V-ID has a joint project with FTM securing documents, such as certificates and medical records, for governments in the Middle East, including in Afghanistan. In our opinion, this is a true example of adoption of the services V-ID offers. The project will begin in full once the lockdown is complete. We have been told that it has potential to scale up to other countries. We expect more news and announcements on this soon.
Earlier this year, V-ID unveiled a platform called VIDT Datalink. In that platform, data from any publishing platform and cloud service can be seamlessly anchored to multiple blockchains. We are currently waiting for a full white paper with all the details regarding this platform. IBM Cloud is integrated into VIDT Datalink but providers such as AWS and Azure can also connect to the network.
Recently the team announced a new use case: namely NFTs (with a new token, VIDTC). As mentioned in other (recent) articles, NFTs are a great development within blockchain technology. VIDT has the connections and technology to become a major player within this industry. The focus here is currently on 3 things: luxury goods, company shares and social privileges. The first NFT was issued for a 1956 Rolex Milgauss in partnership with Amsterdam Vintage Watches. It also looks like V-ID will become the first company to get legal permission to issue NFTs for company shares. The team is working with Firm24, a company that has founded 30,000 Dutch companies using their online platform.
A number of case studies of V-ID can be found at: https://about.v-id.org/casestudies/.
Recently, VIDT was listed on Binance. This was a huge achievement by the team and further contributes to the adoption and growth of V-ID. VIDT is additionally available for sale on Kucoin, Idex and Uniswap. V-ID is gaining momentum and the number of customers is increasing rapidly. The team is already a year ahead of their original schedule.