VID

VID

Yuni comel

Video Jurnal

PRESENTATION

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust-based model. Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes.

The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for nonreversible services. With the possibility of reversal, the need for trust spreads. Merchants must be wary of their customers, hassling them for more information than they would otherwise need. A certain percentage of fraud is accepted as unavoidable.

These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party. Contracts, transactions, and the records of them are among the defining structures in our economic, legal, and political systems. They protect assets and set organizational boundaries.

They establish and verify identities and chronicle events. They govern interactions among nations, organizations, communities, and individuals. They guide managerial and social action. And yet these critical tools and the bureaucracies formed to manage them have not kept up with the economy’s digital transformation.

They’re like a rush-hour gridlock trapping a Formula 1 race car. In a digital world, the way we regulate and maintain administrative control has to change. Blockchain promises to solve this problem.

The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically.

Prologue to VID

Vid is a memory media stage; a cloud-based, timetable driven centrecentre for every one of your recollections. Vid clients will almost certainly recollect about each significant snapshot Of each and every day. Clients will most likely hunt their memory as effectively as we look through the web utilizing Google.

The procedure is obscure and generally not trusted Vid has tackled this issue by compensating influencers and substance makers utilizing blockchain innovation in an unmistakable and straightforward way, free of human impedance. Each confirmed client that makes and offers an open Vid on the stage will be qualified to gain tokens. Tokens are appropriated decently among makers: Based on the numbernumber of perspectives on their Vids Weighted token circulation dependent on what number of clients joined the stage through a client's D welcome connection. Further weighted towards clients that welcomed different clients to join the stage early The calculation that computes what number of tokens are disseminated to every maker utilizes the accompanying rationale: Total day by day sees AVG (Total Number of clients * Overall Temporal Index Invited User)

Obviously, they ought to adapt, however, no one thinks about making the learning procedure simple and natural, yet new individuals are being defrauded considerably more frequently. Be that as it may, some of them don't have sufficient opportunity to see how the whole market functions. What's more, unmistakably the effortlessness of interests in the cryptographic money showcase is a standout amongst the most significant methods for managing the emergency, which is expanding consistently.

Whenever clients can take auto-produced cuts from their private diary and use them in an open shareable Vid should they pick. The auto-created memory cut when included between a few physically recorded clasps can add setting and quality to an open Vid that will be shared freely on different stages or on Vid.

This is a free promoting open door for brands that have permitted API to get to and empowered their clients to make recollections from their utilization information. At the point when a client makes an open Vid containing a memory of their utilization of an administration or item and offers it with their adherents. They are publicizing to their adherents that they utilize this item and by implication underwriting it through their utilization.

This sort Of natural client produced promoting and client underwriting is invaluable for any brand, numerous brands right now pay influencers a huge number of dollars to make and post such substance.

This natural and free client produced publicizing opportunity, combined with the reality Vid can't see the information structure an exceedingly convincing contention for permitting API access for clients who just wish to make recollections. Vid's plan group will work with the most well-known buyer brands when API get to is allowed to guarantee the auto-created recollections for their administration to meet their structure and brand prerequisites. For little and medium ventures Vid is making a fitting and play API and configuration instrument. With the goal that organizations of all sizes can enable clients to make recollections each time they utilize their

Transferring an official photograph distinguishing proof report. This will be confirmed by utilizing a computerized framework. Clients will probably utilize the greater part of the Vid stages highlights without check, anyway so as to post open substance the client will initially need to confirm their record. This will limit the dangers of the stage being vulnerable to issues at present tormenting most online life stages.

The income that Vid acquires will be part similarly among Vid and substance makers. This offers clients an extra chance to acquire on the Vid stage and sponsor their entrance to the paid level. Clients can pay the paid level membership charge either with accumulated tokens or in fiat money. The strategies have somewhat extraordinary instruments to guarantee income is part 50/50 among Vid and makers.

VID Token Usecases

VID Using Blockchain for Transfer Value and Launched his VID ERC-20 Token but in future, this will 1:1 swap to EOSIO issue when the platform public launch Read More on 5.3 WhitePaper.

VID Token will be used in earning Income and Purchasing paid tier in App For Unlimited App Features Access. Advertiser will Use VID Tokens for Placing ads in Creators Monetized Public Stories.

Read More About VID Token Allocation and Release Schedule on 5.2 WhitePaper

In General Opinion the Overview of VID App and overall Platform Study shows that Platform has Unique, Decentertizled independent and Fair environment concept and token use cases. The Two Major and Prominent Qualities of VID in Video Sharing Market and Whole Streaming and Cloud-Based Encrypted Unlimited Storage and Independent Creator, Advertiser Requirement full filled Platform with peace of mind privacy protection

Author: Yuni comel

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1350925

Report content on this page

Report Page

Please submit your DMCA takedown request to dmca@telegram.org