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[HYBRID BLOCKCHAIN VALIDATION AND NFT CREATION]

What is VIDT Datalink (VIDT)?

V-ID is fast becoming the leader in digital file protection and validation. Through its online terminal or API it will verify the veracity of any file, against any changes in that file, down to the slightest pixel indifference.

V-ID is concentrating on certifying and securing documentation like certificates, invoices, and diplomas, as well as certifying any form of data. In addition, it has also proved its technology for validating material objects such as works of art and antique watches for example.

How it works is that V-ID technology takes the fingerprint of every file to be protected and places it on the blockchain. Each VIDT transaction records all necessary details (hash of the file, timestamp, publisher’s wallet address, etc.) every time an organization timestamps a file. As previously stated, any modification of a file would mean that it would be highlighted as un-authentic when putting through the V-ID verification process.

In addition and in order to protect files beyond any doubt the V-ID technology enables files to be anchored across a variety of major blockchains, including Bitcoin, IBM Hyperledger, Fantom, LTO Network, Digibyte, Binance Chain, and Waves. This choice of centralized, decentralized, and hybrid blockchains, or a combination thereof, provides a V-ID client with a precise fit for any particular type of business adoption.

Who are the Founders of VIDT Datalink (VIDT)?

V-ID is fairly unique in the crypto space being that it came from an already well-established software company based in the Netherlands and UK named Wididi. The V-ID core team came from this environment with around 15 years of working together in their field. They have a huge wealth of experience and many contacts within their industry.

_ Wico van Helden, Co-Founder & Chief Executive Officer

_ Pim Voets, Co-Founder & Lead Concept Design

_ Cecil van Helden, Co-Founder & Lead Programming

What Makes VIDT Datalink (VIDT) Unique?

According to the VIDT Datalink website, it is their mission to certify and secure digital assets. Privacy and fraud are increasingly growing issues when it comes to digital assets. These are issues that hold back society and legacy businesses from digital adoption and leveraging blockchain technology. VIDT has an ecosystem that is fully GDPR-compliant. It consists of an API, a Private Cloud, and Smart Contract — which allows publishers (businesses & organizations) to anchor data from any platform and cloud service to multiple blockchains.

It is essential to point out that digital assets in VIDT usage are not related to cryptocurrencies as digital assets. But rather, anything that exists in a digital format and comes with rights of use and ownership. Data that does not have the attributes of rights or ownership cannot be considered an asset. So, when talking about digital assets in the context of VIDT, I refer to any type of documentation, certificates, media, or data. As such, the TAM (Total Addressable Market) for VIDT Datalink is difficult to quantify.

Data is often touted as the “new oil”. The meaning behind “data is the new oil” is that similarly to oil, data in itself is not valuable in its raw form. The value of data is captured when the data is gathered, refined, and connected to other relevant data. In an increasingly connected society and digitization of business flows, VIDT can be leveraged to validate and secure data that is captured and need to be shared.

A difference between oil and data is that oil is not renewable; data is. A document, for example, can be saved, stored, and then shared or used an infinite number of times. This could be shared sensor data, which needs to be acknowledged by different manufacturing chain points or by algorithms and software running in a data program.

Here in this report, an estimate for TAM is not provided, but it is considerably high. Any time there is sensitive data shared between applications or different parties, where privacy is a concern and GDPR compliance is needed, VIDT can be used.

VIDT uses hybrid anchoring and NFT. VIDT has been working with NFT (Non-Fungible Token) tech long before NFTs became a thing in 2021.

Any business or DApp (publishers) can utilize the VIDT data integrity platform to secure their assets. Their API is compatible with all major programming languages, making it flexible and accessible. Through the API, publishers can anchor data on the blockchain. To get widespread adoption, VIDT realized that they needed to make their tech as accessible as possible. As most of us have experienced, cryptos are not always so user-friendly. To achieve this they:

_ Removed the complications of crypto wallets, changing TX rates, gas prices, and other technicalities

_ Easy integration with little to no impact on existing business workflows

_ Versatile API

_ Drag-and-Drop UI

A high-level overview of how VIDT anchors data to the blockchain:

_ Businesses and organizations are the creators of data, referred to as publishers in the VIDT flow. As we mentioned, there are many forms of data. It could be pieces of hardware in a manufacturing chain connected to industrial Ethernet, an IoE data sensor collecting dust particles to measure air pollution, or business software applications.

_ These publishers can be linked to any cloud service (AWS, Google Cloud, MSFT Azure, etc) which then connects to the VIDT private cloud.

_ These publishers can also be integrated directly into the VIDT API (since it is compatible with all major programming languages, it is easy to link to any business software platform).

_ When a publisher needs to anchor a file, multiple tasks are executed. The publisher is identified, stores the encrypted hash of the file in the transaction, the smart contract, and, when needed, with the recipient (e.g. through a wallet, DApp, or NFT).

_ Anchoring is also facilitated on different blockchains; $LTO, $BSC, $ETH, $BTC, $DGB, $FTM and the IBM Hyperledger. The use of blockchains depends on the specific use case of anchored data, security requirements, costs and speed.‍

The VIDT API is the recommended way for businesses and organizations to use the data integrity platform. It is a more efficient, cost-effective, and straightforward way compared to connecting to the VIDT private cloud. However, the private cloud still provides all resources for businesses to ingrate their system into VIDT’s ecosystem.

VIDT has an architecture that can handle massive volumes of data, with all secure blockchain anchoring levels done speedily. As with any software or product, to see adoption, ease of use and accessibility are needed. VIDT has a very low barrier for adoption due to its compatibility with programming languages, allowing for low friction integration with any other business software and the optionality of utilizing cloud storage in the private cloud.

One of the best things about VIDT is that it has real-world use cases, with traction and increasingly more adoptions. VIDT serves use cases that involve the protection of data or files like certificates, sensor data, invoices, university diplomas, or NFT from unwanted manipulation, protecting the integrity and value of the assets.

Beyond use cases of NFT, VIDT is integrated into (not all real-world use cases are listed, there are more!):

Airbus Defence and Space

Airbus design, manufacture and deliver industry-leading commercial aircraft, helicopters, military transports, satellites, and launch vehicles, as well as provide data services, navigation, secure communications, urban mobility, and other solutions.

IBM

IBM’s IoE (Internet of Environments) is used to sense and analyze environmental data like micro-dust, humidity, CO2 levels, and temperature.

Navarik

Trusted by some of the biggest companies in the world, Navarik designs, develops, and operates enterprise-grade SaaS (Software as a Service) software globally. Helping oil and energy companies build cloud-ready applications.

Krohne

Krohne is a world-leading manufacturer and supplier of solutions in industrial process instrumentation; oil & gas, water & wastewater, chemical & petrochemical, food & beverage, power & energy, minerals & mining, and marine.

LTO Network

$LTO Network and $VIDT Datalink are actually one and the same. At the end of 2020, these two, already intertwined Dutch blockchain companies merged into one but remain as separate entities, with separate roadmaps, different utilities, and different tokens. LTO Network leverages VIDT’s front-end, plug-and-play verification solution. LTO is also a hybrid blockchain. Its mission is to create and maintain a fully decentralized blockchain infrastructure to be used by businesses, helping them to create value.

CMS Law

CMS is among the top ten global law firms. They have 77 offices, in 70 cities, across 43 countries. CMS Law is made up of 4,800 lawyers that offer business-focused advice customized to customer and client needs, locally and in multiple jurisdictions.

AmSpec

AmSpec Services LLC independently measures and analyzes petroleum and petrochemical products through the US, Caribbean, Latin America, and around the world.

Dutch Blockchain Coalition

The Dutch Blockchain Coalition (DBC) is a joint venture between the Dutch government, knowledge institutions, and industry. DBC’s mission is to advance blockchain applications to leverage blockchain technology to enable trust, welfare, prosperity, and security for citizens, companies, institutions, and government bodies.

Nyenrode Business University

A Dutch business university. One of five prestigious private universities in Holland.

VIDT Use Case: Procentec

Procentec is an HMS group member (large global management group) that supplies innovative solutions, training, and consultancy to the industrial automation market. The industrial automation market is expected to be worth $326.14 billion by 2027. It is a market that’s poised for growth through Industry 4.0, 5G wireless technology, and a greater demand for automation in industrial processes. Procentec serves this market by developing and manufacturing automation products for ProfiBus, ProfiNet, and Industrial Ethernet. They have over 18 different products listed on their website. Including ProfiTrace, an engineering mobile troubleshooting, and maintenance tool. ProfiHub, is a solution for reliable network infrastructure. Profi-products are managed through Procentec’s ComBricks solutions, which has enabled Procentec to become a world-leading manufacturer of network components for remote monitoring and remote asset management.

Procentec is leveraging VIDT to protect production infrastructure. On their website, it is stated that they utilize state-of-the-art innovations (read VIDT Datalink) to allow for rapid digitization. VIDT is used to lay the foundation of their security infrastructure, to protect firmware integrity through blockchain-powered certification. The Procentec Verification Terminal can handle large volumes of files. Each file is verified in under five seconds by leveraging the VIDT API and the blockchain.

Procentec is also developing a “Lockbox” solution, further utilizing the technology of VIDT. Little is known of Lockbox. Going by the name, we would assume that it leverages the optional, private cloud storage that VIDT offers its customers.

VIDT NFT Use Case — Luxury Goods: 1956 Rolex Milgauss

Amsterdam Vintage Watches (AVW)utilizes VIDT to authenticate and secure data integrity of ownership of collectibles and luxury goods. Amsterdam Vintage Watches specialize in the trade of rare and fine watches. They trade with brands like Rolex, Patek Philippe, Audemars Piquet & Cartier. Situated in Amsterdam, Holland, they are a global go-to address for watch collectors from all over the world.

This is a real-world business use case of NFT where a super rare 1956 Rolex Milgauss (best-recorded condition) had its authenticity secured and ownership recorded on the blockchain for provenance purposes.

AVW issued and anchored the certificate of authenticity of the 1956 Rolex Milgauss, containing descriptions and high-res macro photos. The file is assigned a digital fingerprint (hash) and included in an exclusive, non-fungible token belonging to the watch. There is only one real-world copy of this super rare watch, and there is only one NFT, both belonging to the owner of the watch.

The idea is that this NFT, as part of any transfer of the watch from one owner to another (collectible watches are traded between collectors), Similarly to a receipt or invoice, the NFT together with the watch proves legitimate ownership. The NFT is not vulnerable to manipulation. As the NFT transfer from owner to owner in the future, this first NFT transfer and all future transfers will be recorded on the blockchain, building a tamper-proof trace of provenance.

Vintage watches are extremely valuable, the industry is riddled with forgeries, and fraud is common. A process involving expert evaluators, a certificate, NFT, and VIDT technology, can mitigate issues of forgery and fraud.

The luxury and collectible watch market is worth billions of dollars. The market for new luxury Swiss watches alone was worth over $20 billion alone in 2020. Other ‘Collectibles’-markets, like fine art, are worth €37.7 billion. The collectible wine market size is over $24 billion. In theory, the usage of VIDT tech in real-life rare collectibles is huge. Think antiques, jewelry, cars, coins, comics, coins, and stamps. Many blockchain projects will address this market. It is improbable that this is a one-takes-all blockchain area but rather an industry where several blockchains can be utilized. Maybe VIDT could capture the vintage watch market, for example.

It would be difficult to give an exact TAM for the collectibles market, but it is safe to say that it is in excess of $100 billion. One thing is sure, VIDT is already being adopted in NFT use cases, and there looks to be more demand for VIDT in the physical/NFT rares & collectibles space. VIDT has started to capture the market with its fully functional, available, and cost-effective technology.

VIDT Datalink (VIDT) Market Data

Market Cap: $16,700,594.74

Fully Diluted Market Cap: $19,766,079.72

Total Value Locked (TVL): $-

Trading Volume (last 24h): $2,122,645.91

Volume / Market Cap: 0.1271

Market Dominance: 0.00%

VIDT Datalink (VIDT) Supply Data

Circulating Supply: 49,428,303 VIDT

Total Supply: 57,386,799 VIDT

Max Supply: 58,501,137 VIDT

VIDT Datalink (VIDT) Trading Data

Title: VIDT Datalink

Ticker: VIDT

Trading Pair: VIDT_USDT

Exchange: BINANCE (technical analyses and pricing are based on)

Current Price: $0.3366

VIDT Datalink (VIDT) Trading Charts

VIDT Datalink (VIDT) Target Price/s & Strategy to Accumulate — Trade

Accumulate:

Immediate Accumulation_ Current Price

Grand Accumulation_ Current Price

Should the price prove strong & quick departures from technical dips/demand zones backed up by strong fundamentals; accumulation by DCA (Dollar Cost Averaging) is to be considered — ceteris paribus.

Trade:

No Favorable Trade Opportunity

The current price level is not a valid technical and/or fundamental dip and/or a demand zone.

VIDT Datalink (VIDT) Investors

Despite having carried out extensive research on accessing investors and backers to VIDT Datalink (VIDT), I have not been able to come up with solid information, thus, not providing a list here.

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“Generosity is giving more than you can, and pride is taking less than you need.”
Kahlil Gibran

VIDT Datalink (VIDT) [HYBRID BLOCKCHAIN VALIDATION AND NFT CREATION] <Ensure> Investment |