EverID ICO

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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.
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About Everid

Of the 7+ billion people on Earth, over 1.1 billion still lack any form of legal identity, 1.5 billion cannot prove their identity, close to 1.7 billion are without a bank account, and 5 billion do not have a smartphone or access to digital wallets.
Identity verification is an obstacle to growth in emerging markets as it prevents people from accessing formal economic services, such as banking, insurance, and lending. Ultimately, this significantly limits the number of people who can access the economy, and thereby stalls economic development at the institutional level.
As the mainstream economy continues to digitize, it will not just be the ‘unbanked’ and ‘unverified’ that struggle to join economic systems. A device-free, universally accessible, digital identity provides the opportunity for the entire world to join the global economy.
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Features

EverID is a decentralized identity registration & verification, including biometrics, existing government IDs and 3rd party attestations. 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. By verifying identity with 100% accuracy EverID reduces leakage, fraud, friction, verification, and data access costs. EverID enable users to be in total control of their data and provides access to formal economic systems. IDs are a utility token enabling access to the Identity Network and every exchange of value in the economy.

 

EverID and the Core Purpose

Not many people realize that their identity is important, especially in helping them reveal some of the important aspects in life, such as business, banking system, and also financial management. Without the identity, you won’t be able to get the banking service, for instance, or be able to take part in the business sector. Unfortunately, the matter of identity is often neglected and underestimated. Not many people would realize its importance until it is too late – or until bad things happening to them related to their identity.
With EverID, the platform is trying to solve those issues and integrate a better management related to the ID concern. Their basic principles are:
  • To create a platform where everyone can have a solid identity control, verification, and management without depending so much on their smart devices
  • Everyone should be able to have a full access and also control over their identity
  • Everyone has the freedom and also ability to share information about their identity – with whom they are willing to share it, for how long, how selective the process will be, and such thing alike.
  • Everyone can be sure that the information about their identification is completely safe – managed with the blockchain technology and other advanced technologies
  • All users will be able to confide their biometric identity data without having to worry about possible flaws, abuse, or misuse.
What makes this platform different from the others is the fact that blockchain technology is included within the system. When you add information and keep it, everything will be protected by the blockchain system. After all, it promotes an open and also transparent platform so there is nothing hidden or made secretive. Moreover, the benefits of joining EverID are:
  • You can enjoy the identity verification without depending on your device. The peer to peer system provides a flexible and free mechanism, depending on your needs.
  • You can benefit the value transfer with its seamless application. It is accurate with minimal possibility of fraud, friction, cost, and also leakage.
  • You are gaining a full control and smooth individual empowerment. It gives you access to the formal economic system

How to Use the ID Token

Along with the EverID creation and operation, you should expect the creation of the digital currency. For this platform, users will have to use the ID token – not only designed as the main currency within the platform but also as the features access for all of the activities. Users have the freedom to decide whether they want to use the token for transactions or they want to keep it as investments.
Make sure that you get the entire idea and concept of the platform, along with the token. If you want to learn more about EverID and its operation, you can always contact the customer support.

Milestones

1
May 2016
EverID Concept
2
June 2016
EverID Founded
3
June 2017
Development of Proof of Concept starts
4
January 2018
Exits stealth mode demonstrates Proof of Concept
5
March 2018
Participated in UN Agency's accelerator program
6
July 2018
Whitepaper published, project announced
7
August 2018
Presale and testnet live (token, ID+Wallet DApp, blockchain) - PC
8
September 2018
Identity Network foundation (INF) target completion
9
October 2018
EverID 1.0 goes live (token, ID+ Wallet DApp, blockchain, admin console, and API)
10
January 2019
EverID 2.0 (multi-currency wallet, API integrations)
11
April 2019
EverID 3.0 (blockchain speed enhancements, and biometric enhancements)
12
September 2019
EverID 4.0 (blockchain speed enhancements and smart contract infrastructure available to partners)
13
September 2020
EverID 5.0 (money transfer & banking licenses, and SDK available)
 

Team

Bob Reid

Co-Founder and CEO

Brad Witteman

Co-founder & CTO

Gautam Ramnath

Partnerships

Tyler Frost

Operations

Joseph Morris

Marketing

Amry Amanah

Engineering

Advisors

Aya Miyaguchi

Atsushi Taira

Toomas Hendrik

Chris Wilson

Virgil Griffith

Greg Horowitt

Alfred Watkins

Mike Kail

Jamal Khokhar

Jordan Greenhall

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