Today when i was reading the CryptoServices Bounty Group, i got information that there is a new cryptocurrency platform that has awareness in data security. The team is lead by Bob Reid and named EVERID. What is that? please stay on as i will inform you in this article.
EverID has built a decentralized digital identity system to store and confirm user identity data, documentation, and biometrics. The platform is available to all human beings 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.
Institutions, corporations, and government organizations can effectively, cheaply and quickly validate user identity, at scale. Value can then be transferred securely to the correct recipient with reduced transaction costs, lower losses from leakage, and innovations in service and value transfer.
EverID is a disruptive product with an existing prototype, a highly experienced team, and is working with a large Bretton Woods banking institution4 and UN Agencies. It is building the biggest single opportunity for expanding financial inclusion amongst emerging markets and established financial institutions.
How It Works?
EverID has created a universal digital Identity Network that will elevate all of humanity into the global market, thereby providing access to a robust set of services in order to enhance livelihoods and promote economic development.
The Identity Network will be an autonomous, non-capturable, decentralized network, owned by no one, functioning in perpetuity and embodying the Principles of Identification for Sustainable Development Goals (SDGs)6 in its software.
It gives individuals the tools to manage and protect their own identity data through a decentralized identity platform and a value transfer solution based on blockchain technology.
Multiple types of biometric information for each identity are recorded and stored in the Identity Network. Legacy identity documents, including national ID cards, driver’s licenses, passports, voter ID cards, etc. are captured, as are 3rd party attestations by cryptographically signing those affirmations of claims.
If an individual does not possess the technology, an agent system will enable them to be enrolled via the EverID Agent DApp. Public Access Devices (PADs) will be used for EverID validation, use, and updating. PADs will use a Software Development Kit (SDK) to add identity validation to devices for banking, government services, healthcare, and more. The Bridge Service allows a user to securely access and use their data on another device that they do not own.
Ever ID Advantages
Token Detail
At the end, i bid a good luck upon this team. For more information, don't hesitate to follow below links:
WEBSITE | WHITEPAPER | MEDIUM| TWITTER | TELEGRAM | ANN
Posted by:
Bitcoin Talk username : maniak kemsut
Profile Link : https://bitcointalk.org/index.php?action=profile;u=2132482
Wallet : 0xD1182fe4B8ae5E4D7801f6B851374E3F3A2d6A04
Thank you & love to see you back!
