Everid - Unlocking Opportunity With Identity

Everid - Unlocking Opportunity With Identity | Ecency

About EverID

EverID is a decentralized platform for a new economy, incorporating a massively scalable payment solution with a multi-currency wallet and digital + biometric identity. Through the use of digital identities, digital wallets, document management, and biometrics, users will be able to digitally verify their identity for public services and claim their social and economic rights. Device-free identity verification: Peer-to-peer registration using biometric data allows anyone, anywhere to enroll in the platform, without the need for a device. Seamless value transfer: By verifying identity with 100% accuracy EverID reduces leakage, fraud, friction, verification, and data access costs.

EverID’s Decentralized Identity Platform

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 institution and UN Agencies. It is building the biggest single opportunity for expanding financial inclusion amongst emerging markets and established financial institutions.

EverID use cases

Cash Transfer: 100% validation of money sent to biometrically verified users

Remittance: Easy, cost-effective way for banks to offer money transfer services

Micro-finance: Full solution to lend money to the billions of people and SMEs

ID verification: Verify users through biometrics, government IDs and third-party attestations

Medical records: Manage documents hosted in the cloud or device, track healthcare for all

Land: Combine titles, GPS coordinates, and identities to bank and secure land

Micro-insurance: Collect documents, biometrically sign contracts to serve billions of users with or without devices

Economic and social role of EverID

EverID is the world’s only device-free, globally accessible, digital identity platform. Through the use of digital identities, digital wallets, document management, and biometrics, users will be able to digitally verify their identity for public services and claim their social and economic rights.

Device-free identity verification Peer-to-peer registration using biometric data allows anyone, anywhere to enroll in the platform, without the need for a device.

Seamless value transfer By verifying identity with 100% accuracy EverID reduces leakage, fraud, friction, verification, and data access costs.

Total financial inclusion Creating global access to existing financial services unlocks the $20 trillion-dollar economy of emerging markets.

Individual empowerment EverID enable users to be in total control of their data and provides access to formal economic systems.

Institutional efficiency Reduced transfer and data storage fees will allow institutional growth in emerging nations.

Economic growth Deviceless identity verification will empower over 4 billion people and create a $40 trillion economic opportunity.