Hello my friends, as you know as customary I brings to your notice the best of block chain technology project platform, today I am bringing to your notice the incipient decentralized digital network identity system platform ken as EVER ID.
What trigger the engenderment of this platform?
As we all ken that Identity verification is an impediment to magnification in emerging markets as it obviates people from accessing formal economic accommodations, such as banking, indemnification, 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 perpetuates to digitize, it will not just be the ‘unbanked’ and ‘unverified’ that struggle to join economic systems. A contrivance-free, macrocosmically accessible, digital identity provides the opportunity for the entire world to join the ecumenical economy.
What is EVER ID all about?
Everid is a decentralized digital identity system utilizing block chain technology to store and corroborate utilizer identity data, documentation, and biometrics. The platforms accommodates as a secret to vital statistics such as demography and life table of an individual. They do not require a mobile contrivance to join is encrypted to bulwark users privacy and its interoperable with other systems. With the utilizations of this platform institutions, corporations and regime organizations can efficaciously, frugally and expeditiously validate utilizer identity at scale. This platform is one of the most immensely colossal single opportunity for expanding financial inclusion amongst merging markets and established financial institutions.
Ever ID is a utilizer centric, self-sovereign identity and value transfer solution predicated on block chain technology and the cryptographic under pinning’s of that system. The main reason of engendering this platform is to engender economic and gregarious value for individuals.
The main core smart contract of EVER ID
• EverID Creation and Management
• EverID Validation
• EverID Transaction
• EverID Remote Management
• Organizational EverID
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.
EVER ID TIMELINE
THE brain behind the success of Everid , this expertise is made up of an Experienced team with multiple successful IPO’S, acquisitions and startup blockchain project. I called them The TEAM EVEREST.
CONCLUSIVELY, Everest is gaining traction around the world. Catch up with the story so far
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Authored By SOLOMON3158