@Blog Tiền Ảo - In the digital age, protecting online identity has become more important than ever. Civic ($CVC ) emerges as a pioneering solution, applying technology #blockchain to create a decentralized, secure, and safe identity verification platform. So what is Civic (CVC)? What benefits does this project bring to users? This article will provide you with the most detailed and comprehensive insight into Civic, from concepts, technology, pros and cons, tokenomics, founding team, to development roadmap and how to participate.

1. What is Civic (CVC)?

Civic is a decentralized identity verification platform built on blockchain, allowing users to control and protect their digital identity. Civic uses blockchain technology to encrypt and store identification information, enabling users to share this information safely and securely with third parties without disclosing all personal data.

2. Why is decentralized identity verification necessary?

Traditional identity verification methods are often centralized, vulnerable to attacks, and infringe on privacy. Civic addresses these issues by:

  • Empowering users: Users have full control over their identification information and decide what information to share with whom.

  • Enhanced security: Blockchain technology ensures the immutability and tamper-proof nature of identification data.

  • Privacy protection: Users only need to share necessary information, minimizing the risk of personal data exposure.

  • Reducing fraud: Secure identity verification helps prevent fraudulent and scam activities.

3. Highlights of Civic

  • Advanced technology: Civic uses blockchain technology, biometrics, and advanced encryption to protect digital identity.

  • User-friendly mobile application: Civic provides an easy-to-use mobile application, allowing users to manage their identity and verify information conveniently.

  • Collaboration with major partners: Civic collaborates with many large organizations and businesses, expanding the application of the platform in various fields.

  • Integration of KYC/AML: Civic complies with KYC/AML regulations, ensuring legality and anti-money laundering.

4. Advantages and Disadvantages of Civic

Advantages:

  • Safety and security: Blockchain technology protects digital identity from attacks and breaches.

  • Privacy control: Users control their identification information.

  • Convenience: Easy-to-use mobile application.

  • Wide application: Civic can be applied in many fields, including finance, healthcare, and government.

Disadvantages:

  • Dependent on adoption: The success of Civic depends on user and business adoption.

  • Competition: Civic must compete with other identity verification solutions in the market.

  • Technology risks: Although Civic uses advanced technology, there are still risks related to security and system errors.

5. Civic Founding Team

Civic was co-founded by Vinny Lingham and Jonathan Smith.

  • Vinny Lingham: A South African entrepreneur, known for his role as a 'Shark' on South Africa's Shark Tank. He is also the founder of Gyft, a gift card platform acquired by First Data in 2014.

  • Jonathan Smith: A technology expert with over 20 years of experience in information security.

6. Civic Tokenomics

CVC is Civic's utility token, used for the following purposes:

  • Payment: CVC is used to pay for identity verification services on the Civic platform.

  • Rewards: Users participating in activities on the platform, such as identity verification and referring new users, will be rewarded with CVC.

  • Governance: In the future, CVC may be used to participate in protocol governance.

Detailed information about tokenomics:

  • Total supply of CVC token: 1,000,000,000 CVC (1 billion CVC)

  • Token allocation:

    • Public sale: 33%

    • Founders and team: 30%

    • Company reserve: 25%

    • Bounty program: 5%

    • Advisors: 5%

    • Partners: 2%

  • Release Schedule: The CVC token has been fully distributed.

7. Development roadmap and key events of Civic

  • 2015: Civic was established.

  • 2017: Civic raised $33 million in an ICO.

  • 2018: Civic launched its mobile application and partnered with several major partners.

  • 2020: Civic launched Civic Pass, an identity verification solution for events and venues.

  • 2021: Civic integrated with the Solana blockchain.

  • 2022 - 2025: Civic plans to continue expanding its ecosystem, developing new features, and collaborating with many partners in various fields.

8. Where can you invest in and buy CVC tokens?

The CVC token is currently listed on many cryptocurrency exchanges, including:

  • Binance

  • Coinbase Pro

  • Kraken

  • KuCoin

  • Gate.io

9. Conclusion

Civic is a leading decentralized identity verification platform, offering safe, secure, and convenient solutions for users in the digital age. With advanced technology, an experienced team, and partnerships with major partners, Civic is expected to continue to grow and contribute to building a safer digital world. However, investors should exercise caution, thoroughly research information, and assess risks before deciding to participate.

Source: BLOGTIENAO