VIDT DAO VIDT DAO VIDT
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Price
0.02451489 USD
% Change
4.08%
Market Cap
20.7M USD
Volume
24M USD
Circulating Supply
842M
185% from all time low
197% to all time high
176% from all time low
170% to all time high
84% are in circulation
Circulating Supply
842,320,913
Max Supply
1,000,000,000

VIDT DAO (VIDT) Feed: Events, News & Roadmap

VIDT DAO Events on the Chart

What is VIDT DAO?

VIDT DAO is an open-source platform focused on infusing trust within the Web3 ecosystem. It achieves this by making data and documents verifiable using cutting-edge blockchain and timestamp technology. The platform’s core objective is to ensure that both data and assets, such as digital certificates and sensor readings, can be trusted and verified.

The fundamental function of VIDT DAO is to securely store digital data on blockchains, thereby recording its origins, tracking transfers of ownership, and thwarting potential fraud. All recorded chains of custody are publicly accessible and unalterable on the blockchain. Using VIDT DAO’s API, users can seamlessly write their encrypted files to the blockchain, providing an integration point for developers using mainstream programming languages like Python and JS. This makes it particularly attractive for developers seeking to protect intellectual property or facilitate the sale of digital assets. Moreover, when a file is linked, the associated VIDT DAO smart contract recognizes the issuer and preserves the encrypted hash of that file on the blockchain, ensuring both data privacy and compliance with regulations such as the GDPR.

The VIDT token functions as the utility medium for validation transactions within the VIDT DAO ecosystem. Every validation action is captured by noting the file hash, its timestamp, and the associated blockchain address. To ensure versatility, VIDT has been launched on two prominent blockchains: as a BEP-20 token on the BNB Smart Chain and as an ERC-20 token on Ethereum. This dual deployment ensures broad accessibility and integration options for users and developers alike.

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