Quote from: cmdr1 on September 02, 2018, 05:53:11 PM

Quote from: MaZeeCM on September 02, 2018, 05:51:28 PM

Quote from: Parson_John on September 02, 2018, 05:41:40 PM

Greetings,
An interesting idea, just wonder how do you differentiate from other existing payment systems and how would you ensure that there will be a big enough adoption of your system in order to make it sustainable in the long run?

Everest utilizes biometric identity and an immutable ledger that allows the seamless exchange of value between governments, banks, NGOs, insurance companies, hospitals, and other organizations. It reduces fraud and leakage. It makes identity verification at scale more cost-effective than ever before.

Users receive social and economic benefits from their digital identity. No device is needed to access these benefits. An inclusive and secure identity means seamless value transfer and access to global economic services such as banking, credit, and insurance.

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.
Micro-insurance: collect documents, biometrically sign contracts to serve billions of users with or without devices.
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.
ID verification: verify identities for value exchange with integrated KYC/AML

will government officials recognize it as official? do you have an agreement with them?

I'm afraid we're unable to answer that question, this early in the development of our project. More information will be announced as the core team sees fit