What is Everus Technologies?

Blockchain initiatives for real-world solutions.

Everus Technologies aims to lead the way, not just for real-world applications, but real-life solutions.

Everus Technologies is a blockchain technology company based in Malaysia that aims to pioneer the widespread adoption of blockchain worldwide. The world is continually shifting and the emergence of this technology opens up new avenues and methods of conducting operations. With a host of products tailored to offer world-changing solutions, we aim to provide a seamless experience and a positive transition for all.

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Why opt for blockchain?

In a world where information is disseminated in seconds, data must be verified and accurate. The decentralized nature of blockchain means that all data is verified in real-time, creating an intrinsic bond of trust.

Replicated across multiple nodes within the blockchain network, data is immutable and permanent, and will never be lost. Blockchain technology will also help to lower costs and reduce manpower.

WHAT WE HAVE

Products

Security, transparency and efficiency are hallmarks of blockchain technology, and Everus products aim to meet and exceed those values. As governments, financial institutions, securities commissions and other policy makers begin to see the benefits of blockchain, Everus seeks to bridge the consumer-regulator gap with solutions that manage and aid compliance.

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EVR

An ERC-20 token powered by the Ethereum blockchain infrastructure.

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EverMO

Online and offline merchant on-boarding platform bridging the gap between merchant and the customer.

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DataNoodle

Predictive analysis and outline user behavior analytics to better understand your target market.

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Yottahash

Cloud mining for all. Buy a rig and start earning cryptocurrency today!

Why Everus Technologies

Services

Efficiency is of paramount importance, with Everus solutions leveraging on blockchain technology to improve existing processes and services. Developing real-world initiatives that utilize blockchain technology and smart contracts, Everus aims to solve problems in areas such as disaster relief, governance, financial education, and many more.

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Education

Prioritizing consumer knowledge

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Finance

Keeping sensitive data secured

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Big Data

Real-time, precise results

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Healthcare

Using blockchain to improve efficiency within the system

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Telecommunication

Improving network reliability

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Retail

Keep track of all transactions via blockchain

Roadmap

The Timeline

With help from our teams, contributors and investors these are the milestones we are looking forward to achieve.

30th October 2017

Genesis and EVR launch

Completed

30th November 2017

Everus Mall

Now live

16th April 2018

Utility Services enabled on Blockchain

135 Countries | 550 Telcos | 100+ Utility services companies

Now live

16th April 2018

Utility Services enabled on Blockchain

135 Countries | 550 Telcos | 100+ Utility services companies

Now live

16th April 2018

Everus Mobile Wallet

Facial Recognition & Fingerprint Authentication

Now live

16th April 2018

Everus Mobile Wallet

Facial Recognition & Fingerprint Authentication

Now live

1st June 2018

Blockchain Commerce Ecosystem (Offline Merchant)

30th July 2018

Multi Currency Payment Gateway

30th October 2018

Crypto Debit Card

Subject to any applicable regulatory approval

30th November 2018

Peer-to-peer Microfinancing

30th January 2019

Proprietary Blockchain (BaaS) Platform

30th March 2019

AltCoin Automated Repositories (ALTARs)

Subject to any applicable regulatory approval

Leaders

Meet The Team


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Srinivas Oddati
Founder and CEO
 
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Ravi Kumar
VP - Strategic Partnerships
(USA & Canada)
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Ananga Sundari Ponniah
Head of Operations
 
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Myer Iyemman
Legal Counsel
 
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Rajesh Jannavarapu
Data Expert:
Digital and Cryptocurrency
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Mohammad Shazri
Big Data - Chief Analytics
 
 

Our Advisors


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Dato’ Sri S.K. Devamany
Deputy Minister, Prime Minister’s Department, Malaysia
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John T. Meyer
Founder of PayCaddy and Consultant WorldPay
 
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Sanjay Basu
Blockchain Product Manager Oracle
 
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Chris Schold
Senior Manager Channel Sales, Mitek Systems
 
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Tom Naramore
Chief Executive Officer (CEO)
A Better Process, Cyber Risk Assessment for the Financial Services Industry
 
 
 

MEDIA & RESOURCES

Industry updates, views, and analysis of the latest happenings in the world of blockchain.

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  • 2018-06-20 08:06:16

Malaysian blockchain company Everus has reached a landmark deal with North America’s largest payment processor and integrator service company, PayCaddie. Based out of California, PayCaddie services top leaders in the financial services industry to offer and collaborate in processing EVR acceptance services at retail locations throughout the United States of America. Currently PayCaddie services and supports major financial clients such as Bank of America, WorldPay, Wells Fargo, Chase, AdKiosks, Vantiv, First Data, Intel, Sizzle Networks, Microsoft, Fifth Third Bank, Discover Network and many more. This esteemed partnership with PayCaddie enables merchants to accept EVR payment as well as the ability for users to pay for goods and services directly from their EVR wallets, giving EVR increased usability, acceptance and demand value. The expansion into the USA is part of Everus’ ongoing plans to grow its brand, transactional value and presence globally. With offices in Malaysia, Singapore, India, Switzerland and the USA, Everus aims to tackle key markets one step at a time in this year. Everus has already begun expansion into the South Korean market, with an official launch event set to take place in Seoul later this year. Focusing on breaking into the American market, Everus targets to create a network of over 500,000 merchants and outlets that accept EVR as payment. This association with PayCaddie will enable Everus to create synergies and opportunities through PayCaddie‘s channels and partnerships. Both large and medium size businesses will switch to EVR acceptance from customers at several brick and mortar outlets, with the payment process made more convenient for both merchants and customers. “This partnership and deal is exciting and rewarding, laying the path for Everus’ plans to expand into the American market, and will give us unprecedented access, reach and exposure,” said Everus CEO, Srinivas Oddati. “We believe that this partnership will be an extremely fruitful one for both Everus and PayCaddie as we work to increase the awareness, acceptance, and usability of cryptocurrency especially EVR.” PayCaddie will be working to direct both online and offline merchants to Everus’ very own merchant onboarding system, EverMO. For online and ecommerce merchants, the Everus custom  payment API is designed to integrate with all open source ecommerce carts such as OpenCart, Drupal, WooCommerce and more. Offline merchants will also be able to utilize the payment API at the point-of-sale (POS), allowing customers to purchase goods and services in person as well. This covers the technology collaboration stack at all ends. The co-founder and president of PayCaddie LLC., John Meyer, boasts a stellar career in the world of financial services across his three decades of experience. Meyer is a well-known figure in the world of finance, and is recognized as an expert on payments, point-of-sale (POS) and mobile point-of-sale (mPOS). For enquiries, please feel free to email [email protected] For more info visit: www.everus.org Follow us on social media: Facebook: https://www.facebook.com/everusworld/ Twitter: https://twitter.com/everusworld Instagram: https://www.instagram.com/everusworld/ LinkedIn: https://www.linkedin.com/company/13359278/

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  • 2018-06-12 03:29:08

According to coin.dance there are currently no restrictions on bitcoin or other cryptocurrencies in 105 countries around the world. European regions have been some of the most progressive in the world, with cryptocurrencies not outlawed in many countries. Here is a quick look at the status of digital currencies in key European markets. European Union (EU) As of now, bitcoin is legal in the EU but there has been no legislation drafted or passed with regards to its status as a currency. However, VAT/GST is not applicable to conversions between fiat currency and cryptocurrencies. Belgium Currently, there is no indication that the government will take steps to regulate digital assets but the Special Tax Inspectorate has said that traders speculating on cryptocurrencies are expected to pay a 33% tax on any gains. However, these regulations have proven hard to implement as most trading takes place on foreign exchanges, on which Belgian authorities have no jurisdiction. As of now, Brussels has no comprehensive policy on cryptocurrencies. France Finance Minister Bruno Le Maire has indicated an interest to formulate and implement a legislative framework to allow ICOs to be conducted in France. However, no draft has been completed yet, but the government has since declared that the previous top tax rate of 60% on cryptocurrency trading profits would be reduced to a flat 19%. Germany Bitcoin is recognized as legal tender in the country, and is also exempted from taxes so long as it is used as a form of payment. In addition, there are no taxes levied on sales of cryptocurrencies if it was held for more than a year, making Germany the most unlikely of crypto tax havens! Italy Currently, the Italian Ministry of Economics is working on regulations that will attempt to classify usage of cryptocurrencies in the country. It also plans to compile a list of all service providers linked to cryptocurrencies. This is to ensure the country falls in line with anti-money laundering regulations established by the EU – an organization that Italy is a founding member of. Netherlands A recently concluded government study indicated that cryptocurrencies pose a low economic risk to the country’s financial status. Prepared by the Netherlands' Bureau for Economic Policy Analysis, the report also warned against harsh regulations that will stunt the growth of cryptocurrencies, arguing that it could see the rise of shadow banks. Portugal Tax authorities in Portugal have published a framework that outlines taxes on cryptocurrencies; profits gained from trading are not subject to taxation, but transfers of tokens and coins as an alternative form of payment may be subject to VAT, depending on the particular case. Russia The Ministry of Justice has declared that cryptocurrencies fall under the legal category of “other property” in Russia, while two related legislations have been filed in the State Duma, which is part of the Russian parliament. One bill will define cryptocurrency activities such as mining and ICOs, while another draft will amend Russian civil law to regulate transactions surrounding cryptocurrencies. In addition, Prime Minister Dmitry Medvedev has said that new Russian laws will not use the terms cryptocurrency and other colloquial terms; lawmakers will instead work to develop and define the legal concepts of digital money and digital rights. Spain Like many other European countries, Spain does not recognize cryptocurrencies as legal tender, but they remain legal to own and trade. As a digital asset, transactions potentially fall under the jurisdiction of barter rules in Spanish civil law. The Spanish Congress has also pushed for a draft legislation that will allow for positive regulation of blockchain and cryptocurrencies in the country. Switzerland There is no need for a license needed to pay or accept payment in cryptocurrencies in Switzerland, but some related activities are subject to anti-money laundering laws. In fact, the country is something of a crypto haven, with many companies setting up shop and thriving in the unregulated environment. Recently, the Swiss Financial Market Supervisory Authority published regulations for ICOs, which outlined clearly the laws by which crypto startups in Switzerland must operate within. United Kingdom Tax is imposed on profits gained from trading cryptocurrencies in certain cases, and payments for goods and services with such currencies are also subject to VAT. The Financial Conduct Authority is currently working in tandem with the Bank of England and the UK Treasury on a cryptocurrency discussion paper. The aim is to identify potential risks and issues that surround the burgeoning industry, with the aim of moving towards regulation.

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  • 2018-05-24 01:55:42

According to coin.dance there are currently no restrictions on bitcoin or other cryptocurrencies in 105 countries around the world. Most of these countries are in North America and Europe, with many governments already regulating the usage of digital currencies in these regions. Although there is much interest in cryptocurrencies within the Asia-Pacific region, not all countries have fully warmed up to the concept yet. Here is a quick look at the status of digital currencies in key Asian markets. Australia Recently, officials from the central bank came out with a statement saying that regulation is not required for cryptocurrencies as forms of payment. However, exchanges must register with Austrac, the country’s financial intelligence agency, and submit to requirements surrounding record preservation and customer verification. China Despite Beijing maintaining that it has no plans to ban bitcoin and other cryptocurrencies, it has cracked down on major cryptocurrency exchanges in the country. Last year, major exchanges such as OKCoin, Huobi, BTC China and ViaBTC were forced to suspend trading of cryptocurrencies against the yuan. India Although there are currently no regulations regarding cryptocurrencies, the government is currently studying available options while outlawing bitcoin as legal tender. However, financial institutions in the country are currently prevented from collaborating with cryptocurrency exchanges and related services – an issue currently being taken up to the Indian High Court. Iran Cryptocurrencies are not explicitly banned in Iran, but the central bank has forbidden other banks in the country from dealing in digital assets in a bid to prevent money laundering. The government is also experimenting with a locally developed cryptocurrency, which will be presented to banks for review in the near future. It has also been reported that the country is discussing the possibility of conducting trade with Russia using cryptocurrency to bypass impending international sanctions. Japan In 2017, the government officially recognized bitcoin as a form of payment, with the country generally seen as one of the more receptive to cryptocurrencies. Exchanges within Japan must also comply with anti-money laundering and know your customer regulations, with errant companies suspended or being mandated to improve measures. It also has a strong legal system in place to monitor and support the industry, resulting in investors having more confidence to put their money into cryptocurrencies. Malaysia As of now, cryptocurrencies remain in a gray area of sorts, but the country’s central bank is currently working hand-in-hand with the securities commission to develop a regulation framework. In fact, Malaysia’s central bank recently announced a list of approved reporting institutions made up of companies within the blockchain and cryptocurrency space, including Everus. Saudi Arabia Cryptocurrencies are not banned in the kingdom and officials have said that it is unlikely to ban them in the future. In fact, they are working on an “appropriate regulatory response” and are keeping a close eye on cryptocurrency developments. Singapore Still in a gray area, cryptocurrencies have not been outlawed in the island-state, but the Monetary Authority of Singapore (MAS) is supposedly investigating if new laws are needed to protect investors, especially on exchanges, and have also cautioned the public against investing in cryptocurrencies in general. The central bank is also working on a regulatory framework for payments using bitcoin. South Korea Seoul has not recognized cryptocurrencies as legal tender, but it has been actively looking to establish a framework which prevents anonymity and money laundering. According to observers, this lent more legitimacy to the cryptocurrency market in the country. The Fair Trade Commission has ordered 12 cryptocurrency exchanges to amend their user agreements in a bid to curb illegal trades from abroad. Thailand Currently, a royal decree has been passed to regulate cryptocurrency transactions as well as to allow taxes to be collected on them. Under the law, the Thai Security Exchange Commission is granted the power to regulate and control digital assets. Business built on cryptocurrencies must obtain approval from the Ministry of Finance and follow anti-money laundering and know your customer regulations. The decree was conceptualized to protect investors as opposed to banning cryptocurrencies, ICOs and other transactions related to digital assets.

Malaysia
  • Everus Technologies SDN. BHD.
    Level 23A, The Ascent Paradigm, No 1, Jalan SS7/26A, Kelana Jaya, 47301 Petaling Jaya, Selangor, Malaysia

India
  • Plot No. 39, 7th Floor, Tower-A
    Ananth Info Park, Hitech City, Phase-II,
    Madhapur Hyderabad TG 500081 India

Singapore
Switzerland
United States
  • Everus Technologies INC.
    8330 LBJ Freeway, B 945,
    Dallas, Texas 75243, USA