What is VIDT DAO (VIDT) and how to buy it? ✅ 2022

VIDT DAO is a blockchain data verification platform.. As explained in its whitepaper, it runs a daily process that certifies that data and documents are verifiable. thanks to innovative Blockchain technology.

The platform’s mission is precisely to enable a verifiable trustand for the entire Web 3.0 ecosystem.

VIDT recently announced its intention to. decentralize its structure and governancewhich led the original VIDT to convert through its rebranding and token rebranding to VIDT DAO.

The network enables Web3 developers and users. can use the technology open source VIDT DAO technology to create timestamps, non-fungible tokens (NFTs) and record digital assets such as certificates, sensor data and firmware.

Several companies have taken advantage of its VIDT validation technology. Some of these large companies are Procentec, Nyenrode, AmSpec, DeGO, Amsterdam Vintage Watches, and IBM.

The VIDT token is needed for the validation of the transaction. These are processed by recording the file hash, timestamp, and blockchain address.

The token is based on two standardsthe ERC-20 in Ethereum and the BEP-20 in BNB Smart Chain. È compatible with all major programming languagesenabling easy connection to any software platform. The network makes its documentation available on GitHub so that anyone can develop it.

VIDT Technology protects intellectual property through timestamping and facilitates the sale of digital assets through rapid and low-cost transactions.

When a user links a file to the smart contract by VIDT DAO, this identifies the sender and stores the encrypted hash.. Only the encrypted fingerprints of the files are stored on the blockchain. This ensures data confidentiality and complies with the GDPR (General Data Protection Regulation).