VIDT Datalink: What is it?

VIDT Datalink is a program for NFT validation and creation using a hybrid blockchain. Numerous integrators are using it already. VIDT Datalink tech adds value and protects its customers at a minimum cost and effort using a simple and robust formula. It already provides security for certificates, NFTs, sensor data, firmware, and other digital assets through every cloud to every chain approach. It is used by organizations like AmSpec, IBM, and NFT Claim to certify and secure digital documents, such as certificates, sensor data, diplomas, and invoices

VIDT Datalink Origin:

Three of the project’s founders, Marnix van den Berg, Pim Voets, and Ceciel van Helden, helped create the project. V-ID, which began in 2018 due to customer requests for improved security and document verification for offline documents, has been working together on the software since 2003.

A successful partnership with IBM, CMS Law, and Airbus Defense & Space the VIDT token has gained significant popularity in the market thanks to customers such as Airbus Defense & Space, AmSpec, and JWC Superyachts. As a result of the audience’s interest in the token, it recently reached its prior all-time high.

Ensuring privacy and Preventing fraud:

NFT is combined with hybrid anchoring for VIDT. Long before NFTs became a thing in 2021, VIDT was working with NFT (Non-Fungible Token) technology.

ViDT’s data integrity platform can be used by any business or DApp (publisher) to secure its assets. All major programming languages can be used with their API, making it flexible and accessible. Blockchain data can be anchored through the API, which makes it accessible and flexible. To achieve widespread adoption, VIDT realized that their technology needed to be accessible to as many people as possible. The user experience with cryptos is not always good, as we have all experienced. So, they:

• Removed the complexity of crypto wallets, changing TX rates, gas prices, etc.
• Integrate easily without disrupting existing workflows
• Versatile API
• An easy-to-use interface

The VIDT blockchain anchored data is summarized as follows:

1. VIDT’s publishers are the companies and organizations that create data. The data can take many forms. There could be components in a manufacturing chain that are connected to industrial Ethernet, a sensor measuring air pollution through the Internet of Things, or applications in business management.
2. The VIDT private cloud can be accessed by any cloud provider (AWS, Google Cloud, Microsoft Azure, etc.).
3. Moreover, VIDT APIs can also be integrated directly into these publishers (since it is compatible with all major programming languages, this makes it easy to integrate with any business software).
4. Anchoring a file requires the publisher to perform several tasks. The publisher identifies the file, stores the encrypted hash in the smart contract and, if necessary, sends it to the recipient via NFT, wallet, or DApp.
5. In addition to the above, anchoring is also possible on $BSC, $FTM, $DGB, $BETC, $BTC, $LTO and $DGB. Blockchains are used in an array of different ways depending on the data anchored, the security requirements, the costs, and the speed.

VIDT API:

Businesses and organizations using VIDT API should use the platform for data integrity. Connecting to the VIDT private cloud is less efficient, more cost-effective, and more straightforward. ViDT’s private cloud still offers all resources necessary for businesses to integrate with its ecosystem.

VIDT are integrated to ( Not only this but a lot more):

IBM

By integrating IoE sensors with IBM Watson, IBM and its partners are developing the Internet of Environments project. Data from sensors connected to the Internet of Things can be exchanged and the origin and creation time of the data can be verified. The blockchain database is also used to create certified reports that transform data into authentic and understandable information.”

LTO Network

Business-critical information can be secured, verified, and exchanged by the LTO Network. LTO strives to build and maintain a decentralized and highly innovative blockchain infrastructure that can be directly applied to businesses and create value. VIDT Datalink offers a single-point-of-contact verification solution and a powerful frontend for LTO.

Navarik

Our global enterprise-grade SaaS (Software as a Service) platform is trusted by some of the world’s largest companies. Building cloud-based applications to serve energy companies.

Krohne

A world leader in the manufacture and supply of process instrumentation for oil & gas, water & wastewater, chemicals & petrochemicals, food & beverage, power & energy, minerals & mining, and marine applications.

Space and Airbus Defence

As a leader in the commercial aircraft, helicopter, military transport, satellite, and launch vehicle markets, Airbus also provides data services, navigation, secure communications, urban mobility, and other solutions.

V-ID

V-ID is one of the largest VIDT Datalink integrators and was the first to offer it. Their clients include Amsterdam Vintage Watches, Nyenrode, Factorylab, Airbus, and Douwes Fine Art. They contribute significantly to VIDT Datalink’s ecosystem by providing a verification terminal.

Procentec

Procentec faces digital fraud head-on, using innovative technology to combat it. For this year, Procentec will roll out Lockbox; a platform for the factory floor to ensure the security of any system. Data integrity will be achieved to 100% using Lockbox.

$VIDT Tokenomics

VIDT has great tokenomics. It prides itself on having the best tokenomics in crypto. This tends to make sense.

Businesses and organizations rely on $VIDT for validation:

1. Business and organization validation services require $VIDT.
2. In each validation transaction, there is a payment made with $VIDT (tokens are transferred to a wallet for validations).
3. During the validation process, 80% of tokens are returned to the main wallet from the validation wallet.
4. Tokens are burned in the process to the tune of 20%.

A monthly burn method is used to burn the 20%. Volumes are burned at 20% for the entire month. Accordingly, deflationary burn depends on VIDT platform usage. Effectively, maximum supply will continue to decline. 

VIDT’s use generates scarcity, raising its price. Therefore, even without a market-driven price raise for $VIDT, the value of the coin will likely increase as it is an integral part of the coin’s utility.