Source: Civic Pass

Civic is a platform that provides Identity and Access Management (IAM) for Distributed Ledger Technology (DLT). It aims to enhance security, improve efficiency, and embrace interoperability. By offering an identity solution that’s versatile by design, Civic helps protect against business risks, streamline onboarding, and build trust with users.

Civic’s primary offering is the Civic Pass, a tool that allows businesses to regulate access to their products by adopting custom access controls. This tool can be used in various sectors, including enterprise, gambling, DeFi, gaming, NFTs, and online communities. It helps ensure users are real people, meet age and location requirements, and prevent fraudulent activities like Sybil attacks, voting fraud, and bot manipulation.

Civic’s identity verification services are adaptable to a multi-chain world, with compatibility on Ethereum, Solana, Polygon, XDC, and Arbitrum, with more chains coming soon. Businesses can conduct identity verification with Civic’s services, or create inputs for their own compliance program with Custom Passes.

The platform also provides end-to-end management of passes, including issuing, freezing, and revoking passes. This gives businesses oversight of who accesses their services, enhancing security and control.

Civic is committed to keeping user information safe. It leverages advanced strategies, including blockchain, encryption, and strong data protection policies. The platform is standards compliant, Hacken audited, and GDPR compliant.

Civic also provides a range of tools to help businesses get started quickly and scale up or down as business demands change. Businesses can use Civic’s identity verification services or use their own, or even use both. They can tailor any combination of available verifications to serve as inputs to their compliance program.

Main Features

Civic is a platform that provides Identity and Access Management (IAM) for Distributed Ledger Technology (DLT). It aims to enhance security, improve efficiency, and embrace interoperability. The platform is designed to protect against business risks, streamline onboarding, and build trust with users.

Civic Pass is a key feature of the Civic platform. It allows businesses to regulate access to their products by adopting custom access controls. This tool can be used in various sectors, including enterprise, gambling, DeFi, gaming, NFTs, and online communities. It helps ensure users are real people, meet age and location requirements, and prevent fraudulent activities like Sybil attacks, voting fraud, and bot manipulation.

Custom Passes is another feature that allows businesses to conduct identity verification with Civic’s identity verification services, or create inputs for their own compliance program. This feature provides businesses with the flexibility to tailor their identity verification processes to their specific needs.

Civic.me is a platform that allows users to manage their Civic Passes and NFTs. It provides users with a convenient and secure way to manage their digital identities and assets.

Candy Machine is not explicitly mentioned on the Civic website. However, given Civic’s focus on blockchain technology and digital assets, it is likely that Candy Machine refers to a feature or tool related to the creation or distribution of NFTs or other digital assets.

Civic is committed to keeping user information safe. It leverages advanced strategies, including blockchain, encryption, and strong data protection policies. The platform is standards compliant, Hacken audited, and GDPR compliant.

Use of Civic tokens for KYC/KYB purposes

Civic (CVC) is a utility token for Civic, a flexible identity verification technology that uses digital identity as a gateway for decentralized finance. The primary use case of CVC is as a payment verification between “Identity Verifiers” and “Identity Requesters” within the Civic ecosystem.

Identity Requesters can be anyone who wants to link Know Your Customer (KYC) or Know Your Business (KYB) data to crypto wallets. In this context, KYC/KYB refers to the process of verifying the identity of customers or businesses to prevent fraud and comply with regulatory requirements. By using Civic’s technology, these requesters can securely and efficiently verify the identities of their customers or businesses.

Identity Verifiers are entities that verify the identity information provided by the requesters. These verifiers are then paid in CVC by Identity Requesters for their services. This creates a decentralized ecosystem where identity verification services are incentivized through the use of CVC tokens.

The Civic team also takes fees for connecting the parties, creating a sustainable business model that supports the ongoing development and maintenance of the Civic platform. This model ensures that all parties involved in the identity verification process are adequately compensated for their contributions.

Users verifying their information through Civic can share their info and the verification with service providers, which reduces the need to re-verify their identity. This not only streamlines the identity verification process but also enhances user privacy by reducing the number of times users need to share their personal information.

CVC is an ERC-20 token, meaning it operates on the Ethereum blockchain. This ensures the security and transparency of all transactions involving CVC tokens. It also allows for easy integration with other Ethereum-based applications and services.

Highlights

• Civic is a platform that provides Identity and Access Management (IAM) for Distributed Ledger Technology (DLT). It aims to enhance security, improve efficiency, and embrace interoperability.
• Civic Pass is a key feature of the Civic platform. It allows businesses to regulate access to their products by adopting custom access controls, ensuring users are real people, meet age and location requirements, and prevent fraudulent activities.
• Custom Passes is another feature that allows businesses to conduct identity verification with Civic’s identity verification services, or create inputs for their own compliance program.
• Civic.me is a platform that allows users to manage their Civic Passes and NFTs, providing users with a convenient and secure way to manage their digital identities and assets.
• Civic’s CVC token is used as a payment verification between “Identity Verifiers” and “Identity Requesters” within the Civic ecosystem.
• Identity Requesters can be anyone who wants to link Know Your Customer (KYC) or Know Your Business (KYB) data to crypto wallets.
• Identity Verifiers are entities that verify the identity information provided by the requesters. These verifiers are then paid in CVC by Identity Requesters for their services.
• Users verifying their information through Civic can share their info and the verification with service providers, which reduces the need to re-verify their identity.
• CVC is an ERC-20 token, meaning it operates on the Ethereum blockchain. This ensures the security and transparency of all transactions involving CVC tokens.