Civic is a decentralized identity ecosystem that allows secure and low-cost on-demand access through blockchain-based authentication. Through the digital identity platform, users can set up their own virtual identities and store them alongside their personal identification information on their devices. This information goes through a verification process executed by verifiers on the platform and is then ported to a blockchain where service providers can access it with appropriate user permission.
CVC is an Ethereum-based token used by service providers seeking to acquire information about users. Users can make payments within the platform using Civic tokens. The smart contract system employed ensures the delivery of funds to verifiers and identity owners (users).
1. Project Introduction
Civics Secure Identity Platform (SIP) enables businesses to use verified user identities for multi-factor authentication on web and mobile applications without requiring usernames or passwords.
The ecosystem, based on blockchain technology, offers several advantages: keys are generated by third-party wallets, creating a firewall between Civic and user keys; identity data is fully encrypted in device applications and accessible via biometrics; and verifier identities are publicly known.
Project Features
Anonymity:
Identity data is encrypted and stored on the user’s phone within the Civic application. Applications only access the specific data they need, reducing responsibility (such as data loss) and minimizing friction by not repeatedly requesting document scans from users.
Distributed ID Storage:
Civic leverages blockchain’s capabilities to ensure the highest levels of privacy and security for both users and businesses. If an application doesn’t need to collect or store customers’ personal information, concerns over identity theft can be significantly reduced.
User Permission Management:
The Civic application uses advanced encryption and biometric technology to securely store users’ personal identity information (PII) on their phones. Users choose to grant or deny all information requests, making this solution compliant with the strictest data protection regulations.
Reusable:
Users submit their data once in the Civic app for verification, a quick and simple process most users complete in 3-5 minutes.
Affordable:
Civic reduces administrative costs associated with compliance and fraud prevention controls because users only need to be verified once. Relying on the original proof of users’ identification documents makes age verification a cheap and fast information request.
Mobile-Powered:
Identity data is encrypted and stored on the user’s phone within the Civic application, enabling more thorough verification of document ownership through liveness testing and comparing selfies to submitted documents to ensure the true owner is authorized.
Use Cases
Secure Identity Platform:
Allow users to safely access websites and services using Civic Secure ID through the Civic application. Civic’s Secure Identity Platform (SIP) uses verified identities for multi-factor authentication on web and mobile applications without usernames or passwords.
Reusable KYC:
Meet KYC requirements through Civic’s easy-to-use, private, and secure solution. The Civic mobile app enables users to scan and verify their identification documents, fulfilling companies’ KYC requirements. Trusted third parties in the Identity.com Marketplace verify personal information through blockchain, storing everything on the user’s mobile device.
Identity Theft Protection:
Everyone deserves identity theft protection, and Civic provides comprehensive protection before, during, and after incidents.
ID Codes:
Enable anyone to securely verify business, advisory, investment, or other relationships. Currently, proving business relationships online is broken, making it too easy to create fake accounts or impersonators to promote false advisory, employment, investment, or misleading relationships. ID Codes solve this problem by providing a way for legitimate organizations to prove a person’s relationship with them.
2. Commentary
Civic is a decentralized identity ecosystem that allows secure and low-cost on-demand access through blockchain-based authentication. Through the digital identity platform, users can set up their own virtual identities and store them alongside their personal identification information on their devices. This information goes through a verification process executed by verifiers on the platform and is then ported to a blockchain where service providers can access it with appropriate user permission.
Related Links:
https://www.civic.com/
https://tokensale.civic.com/CivicTokenSaleWhitePaper.pdf
http://www.qukuaiwang.com.cn/szhb/2327.html
http://www.dayqkl.com/4228.html