What is Validity?
Validity is a decentralized blockchain service provider using a modified Proof-of-Stake token to enhance security, productivity, and transparency. It aims to build trust and foster innovation in the digital space.
Solutions
Validity offers a range of services designed to address modern digital challenges:
- Decentralized Identities: Cryptographically managed identities for secure online interactions.
- Digital Signatures: Verifies file ownership and authenticity.
- Online Voting: Provides secure, transparent voting solutions.
- Validated Text Notes: Ensures immutable records for various documents.
- NFTs & Metaverse: Integrates with virtual worlds for ownership and transactions.
Staking and Rewards
Validity employs a staking system to validate transactions, rewarding stakers with newly generated VAL coins.
- Maximum Supply: 9 Million VAL
- Block Time: 60 Seconds
- POS Reward: 0.485 VAL/block
Eco-Friendly Technology
The Validity platform is designed for efficiency and can operate on low-power devices like Raspberry Pi. The community supports easy deployment through prebuilt Docker instances.
Blockchain Identity and Access Management
Validity’s blockchain identities link personal data with public-private keys, enabling secure interactions and verifiable actions across the platform.
- Use cases include file signing, voting, and proof of ownership
- Actions are permanently recorded on the blockchain for transparency
Other Projects in the Protocol Category
- Olympus: a decentralized protocol for creating a stable, community-driven currency.
- Arcblock: a decentralized platform for building and deploying DApps using blockchain and cloud computing.
- Aventus: designed to enhance Ethereum with faster, cheaper transactions and improved scalability.
