EverID: Identity Verification on the Blockchain Network

in #blockchain6 years ago

Overview:
It is a decentralized digital identity system which is used to store and identify the user data, it is backed by highly experienced team, this platform can be used in human life from birth to death in all type of identities. Aiming to provide access for the basic economic services like bank account and insurance even without need of mobile device.

Challenges:
Generally, identity verification is very hectic with the current system to verify each document, sometimes it may lead to misuse of personal data. More than seven billion people are not having proper identity.

EverID Network:
It is a blockchain based network which provides identity and value transfer solution for the Institutions, corporations, and government organizations to verify the user data effectively.

Users can manage and protect their identity by using tools provided by the platform, they can store voter ID cards, passports, national ID cards. They have agents, who helps the people who are not able access its technology. There is huge potential in the identity verification system throughout the global economy system.
It uses blockchain technology, its IPFS allows its users to store the identify in nodes using EverID app. Data stored in the network is highly protected by biometric lock and pin number. Its decentralized infrastructure ensures no chance of DDoS.

It includes all individuals in the network, all the information stored in the network is highly secure.
Its peer to peer registration enables users to participate even without need of mobile device using biometric verification.

Token economy:
EverID issues an Ethereum based utility token called “ID”. It can be used in the internal ecosystem of the platform for the services like identity verification etc.

Token details:
Token symbol: ID
Total supply of tokens: 800,000,000
1 ID= $0.10
Hardcap: $20,000,000
Pre-Sale: 13th Aug to 12th Oct 2018.

Team:

Bob Reid – CEO & Co-Founder
He’s a Blockchain Consultant to GM, BitTorrent and Kai Labs. He’s also a CEO & Co-Founder of VelocityBits and Skyclix. He did MBA in International Marketing and BA in Political Science. He’s having experience in Marketing, Electronics, and Blockchain Technology.

Brad Witteman – CTO & Co-Founder
Previously worked with BitTorrent as a Senior Director. He also did MBA in Marketing and BA in Political Science. He’s having experience in Electronics, Mobile Technology, and Marketing.

Tyler Frost – Operations
He’s having experience in Financial Sector and Biometric Technology. He’s a VP of Business Development & ICO Advisor at Shipchain and President of Coinosophy.

Verdict:

Pros:
• Idea of the project looks great, as it is providing identity solution for everyone, it has huge potential in the future
• Core team members are well experienced in cryptocurrency, marketing and machine learning fields.
• Advisory team looks great, it has experts from Financial Services, Consulting, Cloud Computing and Ethereum
• Website and whitepaper is appealing good, it has clear explanation about the project
• Roadmap is very clear about their milestones to be achieved till 2020
• Partnered with SESO Global, TIC social, KOMPAK, etc.

Cons:
• Social media hype is low, its telegram community has only 187 members (at the time of writing this)
• MVP of the project is not yet released.

Links:
Website: https://everid.net/
Whitepaper: https://everid.net/wp-content/uploads/2018/07/ever_id_whitepaper-1.pdf
Telegram: https://t.me/EverID
Twitter: https://twitter.com/everid
Medium: https://twitter.com/everid
Reddit: https://www.reddit.com/r/EverID/

Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a

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