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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  • 2018-05-21 03:47:08

Cryptocurrency has been a hot topic over the past year, especially with the prices skyrocketing and crashing in spectacular fashion. If the price of established cryptocurrencies such as Bitcoin and Ethereum are putting you off from investing, you may want to consider looking into initial coin offerings (ICOs). It gives you an avenue to get in cheap, which could pay off in spades if the company does take off! Here are the key things you need to know about ICOs. How it works Unlike an initial public offering (IPO) where you buy a stake in the company, an ICO means you are buying the digital currency of the company in question at a set price in the hope that it will increase in value over time. The company in question will usually outline its project goals in a whitepaper. This is the key document that potential investors will pore over, which should outline what the currency does that has not been done in the past, or how it can improve upon an existing product or idea better than any competitors. Whitepapers will also have a roadmap, which is a detailed plan of a timeline that the company plans to follow, as well as visions and future goals. In the case of Everus, a private ICO was conducted, meaning that investment opportunities were available to selected investors only, and not the general public. Another good example of a private ICO was the one conducted by messaging app Telegram, although it was not their initial plan. The first round of funding among private investors raised an eye-catching US$1.7 billion, resulting in the company deciding to scrap the proposed public round of funding. Are ICOs Legal? Some governments have begun taking proactive steps to ensure that ICOs fall under their jurisdiction, due to the sheer number of projects sprouting up. In many countries, ICOs exist in a gray area due to the fact that they cannot be classified or declassified as a new form of financial assets, albeit unregulated. Although many companies organize ICOs with good intentions, the increasing number of poor quality projects have left a stain on the industry, leading some governments to actively step in. [caption id="attachment_1517" align="aligncenter" width="900"] Governments in several countries have begun setting regulations and standards that future ICOs must adhere to. Image from news.8btc.com[/caption] It can be argued that regulation will curb the number of ICOs in the market, due to the increased standards of what is expected and what should be delivered. However, most will agree that this is necessary to ensure that projects seeking to raise funds in this manner are legitimate and are not just scams. Should I Invest in ICOs? One example of a truly successful ICO is Ethereum. Back in 2014, 1 Ethereum was selling for 0.0005 Bitcoin, but at the time of writing, it is currently trading at 0.08 Bitcoin – a gain of almost 170x! On average, successful ICO tends to give returns of around 100% to 500% but this is a subjective figure and will vary from project to project. [caption id="attachment_1516" align="aligncenter" width="900"] Ethereum is probably the most successful and well-known ICO to date. Image from asia.finance[/caption] If you strongly believe in a project’s vision and goals, and have a sizeable risk appetite, then investing in an ICO might be a suitable option for you. However, it is imperative that you research as much as you can about the company, key staff and its direction within the industry. This will give you the information needed to make a calculated decision. You should also follow the golden rule of investing, which is to only put what you can afford to lose, which applies to any form of investment! Disclaimer: This article does not intend to provide, and should not be taken as financial or investment advice. You should conduct your own research thoroughly, and are responsible for any investment decisions you make. Cover image from bitcoinmagazine.com

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  • 2018-05-14 02:57:12

The healthcare industry has long been in need of a shake-up, with the system within which it operates lagging far behind the technological advances regarding procedures and treatments. Although many improvements have been made, it is arguable that this is not sufficient and many have called for blockchain technology to be introduced. Here are some possible ways that it can be used to change the medical industry for the better.

Secure medical records

The medical industry is already familiar with storing records digitally so a distributed ledger is just the next step to ensure security, accuracy, and perhaps most importantly, patient privacy. These records will be accessible from anywhere in the world and will hold complete medical histories which can include data such as symptoms, treatments attempted and their effectiveness, to name just three. [caption id="attachment_1464" align="aligncenter" width="900"] Linked records kept on the blockchain will ensure patient privacy and data security. Image from blog.andreacoravos.com[/caption] In addition, the security will help to prevent, rare but devastating, events such as the 2017 ransomware crisis faced by the UK’s National Health Service (NHS). The attack highlights the need for many healthcare systems to undergo a huge revamp in terms of database security, in both developed and developing countries.

Improve efficiency

One of the most frustrating aspects of the healthcare system is how inefficient and slow it can seem at times. A blockchain database would go a long way to eliminating this, with implementation likely to require fundamental changes that overhaul the existing system entirely, especially in less developed nations. Such a system would enable records to be maintained at a low cost, and enable medical professionals around the world to obtain and secure patient history quickly and accurately. Not only will this speed up the process, but it could also lead to faster diagnosis and treatment with the assistance of support apps and AI. [caption id="attachment_1465" align="aligncenter" width="900"] More efficient healthcare processes require an overhaul of existing systems. Image from infinithealthcare.com[/caption] The presence of an immutable ledger could also lead to automatic processing of insurance claims. All data regarding medical history will be in each patient’s profile, allowing claims to be easily compared and verified with this information. This in turn should lead to automatic assessments and then payouts, which will lower costs and allow staff to focus on other important areas.

Transparency in pharmaceuticals

In recent years, counterfeit medicine has emerged as a huge problem in the industry, putting many human lives at risk. The issue is more prevalent in less developed nations, with counterfeit drugs finding its way onto shelves alongside legitimate medicines. [caption id="attachment_1466" align="aligncenter" width="900"] Counterfeit drugs are a big problem in developing nations. Image from flanderstoday.eu[/caption] Blockchain could help to squeeze them out of the supply chain due to its transparent nature and the ability for all parties to keep track of drugs in real-time. This ensures that each medicine finds its way to its intended destination without being compromised. Furthermore, each type of drug would have a digital fingerprint which makes it much harder for criminal organizations to slip counterfeits into the network without being picked up by nodes.

Is blockchain the answer?

According to market research firm HRA, the awareness of blockchain within the healthcare industry is on the rise. A landscape analysis was conducted across various social media platforms regarding blockchain-related conversations, with the firm finding over 56,000 linked to healthcare. While it is clear that there is a growing sentiment that blockchain could be the answer to the many problems and inefficiencies within the system, it could take some time before adoption picks up. However, the opportunity for government and private healthcare systems to safely secure vital data should be incentive enough to push for the implementation blockchain technology. Also, the presence of an efficient, digital structure will free up manpower and lower costs, the surplus of which can be devoted towards improving the industry as a whole. Cover image from productiveedge.com

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  • 2018-04-30 08:10:39

With each passing day, the prospect of blockchain technology becoming a very real presence in our day-to-day lives becomes less farfetched as more governments and organizations begin to warm to its potential. There has been plenty of talk about how blockchain could improve efficiency in the workforce, but widespread implementation is still a long way away. In conjunction with Labour Day, we take a look at a few ways in which blockchain technology can help to improve crucial work processes for both employers and employees alike.

Get the right employee in

Imagine a world where every single fact on a prospective employee’s resume was completely accurate and verified by multiple parties. This is just one possibility of moving the hiring process to the blockchain, which could essentially create a single, globally recognized database of professional talents. [caption id="attachment_1456" align="aligncenter" width="900"] Interviewing poor candidates is less likely with resumes being verified via blockchain technology. Image from monster.com[/caption] Not only will this help employers single out candidates that are absolutely suited to the job, it also benefits potential employees as they are likely to be taking on a role that suits them to a tee. In such a world, the removal of subjectivity and doubt from the hiring game is something that both employers and employees would benefit from tremendously.

Automate payroll and tax process

The annual process of filing taxes is arguably one of the most tedious procedures any employee has to go through. You’d be hard pressed to find someone that actively enjoys this season! With the help of blockchain technology, it’s possible to have taxes and returns calculated automatically and accurately. This would tie-in with an automated payroll, which would use smart contracts to pay each employee at the end of the week or month. [caption id="attachment_1457" align="aligncenter" width="900"] Smart contracts will ensure that payroll is an automatic, hassle-free process. Image from green60.com[/caption] Governments could also implement a customized blockchain that maintains a ledger of all registered businesses and employees. Not only will this prevent unscrupulous corporations from adjusting their books, this also ensures that there will be no instances of tax dodging at a basic level. For returns to be automatically calculated, this will likely require further blockchain implementation in and cooperation among industries like insurance, health and more, but the potential benefits are there for all to see.

Transparent commission or bonus structure

Sales teams tend to have a commission structure built in to motivate members to strive for loftier heights. Despite this, calculating commissions from closed deals can often prove to be a tough job, both for HR as well as the sales person in question. Through smart contracts, payouts could be accurate and instantaneous, with funds released as soon as agreed criteria are met. [caption id="attachment_1458" align="aligncenter" width="900"] Commissions and bonuses can be paid out automatically without additional processing. Image from fredbeerlaw.com[/caption] Similarly, bonuses for other employees could also make use of smart contract technology to ensure that their performance-related bonuses or raises are processed immediately. This saves both time and resources, with employees able to point to criteria that has been met while HR will not need to verify the validity of their achievements.

Is blockchain the answer?

There is little doubt that blockchain is poised to majorly disrupt the way traditional companies and organizations operate. Not only does it improve efficiency, it helps to save resources as well as freeing up manpower for more important tasks that cannot be automated. With the technology in place and clear benefits from incorporating blockchain into the workforce, there is little wonder why many corporations are scrambling to fill this gap in the market. While it may not be the answer to optimum efficiency in the workplace, leaving the more mundane aspects of the workplace to smart contracts is just the tip of the iceberg as far as blockchain’s potential is concerned. Any success should then be used as a case study for further development and implementation to push for greater adoption, similar to how computers, internet, and email wove their way into the fabric of most workplaces worldwide. Cover image from futureoftalent.org

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

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