SarahDepari: EverID

EverID

universal identity platform and exchange to prove identity

Best regards to blogger loyal friends, Hello in my article this time I would like to introduce the ICO or EVERID project, thank you for taking the time to read this article

Good afternoon cryptomagnat! How do you protect your finances? Stay at home in an inaccessible and hidden place or in a bank account? The pin code of the plastic card and the card itself, I hope, keep it in a different place or remember it? Money when traveling with public transportation that you put in your pocket? In one way or another, you can say that you protect your own money. And what about cryptocurrency? At the beginning of its appearance, cyber theft from the owner’s virtual wallet is not uncommon, so for security reasons, it is necessary to introduce multi-level user identification. Such an approach is effective, but makes it difficult to access Internet purses, not only for attackers, but also for their owners.

EverID Decentralization Identity Platform

EverID has built a decentralized digital identity system to store and confirm user identity, documentation, and biometric data. This platform is available for all humans from birth to death. This does not require mobile devices to join, is encrypted to protect user privacy, and can be operated with other systems. Institutions, companies and government organizations can be effective, inexpensive

and quickly validate user identity, on a large scale. Value can then be transferred safely to the correct recipient by reducing transaction costs, reducing losses due to leakage, and innovation in services and transfer of value.

EverID is a product that interferes with existing prototypes, a highly experienced team, and works with the major Bretton Woods4 banking institutions and the United Nations Agency. This is building the biggest single opportunity to expand financial inclusion between.

Open opportunities with identity

More than one billion people in the world today do not have identities that can be verified. 2.6 billion people live without bank accounts, and nearly 5 billion do not have access to smart phones. The combination of these factors prevents investment, companies and institutional development in emerging markets. A lack of verifiable identities also prevents individuals from accessing the global economy. It leaves nearly half the population unable to realize their full economic potential and is a major factor why 40% of the world currently represents only 20% of global GDP.

Empowerment through identity

EverID is a free platform of universal identity and value exchange that allows anyone to prove their identity, store value, and transfer funds. It uses biometric identities and enduring ledgers that allow unlimited value exchange between governments, banks, NGOs, insurance companies, hospitals and other organizations. This reduces fraud and leakage. It makes identity verification on a more cost-effective scale than before.

Users receive social and economic benefits from their digital identity. There are no tools needed to access this benefit. Inclusive and safe identity means unlimited transfer of value and access to global economic services such as banking, credit and insurance.

With the help of EverID technology, you can use:

Cash transfers – with identification of 100% of the sender and recipient;
Money transfers between accounts – banks will be able to quickly and easily do this service;
Microfinance – the provision of small amounts of money as loans;
ID verification – for example, to identify someone while providing medical care;
Personal data storage – for use in medical or public institutions;
Land management – their parameters, GPS coordinates and information about the owner, can be stored under system protection;
Insurance – all documents can be signed with a biometric signature for ease of operation and maintenance;
The main obstacles to modern human financial lines:
denial of banking services due to the impossibility of personal identification;
Rejection of medical and public services for the same reason;
lack of infrastructure for identification and banking;
EverID is the only free digital and biometric identification solution available to everyone in the world. The developers of this system decide that it will be based on the following principles:
You can connect it without a smart device;
users can manage their personal data;
Personal information will be provided consistently and selectively, which will provide better resistance to cyber attacks.
For system development, EverID, his team, to date, is preparing to release tokens and the ICO system to support it. A closed pre-sale start will take place in 10 days. Token rates will be announced.

Token ID

ID is a utility token that allows access to the EverID network and applications and services built on it. 800 million issued ID tokens will be purchased by banks, governments, NGOs, large organizations, and users (money senders) who want to access the EverID network. Institutions are given various levels of access to the platform based on how many tokens they hold when users will not be asked to hold an ID to receive a value.

The free digital identity of the device will empower nearly 5 billion people to become part of the global economy, thus facilitating external investment in emerging markets. Universal and inclusive identity will be a catalyst for trillions of dollars of transactions, transfer of value, and cost of identity verification.

Identity value