Everest is a decentralized platform for a new economy, incorporating a massively scalable payment solution with a multi-currency wallet, and digital + biometric identity.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.
How EverID Token, EverChain, EverWallet And CRDT Crypto Works
Creating global access to financial services and allowing total financial inclusion enables Everest to unlock the huge economy of the emerging markets. People across the world will be empowered and have more economic opportunities.
In order to achieve its goals Everest project comprises of four components:
The Identity Network Foundation – This is a non-profit, value transfer and stewarded identity network built for common good. It allows individuals complete control over the data they provide, meaning that the information can’t be transferred, recorded or used in any other way without the direct consent of the users.
EverID - Decentralized Identity Platform – This is a decentralized mobile application that gives users control over what they record, transfer, update or store.
EverWallet – This feature does not just support multiple currencies, but also document storage. It’s part of the EverID Dapp.
EverChain – This is a scalable value exchange, allowing recording of all transactions into the Ethereum blockchain.
Where can Everest be used?
- Everest provides governments, businesses, and organizations with the ability to verify and validate biometrics, official Ids and attestations from third parties.
- Everest offers users 100% validation of money sent between biometrically verified users.
- Users are provided with an easy and cost-effective method that banks offer for the transfer of money and related services.
- SME’s and people in need can use the Everest platform to acquire loans.
- Healthcare related services are also available with documents hosted on device or cloud. This allows users to easily manage them and also track individual healthcare.
- Real Estate is also a related industry with all documents related to purchase and sales like title deeds, agreements, GPS coordinates and identities for bank procedures.
- Everest can also be used for micro-finance where documents are collected and contracts signed biometrically. This helps provide Everest’s services to millions of users, even those without their own devices.
Everest ICO Details
Token Symbol: ID
Token Sale Date: Aug 13, 2018 — Oct 12, 2018
Token Price: 1 ID = 0.09 USD
Accepted Payment Method: ETH, BTC
Hard Cap: 20,000,000 USD
The Amazing Team
The Everest team is made up of individuals experienced in IPO’s, blockchain, and startups. The team is led by Co-founders Bob Reid (CEO) and Brad Witteman (CPO) who have both held senior positions at BitTorrent, and Mike Kali (CTO) who has worked at Yahoo and Netflix.
The team is also assisted by a board of advisors like Aya Miyaguchi of the Ethereum foundation, Atsushi Taira CGO of Mistletoe, former President of Estonia Toomas Hendrik, and Dr. Virgil Griffith of CalTech.
Conclusion
Achieving a new economy with device-free identity verification seems to be possible with Everest. By doing this, the platform will consequently reduce costs associated with data access and verification as well as fraud and leakage that’s experienced in the traditional systems. If the platform achieves peer-to-peer registration using biometric data, then it will revolutionize many industries, including banking, data storage, healthcare and education.
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