Civic (CVC)
A Gateway To Manage Digital Money And Identity.- Civic is a non-custodial wallet on the Ethereum blockchain that allows users to store cryptocurrencies and identity proofs.
- The platform enables users to set up their own virtual identity and leverage it for verifications. This is done by using Identity.com's open-source ecosystem that uses a "blockchain-based, decentralized marketplace to connect identity requesters, identity validators, and users to reusable identity verification services".
- After the personally identifiable information is verified by identity validators, a reference to the locally stored personally identifiable information is ported onto the blockchain, where service providers can access it with the proper permission from the user.
- The CVC token is a universal form of payment in the Civic ecosystem.