Civic provides on-demand, secure, and low-cost identity verification on the blockchain. Backgroud and personal information verification checks no longer need to be undertaken from the ground up each time an institution or application requires one. Users receive Civic's Ethereum ETC20 token (CVC) for providing their data securely through the ecosystem. This results in a reduction in overall Know-Your-Customer (KYC) cost and improves efficiency for all parties.There will be a total of 1 billion CVC tokens of which 33% will be sold during the crowdsale - maximum cap of $33 million. Civic is founded by Vinny Lingham, the founder of Gyft, which was acquired by First Data Corporation in 2014.

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Civic-prijs

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