EVEREST USING THE BLOCKCHAIN TECHNOLOGY TO VALIDATE IDENTITY FOR PUBLIC AND PRIVATE SERVICES

An identity verification service is used by corporate bodies such as banks , educational institutions hospital government agencies etc to confirm that users of the mentions organization comply to the terms and conditions of identity privacy which is called Know your customer (KYC) or in some countries is called customer identification program. this is was developed to know the customer better and also to avoid bots accessing companies server .The identity verification service is able to verify the authenticity of physical identity documents which include all of the following :a Driver’s or passport, voters car , national ID card , or may verify identity information against authoritative bodies such as a credit bureau or government data, called non-documentary verification.

The KYC has lot of benefit for companies and organization although there are still challenges that need to be address.
From a recent study have shown that the Equifax data breach distressing the personal and financial data of 143 million of people in the United State of America which have had a negative impact on the consumers. Despite customers credit cards can be reissued with new numbers from the regulated government agency, their legal names, addresses, Social Security numbers, and birthdates cannot be change since they are already on the hands of hackers in the deep or dark web.

Also from recent study also shows that most organization during KYC procedure ask for the last Digital number of their social insurance number especially banks. The safety of this procedure for KYC is now in this model days be question because of fraudsters who use this identity unknowing to customer for cyber-criminal act.
This is very disturbing to customers due to company’s weakness to secure data. But there is a solution brought by the Everest team to use the Blockchain technology to store and validate Identity for individual, government agencies, private agencies etc.

Everest is the only and first crypt currency platform to use the Blockchain technology to solve the challenges that comes along side verification of Identity.

Everest solutions
Everest proposes the use of Digital identities , digital wallets and document management that is transparent and durable from birth till death of an individual and also enables users to validate their identity for public services such as in the banks , educational institutions etc. by leverages on the high level security of the blockchain technology . Which is the most reliable and transparent proof of receipt of identity.
Everest has built a sophisticated and robust platform which is made up of the following as described below:

 EverID
This is the first Digital Biometric system that have the ability to store multiple users within seconds and confirm users’ identity data with a speed.
 EverWal¬let,
This is the secure wallet of all time that store multiple cryptocurrency
 EverChain,
This is a transaction system that is built on the blockchain technology

The Everest platform encrypt all data with maximum security checkup for sustainable development of the economic ranging from the banking industry to other sector of the industry. This made easy for all user even though users don’t have mobile device they have the privilege the utilize the Everest platform.

The platform is available to all human be¬ings from birth until death. It does not require a mobile device to join, is encrypted to protect users’ privacy, and is interoperable with other systems.
Everest will make the world a safe place for all kind of business transactions that even the hackers in dark web or surface web will crumble through the technology the Everest team is integrating into the Global economics that will last for a long time and can be sustainable.

Why everybody need EVEREST
Everest have lot of features that have the ability to grow, development and sustain the global economic in diverse areas. Let explore these areas below:

Medical records
Manage health care data in cloud with the help of the decentralize storage system

Micro finance
Financial data are also manage financial data and also provide solution for p2p lending

Land
Land data such coordinate of landed property are secure and store with the ecosystem

Remittance
Provide solutions to the banking industry by reduce cost of transaction and attracting investors to the industry.

Cash transfer
With EVEREST Technology is faster to transfer money to verified users without any barriers.

Id verification
Verification of users of government private agencies through secure biometric procedure.

Micro insurance
Enable collections of document with biometric verification to renders quality service to millions of users.

What makes the EVEREST platform unique in developing the economics of any nation?

 The EVEREST platform reduce leakages of data frauds and friction in verification of identity. The process is so transparent that there is proof of verification that is undestroyeable because of the uniqueness of the Everest Blockchain technology.
 With the deviceless nature of the Everest platform there creation of more rooms for opportunity for sustainable development with the global community.

PARTNERS

For more info about this project visit the below link

WEBSITE: https://everest.org/
Telegram: https://t.me/Everestdotorg
Twitter: https://twitter.com/EverestDotOrg
Reddit: https://www.reddit.com/r/EverestDotOrg/
LinkedIn: https://www.linkedin.com/company/everestdotorg/
Medium: https://medium.com/@EverestDotOrg
Facebook:https://www.facebook.com/everestdotorg/
Youtube: https://www.youtube.com/channel/UCvW9R1_GgJ2h9ThBJEa_ahw

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