The VIC Trust Centeris a platform service based on blockchain technology that enables the verification of authenticity and uniqueness of various assets, including art assets that can be authenticated using printed Electronic Signature(Below ES). By utilizing technology such as ES, the platform verifies the authenticity and uniqueness of valuable assets, including art assets, and guarantees the possession of high-quality, authentic assets. The platform focuses on enabling the transaction of confirmed authentic assets by utilizing structured and encrypted data mechanisms that combine on, off-chain technologies, preventing the manipulation of assets and reducing the cost of repetitive authenticity verification. With advanced technology and prompt authenticity verification, it is possible to prevent attempts at manipulation itself.
Furthermore, verified assets, including safely verified art, can be sold through the VIC DApp. In the future, the platform aims to introduce a machine learning model that predicts the uniqueness and future value of valuable assets, such as artist-certifiedauthentic assets, and provides a fair and objective authenticity assessment and transaction system based on blockchain technology that combines AI and buyer patterns. VIC supports the growth of asset holders, including artists, across their entire careersand eliminates counterfeit goods. Some of the profits are planned to support a progressive ecosystem in which creators can escape financial hardship and create high-quality content. Above all, the VIC platform is building an authenticity verification service for art in the online art market, covering the entire domain from securing and selling creative goods to delivery and providing data based on the certificate of authenticity for all traded items, offering a more friendly and accessible trading market for buyers.
Applying the anti-counterfeiting technology of Electronic Signatures to support the purchase and sale of tangible and intangible assets that hold value and authenticity verification services, the VIC platform issues cryptocurrencies that have inherent value due to the re-evaluation and resale of assets resulting from the increased inherent value associated with self-esteem in possessing authentic assets and the guarantee of unique asset ownership. VIC coins have the advantage of being value-holding coins that possess both technological value and exchange value, leading to various forms of profit, such as the appreciation of intrinsic value associated with an increase in inherent value, as well as profits resulting from the resale of assets that hold value.
The VIC platform service aims for P2P design based on blockchain. However, from a technical perspective, the platform is designed to include an O2O service integrated into the art auction system. Unlike traditional sharing economy models such as Airbnb and Uber, this system doesn't burden buyers and artists with excessive commission costs. The model aims to build a platform that integrates asset holding art, mobile auction, electronic currency, and mobile payment services so that P2P transactions can be conducted on an O2O service-based system through blockchain technology. The goal is for market participants to shape the blockchain art auction business model with VIC TOKEN.
VIC seeks to innovate the transaction ecosystem and distribution structure of the growing tangible and intangible asset trading system, including artworks. It incorporates blockchain to open transparent history information, authentication information, and distribution process information of artworks by artists, to establish trust. Through the auction process, the traditional offline auction method is replaced with an online contract (Smart Contract) and a convenient and fast process from payment through VICTOKEN to service completion.
An art piece can be purchased and stored in our storage or registered under asset type on our service platform, and then connected to buyers and artists for auctions, collaborative auctions, and reverse auctions. Alternatively, creators and buyers can listand sell their own assets. Additionally, it is a business model that enables the rental and exhibition of stored tangible and intangible assets and allows buyers to participate in art auctions using VIC TOKEN through the VIC D-app.