Civic (CVC) is an Ethereum-based ERC-20 token used to power the Civic decentralized identity protocol. Civic is designed to enable users to verify identity data once before using an interoperable identity standard in real-time across both businesses and financial institutions. CVC price is updated in real-time on Binance.
Civic aims to reduce the administrative friction and costs associated with onboarding new users onto platforms that typically require identity verification, such as cryptocurrency exchanges, dApps, bank accounts, wallet apps, and financial products.
Civic makes it possible for users to input and verify identity data on the Civic platform so any business, organization, or financial institution can cross-check this data on the blockchain. #CVCUSD $CVC