Civic (CVC) is an identity platform, providing decentralized trusted verification according to the laws and regulations of the world. The goal of the Civic project is to build an ecosystem that makes accessing on-demand identity verification services via blockchain easy, secure, and extremely low cost.
Civic is a personal identity verification protocol that uses distributed ledger technology to better manage digital identities. For blockchain projects focused on supply chain management for consumer products, Civic is a safer, cheaper, more efficient method of identity verification for individuals and industries globally. .
How does CVC work?
CVC’s network consists of three different but interdependent entities: users, validators, and service providers. Users want to use the protocol to register their identities, and Civic makes it easy and secure with its secure identity app.
The validator is responsible for verifying the authenticity of the identity on the blockchain’s distributed ledger. They can then sell this information to service providers who need to verify the identity of their customers, exchanging the data for CVC. Civic is built on the Ethereum blockchain and uses smart contracts to oversee data validation and payment for this work.
What is CVC token?
CVC tokens are digital assets used in the Civic platform for the following activities:
- Rewards incentivize users to use identifying information
- Reward the party that verifies the accuracy of the identity information
- Used to pay for services provided by Civic or CVC’s partners.
Vinny Lingham – Co-Founder & CEO
Vinny is a well-known entrepreneur who previously founded the digital gift card platform Gyft, which was acquired by First Data Corporation in 2014. After more than a decade of experience in the e-commerce market, Vinny realized that no one had a universal solution to address identity fraud for consumers.
Jonathan Smith – Co-Founder & CTO
Jonathan has over 15 years of experience in banking and technology consulting. After a successful career in a number of complex and sensitive security environments, Jonathan brings his talents to the forefront of technology, innovation and transfer to the world of digital identity.
Chris Hart – COO
Chris is a business and partnership leader with nearly 20 years of experience in finance and IT, most recently as CFO at Guidebook, Inc. and Nextag, Inc. Chris holds a BA in English and Philosophy from Emory University and a Master of Business Administration in Finance from the University of San Francisco with distinction.
JP Bedoya – Responsible for product & design
JP has more than 15 years of experience developing and designing corporate consumer products. He was formerly director of product design at The Climate Corporation, overseeing product experience, and was primarily responsible for user and product research at LifeLock, where JP oversees consumer products, recruiting new members and develop new products.
Civic is a citizen identity platform that provides trusted decentralized identity services that are compliant with laws and regulations around the world. Civic brings identity control and protection tools to businesses and individuals in need.
In the future, when financial, service, KYC companies participating in ICOs… need to confirm their identities, users can use the Civic app to confirm instead of having to repeat the verification steps. identity in different places.
You can see CVC prices here.
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