Civic (CVC) is a cryptocurrency associated with the Civic identity verification platform, which operates on the Ethereum blockchain. Introduced in 2017, Civic aims to provide secure and decentralized identity verification services, allowing users to share and control their personal information without relying on traditional centralized authorities.
Civic's decentralized approach aims to empower individuals with greater control over their personal information, reducing the risk of unauthorized access and identity-related fraud. The Civic platform also incorporates biometric authentication methods to enhance the security of identity verification processes.
Users can use CVC tokens to pay for identity verification services on the platform, facilitating a decentralized and secure way to establish trust in various online transactions.
