What is Civic?
Civic is a blockchain platform focused on building an ecosystem of decentralized applications (dApps) to securely and safely verify digital identities. Simply put, Civic aims to create a type of "digital passport" for each person, allowing us to verify our identity online without having to share too much personal information.
What is CVC Coin?
CVC Coin is the native cryptocurrency of the Civic platform. It is used for:
Payment: CVC is used to pay for services on the Civic platform.
Governance: CVC holders can participate in the management and development of the platform.
Value storage: The value of CVC may increase as the Civic platform becomes more widely adopted.
How does Civic work?
Users provide information: You will provide your personally identifiable information (PII) to Civic. This information may include your name, date of birth, passport number, etc.
Identity verification: Civic will use various verification methods to check the accuracy of the information you provide. This may include comparing it with government databases or asking you to provide additional documentation.
Create identity profile: After verification, Civic will create a digital identity profile for you on the blockchain. This profile is encrypted and secured, ensuring that only you and those you authorize can access it.
Use identity profile: You can use this identity profile to verify your identity with various online services, such as registering for a bank account, renting a car, or signing up for events.
Tokenomics
Basic information:
Name: Civic
Trading name: CVC
Type: Utility Token
Platform: Ethereum
Contract: 0x41e5560054824ea6b0732e656e3ad64e20e94e45
Total supply: 1,000,000,000 CVC
Token Allocation:
Token Sale: 33%
Platform: 33%
Ecosystem development: 33%
Token sales fee: 1%
Civic platform products
1. Civic Pass:
Civic Pass is a digital wallet that stores users' identity verification information. It allows users to share their personal information securely and in a controlled manner with other applications and services. Its functions include:
Storing verified personal information
Sharing information with third parties securely
Creating digital certificates
Integrating with other applications and services
2. Physical Citizen ID:
Physical Citizen ID is a physical smart card containing users' identity verification information. This card can be used to quickly and conveniently verify identity anywhere with a compatible card reader. Functions: Offline identity verification, storing sensitive information, integrating with access control systems.
3. Comprehensive Identification System:
This system consists of three main components: Users, Requesters, and Validators. It creates a decentralized identity verification network, enhancing security and trust. It allows users to control their personal information, helping organizations verify the identities of their customers effectively.
Who created the Civic (CVC) coin?
Civic was co-founded in 2015 by Vinny Lingham and Jonathan Smith.
Vinny Lingham is a successful entrepreneur who appeared on the South African startup television show Shark Tank. He has co-founded several companies, including Newtown Partners, an investment fund in South Africa, and Gyft, a digital gift card platform backed by Google Ventures. He is currently running Civic.
Jonathan Smith, Chief Technology Officer of Civic, has over 15 years of experience in the banking field. He has held significant positions in large companies such as Deloitte and HSH Nordbank. With extensive experience, Smith contributes greatly to the development of the Civic platform.
Current exchange rate of Civic (CVC)
Where to buy and sell CVC Coin?
Exchanges trading CVC Coin include:
Coinbase.com
Upbit.com
Gate.io
Currently, Binance is the best and safest exchange to buy and sell CVC. The exchange is trusted and used by most traders around the world.
If you do not have this account yet, you should create an account to start trading.
Register for Binance & Get 20% off trading fees: https://accounts.binance.com/register?
Conclusion
Civic (CVC) has proven its enormous potential in solving online identity verification issues. With advanced blockchain technology and an experienced development team, Civic is building a future where personal information is securely and effectively protected. Join the Civic community to explore the limitless possibilities of this technology.