EverID – Providing Identity Verification Globally using Blockchain

gonizar

https://bitcointalk.org/index.php?action=profile;u=2283109

Hallo meet me again gonizar, I will explain Blog I will introduce about EverID project, and for more details let’s go to the following discussion:

EverID is a decentralized platform for a new economy, incorporating a massively scalable payment solution with a multi-currency wallet and digital + biometric identity

The essence of this revolutionary project is artificial intelligence. Special programs carry out a thorough analysis of customer data, find other intelligent contracts in the database that the customer previously followed, and check all user actions: investment, billing, etc.

EverID 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: Verify users through biometrics, government IDs and third party attestations
Medical records: 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

Unbanked
Without verifiable identity, individuals are unable to access banking to receive value or credit, preventing economic development.
Unverified
The inability to prove identity impredes access to basic human rights such as healthcare and education for over a billion people.
Unrealized
Lack of infrastructure surrounding identity and value transfer means major institutions are unable to develop in emerging markets.

How EverID removes the barriers

EverID is the world’s only device-free, globally accessible, digital identity platform. Through the use of digital identities, digital wallets, document management, and biometrics, users will be able to digitally verify their identity for public services and claim their social and economic rights.

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.

The ID token and the Identity Network ecosystem

IDs are a utility token enabling access to the Identity Network and every exchange of value in the economy.
Receiving payments is always free within the system, but users need to stake 1-100 IDs in their wallet if they want to send payments.
Like within all large systems, the higher levels of data, complexity, visibility and targeting require a larger stake, up to 250,000 IDs.
Institutions need to stake varying amounts of IDs to gain tiered levels of access and additional IDs for market-specific applications.