What is Civic (CVC)?

Modified on Sat, 18 Feb 2023 at 05:31 PM

Civic is a personal identity verification protocol or a decentralized identity management service that runs on Ethereum’s blockchain that allows real-time protection and authorization requests of authenticated digital identities. 

Whenever you open a bank account, cryptocurrency wallet, loans, or any other services, you need to undergo the same verification process - submission of the documents proving your identity. Depending on the type of service, the verification process could take days or weeks. 

Civic offers a solution to this problem where you only need to input your personal identity once in the Civic Network and it allows any organization to cross-check your data on the blockchain without asking you to provide the same information again. Civic is also a personal identity verification tool that can be transferred from one service to another.

CVC is the ticker symbol of Civic’s token that you will find on exchanges.

Interested to buy Civic (CVC)? Check the Market Now: https://www.bitkub.com/market/CVC 

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