Enhance Economic and Social Value by joining hands with Everest

ernawendy (6)in #everest • 6 years ago

Everest is a for-profit organization that provides funds to the non-profit Identity Network Foundation since the Identity Network Foundation ensures the transparency, neutrality, and longevity of the Identity Network. Because Everest highly believes in providing its users quality service, it believes in this strength of the Identity Network Foundation that has the power to challenge all kinds of insecurities of the users. Everest is based on a decentralized database network system that provides its users with the platform needed to validate their digital identities to be active participants in the online world without encountering any challenges regarding the validity of their identities.

In order to improve the economic and the social value of the sector, Everest grants its users with the power to effectively, cheaply and quickly validate their identities. This provides the users with the opportunity to transfer the values to correct recipients without any doubt with very low transaction fees and lower loses from leakage. It also facilitates verification of users by multiple third-parties and allows the secure transfer of value between the members of the system. Everest is not a mere profit oriented database system; it contributes largely to the welfare of the society both economically and socially. For instance, the entire online scheme at present includes many individuals, and most of them do not exist in the real world as they manage fake profiles. This is a negative influence as it disrupts the growth of the online industry. But Everest with the introduction of Every ID provides the genuine environment that the industry needs to grow faster with genuine users with verified identities. Hence it enables in advancing the typical economic inclusion from $20 trillion to $40 trillion, as a result of fixed identities than fluctuating fake identities.

Users of Everest will also be benefitted as Everest exposes them to a more credible online market that promotes individual economic development through financial systems. It is mainly because of EverIDprovides a universal identity that allows both individuals and institutions to expand into emerging markets. Also through the use of digital identities users will be able to validate their identities for public services which eventually will benefit the society.

Everest instant electronic identity verification service will also help the business community to help business comply with Anti-Money Laundering. It enables increased trust and safety during online transactions and prevents fake identities to enter the field. This cleans the community and is essentially a social service done by Everest. Moreover, Everest focuses on providing its customers with credibility, privacy, and inclusion so that they can explore the online world and raise the standards of their businesses without any hesitations or challenges. Therefore it is clear that Everest is world’s No.1 digital identity verification service that meets all the requirements of its users and provides them with the opportunity to embrace new technologies such as the blockchain system that assures the security of their personal information and safeguards the reputation of their identities like no other.