CVC digital currency project
Civic is designed to make it easier for users to verify their identity with service providers, while retaining full control of their personal information.
It allows businesses to onboard users faster using an AI-powered verification system, which when combined with human review helps businesses reduce fraud and remain compliant with anti-money laundering regulations and OFAC rules.
As of December 2020, Civic has two main products: Civic Wallet and Health Key
Civic Wallet is a mobile cryptocurrency wallet that can be used to store a few popular cryptocurrencies, including Bitcoin and Ethereum.
Founders of CVC digital currency
Civic was founded in 2015 by Vinnie Lingham and Jonathan Smith.
Vinnie Lingham is a serial entrepreneur who appeared on Shark Tank South Africa in 2016, and has co-founded several high-profile companies, including a South African-based investment fund known as Newtown Partners and Gyft, a digital card platform backed by Google. Lingham is CEO of Civic.
In addition to the founders, the Civic team includes a group of highly successful individuals, including COO Chris Hart, who brings two decades of senior financial management experience and previously served as CFO at Guidebook and Nextag.
