Everest - decentralized platform for biometric identification

in #blockchain6 years ago (edited)

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Security is one of the most important requirements in the modern world in any field. The epoch of digitization dawned on us and created a lot of innovative applications. We generate a lot of data every day, it can be any information, for example as a budget plan, which we must adhere to next week. The data, as can be seen, can be either significant or insignificant. Large enterprises generate huge data every day and must store information for future use. Saved data should also be well protected and free from external access, as data leakage results in huge losses.

Regardless of the storage medium used, each firm uses a password that protects the stored data. A password is a magic keyword that leads you to a hidden treasure, but it must ensure that treasures remain safe. Each person can create a unique password that, in his opinion, will serve the purpose of ensuring the authenticity of valuable data, but many passwords are considered to be the same or common. This drawback leads to illegal access to confidential data, destroying the very purpose of passwords.

Everest is the only digital transaction protocol with built-in identification available worldwide. Through the use of digital identifiers, digital wallets, document management, and biometrics, users can digitally verify their identity for public services and claim their social and economic rights.

The main activity of Everest is the creation of economic and social value. Institutions, corporations, and government organizations can effectively, cheaply and quickly verify the identity of the user, on a scale. The value can be transferred reliably, to the right recipient, with reduced operating costs, lower leakage losses, and innovation in service and value transfer. Everest makes it easy for users to be verified, which occurs without the participation of third parties and allows the safe transfer of values between members of the system.

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Why use Everest?

  • Online translations - Full and guaranteed validation of funds sent to trusted and trusted users.
  • Online transfer using the card - A fast and comfortable way for banking systems to offer a service to its depositors in the form of money transfer.
  • Microfinance organizations - A global solution that allows you to quickly and conveniently execute micro-loans for a huge number of users.
  • Identity verification - A thorough verification system for each user to ensure maximum security by applying biometric and other verification methods.
  • Online medical cards - The platform provides the ability to manage, monitor and archive all of your medical data, to track the necessary assistance to the client.
  • Archive of cadastral sites - The platform allows you to combine all the data - location, size, the identification number of the site so that you can send data to the required public service and fix the site to the owner.
  • Insurance - Collection and signing of documents, biometric data for fast service and provision of customer insurance.

What problems does EVEREST solve?

  1. Without checking the identity of the customer, banks can not currently give you access to your accounts and receive a loan. A complex and unorganized system of customer verification impedes the development of the economy as a whole.
  2. The inability to prove one's identity is becoming a major obstacle to ensuring real human rights, in the healthcare or education system.
  3. Large institutions bear huge losses and cannot develop at full strength, as at the moment there is no coherent and controlled infrastructure responsible for identifying the user.

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Main tasks and objectives of the project

The project is based on four basic principles of work. Everything is directed and serves to provide and reliably protect the user's personal data while retaining free access for the user to his account.

→ Identity Network
It's a controlled and controlling system for identifying a user and storing important information for the benefit of all mankind. Any information about a person cannot be recorded, transferred or used by a third party, without the consent of the owner of the information.

→ EverID
A well-thought-out and automated application for your gadgets. It allows customers the ability to record, store, find or update any necessary data.

→ EverWallet
The unique internal purse of the platform will be available for project partners.

→ EverChain
This is the main technology base that records all transactions conducted on the Everest system. Beginning with simple exchange operations before document exchange, this system records all executed transactions in the blockchain of the chain Ethereum.

→ Identity Network (IN)
Identity Network is a non-profit, managed network of identification and transfer of values for the common good of the planet. The information of an individual cannot be recorded, transmitted or used in any way without their express consent.

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EverID uses biometrics, or specific unique physical or behavioral characteristics of individuals, to identify users. Biometric capture capabilities that have been added to mobile phones and these opportunities have evolved over time. Everest will continue to include biometric sources in EverID, as they will become commercially available on new devices. The biometric patterns of the user will be updated over time, like frequency rules, biometric types of samples, and changing system requirements. Currently, EverID uses face and fingerprints to scan, both actions achieve very high accuracy. EverID achieves a higher level of security than most on the market. In the future EverID will increase biometric success, Everest will include additional sources of Into EverID biometrics, including irises, pulse, voice, and DNA.

Everest created EverID, the newest identity system, which is designed to overcome digital and physical worlds through an individual biometric identity. Each individual person and each operation is recorded in a transparent, secure system of blockages. EverID allows people to control their identity information, how this identity information is used, and who uses it.

Roadmap


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Conclusion

It's necessary to recognize, the project while is at the earliest stage of the formation, so it is difficult to give an unequivocal estimation, whether it will turn out at the team to realize the conceived. But what can be accurately noted right now - a strong base, already there are some quite workable developments in biometric identification.

For more information about the project and the opportunities to participate, go to the links below:

Website: https://everest.org/
Presentation: https://goo.gl/19Ptti
Whitepaper: https://goo.gl/7wDEVJ
Telegram: https://t.me/EverID
Twitter: https://twitter.com/everestdotorg
Medium: https://medium.com/@EverestDotOrg
Linkedin: https://www.linkedin.com/company/everestdotorg/
Facebook: https://www.facebook.com/Everestdotorg
Reddit: https://www.reddit.com/r/EverestDotOrg/
Github: https://github.com/everid/
Bitcointalk: https://bitcointalk.org/index.php?topic=4756978
Youtube: https://youtube.com/channel/UC5vwoQJ9R8WrGiI8TUkZ3sA

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@vital-bd Thank you for the wonderful review, now I will be a regular reader of your blog! I hope for reciprocity. We are waiting for the results of the collection. I will most likely participate in the ICO, great hopes that something will come out of the project.

I really liked the review of your ICO, the project really has an interesting idea! I subscribed to your blog.

Name of the project is very strong. Already attracted at least for this! Thanks to the author for this nice article.

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