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Veritise Bringing Back Trust

Veritise Bringing Back Trust

07 Jan 2023
1m
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About Veritise

Veritise brings trust back to individuals, businesses and institutions through identity verification on the blockchain.

From a real person or company to virtually any form of digital asset, all entities can be registered, verified, authorized, validated and tracked on their chain of blockchain.

Products, CV’s, objects, documents, news, opinions, reviews, information, IP, NFTs, artworks and much more: if it is veritised, you can trust it!

Extended Identification

Identification is the most fundamental component of a trusted personal or business relationship. Identity theft and poor identification and verification processes are the leading cause of billions of dollars in financial losses each year. Veritise extends the concept of human identity to any entity that needs to be identified and verified: companies, products, resumes, opinions, news, reviews and more. After all the enormous economic, political and social consequences associated with unverified information, it’s time to put an end to it.

Problems that Veritise solves

  • Verify Human Identities
    In this day and age fraud is more rampant than ever before. This threat continues to rise year over year causing businesses and individuals across the world over $5 trillion in damages yearly with identity theft being by far the greatest problem.  Veritise offers a digital trust solution that mitigates this threat securely . Let us give you peace of mind.
  • Protect Your Products
    Brands all over the world are under attack from fakes, forgeries and intellectual property thieves. Over time these counterfeiters have become more sophisticated and advanced. It’s time to stop them in their tracks and prevent damage to your brand’s reputation. Veritise has a trusted solution for you.

Veritise Blockchain Technology

Veritise Blockchain architecture is designed for fast, auditable payments and transaction processing. Future use-cases, like fully compliant tokenized securities and other financial instruments are made possible, improving speed, reducing potential fraud, and lowering costs. Moreover, Veritise transforms the public sector, rebuilding trust between citizens and governments through increased transparency and the verification of data. It protects sensitive personal identities and reduces the cost and complexity of government, resulting in more efficient use of budgets.

Benefits of Veritise

  • Focused on Enterprise and Governmental requirements
    Veritise provides the canvas for businesses to create, exchange, and protect value. Use Veritise native support for both public and private chains to make your business more competitive, secure, and agile. 
  • Increased Security
    Veritise comes with built-in safety features that take the worry away. Their contract plug-in framework makes Veritise more resilient to human error and network attacks. 
  • Enhanced Interoperability
    Veritise is interoperable to fit around any business need. Veritise APIs ensure seamless integration with existing enterprise systems and processes, as well as other networks and blockchains.
  • Faster & More Efficient
    Veritise speed and efficiency is unmatched (Public network has tested with 400+ TPS and Private network 3000+ TPS). Tiered architecture and plug-in solutions improve flexibility, speed up processing and development time, and lower costs. 
  • Eco Friendly and Advanced Consensus mechanism
    Veritise uses a modified version of PoS that borrows key concepts from Proof of Importance (PoI). This new weighting attempts to capture the original intent of PoI, which was to award users preferentially relative to hoarders, but not suffer from the scaling issues inherent in the original PoI algorithm.
  • Modular Architecture Supporting Plug-in components
    Veritise is built with a four-tiered architecture, making it more resilient and faster than current blockchains. This ensures that a slowdown in one layer won’t slow the others, and each of the layers can be updated independently.

 

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