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Everest
Everest is a profit organization that funds the non-profit Identity Network (IN) foundation. The IN foundation is designed to ensure transparency, neutrality, security, and longevity of the Identity Network (user's identity data storage).[1]
Overview
The Everest infrastructure is operated on a series of supernodes in the Internet network. These supernodes are the host of the centralized services used for the coordination of the Everest platform.[2]
These centralization services include private Ethereum blockchains, the IPFS storage array for per-user storage, the Bridge Service to allow individuals to transfer their data from blockchain to Everest App instance, the Conduit System to integrate other systems and data, and the API Server to enable transactions from API and SDK-enabled devices.[3]
- Everest Economy
The Everest platform leverages the power, transparency, and security of the blockchain to deliver a new economic model. Institutions who want to address the communities in developing and frontier markets need a toolset like those provided by EverID, EverWallet, and EverChain - verifiable identity, value storage, and transfer, and transparent accounting.[2]
- ID Token
ID is a virtual financial asset 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 granted 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.).[3]
Everest platform
Everest combines EverID, a user-centric self-sovereign identity solution, with Ever-Wallet, a value transfer and document storage solution, and EverChain, a robust transaction system to create and record all system transactions.
This product suite is 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. Everest facilitates verification of users by multiple third-parties and allows the secure transfer of value between members of the system. [1][3]
ID Technology
The Everest infrastructure is operated on a series of supernodes in the network. These supernodes are the host of the blockchains. They also can host the per-user IPFS storage locations, the Conduit System to integrate other systems and data, the Bridge Service to allow individuals to transfer their data to an Everest app and the API Server to enable transactions from SDK-enabled devices.
The Everest App and Everest Agent App are both based upon a cryptocurrency wallet for the Ethereum blockchain. The Apps in the Everest system are also secured with the user’s biometrics and a password/PIN, as is the Bridge Service. [2]
The Everest API and SDK are secured by a per-partner Application programming interface key and per-partner SDK implementation key. These two keys are enrolled in the Everest system. The SDK requires that the SDK implementation key is embedded in the software of the Public Access Device (PAD), however, the API key can be refreshed, enabling the prevention of key hijack compromising the system.
Everest Application Programming Interface (API)
Through the Everest API and SDK, the Everest System can integrate with other applications and devices not directly addressed by Everest’s product offering. Hosted in the Everest Supernode is a server instance hosting a RESTful API to the Everest distributed computer
The Everest Client API is a RESTful interface for building client applications. The capabilities of the API include the following:
- Search for EverID
- Validate and retrive EverID
- Create, retrieve, update, and close transactions in EverWallet The Everest API and SDK are secured by a per-implementation API key and per-partner SDK key[2]
Everest Core Smart Contract
Using the Solidity smart-contract framework for Ethereum (ETH) blockchains, Everest is built on top of five main core smart-contracts:
- EverID Creation and Management
The smart contract used to create and evolve an EverID on the platform. This smart contract requires the user’s public key, user’s EverID datagram, the user’s UserName, the user’s password, and the user’s PIN.
- EverID Validation
The smart contract used to validate EverIDs. Validation requests can come from the Everest App, Everest Agent App, or Everest API enabled app or device.
- EverChain Transaction
The smart contract used to track identity information use, document sharing and ongoing transactions against a user’s EverID or EverWallet.[1]
Everest
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Edited On
September 7, 2022
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REFERENCES
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