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.
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.
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.
- 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)
