In the world today,they are millions of people who still lack or do not have any form of legal mode of identification. Out of the 7+billions human beings that currently exist on the surface of the earth can not prove their identity and they are comfortably living without been bordered about this.
Out of this 7+billion people ,1.7 billion still exist who do not have bank account and then 5 billion do not have access to smartphone or to any digital wallets.
This identity verification can be defined as a process of proving trusted credentials are connected to a particular individual and it is been used by businesses to ensure that users or the customers provide information that is associated with the identity of a real person.
This identity verification has prove to be an obstacle to the growth of an emerging market and it has also prevent many people from accessing formal economic services which include the banking system,insurance and lending.
However because of this ,it has drastically limit the number of people who have access to the economy and it has stalls economic development at the institutional level.
But the real truth still remains that without the identity verification,it will be difficult for the economic exchange and the value storage to operate.
So it is because of this that is why the Everest platform was created to tackle this challenges permanently and bring a reliable solution.
THE EVEREST PLATFORM
This is a decentralized platform for a new economy that is incorporating a massively scalable payment solution with a multi currency wallet and a digital biometric identity. The platform build a decentralized system that is basically made up of threes components and this component include
EVerID
This is a digital biometric identity system that stores and also confirm the users identity data.
EVerWallet
This is a multi currency digital wallet with a built in document storage.
EVerChain
This is a blockchain based transaction system
The Everest platform is a platform built form all human beings right from birth until death. It does not require a mobile device to join and it is encrypted to protect the users privacy. The platform is interoperable with other systems. Government ,institution and organization can cheaply validate the users identity at any time at a very cheap price.
This platform is a disruptive product with an existing prototype. It makes user validation process very fast cost effective and the Everchain can even handle 1-10billion transactions per month with the ability to scale to trillions.
Because of the decentralization nature of the platform makes it possible to provide complete personal data ownership and also higher levels of security compared with current centralized database.
The Everest platform combines EverID which works as a centric self sovereign identity solution with EverWallet which is a transfer and document storage solution that is based on blockchain technology and the cryptographic underpinnings of the system. The main aim of the Everest platform is to create economic and social value system.
THE EVEREST PRINCIPLES
The principles guiding the technical and governance design of the Everest platform reflect the principles for identification for sustainable development. The platform operates under the following unchanging beliefs and principles about identity information.
The system should be available forever.
All individuals should be included
If individual does not have access to technology ,the person should still participate.
All individual should be identifiable .
Information's about an individual should be stored in secure manner
Individual should possess and control their identity
The individuals should be able to share their identity information's per interaction.
The system should be able to bridge other systems.
THE EVEREST USE CASE
The platform wants to revolutionize many sectors with the idea to allow for a scalable payment solutions. The platform use cases are
(1)Micro-Finance:.. The platform will offer a full solution to lend money to SME's as well as billions of people across the globe.
(2)Land:.. With the help of the Everest platform ,it will be possible to combines titles,identities to banks and GPS co ordinate to secure lands.
(3)ID verification:.. All the Everest users will be verified through a third party attestation ,government IDs and biometrics.
(4) Medical Records:. The Everest will enable a better management of medical records a d hosting of document in devices.
(5)Cash Transfer:.. The platform will facilitate cash transfer between parties and then validate money sent 100%.
TOKEN DETAILS
Token symbole --- ID
Token sake date--- Aug 13 2018--- oct 12 2018
Token price ---- 1ID --- 0.09$
Accepted payment method--- Eth and btc
Hard cap--- 20,000,000$
ROADMAP
TEAM MEMBERS
CONCLUSION
This is an awesome and interesting platform with great team members. The platform created an EverID which is a centric identity system that bridges digital and physical worlds through individual biometric identity.
It also have decentralized computing ,biometric,mobile devices and wireless networks that support wide spread adoption. The platform have great concept and many potential features.
I will advice everyone to invest in Everest platform because it worth doing so. For more information just click on any of these links below and found out yet more details.
USEFUL LINKS
Webiste--- https://everest.org/
Twitter--- https://twitter.com/everestdotorg
Whitepaper--- https://everest.org/wp-content/uploads/2018/Everest_whitepaper.pdf
Telegram--- https://t.me/Everestdotorg
Medium--- https://medium.com/@EverestDotorg
Reddit--- https://www.reddit.com/r/EverestDotorg/
Ann thread--- https://bitcointalk.org/index.php?topic=4782378
Author details
Bitcointalk profile link-- https://bitcointalk.org/index.php?action=profile;u=1616375;
Bitcointalk username--- ifeoma