PREAMBLE
The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is Everest, a decentralized platform incorporating a massively scalable payment solution, EverChain, with a multi-currency wallet, EverWallet, and a native biometric identity system, EverID.
Before we go any further, please check out this video presentation to get acquainted
Now that I have your attention, let’s get right to it.
What exactly is EVEREST?
As said earlier, 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. Everest delivers a complete solution for a new economy.
"In other words, 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 Everest platform built a decentralized system that is basically made up of three components and this component include:
EVerID: This is a digital biometric identity system that stores and also confirm the users identity data. EVerWallet This is a multi currency digital wallet with a built in document storage.
EVerChain: This is a blockchain based transaction system.The Everest platform is a platform built form all human beings right from birth until death. It does not require a mobile device to join and it is encrypted to protect the users privacy.
The platform is interoperable with other systems. Government ,institution and organization can cheaply validate the users identity at any time at a very cheap price. This platform is a disruptive product with an existing prototype.
The Everest platform combines EverID which works as a centric sel sovereign identity solution with EverWallet which is a transfer and document storage solution that is based on blockchain technology and the cryptographic underpinnings of the system.
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.
Everest has built a decentralized platform consisting of three components: EverID, a digital biometric identity system to store and confirm user identity data; EverWallet, a multi-currency digital wallet with built-in, document storage, and EverChain, blockchain-based transaction systems. This platform is available for all humans from birth to death. Does not require a mobile device to join, is encrypted to protect user privacy, and can be operated with other systems.
They believe the Everest Project will succeed because they have a team that is extraordinary, they are veterans in security, fintech, distributed systems, and the international development sector. and our Team creates the Everest Platform not only to be a complement but they want to create something different and unique so that the Everest Platform is number one in the world and is recommended in the future.
The Everest platform was built and tested by some of the largest banks, governments, financial service providers, and NGOs on the planet. Three complementary and interconnected solutions allow large organizations to profitably reach billions of people who do not have bank accounts, reduce fraud and leakage, and verify that funds are sent to the right people, allowing users to send funds from anywhere in the world.
The Goal
Everest aims to provide the means for those who have no proofs of identity to have one, it does so while taking privacy issues to heart. EverID is therefore developed to run on a decentralized platform. This will give individuals the power and the ability to control and manage their data. While pertinent information will be recorded and stored in the ID network, EverID can guarantee that no piece of information will be shared with anyone without the individual’s consent because everything will be moved by smart contracts.
Everest 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.
Everest is a disruptive product with an existing prototype, a highly experienced team, and is working with a large Bretton Woods banking institution and UN Agencies. It is building the biggest single opportunity for expanding financial inclusion amongst emerging markets and established financial institutions.
Everest combines EverID, a user-centric self-sovereign identity solution, with EverWallet, a value transfer and document storage solution, which are based on blockchain technology and the cryptographic underpinnings of that system. The core focus of the Everest operating company is to create economic and social value.
How it works?
EverID creates a universal digital identity network that can bring all humanity to the global market, providing a range of solid services to enhance ecosystems and promote economic development.
The identity network is software 6, a decentralized network, which is forever the principle of operation and identification of sustainable development goals.
Provides tools to manage and protect their identity data through value movement solutions based on distributed identity platforms and block chain techniques to individuals.
The Ever ID Advantages
Seamless value transfer
By verifying identity with 100% accuracy EverID reduces leakage, fraud, friction, verification, and data access costs.
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.
Total financial inclusion
Creating global access to existing financial services unlocks the $20 trillion-dollar economy of emerging markets.
Economic growth
Deviceless identity verification will empower over 4 billion people and create a $40 trillion economic opportunity.
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.
The ID token
IDs are a utility token that allow access to the EverID network and the applications and services built upon it. The 800 million issued ID tokens will be purchased by banks, governments, NGOs, large organizations, and users (i.e. remittance senders) that want to access EverID’s network. Institutions are given varying levels of access to the platform based on how many tokens they hold while users will not be required to hold IDs in order to receive value.
A device-free digital identity would empower almost 5 billion people to become part of the global economy, thereby facilitating external investment in emerging markets. Universal and inclusive identity will be the catalyst for trillions of dollars worth of transactions, value transfers, and identity verification costs.
Token Details
Total Token Supply – 800,000,000
Token for Sale – 303,685,341
Token Name: ID
Token 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
Restricted countries – China, Korea, Pakistan
Value of identity
A verifiable digital identity will enable emerging market economies to grow into a $40+ trillion opportunity.
Target: $20M
Pre-sale: August 2018
Sales of EverID Tokens
There will be a maximum of 800,000,000 published Tokens.
38.0% Seed, Pre-sale and Bounty (0.875%)
37.5% Team Members, Founders, Board Members, and Counselors
24.5% Reserve for community and ecosystem development
Use of funds
Token Allocation
RoadMap
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
WEBSITE : https://everid.net/
WHITEPAPER : https://everid.net/wp-content/uploads/2018/07/ever_id_whitepaper-1.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=4756978.0
TWITTER : https://twitter.com/@EverID
FACEBOOK: https://www.facebook.com/Everestdotorg
TELEGRAM : https://t.me/EverID
MEDIUM : https://medium.com/@EverID
REDDIT : https://www.reddit.com/r/EverID/
LINKEDIN: https://www.linkedin.com/company/everestdotorg/
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
Warning! This user is on my black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
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