Everest ICO Review 01: Introduction

channaj (39)in #economy • 6 years ago (edited)

The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.

As we continue to progress into the future, we move more and more into a digital age, an era where everything will soon be done by just the push of a button or simply by our voice/ means of interaction.

Today, over the 7 billion number of people estimated to be in the planet, at least 20% of that population has not a valid means of identification which means they are practically cut of from society and the world economy at large. Without an ID in this digitize age, one wouldn’t be able to own a bank account, visit the hospital and more short comings will be experienced from its lack/absence.

EVEREST has seen the bitter truth in this era, and they intend to create the needed solution for a new economy.

Hello my dear readers now I am going to introduce you the project called Everest. It offers you an overview of a very promising and having all the changes to bring a quick profit project.

What is Everest?

Everest is a decentralized platform for a new economy. Incorporating a massively scalable payment solution, EverChain, with a multi-currency wallet, EverWallet, and a native biometric identity system, EverID, Everest delivers a complete solution.

ARCHITECTURE

Everest is a for-profit organization that will fund the non-profit Identity Network (IN) foundation. The IN foundation is designed to ensure transparency, neutrality, security and longevity of the Identity Network.

This economic model will sustain this organization by earning market rates for identity verification from organizations such as government institutions and commercial organizations. The IN foundation will have an independent board of directors, drawn from internationally and regionally recognized global organizations, NGOs, IGOs, and philanthropic organizations that share the same principles surrounding the right of identity as Everest.

Everest Platform

Everest combines EverID, a user-centric self-sovereign identity solution, with EverWallet, a value transfer and document storage solution, which are based on blockchain technology and the cryptographic underpinnings of that system. The core focus of the Everest operating company is to create economic and social value .

Institutions, corporations, and government organizations can effectively, cheaply and quickly validate user identity, at scale. Value can then be transferred securely, to the correct recipient, with reduced transaction costs, lower losses from leakage, as well as innovations in service and value transfer. Everest facilitates verification of users by multiple third-parties and allows the secure transfer of value between members of the system.

Identity Network

Everest will fund the non-profit Identity Network foundation that will oversee elements of the shared systems in the Everest Supernodes. If $10M USD is raised from the initial token sale then 5% will be allocated to establish the Identity Network foundation and for every USD$ 1.00 above $10M, 2% will be allocated to the Identity Network foundation.

The governance of the Identity Network foundation will be to safeguard the independence, and transparency of the network so that it exists for humanity forever. Everest will donate a percentage of capital raise per the above, plus a percentage of identity verification earnings on an on-going basis, thus creating a self-funding, autonomous network.

Road map

Team

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.

Partners

So join as-soon-as-possible.

So I welcome you all, to visit the following links to get more information about the project and I have 100% confidence that this will be a very good project to make your investment to gain a considerable amount of gain for the investment.