This post was originally produced for Forbes.
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Everest, a blockchain startup that began generating revenue in 2017 and now has 12 employees, is working to provide people in the developing world with a blockchain identity that will connect everyone to the 21st-century economy.
Founder Bob Reid, 48, says, “Everest gives the average person the ability to prove who they are, exchange value with another individual or institution, and utilize technology provided by an organization, facility, or agent army.”
There are two social issues the team hopes to address with their technology, he says.
Human Trafficking: By creating an identity utility for humanity, Everest aims to combat human trafficking by supplying a simple means for parents to enroll their children, then, in the case something bad happens, the parent has the ability to flag their children as “missing.” Further, by providing a simple mobile phone app, first r…