/biz/ - Business & Finance

>>23471564
>>23472622
>>23472534
>>23472566
>>23472614

>>21680342
I chatted with Serguei Beloussov earlier this week and he told me V-ID's numbers are limited. Acronis is taking over and will be filing a lawsuit. Sorry VIDTards, it's over.

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.

>>17422470
>it's already been refuted a million times.
With real facts instead of opinions? No, it hasn't. Not even the devs have refuted it. They have? Then prove it.

>>16971600
>They focus on BACKUP software, you absolute mong. V-ID focuses on document validation and prevention of fraud.
Why lie when I can debunk it so easily? The home page of Acronis has their document validation service displayed on the front page: https://www.acronis.com/

Acronis Notary Announcement (showcasing some of the usecases with fraud prevention being the very first one): https://www.youtube.com/watch?v=ajcPrHFkMQU
Upload Date: 2016.

Reminder.

>>16832168
>Ignoring the fact that that 99% of cryptos have been bleeding
There are other cryptocurrencies available other than the ones in your own wallet.

>>16813063
Funny thing is, V-ID is a decent project. They are greedy, overpriced, and an illegal security because of the burns, but it could all be solved in a day: Lower price, stop the burns. But when bagholders/Satsgang make up lies like Binance listing, first mover advantage, Acronis is worse, 1.5 million dollar revenue, and it turns out to be false, it looks like V-ID lied and VIDT is a shitcoin (which it is). Makes you think.

>>16809707
Acronis also invented the idea shortly after ETH was released. I'm guessing a few developers toyed with how they could use blockchain for data security and came up with Notary. Sort of like how Gmail came about initially. Why do they offer 5GB for every user? Notary turned out to be successful, they patented it, and included it as a freebie.

>>16775799
FOR THE FIRST YEARS IS MAINLY AIMED AT INCREASING BRAND AWARENESS AND ESTABLISHING THE V-ID BRAND.
IN THE FIRST YEARS, REVENUE RATIOS WILL SHIFT FROM "LICENSES AND IMPLEMENTATIONS" TO "PER DOCUMENT".
CURRENTLY, V-ID IS NOT CHARGING CLIENTS "PER DOCUMENT".

CLIENTS ARE NOT PAYING FULL PRICE FOR THE SERVICE, V-ID IS SERVICING THEM AT COST.
V-ID IS RUNNING AND OPERATING OUT OF THE ONE MILLION+ ICO FUNDS THEY RECEIVED.

ONCE THE CONSUMER APP IS OUT, "MARKETING AND DEVELOPMENT" WILL SHIFT TO "SALES AND SUPPORT". DEVELOPMENT WILL CEASE.
CLIENTS ARE NOT PAYING FULL-PRICE FOR VALIDATIONS.
V-ID IS NOT GENERATING PROFIT.

Here's one of the Acronis wallets: https://etherscan.io/address/0x00472c1e4275230354dbe5007a5976053f12610a

Refresh that page and you will see a different client notarizing at least once every minute. It costs less than 2 pennies for Acronis to validate a hard drive. You can validate 20 times a day or 600 times a month. Costs less than $12 a month for Acronis if you do nothing but validate 24/7. V-ID charges a minimum of $54 for a subscription alone, not counting a $2.22 charge per file.

Where's the $1 by EOY bullshit that you all repeated since June?

>>16682769
>We accept competiton as every other field
You have no option but to accept it.

>YES I agree Acronis will be a hard competitor
V-ID is not competition to Acronis at all. They are not even in the same league. Acronis is Microsoft, V-ID is Durga Software Solutions.

>but we have the first move advantage
No, you don't. Pic related.

Not bothering responding to the rest of the delusions, Dj aka namefag. I hope you're also fudding the coin by intentionally being retarded.

>>16650859
MLM pyramid scheme scam.

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.
>notarization web service
The course uses CryptoJS, which is also being used by V-ID. You could literally create a V-ID ripoff in one month without ANY blockchain developer knowledge.

Bagholders are so buttblasted learning about Acronis and their inexpensive pricing structure that they don't even bother addressing it any way and will abandon threads. They have no arguments, no counters. They fucked up. But post the patent FUD and they all chomp on it how it doesn't apply outside of the US.

Game over, man. Game over.

>>16286965
Because I don't care if you call me a schizo. My emotional state has zero correlation with V-ID or any of the arguments I have presented. It's an obvious logical fallacy.

It's funny that the only way bagholders can promote their project now is by discrediting the personality of fudder. Evidently, there is nothing else going for it, other than ponzi buyback burns, at which point you might as well buy NUKE or any of the hundreds of deflationary cryptocurrencies that are out there.

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

Acronis also 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/

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

Acronis also has patented their 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/

This VIDT train is getting hijacked and we're going off-rails. I'm the captain now.

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

>>16253384
How does it feel investing into a coin and thinking "Airbus Defence and Space Netherlands B.V." was a major client when the competition turns out it serves the parent company? I had all the Acronis client info since pic related, as it's from the same PDF.