EVERID-Unlocking Opportunities With Identity

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About Everid

Of the 7+ billion people on Earth, more than 1.1 billion still have no legal identity, 1.5 billion can not prove their identity, nearly 1.7 billion without bank accounts, and 5 billion have no smartphones or access to digital wallet. .
Identity verification is an obstacle to growth in emerging markets because 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 thus hampers economic development at the institutional level.
As the mainstream economy continues to digitize, it not only becomes ‘no bank account’ and ‘unverified’ struggling to join the economic system. Digital identities that are device-free and universally accessible provide opportunities for the whole world to join the global economy.

this is the Decentralized 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. It does not require a mobile device to join, encrypted to protect user privacy, and can be operated with other systems. Institutions, companies and government organizations can be effective, inexpensive

and quickly validate the identity of users, on a large scale. Values can then be safely transferred to the correct recipients by reducing transaction costs, reducing losses due to leakage, and innovation in service and value transfer.

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. It is building the largest single opportunity to expand financial inclusion in between.

Opening 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 identity also prevents individuals from accessing the global economy. It leaves nearly half the population who can not realize their full economic potential and is a major factor why 40% of the world today represents only 20% of global GDP.

Empowerment through identity

EverID is a universal identity platform and value-free exchange device that allows anyone to prove their identity, store value, and transfer funds. It uses biometric identities and a lasting ledger that enables the seamless exchange of values 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 the social and economic benefits of their digital identities. No device is required to access this benefit. An inclusive and secure identity means unlimited transfer of value and access to global economic services such as banking, credit and insurance.

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 different levels of access to the platform based on how many tokens they hold when the user will not be asked to hold the ID to receive the value.

Digital identity-free devices will empower nearly 5 billion people to be 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