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About Veritise

Veritise (VTS) is a blockchain-based platform that aims to restore trust among individuals, enterprises, and institutions through identity verification. It strives to create a system where various entities, from individuals to digital assets, can be registered, verified, authorized, and validated. The platform's blockchain technology ensures that all these processes are carried out in an immutable manner. Veritise's scope extends to a wide range of items including products, CVs, documents, news, opinions, reviews, information, intellectual property, NFTs, and artworks. If it's veritised, it aims to be reliable.

Veritise operates on a blockchain network that handles over 400 transactions per second, with an average confirmation time of 7 seconds. It uses a Delegated Stake with Proof of Importance algorithm, which eliminates the need for CPU-intensive calculations to validate blocks, thereby keeping energy usage to a minimum. The platform has a dynamic fee mechanism, aiming to keep transaction costs less than $0.01, regardless of the value of the VTS token. Veritise also aims to deliver a digital trust solution that mitigates the threat of identity theft, a problem that causes businesses and individuals worldwide over $5 trillion in damages yearly.

Veritise aims to develop solutions for a variety of industries and sectors. It aims to deliver product authentication services to protect brands from fakes, forgeries, and intellectual property thieves. The platform also aims to deliver CV verification services, which can be beneficial for human resources departments in verifying the authenticity of applicants' credentials. Additionally, Veritise's identity verification solution can be used to mitigate the threat of identity theft, aiming to provide peace of mind for businesses and individuals alike. The platform's wide range of applications makes it a versatile tool in the digital world.

Veritise has made strides since its inception. It has expanded its reach by making its token (VTS) available on new platforms, aiming to enhance the accessibility of its solution and cryptocurrency. The platform has also demonstrated its commitment to innovation by showcasing its CV verification service through a video demonstration. Veritise has also been actively involved in various events and exhibitions, such as the VivaTech trade show and the CES Expo, where it made its global debut. The platform's journey reflects its ongoing efforts to develop its professional links and establish its presence in the blockchain industry.

Market

Singapore Market Stats

Market cap

S$8.0M

Volume (24h)

S$461,806.08

Circulating supply

224.1M VTS

All time high

S$0.49

Price change (1h)

-0.96%

Price change (24h)

-22.46%

Price change (7d)

-51.49%

Singapore News about Veritise

BeInCrypto • May 02, 24

MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol

MicroStrategy strengthen its focus on Bitcoin innovation by introducing Orange, a Bitcoin-based DID protocol.The post MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol appeared first on BeInCrypto.

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The Block • May 02, 24

MicroStrategy plans to launch decentralized ID solution: report

Microstrategy unveiled plans to launch a decentralized identity solution at a business presentation, according to an influencer on X.

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Bitcoin Magazine • May 02, 24

Texas A&M Professor to Launch Bitcoin Research Institute

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

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Decrypt • May 02, 24

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions

Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.

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BeInCrypto • May 01, 24

Celestia (TIA) Price Targets $7 as Investors Pull Back

Celestia's price is in a potential reversal stage and could so so only if the altcoin manages to bounce off these key.The post Celestia (TIA) Price Targets $7 as Investors Pull Back appeared first on BeInCrypto.

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Bitcoin Magazine • May 01, 24

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

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Related Assets

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Veritise is on the decline this week.

The price of Veritise has decreased by 0.96% in the last hour and decreased by 22.46% in the past 24 hours. Veritise’s price has also fallen by 51.49% in the past week. The current price is S$0.0355 per VTS with a 24-hour trading volume of S$461.81K. Currently, Veritise is valued at 92.77% below its all time high of S$0.49. This all-time high was the highest price paid for Veritise since its launch.

The current circulating supply of Veritise is 224,055,263 VTS which means that Veritise has as total market cap of 224,055,263.

FAQ

What is the current price of Veritise?

We update our Veritise to SGD currency in real-time. Get the live price of Veritise on Coinbase.

What is the market cap of Veritise?

The current market cap of Veritise is S$7.96M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Veritise?

The all-time high of Veritise is S$0.49. This all-time high is highest price paid for Veritise since it was launched.

What is the 24 hour trading volume of Veritise?

Over the last 24 hours, the trading volume of Veritise is S$461.81K.

What other assets are similar to Veritise?

Assets that have a similar market cap to Veritise include PLAYA3ULL GAMES, Dejitaru Tsuka, MXC, and many others. To see a full list, see our comparable market cap assets.

How many Veritise are there?

The current circulating supply of Veritise is 224 million.

Can I buy Veritise on Coinbase?

No, Veritise is not currently available on Coinbase, but you can sign up to get the latest news on Veritise and be notified when it gets added to our exchange.