What is Vidt Datalink? Vidt Datalink is a project that certifies users’ data using blockchain technology. In this article, you can find answers to frequently asked questions such as what is Vidt Datalink, what it offers, what is VIDT coin, what is it used for, how to get it. As Kriptokoin.com, we have compiled it for you.
What is Vidt Datalink?
Vidt Datalink is a blockchain project that aims to attract institutional investors and companies. The project has a native cryptocurrency called VIDT coin. Vidt offers certificate service to users who want to secure their data.
Investors can identify their fingerprints to the system through blockchain technology. In this way, transactions, data and NFTs in the network are protected. When a person whose fingerprint does not match attempts to take action, the system detects this and notifies the account owner. Offering a high level of security service, the platform performs very fast transactions. However, transaction costs are quite low. Users have the advantage of performing transactions quickly and inexpensively.
What is a VIDT coin? What is it used for?
VIDT coin is a token that works as the native cryptocurrency of the Vidt Datalink platform. The token is used as a payment method in the certification processes offered by the platform. In short, it allows you to verify that the data and transactions belong to you and secure the said items. In addition, the token is also used for NFT generation and verification.
VIDT token appeals mostly to institutional investors. The protocol token was created with the BEP-20 smart contract. The maximum supply of the token is set at 58.5 million units. At the time of writing, 49.4 million VIDTs were in circulation, or 84% of the maximum supply. Also, the coin had a market cap of $24.6 million.
What are the advantages?
- Users secure their transactions with fingerprint and blockchain technology. It proves the ownership of NFTs and with this technology. Being a security priority platform, it attracts institutional and large investors.
- Vidt Datalink issues certificates to users for products such as NFT. Investors who want to get certified pay with VIDT coin.
- The platform works at high speed. However, it charges very low transaction fees. Users have the advantage of performing fast transactions in a cheap way.
- Real-world products can be converted to NFT and proven ownership via the platform.
What are the disadvantages?
- Provides services that attract more institutional investors. The project provides few opportunities for individual investors who want to make a profit.
- Vidt is a platform that focuses heavily on security. It does not include elements of the decentralized finance (DeFi) ecosystem. VIDT coin is not used for staking and liquidity.
How to get VIDT coin?
Investors interested in Vidt Datalink are searching for exchanges where VIDT coin is listed. Currently VIDT, Binance, KuCoin, Uniswap, JulSwap etc. listed by crypto exchanges. Interested investors can become a member of one of these exchanges and deposit VIDT tokens.
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