Meteor Games: EVERID Token Review

INVEST NOW at https://everid.net/

EverID: The Decentralized Identity Opportunity

a. Personal Empowerment

EverID has created a universal digital Identity Network that will elevate all of humanity into the global market, thereby providing access to a robust set of services in order to enhance livelihoods and promote economic development. The Identity Network will be an autonomous, non-capturable, decentralized network, owned by no one, functioning in perpetuity and embodying the Principles of Identification for Sustainable Development Goals (SDGs)6 in its software. It gives individuals the tools to manage and protect their own identity data through a decentralized identity platform and a value transfer solution based on blockchain technology.

b. Institutional Investment

EverID and the ability to remotely verify identity, at scale, enables institutional investment in the $20 trillion-dollar economy of countries in emerging markets. The advances made possible through economic inclusion means this economy will be transformed into a $40+ trillion opportunity when identity is fixed and true value transfer is made possible. EverID makes user validation faster and more cost-effective than ever before. The EverID Identity Network will be continually funded in order to exist and will provide identity verification services to users indefinitely. The internal governance of the foundation is constructed to provide a clear, standard operating procedure and a mechanism to perpetuate, operate, govern, and evolve to remain relevant and secure

EverID Principles:

The principles guiding the technical and governance design of EverID reflect the Principles for Identification for Sustainable Development, as set out by the World Bank. These principles are: that privacy is a human right and that individuals should have control over and effectively own their own database of identity elements, including their biometrics. Information should only be shared with the express consent of the user and there should be recourse if a user’s rights are violated.

EverID operates under the following unanimous, unchanging beliefs and principles about identity information:

· All individuals should be included
· If an individual does not have access to technology, they should still be able to participate
· The system should be available forever
· All individuals should be specifically identifiable
· All information about an individual should be stored in the most secure manner possible
· The individual should possess and control their identity
· The individual should be able to selectively share their identity information per interaction
· The individual’s information should not be owned or controlled by anyone other than the user
· The system should be resilient against attack
· The system should be able to bridge to other systems

Project Architecture:

a. EverID Network

EverID is a user-centric, self-sovereign identity and value transfer solution based on blockchain technology and the cryptographic underpinnings of that system. The core focus of the EverID 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. EverID facilitates verification of users by multiple third-parties and allows the secure transfer of value between members of the system.

b. Identity Network

EverID will fund the non-profit Identity Network foundation that will oversee elements of the shared systems in the EverID 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. EverID 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.

Blockchain Technology:

b. EverID Technology Stack

c. Architecture Diagram

d. Biometrics

EverID uses biometry, or the specific unique physical or behavioral characteristics of individuals, to identify users. Biometric capture capabilities have been added to mobile phones, and those capabilities have evolved over time. EverID will continue to include sources of biometry as they become commercially available in new devices. The user’s biometric samples will be refreshed over time as frequency rules, biometric sample types, and system requirements change. Currently, EverID leverages both facial and fingerprint scanning, both of which achieve very high accuracy and are sourced from industry leaders that regularly supply such services to banks, nations and large organizations. By including two sources of biometry, EverID achieves a higher level of security than most in the market. As biometric advances are made, EverID will incorporate additional sources of biometry, including iris, pulse, voice, and DNA. Each biometric lock is accompanied by a user knowledge proof to ensure user consent to the transaction.

e. EverID Datagram

The EverID Datagram is the proprietary storage file of the user’s identity information. The EverID Datagram is resident on the user’s mobile device and in the EverID Supernode. Any updates to the Datagram are mirrored/ synchronized with the other copies of that individual’s Datagram on their devices or in the EverID Supernode as soon as the devices come online. An EverID DApp, Agent DApp, or EverID-enabled device can create an EverID Datagram. However, external access to the EverID Datagram is only possible through the EverID API.

EverID Datagram:

• Layers of the onion nested dataset requiring individual locks to access components.

• The individual components are only queried when the transaction requires it - getting reward points for a movie ticket does not require anything other than the user’s public key to validate enrollment in program, however, a user may need to scan their biometrics to check into a medical office.

• For SDK transactions, the majority of the time the individual’s Biometric Token Array and Demographic Data will be the only pieces of the EverID Datagram queried.

• Enables the individual who owns technology to have and control their data on their devices and on SDK-enabled device, as well as archived on the EverID blockchain.

f. EverID DApps

The EverID DApp and EverID Agent DApp are both based upon code commonly used to create cryptocurrency wallets for the Ethereum blockchain. Users with their own technology will use the EverID DApp to self-enroll, store and control their EverID directly. The EverID Datagram will be stored locally, with a backup copy in the EverID Supernode IPFS storage array. For those individuals who do not own their own technology, they can become enrolled into EverID by an agent who has a device running the EverID Agent DApp. The user inputs all of the same information as if they were self-enrolling on the EverID DApp, however, they have the assistance of the agent to help them with the scanning and data entry, thus solving technological familiarity and illiteracy challenges. The agent will also teach them how to use their EverID. EverID agents are compensated per-transaction for both validated new enrollments, and the ongoing validations against those individuals enrolled.

g. EverID Application Programming Interface (API)

Through the EverID API and SDK, the EverID system can integrate with other applications and devices not directly addressed by EverID’s product offering. Hosted in the EverID Supernode is a server instance hosting a RESTful API to the EverID distributed computer. The EverID Client API is a RESTful interface for building client applications. The capabilities of the API include the following:

• Search for EverID

• Validate, and retrieve EverID

• Create, retrieve, update, and close transactions

h. EverID Core Smart-contracts

Using the Solidity smart-contract framework for Ethereum blockchains, EverID is built on top of five main core smart-contracts:

• EverID Creation and Management

• EverID Validation

• EverID Transaction

• EverID Remote Management

• Organizational EverID

i. Ethereum Private Blockchain

The EverID decentralized identity platform and associated transaction record are both captured and stored in a set of private instances of the Ethereum blockchain. The Ethereum blockchain is an evolution of the shared ledger system underneath the bitcoin cryptocurrency.

j. EverID Supernodes

k. Portals

To enable the control of the EverID platform and allow for access to specific services, three portals will be operated in the EverID Supernode: API Management Portal, Individual Management Portal, and Agent Management Portal. The API Management Portal enables EverID to issue SDK License Keys and API License Keys to participating organizations. It also enables the sharing of development resources to implement EverID into software applications or embedded devices. The Individual Management Portal enables EverID users to access the Bridge System to recover their EverID, in the case of disaster or accident.

l. Bridge System

The bridge system is a special authentication system which, through a series of challenges and biometric checks, ensures that an individual is the owner of their EverID and should be allowed access to save their EverID to a new EverID DApp instance. This is similar in concept to a “restore from backup” service

m. Conduit System

Through the conduit system, disparate sources of information can be integrated into the EverID Platform’s userspace: allowing individuals to incorporate data from existing systems into their personal EverID. Examples of this inbound information would be national identity registers, healthcare systems, online services, refugee databases, etc.

Token Economy:

By building an identity ecosystem that leverages the power, transparency and security of the blockchain, EverID enables value exchange for the previously disenfranchised at a global scale. This system will reshape over 20% of the global economy. To enable this, EverID utilizes both a utility token, the ID, and a credit or currency, the CRDT. The ID represents the value of the economy and will be offered for sale. The CRDT, or credit, is the native currency that Users and Institutions use to verify identities and exchange value through all the interactions in an economy

a. ID Token

IDs are a utility token enabling access to the network and a myriad of applications and services that are the conduit for every exchange of value in the economy. Varying levels of access to network resources are distributed to the holders of the ID Tokens. For example, institutions need to stake varying large amounts of IDs to gain tiered levels of access for a limited amount of time (i.e. SDK, API, etc.). They will also be required to hold additional amounts of IDs for functions like market-specific applications (medical records, land title, voting eligibility), aggregated data, anonymous geographic market research, credit scores, smart contract functionality beyond simple cash transfer, etc.

b. CRDT Token

By selling ID Tokens, EverID will raise capital to establish a CRDT-based economy. The CRDT — the stable currency of the EverID ecosystem — will be used as a digital credit or currency that allows institutions and end-users to purchase services and applications on the Identity Network and the aforementioned applications. CRDTs will be spent to interact with an individual’s identity, similarly to the way Ethers (ETH) are spent to acquire collective computing on the Ethereum blockchain. Basic operations on the EverID platform will require the spending of CRDTs and the holding of ID Tokens, thus contributing to its value. CRDTs will be held in EverID DApps, in EverID Agent DApps, or in the EverID account. ID Tokens will be held in EverID DApps, in EverID Agent DApps, in the EverID account, or in a compliant Ethereum wallet.

Roadmap and Traction:

EverID use cases

Cash Transfer:

100% validation of money sent to biometrically verified users

Remittance:

Easy, cost-effective way for banks to offer money transfer services

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

So join now and invest at https://everid.net/

Source- https://everid.net/

MORE INFORMATION :

Website : https://everid.net/

Whitepaper : https://everid.net/wp-content/uploads/2018/07/ever_id_whitepaper-1.pdf

Twitter : https://twitter.com/@_EverID_

Facebook :

Telegram : https://t.me/EverID

Reddit : https://www.reddit.com/r/EverID/

Bounty Bitcointalk : https://bitcointalk.org/index.php?topic=4782378