Civic (CVC)

Civic (CVC) widget

ICO date: 19.06.2017 - 19.06.2017
Industry: Privacy & Security
Description:

Intends to create on-demand, secure, and low-cost access to identity verification via the blockchain. An ecosystem to be built is expected to reduce the overall costs and burden of identity verification-related diligence, while simultaneously enhancing security and privacy, thereby improving the user experience and disrupting the current market for such services

Features:

- Reducing the overall cost of KYC (know your customer) - Improving user experience and disrupting the current identity verification supply chain - Protecting the privacy and security of user`s Personally Identifiable Information - CVC token is intended to act as a form of settlement between Validators and Service Providers within the ecosystem, it will also provide a means to incentivize all participants, including Users, to contribute to the ecosystem - Already has a working identity verification product that is available worldwide - Has won Best New Startup award at the K(NO)W Identity Conference 2017

Founded: United States
Technical details:

Civic Tokens (CVC) are ERC20-compliant tokens on the Ethereum blockchain. Civic intends using of smart contracts, which will ideally be built on Rootstock (“RSK​”). In addition, the Civic ecosystem will also include Civic’s existing app (through which Users will share their PII with chosen Validators and consent to transactions by interacting with the smart contracts), and software to be developed by Civic through which Validators and Service Providers will themselves be able to interact with the smart contracts. While Civic will develop the initial smart contracts and software that will be available at launch, the ecosystem will be open to third-party providers.

Website: tokensale.civic.com
Basic review: Basic review
Whitepaper: Whitepaper

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See also