Everest:SAFE AND RELIABLE

Everest - your personal data in reliable hands
Hello everyone, today I want to talk about a project like Everest. More than 7 billion people live on the earth, of which 1.1 billion is missing any form of legal identity, 1.5 billion can not confirm their identity, nearly 1.7 billion people do not have a bank account and 5 billion people do not have a smartphone or access to digital wallets.
Proof of identity is a hindrance to growth in emerging markets, as this 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, thereby following economic development at the institutional level.
Everest has built a decentralized platform, which consists of three components:
1. EverID. This is a digital biometric identity system designed to make purchases and confirm the identity of the user.
2. EverWallet. This is a digital, multi-currency wallet, as well as a place for storing documents.
3. EverChain. This is a transaction system based on the blockbuster.
This platform is available to all people, from birth to death. People do not need to have a mobile phone to connect to the platform, it is encrypted to protect their personal data. The current process of verification of identity includes data storage, document verification and conditional access. At the moment, institutions such as the government, banks and hospitals can confirm a limited number of people.
EverID makes the verification process fast and cheap, one verification will cost a couple of cents and EverChain can handle billions of transactions a month. The decentralized architecture of the platform provides ownership of personal data and a high level of protection in comparison with centralized databases.
According to statistics, 6.6 trillion dollars was lost due to fraud and diversion in developed countries for the period 2003-2012. The project Everest, using its developments, is able to reduce fraud and information leakage.
The Everest project, using EverID, has created a universal, digital identity that will increase the number of people on the global market. The identity network will be autonomous, decentralized. All information of each person will be stored in the identity network. This includes any legal identity documents, which include national ID cards, driver's license, passport, etc. They will be encrypted. Only a person will decide how to manage their data, with whom they share. This action will be carried out by smart contracts through a transaction.
Below are the principles that guided the project:
· All people should be included in the database.
· If people do not have access to technology, they should be able to participate.
· All information about the person will be saved and protected in the best way.
· Each user will have the opportunity to manage their identity.
· Each user decides who to share personal information with.
A few words about the token. This project will have two types of tokens, ID and CRDT tokens. ID token created for sale. CRDT will use within the system, to confirm identity and other services. The maximum number of tokens released is 800 billion. 24.5% of all ID tokens will be reserved by the project.
Finally I want to highlight the main points that I liked:
1. Scale. This project will help with the identity of more than one billion people.
2. The price. The price of confirming the identity is only a couple of cents.
3. Block technology. The use of decentralized blocking technology is a big plus, since there is no control apparatus.
4. Security. All personal data of each person will be securely encrypted.
5. Data management. Only you decide who to give your personal information.
References:
Website: https://everest.org/
Whitepaper: https://everest.org/wp-content/uploads/2018/08/Everest_whitepaper.pdf
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=4756978
Twitter: https://twitter.com/everestdotorg
Medium: https://medium.com/@EverestDotOrg
Telegram: https://t.me/Everestdotorg
Reddit: https://www.reddit.com/r/EverestDotOrg/

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