$CVC CVC Coin, fully known as Civic Coin, is one of the cryptocurrency based on blockchain technology. Here are some detailed information about CVC Coin:
• Project Background:
• Civic is a decentralized identity ecosystem that allows on-demand secure and low-cost access to identity verification through blockchain technology.
• Users can create their virtual identity through the digital identity platform and store it along with personal identity information on their devices.
• This information will be executed through a verification process carried out by authenticators on the platform, and then transferred to a blockchain that service providers can access with the user’s appropriate permission.
• Technical Features:
• Civic's Secure Identity Platform (SIP) allows businesses to use verified user identities for multi-factor authentication on web and mobile applications without the need for usernames or passwords.
• Its ecosystem is based on blockchain technology, with advantages such as keys generated by third-party wallets, identity data being fully encrypted on device applications, and the public identification of verifying institutions' identity.
• Token Functionality:
• CVC is an Ethereum-based token used by service providers seeking to obtain information about users.
• Users can make payments on the platform using CVC tokens, and the smart contract system will see funds delivered to the verifiers and identity owners (users).
• Issuance and Circulation:
• The total supply of CVC Coin is 1 billion coins, with an ICO price of $0.1.
• As of November 23, 2024, the latest price of CVC Coin is $0.141, with a 24-hour trading volume of 22,332,947, and the price of CVC Coin has changed +5.14% in the past 24 hours, with a circulating market value of: 141,479,251.
• Application Scenarios:
• The use cases for CVC Coin mainly include payment for identity verification services, storage and sharing of identity information, etc.
• Users can use CVC Coin to pay for identity verification service fees on the Civic platform, thereby verifying their identity.
• Official Website and White Paper:
• The official website of CVC Coin is [](), and the white paper can be found on the official website, detailing the technology and use cases of CVC Coin.
The value of CVC Coin mainly comes from its various uses within the Civic platform, including payment for verification service fees, incentivizing platform participants, and purchasing digital identity proofs.
