EVEREST: DELIVERING A COMPLETE SOLUTION FOR A NEW ECONOMY

vocalwalls (29)in #blockchain • 6 years ago

As we continue to progress into the future, we move more and more into a digital age, an era where everything will soon be done by just the push of a button or simply by our voice/ means of interaction.

Today, over the 7 billion number of people estimated to be in the planet, at least 20% of that population has not a valid means of identification which means they are practically cut of from society and the world economy at large. Without an ID in this digitize age, one wouldn’t be able to own a bank account, visit the hospital and more short comings will be experienced from its lack/absence.

EVEREST has seen the bitter truth in this era, and they intend to create the needed solution for a new economy.

INTRODUCING EVEREST

EVEREST is a blockchain based platform which intends to harness the power of the Ethereum blockchain and its smart contract in order to create a new form of identification based on the blockchain, thereby opening the world economy to every single person in it.

EVEREST combines two of its components known as EverID and EverWallet in order to truly create the right economic and social value.

THE EVEREST SOLUTION

EverID which is one of the components used by EVEREST, is a user-centric self-ruled identity solution while EverWallet, is a value transfer and document storage solution and they are both based in the blockchain.

With EVEREST, government organizations, institutes and corporations will become able to effectively and affordably validate user identity through the use of biometric identifications, thereby allowing every person in the globe to have a form of identity.

The EverWallet will be used to adequately store the data and information of every person and also allow the secure transfer of value between every of the platform’s member.

EVEREST with its EverID will be creating a universal digital identity which will uplift all of humanity into a global market, thereby providing admittance to a strong set of services in order to enhance the livelihood of citizens and promote economic development. The tools for users of the platform to be able to manage and protect their identity data through a decentralized identify platform and a value allocation solution which is based on the blockchain is provided to them by EVEREST.

The data of individuals are recorded in a manner which allows them to take control of how their data is shared and handled, for the duration and with whom it is shared, the users have complete control of it.

FINAL THOUGHTS

EVEREST will be operating under the following unanimous and static beliefs and principles:

All individuals should and will be included
Even if an individual lacks the access to the needed technology, they will still be able to participate through EVEREST agents.
The system will always be readily available
Control of individual data by themselves and others.

EVEREST is using EverID to bridge the gap between the digital and physical world through biometric identity. I believe this project has a lot to give to humanity and it will serve you well if you be become a part of them.