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Hefei
1 Level
130 Review
17 Karma

Review on VideoCoin by Nikolay Sadonin

Revainrating 4 out of 5

Blockchain technology is used to address document fraud.

It is extremely encouraging for VIDT goods and their acceptance. Does the team and alliances also have a view to further expansion? We feel that VIDT might be an interesting starting point with its recent retracing.



I also believe, however, that VIDT will steadily enjoy value in the longer term since its product has already been accepted substantially which contributes to the token's real world demand and also to a token supply deflation.



The solution from V-ID is very polyvalent. Does not work with only PDFs for any file format. The V-ID solution can thus also check and verify audit trails and safety footages, but also pictures and videos.



This allows V-ID to be extremely adaptable in terms of possible use cases, from fraudulent invoicing to Rembrandts authentication.



A superb user-friendly solution, frequently a major sales point for customers. Files need no change and may be confirmed and checked simply using the drag & drop interface. Satisfied and extremely safe with GDPR.

Pros
  • It gives a comprehensive approach to the verification of documents and does not focus on one area.
  • Convenient to use with an easy user interface for startups and small companies.
  • In one of the most sophisticated nations of Europe, it is a fully growing market.
  • At this moment, there are almost no restrictions. In every element of regular business activities across all industries, digital files are being generated.
Cons
  • In this sector, there are several big players.