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A Gateway To Manage Digital Money And Identity.
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Civic is a non-custodial wallet on theEthereum 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.