/biz/ - Business & Finance

>imagine thinking Acronis is a nothingburger when even back in 2018 they worked with 70% of the Fortune Top 10 companies
Like V-ID and their clients, I'm slowly rolling out the FUD as to not overwhelm poor bagholders. Pic is from same presentation as pic related.

>>16245222
You can patent an idea if you are the first one in the world to come up with it. Then it becomes an invention. Try again.

>The initiative launched by Acronis has already been duly appreciated by bitcoin and blockchain companies. Vitalik Buterin commented: "The potential for Blockchain reaches far beyond Bitcoin transactions with its built-in ability to deliver data protection and authenticity at costs that are dramatically lower than traditional systems. By applying Blockchain technology to its solutions, Acronis is the first data protection vendor that we've seen embrace this innovative technology to bring new levels of data protection to digital records and transactions."
https://www.coinspeaker.com/acronis-launches-blockchain-initiative/

>The only reason bagholders are holding onto their tokens is because they're unable to sell it. They accumulated too much up to this point without doing their research and there aren't enough buyers. They were hoping the five days of announcements will have them double or triple their money. Now they're balls deep with no way out. Sad tale when someone cannot admit to being wrong and instead double-down by buying more and more.

V-ID competition includes:
https://www.factom.com/solutions/connect/
https://www.ibm.com/blockchain/solutions/identity/networks
https://deepvaultonline.com/
https://notary.bitcoin.com/
https://notary.acronis.com/
https://stampery.com/
https://stampd.io/

Johnson Electric uses Acronis Notary: https://dl.acronis.com/u/rc/CS_Acronis_Backup_Johnson_Electric_EN-US_171107.pdf
And so do hundreds of other companies.

V-ID is a tech company with no unique tech or first mover advantage. Supposedly uses algorithms that cannot be patented, according to bagholders. Multiple competition exists, including Acronis Notary, IBM Blockchain Trusted Identity, and Bitcoin.com Notary to name a few. V-ID's potential advantage is a user-friendly design, which can be had for $10,000. V-ID is in the software industry, so let's value the business at an incredibly generous and delusionally optimistic 3X revenue. In which case the company can be estimated to be worth $1,800,000 as of today. If VIDT will convert to VIDS, which represent shares in the company and the total supply is 62,391,039 VIDT, then one VIDT is realistically worth 2 cents today. 5 cents if we only use the circulating supply (30,800,318). Of course that's with the 3X multiple. At 2X annual revenue (and only looking at circulating supply), one VIDT is worth one penny. And currently, it's even worth less.

>>16163595

Johnson Electric uses Acronis Notary: https://dl.acronis.com/u/rc/CS_Acronis_Backup_Johnson_Electric_EN-US_171107.pdf
And so do hundreds of other companies. Whoops!

https://www.acronis.com/en-us/cloud/service-provider/notary/
>Allows customers to notarize files of any type via a web console or API, generating a certificate that provides publicly verifiable proof of its timestamp, integrity, and authenticity.
>Easy to sell, upsell or bundle: Universal service that fits business of any size and industry
>Key improvements in the Acronis Notary Cloud service will allow service providers to easily enable data verification via a new public webpage – eliminating the need to use the Acronis Notary Cloud user-interface to verify files.

>>15893595
>>15893659
>What are their clients and how much money are they pulling?
Acronis is a billion dollar company and the validation service is one of the dozens of file services they offer. See pic related.

>>15893658
>Burden of proof is on you pajeet.
If you make a claim "VIDT is doing it better. That's why it has the market share" then the burden of proof is on you, not on me. Otherwise you're lying.

>>15691173
V-ID has no first mover advantage.
V-ID has no unique tech.
V-ID has 32 clients, some only paying $500 a year at the most.
V-ID is illegal security token in the US, so won’t get on Coinbase or Binance US.
V-ID’s appeal is in the fact that it dumped 80% since July 1st and hoping it will pump again for no reason what so ever.

Do not fall for their lies. Everyone read this thread: >>15688946

>>15689044
Acronis has patented their blockchain validation technology and V-ID are infringing on it: https://patents.google.com/patent/US20180101701A1/
>A method for authenticating a chain of custody utilizing blockchain technology, whereby digital evidence or other digital content is acquired and then hashed to produce a hash fingerprint/signature and then immediately or instantly submitting said hash fingerprint/signature to the blockchain using the blockchain network protocol, forming an immediate verifiable chain of custody without human interaction or requiring a trusted third party.
Their service is called Acronis Notary and they have around 10 other patents to protect their invention: https://www.acronis.com/en-us/business/blockchain-notary/

>Acronis Notary computes a cryptographic hash, or “fingerprint”, that is unique for each file. Data records can be verified without reliance on chain of custody, security of keys or any trusted human or organization.
>V-ID extracts the unique fingerprint of the authentic file and stores it in the blockchain. An unlawfully modified file will always have a different digital fingerprint, which will reveal it as un-authentic upon verification. Whether it is validating files automatically with APIs, or using our simple drag and drop terminal.
Sound familiar? Acronis Notary also has plug-ins for Dropbox, Google Docs, and can be used with their software suite as well, rendering V-ID's future consumer app inherently worthless. Note how tokens are not needed for validating files on the blockchain. All bullshit. Don't be fooled by bagholders' claims that V-ID is revolutionary.

VIDT is also a security token and the dev team knows this, but they cannot comment on it for legal and self-preservation reasons. VIDT and V-ID will never be legally available in the United States.

I don't know, but Acronis has patented their blockchain validation technology and V-ID are infringing on it: https://patents.google.com/patent/US20180101701A1/
>A method for authenticating a chain of custody utilizing blockchain technology, whereby digital evidence or other digital content is acquired and then hashed to produce a hash fingerprint/signature and then immediately or instantly submitting said hash fingerprint/signature to the blockchain using the blockchain network protocol, forming an immediate verifiable chain of custody without human interaction or requiring a trusted third party.
Their service is called Acronis Notary and they have around 10 other patents to protect their invention: https://www.acronis.com/en-us/business/blockchain-notary/

>Acronis Notary computes a cryptographic hash, or “fingerprint”, that is unique for each file. Data records can be verified without reliance on chain of custody, security of keys or any trusted human or organization.
>V-ID extracts the unique fingerprint of the authentic file and stores it in the blockchain. An unlawfully modified file will always have a different digital fingerprint, which will reveal it as un-authentic upon verification. Whether it is validating files automatically with APIs, or using our simple drag and drop terminal.
Sound familiar? Acronis Notary also has plug-ins for Dropbox, Google Docs, and can be used with their software suite as well, rendering V-ID's future consumer app inherently worthless. Note how tokens are not needed for validating files on the blockchain. All bullshit. Note how Acronis has had major clients using Notary since 2017 and regular customers since 2016. You never heard of it because the general population doesn't care about the technology. Don't be fooled by bagholders' claims that V-ID is revolutionary.

VIDT is also a security token and the dev team knows this, but they cannot comment on it for legal and self-preservation reasons.

>>15682917
I trust you anon, but Acronis has patented their blockchain validation technology and V-ID are infringing on it: https://patents.google.com/patent/US20180101701A1/
>A method for authenticating a chain of custody utilizing blockchain technology, whereby digital evidence or other digital content is acquired and then hashed to produce a hash fingerprint/signature and then immediately or instantly submitting said hash fingerprint/signature to the blockchain using the blockchain network protocol, forming an immediate verifiable chain of custody without human interaction or requiring a trusted third party.
Their service is called Acronis Notary and they have around 10 other patents to protect their invention: https://www.acronis.com/en-us/business/blockchain-notary/

>Acronis Notary computes a cryptographic hash, or “fingerprint”, that is unique for each file. Data records can be verified without reliance on chain of custody, security of keys or any trusted human or organization.
>V-ID extracts the unique fingerprint of the authentic file and stores it in the blockchain. An unlawfully modified file will always have a different digital fingerprint, which will reveal it as un-authentic upon verification. Whether it is validating files automatically with APIs, or using our simple drag and drop terminal.
Sound familiar? Acronis Notary also has plug-ins for Dropbox, Google Docs, and can be used with their software suite as well, rendering V-ID's future consumer app inherently worthless. Note how tokens are not needed for validating files on the blockchain. All bullshit. Note how Acronis has had major clients using Notary since 2017 and regular customers since 2016. You never heard of it because the general population doesn't care about the technology. Don't be fooled by bagholders' claims that V-ID is revolutionary.

VIDT is also a security token and the dev team knows this, but they cannot comment on it for legal and self-preservation reasons.

Acronis has patented their blockchain validation technology and V-ID are infringing on it: https://patents.google.com/patent/US20180101701A1/
>A method for authenticating a chain of custody utilizing blockchain technology, whereby digital evidence or other digital content is acquired and then hashed to produce a hash fingerprint/signature and then immediately or instantly submitting said hash fingerprint/signature to the blockchain using the blockchain network protocol, forming an immediate verifiable chain of custody without human interaction or requiring a trusted third party.
Their service is called Acronis Notary and they have around 10 other patents to protect their invention: https://www.acronis.com/en-us/business/blockchain-notary/

Their website states:
>Acronis Notary computes a cryptographic hash, or “fingerprint”, that is unique for each file. Data records can be verified without reliance on chain of custody, security of keys or any trusted human or organization.

V-ID states:
>V-ID extracts the unique fingerprint of the authentic file and stores it in the blockchain. An unlawfully modified file will always have a different digital fingerprint, which will reveal it as un-authentic upon verification. Whether it is validating files automatically with APIs, or using our simple drag and drop terminal.
Sound familiar? Acronis Notary also has plug-ins for Dropbox, Google Docs, and can be used with their software suite as well, rendering V-ID's future consumer app inherently worthless. Note how tokens are not needed for validating files on the blockchain. All bullshit. Note how Acronis has had major clients using Notary since 2017 and regular customers since 2016. You never heard of it because the general population doesn't care about the technology. Don't be fooled by bagholders' claims that V-ID is revolutionary.

VIDT is also a security token and the dev team knows this, but they cannot comment on it for legal and self-preservation reasons.

Acronis has patented their blockchain validation technology and V-ID are infringing on it: https://patents.google.com/patent/US20160283920
>A method for authenticating a chain of custody utilizing blockchain technology, whereby digital evidence or other digital content is acquired and then hashed to produce a hash fingerprint/signature and then immediately or instantly submitting said hash fingerprint/signature to the blockchain using the blockchain network protocol, forming an immediate verifiable chain of custody without human interaction or requiring a trusted third party.
They have 10 other patents for this one service, Acronis Notary:
https://www.acronis.com/en-us/business/blockchain-notary/

The patent is not pending, it already has been procured: https://www.arentfox.com/perspectives/alerts/arent-fox-obtains-patent-verifying-data-integrity-using-blockchain-network

V-ID is not partnered the global IBM. They've merely signed up to talk at IBM Netherlands's "Circular Economy Data Network" meetup group: https://www.eventbrite.com/e/circular-economy-data-network-session-3-tickets-63862673977
Acronis already has top businesses and clients using their service. See pic related.

https://www.coinspeaker.com/acronis-launches-blockchain-initiative/
>The initiative launched by Acronis has already been duly appreciated by bitcoin and blockchain companies. Vitalik Buterin commented: “The potential for Blockchain reaches far beyond Bitcoin transactions with its built-in ability to deliver data protection and authenticity at costs that are dramatically lower than traditional systems. By applying Blockchain technology to its solutions, Acronis is the first data protection vendor that we’ve seen embrace this innovative technology to bring new levels of data protection to digital records and transactions.”
After all this, you don't think Acronis will sue V-ID the minute they start cutting into their profits?

Acronis has patented their blockchain validation technology and V-ID are infringing on it: https://patents.google.com/patent/US20160283920
>A method for authenticating a chain of custody utilizing blockchain technology, whereby digital evidence or other digital content is acquired and then hashed to produce a hash fingerprint/signature and then immediately or instantly submitting said hash fingerprint/signature to the blockchain using the blockchain network protocol, forming an immediate verifiable chain of custody without human interaction or requiring a trusted third party.
They have other patents for this one service, all enforceable in the United States, Europe, Asia, and more. V-ID has zero patents. The minute Acronis finds out about V-ID, the price of VIDT will tank like Bitconnect.

Acronis has patented their blockchain validation technology and V-ID are infringing on it: https://patents.google.com/patent/US20160283920
>A method for authenticating a chain of custody utilizing blockchain technology, whereby digital evidence or other digital content is acquired and then hashed to produce a hash fingerprint/signature and then immediately or instantly submitting said hash fingerprint/signature to the blockchain using the blockchain network protocol, forming an immediate verifiable chain of custody without human interaction or requiring a trusted third party.
They have other patents for this one service, all enforceable in the United States, Europe, Asia, and more. V-ID has zero patents. The minute Acronis finds out about V-ID, the price of VIDT will tank like Bitconnect.

V-ID is not partnered the global IBM. They've merely signed up to talk at IBM Netherlands's "Circular Economy Data Network" meetup group: https://www.eventbrite.com/e/circular-economy-data-network-session-3-tickets-63862673977
IBM has their own IBM Blockchain Trusted Identity service, so they do not need V-ID: https://www.ibm.com/blockchain/solutions/identity/networks

See pic related. Acronis already has top businesses and clients using their service.

>>15657121
Acronis has already have BTFO V-ID. Acronis has 12 patents for the technology, V-ID holds NONE. All verifiable by searching for patents on Google or the US Patent Office Database.

>>15657219
>V-ID has a successful business model that is outperforming a billion dollar company.
They are not out performing Acronis in any way. Acronis already has partners and clients for their validation service. And they had them for years. See pic related for proof.

V-ID's days are numbered because of Acronis Notary: https://www.acronis.com/en-us/business/blockchain-notary/

Acronis is a billion dollar company.
V-ID generates less than one million a year in revenue.
Acronis has 18 offices worldwide.
V-ID is ran out of a small office next to Subway sandwiches.
Acronis has over five million customers.
V-ID has 32 customers.
Acronis has a Wikipedia page: https://en.wikipedia.org/wiki/Acronis
V-ID doesn't even come up as a business on the sidebar of Google search.

>Acronis solutions using blockchain technology can protect any data in any industry. Common use cases include property and medical records, chain-of-evidence for court documents, police video or security camera footage, intellectual property bound documents, long-term archiving that could be subject to IT audits, and ‘consortium’ data storage, where multiple entities or individuals need to securely store and exchange massive amounts of data and information.

>Users can upload a file to the storage repository and record the fingerprint of the file in a form of the file’s hash in the Ethereum blockchain. Because the records in the blockchain cannot be manipulated, individuals or third parties can prove authenticity of the file. The completeness of all records and authenticity of each file can be checked automatically or manually.

Acronis Notary service has been around before the V-ID white paper. Acronis also patented their blockchain technology (over 10 patents!) and V-ID might be infringing on one of them: http://blogs.asucollegeoflaw.com/lsi/files/2018/12/Acronis-Blockchain-Meetup.pdf

>>15656761
Acronis Notary service has been around before the V-ID white paper. Acronis also patented their blockchain technology and V-ID might be infringing on it: http://blogs.asucollegeoflaw.com/lsi/files/2018/12/Acronis-Blockchain-Meetup.pdf