VERYFILE - Global Blockchain Network for High-Quality Sensitive File Management Through Smart Contracts

Hello Everyone, I will introduce the project about VeryFile, If you would like to join the VeryFile project, let's look at the following review

About VeryFile

VeryFile is not only a Swiss company, it is an innovative vision that aims to provide unparalleled solutions for companies, work groups, businesses and freelancers who value the security of their confidential information.

This platform offers a decentralized customized blockchain and smart contract solution that solves tracking, security, data accessibility and monitoring issues related to sensitive files and documents. Significantly, we have respect for customer privacy, we do not require customers to entrust guardianship of data to third parties.

We aim to solve Global Problems

Despite the explosive growth of the Enterprise File Management market, companies often find it difficult to track documents. It is taxing to track where precisely they originate and the entities who view them.

Every business amasses thousands of documents, and many find that managing said documents puts a strain on company resources.

Large corporations currently utilize software and cloud-based systems to manage internal and third-party documents. This is the case for companies such as SalesForce, Oracle, IBM, SAP, Microsoft etc.

Currently, it is easy to duplicate or print documents and lose track of the hardcopies. It is dangerous if those are copies are intended to be confidential. In fact, in the case of both hardcopies and digital files,transfers are not written down or recorded, so it is not possible to punish or prevent fraudulent use.

Competitors’networks are not closed, clauses files use are missing or they are just theoretical, so systems are not able to apply them independently if the file is sent out a specific software or cloud (ex. If it is downloaded or sent to another computer or another software).

Currently, there have to be rules, regulations and guarantees in place between the customer and a third company that could have access to that information and could, in theory, transfer it over a precarious and unsecure cloud server (3).

Today the FMM faces two major problems: building trust between companies and users is difficult and the process is centrally governed by a few, large companies. This poses a high risk and is one of the most significant causes of data manipulation.

VeryFile Solution

VeryFile is creating a global blockchain network for high-quality, sensitive file management. Customized smart contracts will be ‘cross-border’ and connect businesses worldwide. The VER token will enable an on-demand system that solves the pressing problems of tracking, securing and monitoring sensitive files and documents as well as solving issues of data accessibility and payment risk.

Lower Cost

A system based on smart contracts requires less human intervention, fewer intermediaries and reduces the cost of maintaining a core IT infrastructure. Global costs are therefore significantly reduced.

Fewer intermediaries

Smart contracts can reduce or entirely eliminate reliance on third-party intermediaries who provide “trust” services such as escrow between two parties.

Zero Knowledge

The main feature of a zero-knowledge message/file exchange is that the provider will be able to demonstrate to the verifier that he or she has a particular faculty or specific knowledge on a subject without giving them any other information except for evidence of its possession of this knowledge. VeryFile, therefore, will not be in possession of the personal information of the user and will guarantee maximum privacy on every single document.

Lower execution risk

Automated transactions are faster and less prone to manual error. The distributed process of execution virtually eliminates the risk of manipulation, nonperformance or errors, since execution is managed automatically by the network rather than by an individual.

Accelerate the processes

Because smart contracts use software code to automate tasks that are typically accomplished manually they can increase the speed of a wide variety of business processes.

Reliability

VeryFile’s record-keeping system will allow for simplified digital record creation and data storage on a distributed anonymized and immutable network that is significantly harder to hack and leak.

Customization of the service / flexibility

VeryFile’s system will eliminate points of potential breakdown by using a distribution feature which allows the system to remain active and operational in the event of an attack on less than 51% of the network. VeryFile smart contracts will ensure that transactions occur smoothly and an immutable record of actions taken by all constituents will be available for optimal visibility.

Smart contracts can be issued with customizable and flexible interfaces. This feature tailors the experience to the customers’ needs, increasing usability.

Reputation

VeryFile will record all transactions on its network and for this reason positive actions improve the reputations of users. The risk of a negative review motivates all parties to remain honest. VeryFile’s blockchain-based decentralized network will provide a platform for the next generation of peer-to-peer (P2P) data management to support and record all interactions, with proof of completion and compliance at each step.

Proof of Existence

VeryFile provides anonymous, secure and distributed data storage. Your documents are NOT stored in our database. They are all stored in a cryptographic format inside the blockchain network, and the system certifies specific data existing at a given moment.

Moreover, you can demonstrate data ownership without publicly revealing any data or document timestamping. This allows one to check document integrity at any moment from any device.

Common use cases: demonstrating data ownership of a document without revealing actual data to other parties; document timestamping; checking for document integrity by any authorized user (like authorized individuals or regulators).

Access Control

Requests to access blocks in a blockchain are restricted to only those users who are current members of the network (4-5). The authorized entities are registered using a registration protocol.

MVP: Web App and iOS app

If the soft cap is reached at the end of the ICO, a blockchain-based MVP will be released with basic features of the future VeryFile system. The upload, management, tracking and monitoring of files will be possible by using the ethereum blockchain between private user networks in addition to the automation of processes through smart contracts. A personal profile and a wallet will be available to the users, in which they will be able to monitor and transfer VER tokens. The token can be spent by its owner to have access to the totality of the services offered in the MVP and to express their preferences in the implementation of future features.

Zero knowledge will be guaranteed by VeryFile which will not acquire or own any user files ensuring maximum privacy. The MVP will be released for browser and IOS allowing users to monitor the data at any time of the day and from different devices.

Other Features

Not only contracts and written documentation can be managed through the VeryFile system, but also files of different formats, images, videos, emails, messages.

Token Mechanics and Sale Details

The fixed supply of the VERY token is 442,500,000 VER, which is defined in a cryptographically binding smart contract.

Token Info

Token name: VERY Token
Ticker/symbol: VER
Token standard: Ethereum erc20
Price of VER token: USD 0.20
Total supply: 442,500,000 VERY

How to buy?

You can buy VERY tokens with ETH, BTC and LTC on the pre-sale section of the official website: www.veryfile.io Once the initial sale is complete, the VERY tokens will be transferred to a wallet that supports ERC20 tokens. We recommend to use MEW www.myetherwallet.com or metamask. Do not transfer your ETH, BTC or LTC from exchange wallets (ie.: Coinbase, Bittrex, Binance etc.)

VERY tokens will be offered for:

Private sale on September 25th, 2018 (8:00 AM UTC-7) and ending December 30th, 2018 (5:00 PM UTC-7).
Public sale on Q1 2019.
Accepted payment method: ETH, BTC, LTC.
Number of token in the private sale: 50,000,000 VER (11.30% of the total supply)
Number of token in the public sale: 127,000,000 VER (28.70% of the total supply)
Soft Cap: 2.5 M$
Hard Cap: 24 M$
VERY tokens will be distributed proportionally based upon ETH value contributed per sending address.
US based launch accepting contributions from US Citizens

What is the price for one VERY Token?

The price of a VERY token will be set at the fixed price of 0.20$ plus possible bonuses. Participants will receive VERY tokens equal in value to the ETH contributed.

The marketprice will be fixed at 0.20$ during the token sale with the possibility to enjoy a bonus based on the timing and phase of purchase.

You will receive an email confirmation one time the transfer is completed, the token will be transferred on your eth wallet at the end of the ICO.