"Civic is a decentralized identity ecosystem that allows for on-demand, secure and lower cost access to identity verification via the blockchain. Background and personal information verification checks may no longer need to be undertaken from the ground up every time a new institution or application requires one. "
Civic is a decentralized identity ecosystem that allows forÂ on-demand, secure and lower cost access to identity verification via the blockchain. Through aÂ digital Identity platform, users to set up their own virtual identity and to store it along with theirÂ personally identifiable information on the device. This information will go through a verification process conducted by the identity validators on the platform and then ported into the blockchain where service providers can access it with the proper permission from the user.
CVC isÂ an Ethereum-based token used by service providers that are looking to acquire information about a user. These can make a payment in CVC. The smart contract system employed will then see funds delivered to both the validator and the identity owner (user).
Civic (CVC) Features
Technology Specifics for Civic (CVC)
Civic (CVC) uses the N/A algorithm and relies on the N/A proof type.