A non-profit foundation that sponsors a global
identity verification network for all humanity.
We are a non-profit foundation that oversees a global identity verification network based on the Principles of Identification for Sustainable Development Goals, protecting billions of users’ digital identities to expand access, user privacy, and fundamental rights to everyone.
All value exchange and economic activity, at its root, is based on trust. Historically humans have relied upon their standing in their community or relationship with institutions to confirm their identity in order to facilitate an economic exchange. There are still billions of people who lack the ability to prove they are who they say they are, and thus unable to exchange value beyond their small community. Of the 7+ billion people on Earth, over 1 billion lack legal identity, close to 1.5 billion lack a bank account, 4+ billion do not have smartphones or digital wallets, and thus are unable to participate in the 21st century digital economy.
17% are children under the age of 5
40% are children under the age of 18
78% live in Sub-Saharan Africa and Asia
36% of the population in low-income economies is estimated to lack an officially-recognized ID
The INF is a non-profit decentralized autonomous organization (DAO) dedicated to ensure a global identity creation and verification network is secure and available for all of humanity. Based on the Principles of Identity for Sustainable Development Goals, the INF keyholders and overseers.
The DAO is self-funding by smart contracts based on the transactions of identity verification. The infrastructure is donated by Everest, which runs the service to auto-fund the DAO. Since “identity” requires recourse (i.e. in case of catastrophic hack or a user’s loss of facial or other biometrics), there are keyholders that can come together to fix such issues, or release software that could jeopardize the security of the DAO. Critical to this governance is that not a single entity, including Everest, can open, change or alter any part of the DAO by itself.
Board of Directors and Governance: The INF’s Board of Directors are drawn from internationally and regionally recognized international organizations, NGOs, IGOs and philanthropic organizations in existence for at least 10 years with principles aligned with the Principles of Identity for SDG. Everest founders hold two keys. Minor changes & items require six votes, and Major changes & items requires a unanimous vote. As such, users are guaranteed, (via code, not law) that their identities are private, secure, and lasting forever.
Safeguard the independence, transparency, security, and longevity of the network so that it exists for humanity forever.
The Identity Network Foundation is self funding from the fees collected for identity verification. This is paid by our partner organizations, not the individual.
The INF is stewarded by a board made up of representatives from NGOs or IGOs with at least 10 years of economic and social development work.
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