Everest Project Overview

anuicoreviews (47)in #economy • 6 years ago

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Everest provides a decentralized platform for a new economy with the collaboration of Everchain, Everwallet and EverID to provide massive scalable payment solution with multi-currency and a native biometric identity system to deliver a complete solution.

Everest has been designed in a manner that can be provided following facilities,

Personal Empowerment - Universal digital identity that EverID provided to derive all of humanity into the global market
Institutional Investment – It enable institutional investors to invest in emerging markets

Everest operates in a manner that reflects the Principles for Identification for Sustainable Development. Those principles can be identified as,

Including all the individuals – Though the individuals do not have access to the technology, they can participate in.
The system will be available for forever
It is specifically identifiable all the individuals
It is stored all the information related to the individual in the most secure manner
The identity can be secured and controlled by the individuals
The identity information of the individuals can be securely shared as per the interaction
No one can be controlled the individuals’ information other than those who owned their information
It should be maintained a resilient against attack
It bridges the gaps created by the other systems

Everest will be the greatest tool in the following circumstances since it is more functional.

Cash Transferring – It provides 100% validation.
Remittance – It provides Easy, cost-effective platform to bankers to offer money transfer services.
Micro-finance – It facilitates to small and medium enterprises.
ID verification – Verification is done through biometrics, government IDs and third party attestations.
Medical records – It manages the documents hosted in the cloud or device, track healthcare for all.
Land – It offers Combine titles, GPS coordinates, and identities to bank and secure land.
Micro-insurance – It collects documents and biometrically signs contracts to serve billions of users with or without devices.

The token used in Everest is represented by ID. The ID sales have been design in a manner that minimizes the investors’ risk and delivering the stability for individual users and institutions that partner with Everest. The total supply of ID is recorded as 800,000,000. It is expected to distributed as follows,

Team Members, Founders, Board Members, and Advisors - 37.5%
Seed, Pre-sale and Bounty - 38.0%
Reserve for community and ecosystem development - 24.5%

So raised fund will be allocated for the betterment of the project in the following areas,

product development
intellectual property protection
product integration and customization for trials
personnel, travel, and general business expenses
customer acquisition
infrastructure development
engineering
Integrations
regional rollouts
sales and marketing,
legal licensing
operations
expanding the network and network applications

So far up to now the Everest has gone for a Testnet live while announcing the project. Further it has planned to achieve the followings in its near future.

Everest 1.0 going live together with token, ID+Wallet DApp and blockchain
Identification of Network foundation (INF) target completion
Launching Everest 2.0 together with multi-currency wallet and API integrations
Launching Everest 3.0 together with blockchain speed enhancements and smart contract infrastructure available to partners
Launching Everest 4.0 together with money transfer & banking licenses, and making availability of SDK

Everest 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, Security & Network Infrastructure, Cloud Architecture, Market Analysis, Venture capital, Business Consulting, Financial Services, public relationship, and legal matters and so on.

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