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  • 🤖 VIDT Truth Machine
  • 👋Welcome to VIDT Academy
  • 🏛️VIDT DAO Ecosystem
    • The Ecosystem
    • VIDT DAO
    • The $VIDT Token
    • The Smart Contract
    • Integrators
    • VIDT DAO Community
    • VIDT Academy
  • 🤖AI & VIDT (new!)
    • Introduction to AI
    • Data Security & AI
    • Blockchain & AI
    • Compliance & AI
  • 📄Timestamping
    • Introduction to Blockchain and Timestamping
    • How does Timestamping work?
      • What is a hash?
    • Why use blockchain?
    • The Benefits of Blockchain Timestamping
    • The value of timestamping
    • What is the context in a timestamp?
    • Video: Timestamping On The Blockchain
  • 🛠️Integrators
    • AI-Validator
    • FileValidator
      • FileValidator Explained
    • AmSpec
    • ValidatedReality
    • Procentec
    • VerifyAllDocuments.com
    • Amsterdam Vintage Watches
    • IBM (Internet of Environments)
    • Douwes Fine Art (Rembrandt on Chain)
  • 📚Resources
    • ❓FAQ
    • 📄Lightpaper
    • ⚙️Github
    • 🌐VIDT Socials
    • ↔️VIDT DAO token swap
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  1. VIDT DAO Ecosystem

The Smart Contract

How does it all work?

PreviousThe $VIDT TokenNextIntegrators

Last updated 1 year ago

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Smart contracts are basically programs stored and run on a blockchain that activate when specific conditions are fulfilled. They are commonly used to automate certain agreements, enabling all parties involved to immediately understand the result, without the need for an intermediary's participation or any time delay. This is especially useful for transactions that have measureable conditions, and specific outputs. Once a transaction is complete, the transactions are trackable and irreversible. Smart contracts can also be used to store specific data. This essentially the fundament of the VIDT DAO ; the document fingerprint is stored in the VIDT DAO smart contract.

Did you know that for every timestamp that is performed in the smart contract, one VIDT token is used.

The source code

The code for the smart-contract can be be on . It is open-source so that everybody can integrate the technology into any existing or future systems. You can find the smart-contract on the blockchain and .

🏛️
GitHub
here (Ethereum)
here (Binance Smart Chain)
timestamping technology
GitHub - VIDT-DAO/smart-contracts: All VIDT DAO smart contracts for ERC20 and BEP20, including the swap contracts for legacy tokensGitHub
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