Civic (CVC) Ranked 123 in Coin Market Daddy Currencies Index. Civic (CVC) price is $0.025054. It has a current circulating supply of 670,000,000 CVC and a Marketcap of $14.85M. $326.03K worth of Civic (CVC) has been traded in the past 24 hours. Civic (CVC) currency type is token (Ethereum). CVC trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Civic (CVC) and contribute to CMD Cryptocurrency Encyclopedia.
Civic is a decentralized identity ecosystem that allows for on-demand, secure and lower cost access to identity verification via the blockchain. Through a digital Identity platform, users to set up their own virtual identity and to store it along with their personally identifiable information on the device. This information will go through a verification process conducted by the identity validators on the platform and then ported into the blockchain where service providers can access it with the proper permission from the user.
CVC is an Ethereum-based token used by service providers that are looking to acquire information about a user. These can make a payment in CVC. The smart contract system employed will then see funds delivered to both the validator and the identity owner (user).
“Civic is building an ecosystem that is designed to facilitate on-demand, secure and low-cost access to identity verification (“IDV”) services via the blockchain, such that background and personal information verification checks will no longer need to be undertaken from the ground up every tim...