EVEREST - Unlocking opportunity with identity
As the cryptospace continues to grow and new projects come up on almost a daily basis there is growing need for transparency, accurate information, and evidence on the viability of these projects. Presently, knowledge in the public domain attests that a substantial proportion of blockchain related projects and particularly those that have undergone ICOs have failed. This is attributable to wide range of factors but key among them poor execution of the project and hence failure to meet the goals as outlined in the roadmaps. As such, it has become particularly important for investors to be cautious while making investments in ICOs and cryptocurrencies in general. This is because a large proportion of investors lack the knowledge to dissect projects, analyse teams or even to ascertain the authenticity of the claims made in the white paper. More so, even if these investors have the knowledge and expertise to analyse and make risk assessment for blockchain projects they may lack the time, resources, and in depth research required to make informed decision. On the other hand, there are multiple genuine cryptocurrencies and ICO projects that have viable products, and world class teams that have the ability to execute the vision and deliver revolutionary solutions within the space and this is where EVER ID fits in and they have developed a decentralized platform for a new economy, incorporating a massively scalable payment solution with a multi-currency wallet and digital + biometric identity. EverID has built a decentralized digital identity system to store and confirm user identity data, documentation and biometrics.
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.
WHAT IS EverID?
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.
WHAT IS 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.
OUR GOAL AT EVEREST
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.
HOW EXACTLY DOES EVEREST WORK?
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 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 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 UNIQUENESS OF EVER-ID
The unique quality of the EverID’s platform which no doubt makes it different from other various platforms includes but not limited to the following ;
• EverID’s platform is sustainable.
The decentralized built up of the EverID’s platform makes way for a complete personal freedom of data together with high level of security.
• Cost effectiveness : EverID platform is built in a way that reduces cost, leakage, fraud, friction, etc.
• EverID’s platform offers total financial inclusion. This is possible through the use of digital identities, digital wallets, and so on. This entails that users can no longer be denied their social rights.
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.
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
Min/Max Personal Cap – $10,000 /$2,000,000
Сan’t participate – China, Korea, Pakistan
Use of Funds
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
ANN Thread: https://bitcointalk.org/index.php?topic=4756978
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409