EVEREST ICO PLATFORM:
Introduction:
EVEREST Ecosystem 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 has built a decentralized digital identity system to store and confirm user identity data, documentation, and biometrics. Everest platform is available to all human beings from birth until death. It doesn’t require a mobile device to join, is encrypted to protect users’ privacy, and is interoperable with other systems.
Corporations, Institutions, and government organizations can effectively, cheaply and quickly validate user identity, at scale. The value would 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’s banking institution4 and UN Agencies. It’s building the biggest single opportunity for expanding financial inclusion amongst emerging markets and established financial institutions.
Unlocking Opportunities With Identity:
Currently, more than a billion people in the world have no verifiable identity. Over 2.6 billion People live without a bank account and almost 5 billion people do not have access to a Smartphone. The conjointly of these factors prevents investment, entrepreneurship and institutional development in emerging markets. The lack of verifiable identity also prevents individuals from having access to the global economy. It left almost half of the population unable to realize their full economic potential and makes an important contribution to the reason why 40% of the world currently represents only 20% of global GDP.
Empowerment Through Identity:
The EverID is a device-free, universal identity and value exchange platform that allows anyone to prove their identity, store value and money transfer. It uses biometric identity and an unchanging general ledger that enables the seamless exchange of value between governments, banks, NGOs, insurance companies, hospitals and other organizations. It reduces fraud and leakage. This platform makes identity verification more profitable on a larger scale than ever before. Users of this platform receive social and economic benefits from their digital identity. No device is needed to access these benefits. An inclusive and secure identity means seamless value transfer and access to global economic services such as banking, credit and insurance.
HOW EVEREST PLATFORM WORKS:
The EverID platform has created a universal digital identity network that will raise the whole of humanity to the global market, providing access to a robust range of services to improve livelihood and promote economic development. The identity network will be an autonomous, non-supportable, decentralized network, owned by no one, functioning forever and incorporating the principles of identification for Sustainable Development Goals (SDGs) 6 into its software. This system 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.
It allows multiple types of biometric information for each identity are recorded and stored in the identity network. The Legacy identity documents, including national identity cards, driver’s licenses, passports, voter’s identity cards, etc. are been recorded, as well as third-party certificates by cryptographically signing these confirmations of claims. If the client does not have the technology, an agent system allows them to be enrolled via the EverID Agent DApp. The Public Access Devices are used for EverID validation, use an update. The Public Access Devices uses a Software Development Kit (SDK) to add identity validation to devices for banking, government services, healthcare and more. The service of the Bridge allows a user to securely access his data and use it on another device that he does not own.
ADVANTAGES OF THE EVER ID PLATFORM:
· Seamless Value Transfer:
By verifying identity with 100% accuracy EverID reduces leakage, fraud, friction, verification, and data access costs.
· Device-Free Identity Verification:
Everest Peer-to-peer registration using biometric data allows anyone, anywhere to enrol 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:
Device-less identity verification will empower over 4 billion people and create a $40 trillion economic opportunity.
· Individual Empowerment:
The EverID enable users to be in total control of their data and provides access to formal economic systems.
· Institutional Efficiency:
It reduced transfer and data storage fees will allow institutional growth in emerging nations.
ICO AND TOKEN INFORMATION:
Token Distribution And Allocation:
Total Token Supply — 800,000,000
Token for sale — 303.685.341
ICO price — $ 0.09
Accepted currency — BTC, ETH, USD
Hard cap — US $ 20,000,000
Pre-sale — August 13, 2018
Min/Max personal cap — $ 10,000 / $ 2,000,000
Cannot participate — China, Korea, Pakistan
PRINCIPLES OF EVEREST PLATFORM:
Everest’s principles guiding the technical and governance design reflect the Principles for Identification for Sustainable Development, as set out by the Center for Global Development and the World Bank. Privacy in life is a human right and that individuals should have control over and effectively own their own database of identity elements, including their biometrics. The Information should only be shared with the express consent of the user and there should be recourse if a user’s rights are violated. Everest’s Users should be informed and compensated for access to their identity information and ability to share data with another party or deny access selectively. They proposed to fund a network of identity verification nodes which will be governed as a standalone foundation to ensure longevity, security, and transparency.
ROAD-MAP:
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CONCLUSION:
In conclusion, It is necessary to recognize, the project while is at the earliest stage of the formation, so it is difficult to give an unequivocal estimation. But it could be accurately noted right now — a strong base, already there are some quite workable developments in biometric identification. The core hub of the Everest is to ensure a better experience for the users, may it be governments, institutions, or individuals. Everest aims at creating a social and economic value for everyone. With the utilization of the document management, digital wallets and digital identities, every user will be able to authenticate their identity for private and community services and claim their economic and social privileges.
More Information Visit The EVERID Links Below:
Web Site: 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
Telegram: https://t.me/EverID
Medium: https://medium.com/@EverID
Reddit: https: //www.reddit. com / r / EverID /
Author’s Details:
Bitcointalk Username: Dtotti78
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2343031
Dtotti2 