Org | Common People |
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ID2020 Summit 2018 | Bob Reid |
Financial Technologies Elevating Humanity Everest is a decentralized platform 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 for a new economy. Everest Use Cases Cash Transfer: 100% validation of money sent to biometrically verified users Cross Border: Easy, cost-effective way to send money across borders Micro-finance: Full solution to lend money to the billions of people and SMEs ID verification: Verify users through biometrics, government IDs and third party attestations Medical records: Manage documents hosted in the cloud or device, track healthcare for all Land: Combine titles, GPS coordinates, and identities to bank and secure land Micro-insurance: Collect documents, biometrically sign contracts to serve billions of users with or without devices How Everest removes the barriers Everest is the world’s only device-free globally accessible, digital transaction protocol with built-in identity. Through the use of digital identities, electronic 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 Everest reduces leakage, fraud, friction, and data access costs with a transparent transaction record and verifiable identity. Total financial inclusion Creating global access to existing financial services unlocks the $20 trillion economy of emerging markets. Individual empowerment Everest enables users to be in total control of their data and provides access to formal economic systems. Institutional efficiency Reduced transfer and data storage fees will allow institutional growth in emerging nations. Economic growth The deviceless nature of the platform will empower half of the world's population with new economic opportunities.
Org | Common People |
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ID2020 Summit 2018 | Bob Reid |