Decentralized Platform for a New Economy

anuicoreviews (47)in #economy • 6 years ago (edited)

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EverID is a platform that provides decentralized digital identity system to store and confirm user identity data, documentation, and biometrics that is available for all the human being from birth to death. It is globally accessible. There is no any requirement to have mobile device to join with this platform.

It provides following facilities to its users.

Device-free identity verification – It provides peer to peer registration with biometric data that allow anyone to enroll into this platform from anywhere without having a device

Seamless value transfer – Since there is a 100% identity, it reduces leakage, fraud, friction, verification, and data access costs.

Total financial inclusion – It creates a path to global access to existing financial services.
Individual empowerment – It provides the total control of their data and provides access to formal economic systems
Institutional efficiency – It reduces the transfer and data storage fees. And it allows to institutional growth in emerging nations.

Economic growth - It empowers over 4 billion people through device less identity verification

The principles of EverID can be identified as,

Inclusion of all individual
Individuals can participate though they have not access to the technology
The system will be available for forever
All individual can be identified separately
All information is stored in the most secure manner
Identity is possess and control by the individual
Identity information per interaction is selectively shared by the individual
No one will control the information of individuals other than them.
There is a resilient system against attack

EverID has created two clear divisions to safeguard all users’ identity data and keep user access free and ongoing. They are,

The Identity Network Foundation – It is a non-profit, stewarded identity and value transfer network. Without the consent of individuals, their information cannot be recorded, transferred or used in any manner.

Decentralized Identity Platform – It provides facility to individuals to record, update, store, and transfer value.

EverID can be used in the following circumstances,

In the case of Cash Transfer
In the case of remittance
In the case of Micro-finance
In the case of ID verification
In Medical records
In related to Land – In order to Combine titles, GPS coordinates, and identities to bank and secure land
In the case of Micro-insurance

The total supply of EverID Token will be 800 000 000. It will be distributed in following manner.

Seed, Pre-sale and Bounty – 38%
Team Members, Founders, Board Members, and Advisors - 37.5%
Reserve for community and ecosystem development - 24.5%

So raised fund will be used for the development of network and network applications.

The project is expected to achieve followings in the near future.

Conduct the pre-sale
Launching testnet live
Identifying the Network foundation and completing the target
The project will go live (EverID 1.0 )
Integrating APIs
Transferring money & issuing banking licenses, and SDK
Enhancement of Blockchain Speed
Creating smart contract infrastructure that is available to partners
Enhancements of biometric

EverID is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in BlockChain Technology, Business Development, Marketing, Network security, relationship, and legal matters and so on.

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