Validity (VAL) is a Proof of Stake digital asset specializing in (but not limited to) data and identity validation/verification, NFT, decentralized voting, and elections via the Validity SmartChain and the SmartChain ZeroClient. The maximum total supply of 9 million coins makes Validity (VAL) a deflationary asset.
⭐ Blockchain Identity and Access Management - Blockchain Identities are the core principle on which Validity is built. An identity links your demographic information to a set of public-private Validity keys, and records this information in the blockchain. Once recorded, a Blockchain identity can be used with all other Validity functions, including file signing and voting.
⭐ Digital signatures in Blockchain - Valdity Digital Signature is the next generation of file ownership and authenticity verification. Digital Signature allows a user to mark particular files as official or valid, or to prove they had ownership or access to a file at a particular time. Developers, authors, and other content generators can use Validity Digital Signature to protect their users and customers from malicious manipulation of downloads and other transmitted files. Upon receipt of a file or download, clients can independently check the file against the known checksum and signatures recorded in the Validity blockchain.
⭐ Blockchain Voting - From the time voting was first introduced in Greece by Cleisthenes in 508 BC, through today, voting has served as the cornerstone of the democratic decision-making process. Unfortunately, many voting systems have been difficult to secure and scale, leading to modern recounts, contested results, and accusations of fraud. Now, 2526 years after the first known vote, Validity is happy to announce Validity elections, a blockchain-based voting platform designed to restore confidence, transparency, and integrity to the voting process.
⭐ Blockchain Text Notes - Placing text into a blockchain is not a novel idea. Having a platform that makes it simple and easy is! Via the Validity Zero Client, users can insert small text notes directly into the Validity blockchain. The process is accessible, simple, and cost-efficient, requiring a minor amount of Validity coin (VAL) to fuel the network transaction. Notes can be used to make predictions, endearments, or any other type of public statement that need both security and immutability. Users are also granted the assurance of longevity and disaster prevention. As blockchain technology is inherently decentralized and peer to peer, any and all data stored on the Validity blockchain cannot be destroyed unless the entire Validity global network experiences a cataclysmic event.
⭐ NFTs & The Metaverse - Validity was among one of the very first platforms to offer Non-Fungible Assets under the guise of “Custom Assets and Groups.” We’ve since revamped our platform to support the current NFT landscape and are actively developing protocols for future metaverse integration. The scope of this venture is profound and our team is working diligently to bring it to fruition.