Ever id ''review''
fatimahzahraHello People, Welcome to my article. Today I am going to give you the information about a great project named Everest. I read all the details about this nice project. This project is really with a very nice concept and important real use cases in our daily life. You shouldn’t believe my words but I am sure after read it’s whitepaper you will also love this project. Everest delivers a complete solution for a new economy.
Is this not great? to make online verification within span of time and best part is without any device? Yes, That’s great technology and it will help us many ways.
As per the their method Biometric identity verification with a cloud wallet removes the need for documents or a device. Displaced or injured people can be identified instantly, onsite, and by different organizations.
Recently, Everest Partners with Cambodian Health Ministry, & WAH Foundation to develop Blockchain driven Maternal Health Care & Administration in Cambodia.
Everest is a decentralized platform that enables and democratizes economic development in emerging and frontier markets. Built upon two blockchains with distributed storage and smart contracts, Everest incorporates a biometric cloud wallet with an integrated digital identity + payment solution. Ideal for banks, governments, businesses, hospitals, insurance companies, NGOs and individual users to exchange value: empowering all 7+ billion humans to join the 21st century digital economy.
Introduction
Everest is a decentralized platform incorporating a massively scalable payment solution, EverChain, with a multi-currency wallet, EverWallet, and a native biometric identity system, EverID.
EverID has built a decentralized digital identity system to store and confirm user identity data, documentation, and biometrics. The platform is available to all human beings from birth until death. It does not require a mobile device to join, is encrypted to protect users’ privacy, and is interoperable with other systems.
Institutions, corporations, and government organizations can effectively, cheaply and quickly validate user identity, at scale. Value can then be transferred securely to the correct recipient with reduced transaction costs, lower losses from leakage, and innovations in service and value transfer.
EverID is a disruptive product with an existing prototype, a highly experienced team, and is working with a large Bretton Woods banking institution4 and UN Agencies. It is building the biggest single opportunity for expanding financial inclusion amongst emerging markets and established financial institutions.
How it works
EverID has created a universal digital Identity Network that will elevate all of humanity into the global market, thereby providing access to a robust set of services in order to enhance livelihoods and promote economic development.
The Identity Network will be an autonomous, non-capturable, decentralized network, owned by no one, functioning in perpetuity and embodying the Principles of Identification for Sustainable Development Goals (SDGs)6 in its software.
It gives individuals the tools to manage and protect their own identity data through a decentralized identity platform and a value transfer solution based on blockchain technology.
Multiple types of biometric information for each identity are recorded and stored in the Identity Network. Legacy identity documents, including national ID cards, driver’s licenses, passports, voter ID cards, etc. are captured, as are 3rd party attestations by cryptographically signing those affirmations of claims.
If an individual does not possess the technology, an agent system will enable them to be enrolled via the EverID Agent DApp. Public Access Devices (PADs) will be used for EverID validation, use, and updating. PADs will use a Software Development Kit (SDK) to add identity validation to devices for banking, government services, healthcare, and more. The Bridge Service allows a user to securely access and use their data on another device that they do not own.
Ever ID use cases
Cash Transfer:
100% validation of money sent to biometrically verified users
Remittance:
Easy, cost-effective way for banks to offer money transfer services
Micro-finance:
Full solution to lend money to the billions of people and SMEs
ID verification:
Manage documents hosted in the cloud or device, track healthcare for all
Land:
Combine titles, GPS coordinates, and identities to bank and secure land
Micro-insurance:
Collect documents, biometrically sign contracts to serve billions of users with or without devices
Medical records:
Manage documents hosted in the cloud or device, track healthcare for all
Ever ID Advantages
Device-free identity verification
Peer-to-peer registration using biometric data allows anyone, anywhere to enroll in the platform, without the need for a device.
Seamless value transfer
By verifying identity with 100% accuracy EverID reduces leakage, fraud, friction, verification, and data access costs.
Total financial inclusion
Creating global access to existing financial services unlocks the $20 trillion-dollar economy of emerging markets.
Individual empowerment
EverID enable users to be in total control of their data and provides access to formal economic systems.
Institutional efficiency
Reduced transfer and data storage fees will allow institutional growth in emerging nations.
Economic growth
Deviceless identity verification will empower over 4 billion people and create a $40 trillion economic opportunity.
TOKEN DETAILS
Total Token Supply – 800,000,000
Token for Sale – 303,685,341
ICO price – $0.09
Accepted Currencies – BTC, ETH, USD
Hardcap – US$ 20,000,000
Pre-Sale – August 13, 2018
Min/Max Personal Cap – $10,000 /$2,000,000
Сan’t participate – China, Korea, Pakistan
At Last congratulation to the whole team of EverID.
To know more details about this great project please follow below links:
Website: https://everest.org/
Whitepaper: https://everest.org/wp-content/uploads/2018/09/Everest_Whitepaper_01Sept2018-v2.pdf
Medium: https://medium.com/@_EverID_
Telegram: https://t.me/Everestdotorg
Twitter: https://twitter.com/everestdotorg
Linkedin: https://www.linkedin.com/company/everestdotorg/
youtube: https://www.youtube.com/channel/UCvW9R1_GgJ2h9ThBJEa_ahw/featured
ANN: https://bitcointalk.org/index.php?topic=4756978.msg42970422#msg42970422
fatimahzahra
https://bitcointalk.org/index.php?action=profile;u=1743266