerprint is saved on 1 or more blockchains. There are a couple of conditions that need to be met, for a blockchain to be useful for V-ID Validation, but this also depends on the use case and the clients’ protocols.

The VIDT API enables organisations to certify and secure their digital data against fraud and manipulation. With the VIDT DataLink architecture, V-ID is compatible with virtually any existing system to ensure data integrity without impacting workflows.

Cloud Integrations

Being able to connect cloud services has always been a priority for the V-ID development team as the ultimate leap towards near endless connectivity possibilities of the VIDT platform. This enables any high-volume business platform to effortlessly certify large numbers of documents using V-ID. The success of the IBM Cloud integration has proven that it is feasible. This means that cloud services from other cloud providers, like AWS or Azure will be able to connect to the VIDT API as well.

V-ID currently offer 8 blockchains to save the fingerprint to:

Ethereum, which has many nodes, about 100000, that ensure continuity and safety in numbers.
LTO Network, a hybrid blockchain, built for business, fast and GDPR compliant.
IBM’s Hyperledger: this blockchain is more closed, with less nodes, but more control over the network.
Fantom, a high-performance, scalable, customizable, and secure smart-contract platform. DigiByte, a very well known blockchain with great community support, a high node count and one of the most decentralized UTXO’s
Waves, a Fast, decentralized and open network with a focus on accessibility, security and easy integration
BinanceChain is a blockchain developed by Binance and its community that implements a vision of a decentralized exchange (DEX) for digital assets.
DigiByte, one of the safest, fastest, longest and most decentralized UTXO blockchain in existence.
Bitcoin, the most well known blockchain, with estimates of over 200000 nodes around the world.

View the V-ID Roadmap: https://about.v-id.org/roadmap/

V-ID Partners & Clients

Case Studies: Data integrity is the most important factor in our digitising world. See how other companies have integrated V-ID into their processes.

VIDT Token

The V-ID Token (VIDT) is what makes validations possible. V-ID appoints wallets to issuing organizations containing a balance of VIDT.

Every time an organization validates a file a VIDT transaction is made which records all necessary details (filetype, validation location, timestamp, identity). The VIDT token used in the transaction will be deducted from the validating organization’s wallet.

View the usage dashboard: https://about.v-id.org/vidt-usage-dashboard/

For more information on V-ID

Website: https://about.v-id.org/
Roadmap: https://about.v-id.org/roadmap/
Twitter: https://twitter.com/v_id_blockchain
Blog: https://medium.com/@pim_vee
Telegram: https://t.me/vidtoken
Instagram: https://www.instagram.com/vidtofficial/
Youtube: https://www.youtube.com/channel/UCh6xfbjMUeYFUO-2O_wRSBA/videos
Github: https://github.com/V-ID/V-ID-Token
Reddit: https://www.reddit.com/r/VIDT/
Linkedin: https://www.linkedin.com/company/v-id/
Whitepaper

Token information: VIDT

Etherscan: https://etherscan.io/token/0x445f51299ef3307dbd75036dd896565f5b4bf7a5
Coinmarketcap information: https://coinmarketcap.com/currencies/v-id/

About Kyber Network

Kyber is an on-chain liquidity protocol that aggregates liquidity from a wide range of reserves, allowing decentralized token swaps to be integrated into any application. Using this protocol, developers can build innovative payment flows and applications, including instant token swap services, ERC20 payments, and financial DApps — helping to build a world where any token is usable anywhere.

Kyber is the most used and integrated decentralized finance (DeFi) protocol in the world, with over US$1 Billion worth of transactions facilitated since its inception. Kyber supports over 80 different tokens, and powers over 100 integrated projects including popular wallets Trust, Enjin, Argent, Eidoo, and the HTC Exodus smartphone, as well as DeFi platforms Nuo, DeFi Saver, InstaDApp, Set Protocol, Melon, and many others.

Watch this intro video: https://t.co/aT1ZfFWryM