(ICO) EverID - Unlocking opportunity with identity!
Hello dear bloggers, cryptocurrency fans and investors. Today I will tell you about the project EverID. I really liked this project and the ideas of the team 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.
Digital Identity on the blockchain is a gateway to all other use cases... - Asian Development Bank
The inability to prove identity is the single most significant barrier to economic inclusion. Banks, governments, NGOs, hospitals, businesses & users require ID verification, a wallet, and transaction system to exchange value.
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
Problems of our time:
Unbanked
Without verifiable identity, individuals are unable to access banking to receive value or credit, preventing economic development.
Unverified
The inability to prove identity impredes access to basic human rights such as healthcare and education for over a billion people.
Unrealized
Lack of infrastructure surrounding identity and value transfer means major institutions are unable to develop in emerging markets.
How EverID removes the barriers
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.
The principles of EverID:
All individuals can be included without a smart device.
The individual will own and control their identity.
Identity information will be shared selectively and be resilient against attack.
Sustainable Development
The EverID project has been created with two clear divisions. This is in order to safeguard all user identity data and keep user access free and ongoing, forever.
 The Identity Network Foundation
The Identity Network (IN) is a non-profit, stewarded identity and value transfer network for the common good of the planet. The individual’s information cannot be recorded, transferred or used in any manner without their direct consent.
 EverID: Decentralized Identity Platform
The EverID DApp is a mobile Decentralized Application which gives the user the ability to record, update, store, and transfer value. Peer-to-peer agents will be able to provide access via biometric verification.
The ID token and the Identity Network ecosystem
IDs are a utility token enabling access to the Identity Network and every exchange of value in the economy.
Receiving payments is always free within the system, but users need to stake 1-100 IDs in their wallet if they want to send payments.
Like within all large systems, the higher levels of data, complexity, visibility and targeting require a larger stake, up to 250,000 IDs.
Institutions need to stake varying amounts of IDs to gain tiered levels of access and additional IDs for market-specific applications.
Road map
2016 May - EverID Concept
2016 June - EverID Founded
2017 June - Development of Proof of Concept starts
2018
January - Exits stealth mode demonstrates Proof of Concept
March - Participated in UN Agency's accelerator program
July - Whitepaper published, project announced
August - Presale and testnet live (token, ID+Wallet DApp, blockchain) - PC
September - Identity Network foundation (INF) target completion
October - EverID 1.0 goes live (token, ID+ Wallet DApp, blockchain, admin console, and API)
2019
January - EverID 2.0 (multi-currency wallet, API integrations)
April - EverID 3.0 (blockchain speed enhancements, and biometric enhancements)
September - EverID 4.0 (blockchain speed enhancements and smart contract infrastructure available to partners)
2020 September - EverID 5.0 (money transfer & banking licenses, and SDK available)
Financial Partners:
Operational and Humanitarian Partners:
References
The main links and contacts of the project are here:

Author           : Raditya119

Address         : 0xb05e97cCA79F2562D2874c2E4E88EDD73C5eeD33

Profill Link     : https://bitcointalk.org/index.php?action=profile;u=1840762

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