Menu Zamknij

Is VIDT Datalink a scam? Or is VIDT Datalink legit?’

what is vidt crypto

As V-ID is currently an ERC-20 token, so it can be stored on all ERC-20 compatible wallets, including hardware wallets. The token sale occurred between September – December 2018, with 50mn VIDT of a total 100mn VIDT available in the public sale, with all unsold tokens burned. VIDT is used to identify wallet addresses for validators and used as payment for validation. Lastly, though it isn’t directly referenced in the roadmap, V-ID are working with Digibyte on a joint SSI (self-sovereign identity) project, Soyyo, with V-ID assisting in the provision of validated digital entities. The idea is that once a profile has been validated on Soyyo, users will be able to determine the authenticity of the account or identify a fake account instantly. VIDT Datalink is already providing the tip of the spear technology to make O’Leary’s wish come true. Microscopic imaging of real world objects such as watches and diamonds, together with all their provenance and ownership data tied to unique and immutable NFTs anchored on the blockchain solves fraud and ownership issues once and for all.

Is VIDT crypto a good investment?

Vidt Datalink (VIDT) Cryptocurrency Market info

Our Ai cryptocurrency analyst implies that there will be a negative trend in the future and the VIDT are not a good investment for making money. Since this virtual currency has a negative outlook we recommend looking for other projects instead to build a portfolio.

This gives V-ID a NVT (7-day) of 67.9; for context,Bitcoin’s (albeit 14-day) NVT is around84. As such, V-ID is transacting more volume on-chain per $ ofNetwork Valuethan Bitcoin. V-ID has now been in existence for over a year and so there is a moderate amount of price-history available to us. buy vidt There has been one distinct market cycle that has played out, which I shall analyse in detail in the Technical Analysissection. For now, it will suffice to say that the all-time high formed at 4,955 satoshis in late June 2019, coinciding with its all-time high against the Dollar of $0.55.

Bitcoin Price Analysis: Bears Still Prevailing – 7 September 2022

The company has branches in both countries and WIDIDI own the full rights to the V-ID software. As a content writer I research and write about various projects in the cryptoverse. Is another essential partner, and has proved to be extremely important for validating online content, just as VIDT Datalink validates the physical. An example here is once again found in the vintage watch sector. Where VIDT validates and secures the actual physical watches, Wordproof technology timestamps and anchors the online content, such as product pages, legal documents, and orders.

what is vidt crypto

Given that V-ID already has a working product, a client base and transparent data on the growth of the business, I look forward to evaluating the progress made since its inception. V-ID was conceptualised in early 2017, as a subsidiary of WIDIDI; a software developer in the Netherlands and the U.K.

Inflation-proof stocks to watch as Truss wins PM race: Kalkine explores

Swyftx is a private company registered in Australia under the name SWYFTX Pty Ltd. This company is regulated by AUSTRAC and adheres to strict KYC/AML obligations that prevent money laundering and the financing of terrorism. This means you may have problems getting rid of crypto assets worth less than $1.

what is vidt crypto

ID Verification – Once you have opened an account, Swyftx will need to verify your identity. This is done more quickly than other exchanges as there is no need to upload documents or photos. To begin the verification process, click “Profile” on the sidebar and go to “Verification”, where you will need to confirm your email address, phone number and ID document number. Swyftx Promos – There is currently a promotion offering a $10 Bitcoin bonus upon registration. Ozbargain has previously offered a referral code which rewards users with $15 BTC upon registration. It is also possible to receive a 15% discount on any new tax reports with Koinly. 16 customers had the opportunity to win $50 of Bitcoin by finding eight Easter eggs on the website.


Because Changpeng “CZ” Zhao’s platform has the highest trade volume and the most significant number of trading pairs and listed assets. Moreover, Coinbase and Kraken have five times lower liquidity and available coins for trading. So, there is no surprise that Binance’s BNB token has a strong demand among the crypto community. However, the token has many other use cases that we explain below., buy stellar with other cryptocurrency ethereum. The SEC plans to regulate digital assets will considerably increase the cost to remain a U.S.-regulated firm operating under money transmitter entity licenses.

Leading organisations such as IBM, DeGO, AmSpec, etc., utilise the VIDT Datalink’s ecosystem to certify and secure digital documents. The user agrees to the terms of trade and fees provided by OTC before starting the trade.

Is Crypto a Ponzi Scheme?

Therefore, market participants must do their respective market research and make informed decisions instead of being greedy or in panic. Sectoral breakdown of the latest in business, stock markets and economy. Surprisingly, Swyftx does not support either of the enormously popular MetaTrader 4 and MetaTrader 5 platforms. Follow our Crypto Blog and there we publish news an interesting stuf about crypto industry, blockchain and Bitcoin. Countmycrypto disclaims all liabilities regarding the content of these pages and any use thereof that could be made by any person. Neither countmycryptonor the other providers of data on this website make any representations or warranties, express or implied, as to the accuracy, completeness, or fitness for any purpose or use of the content provided.

  • Bitcoin – BTC is the most popular blockchain, with hundreds of thousands of nodes, signifying high-level security.
  • That’s equivalent to ~$575k if we take the average price of VIDT during that period.
  • At Ecoin For Dummies, we pride ourselves on being the go-to resource for all things crypto.
  • The company has branches in both countries and WIDIDI own the full rights to the V-ID software.
  • The best place to buy Jigstack crypto is on the Jigstack website.

Another potential trap for investors is relying on the “trust scores” or “exchange scores” on popular price and data sites like CoinMarketCap and These websites are often compensated for the customers they generate via links to crypto exchanges, so these so-called rankings often involve minimal vetting from a quality and safety standpoint.

Here’s how First Class Metals is redefining mineral exploration?

Morpheus Network is a project that concentrates on strengthening the trustworthiness of supply chains, making them more transparent and secure, and guaranteeing their integrity. VIDT Datalink is working with Morpheus Network to this end, and is looking at exploring use cases with the goal of developing PoCs and MVPs. The Rolex King Midas was the heaviest gold watch that money could buy back in 1964. Of the most extravagant watches of its time, it was designed by Gérald Genta to be worn on the right wrist, as a tribute to the legend of King Midas, whose left hand had the golden touch. The digital fingerprint or hash of the certificate was then included in a newly minted NFT and stored in the digital wallet of the watch’s owner, providing immutable digital proof of ownership. First the authenticity of the watches was confirmed by experts, then detailed descriptions and macro photographs were added to a certificate of authentication which was anchored to the blockchain.

Is VIDT a Binance?

Fellow Binancians, Binance will list VIDT Datalink (VIDT) in the Innovation Zone and opening trading for VIDT/BTC and VIDT/BUSD trading pairs at 2020/10/09 2:00 PM (UTC). Users can now start depositing VIDT in preparation for trading.

Author: David Pan