/biz/ - Business & Finance

>>23472974
Because their operational costs is $0 and V-ID team constantly dumps on bagholders and creates artificial pumps. They also lost millions of VIDT in an exchange hack. You know your data is safe with them!

>>23472950
>If you can read then you can compare and verify authenticity of a file yourself without paying lmao.
No joke. Pic related.

>>23174915
HAHAHAHAHAAH

verify with eyes

>>19828363
>and vidt is in the process to be integrated in those processes
They are only providing API access and integration. Same level as the "SAP" "Partnership". Companies still have to pay for expensive overpriced validations, which they will not do when it's not essential and the economy is fucked for years. Cheers Raaj!

>>19700527
>>19700888
>>19701005
V-ID did a presentation recently where they admitted the "Internet of Things" project will have Z E R O affect on the price of VIDT. Because you can use the V-ID API to connect to IBM's Hyperledger and skip the V-ID's smart contract altogether, therefore not having to pay a cent to V-ID: https://www.youtube.com/watch?v=_6YNs2Zc1oM

Make a clone of V-ID and own 100% of the token supply: https://www.udacity.com/course/blockchain-developer-nanodegree--nd1309

So why would you pay?

>>19099212
He tried to make a toilet analogy, but he hasn't seen one before, so.

>>19046628
Acronis owns the patent for blockchain validation technology in the United States (and it is enforceable if V-ID does any business in the United States, regardless of bagholder claims): https://patents.google.com/patent/US10114980B2/

V-ID has partnered with HOWDOO UDOO, FTM, and LTO. All pump and dump scams. The reseller partners are either shell companies or outright scams.

Validating 50,000 documents a month, like AmSpec is doing, means it costs nearly one million dollars a year with V-ID to validate hashes on the blockchain versus $99 a year with Acronis (or less than $1000 if you use a server). And you only need one copy of Acronis per office: https://notary.acronis.com/

Make a clone of V-ID and own 100% of the token supply: https://www.udacity.com/course/blockchain-developer-nanodegree--nd1309
>Learn to identify fundamental transaction types, build a web service and API, and secure digital assets with your blockchain identity. Create a private blockchain, and a notarization web service. Use your blockchain identity to secure digital assets on the Ethereum platform with a smart contract.

>>18848113

You cannot validate real-world items on the blockchain. No artworks, no photographs, and no photographs of real world items. You can only validate binary and lossless documents, such as PDFs, Powerpoint projects, executables, and audio files. The Rembrandt etching on the blockchain was a marketing ploy to boost the credibility of the project. Good one at that. Fooled me as well. In the end you would still need a third-party examiner painstakingly verifying every single inch of the artwork and play "spot the difference" between a real Rembrandt and a fraudulent one to see whether you have pulled a switcheroo, rendering V-ID's validation process pointless. The artwork is going to be validated by an art examiner, not a blockchain solution. V-ID is as useful as a certificate of authenticity. Both can be forged enough to fool a notary.

You can validate a scanned document and save it as a PDF and then validate against that same exact scanned PDF, but you could not validate against the original document. Medical and government documents are often printed out, scribbled on, then scanned back in. But even if nothing was scribbled on, a duplicate scan would not match. You would need to verify with eyes.

>>18695794
Procentec Revenue: Between 1M and 10M.
Proof: https://www.hannovermesse.de/exhibitor/procentec/A804830

What is V-ID's estimated annual revenue?

I've engaged my brain and it tells me that I'd need to do more research and know more about the extent of this PROCENTEC/V-ID partnership. Some clients using the """"tech""""" (pic related) AKA they did a demo and then out of courtesy gave a three sentence feedback is not going to make me go all in.

>>18489445
They're not paying for this.

>>18397472
>If you plebs fall for the fud you deserve to be poor

Nice hardware announcement guys. You really did it.

>Not believing the fudder that V-ID is having legal troubles
Nice hardware announcement you got there. Sure taking a long time making a 15 second announcement video in Windows Movie Maker.

>>17749454
I already doubled my money by buying SQQQ.

>>17513031
Checks out. Verified scam.

Daily reminder V-ID's service is not needed. They also host sensitive documents on their servers from an office next to Subway sandwiches.

>major hardware player
where the fuck is the announcement? did these VIDT dogs lie again?

Verified scam.

Even the V-ID team knows this. Hope none of you still hold this coin after this recent development.

>scam verified by eyes in 5 seconds