VIDC (VidaChain) is not issued by central banks, credit institutions, or electronic money institutions. It solves the problems of decentralization and trust removal through blockchain technology, transmitted via cryptographic algorithms, serving as a payment instrument that circulates and applies within virtual or specific environments.
The digital currency VIDC is the native cryptographic token officially issued by VIDC. In its first phase, it will be generated on Ethereum based on smart contracts. In the second phase, it will be self-generated on its own public blockchain, serving as the sole base digital currency for VIDCs public blockchain, used for settlements, transactions, and execution of smart contracts.