Civic project celebrates 1 year of token sale anniversary with purchase of Identity.com URL
On the heels of Monaco project purchasing Crypto.com Civic coin with its co-founder and CEO Vinny Lingham purchased Identity.com. This will be a new name for their decentralized identity ecosystem.
Identity.com will be a first-of-its-kind decentralized platform that will open up access to on-demand, secure identity verification. Identity.com is designed to connect users, requesters, and validators around the world to enable reusable identity verification, powered by Civic tokens $CVC. This ecosystem allows individuals, companies, and other entities to interact easily and safely in the digital world.
WHAT IS CIVIC?
Civic’s long-term vision is a decentralized identity ecosystem that eliminates the costs and inefficiencies of identity verification while improving security and privacy, creating a best-in-class experience for all ecosystem participants.
CIVIC LINE OF PRODUCTS
Current products provided by CIVIC are, decentralized identity verification. Reusable KYC using the Civic APP. Secure Relationships Verification ID Codes and Identity Theft Protection
InvestFeed $IFT social crypto investment platform also uses CIVC for account verification.
CIVIC TOKEN $CVC
The token will be the method by which requesting companies pay for validation from companies that have the information. Smart contracts are used to protect everyone during the transaction, ensuring that validators only get paid once requesting companies have received adequate information.
Civic raised in excess of US$33m in funding during its (ICO) June of 2017.