The new DEFI platform enters the market! Earn passively - token sale 0.25 $ I'm going in!
CVC

Civic (CVC)

Buy Civic

Exchange rate Civic:

1.52zł

-27.92%

Market capitalization

1281437852 PLN

Volume (24h)

224327710 PLN

Supply in circulation

670000000 CVC

All-Time High

3.25 zł

All-Time Low

0.049960 zł

Popularity by CMC

#191
The current rate Civic CVC is $1.52. In the last 24 hours, the price of Civic has decreased by -27.92% and the 24-hour volume of this cryptocurrency is $224 327 710.00. The cryptocurrency in the last 24 hours recorded the highest price at the $2.10, while its lowest was $1.39. The highest Civic price in the last 7 days was $2.65, and the lowest price was $1.39. Exchange rate Civic in the last 30 days decreased by -22.92%.
Cryptocurrency calculator
Źródło danych: Coinmarketcap.com
1h 24h 7d 14d 30d 1y
-0.8% -27.92% -38.85% -33.49% -22.92% 263.76%
Źródło danych: Coinmarketcap.com

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Exchange rate Civic on the largest Cryptocurrency Exchanges:

Updated at: 2021-11-24 20:28:56

CVC/USDT

Binance:
Exchange rate: 0.5 USDT

  TABLE OF CONTENT-

  • What Is Civic (CVC)?

  • Who Are the Founders of Civic?

  • What Makes Civic Unique?

  • How Many Civic (CVC) Coins Are There in Circulation?

  • How Is the Civic Network Secured?

What Is Civic (CVC)?

Civic is a blockchain-based identity management service that provides individuals and organisations with the tools they require to manage and safeguard their personal information.

The system intends to redefine that how we approach identity verification by providing users more control over their data while enabling them to acquire a range of services without needing to disclose enormous amounts of personal data.

Civic's identity verification solution delivers leverage of distributed ledger technology to authorise identity usage in real-time and to transfer information with Civic partners only after the user has given permission.

Civic users, apart from some other identity management services, keep all of their sensitive information on their mobile devices. By submitting a biometric signature through the Civic app, users can authorise the sharing of specified personal data.

The Civic ecosystem is powered by the Civic token (CVC), a one-of-a-kind utility token used to resolve identity-related transactions between Civic participants, such as between customers and service providers.

Validators can gain CVC tokens by verifying documents for service providers. Users can earn CVC tokens by accomplishing a range of tasks, such as joining up for a service through the platform or referring new users.

Civic was introduced in 2018, after a successful initial coin offering (ICO) the prior year.

Who Are the Founders of Civic?

Vinny Lingham and Jonathan Smith co-founded Civic in 2015. Vinny Lingham is a serial entrepreneur who showed up on Shark Tank South Africa in 2016 and has co-founded numerous notable companies, including Newtown Partners, a South African investment fund, and Gyft, a Google Ventures-backed digital card platform. Civic's CEO is Lingham.

Jonathan Smith, the platform's current CTO, has served in the banking industry for more than 15 years. Before joining Civic, Smith worked at Deloitte MCS Limited and HSH Nordbank, and also Genpact Headstrong Capital Markets, where he was the global head of Platforms.

Moreover to the founding members, the Civic team involves several incredibly successful individuals, including COO Chris Hart, who has two decades of expertise in senior finance and previously retained the position of CFO at Guidebook and Nextag.

The official Civic LinkedIn page presently lists 38 employees, several of whom are rooted in the San Francisco Bay Area.

What Makes Civic Unique?

Civic is designed to make it convenient for users to verify their identity with service providers whilst also still maintaining complete control over their personal information.It enables businesses to onboard users rapidly with its AI-powered verification process, which, when merged with human review, assists businesses in reducing fraud and remaining compliant with AML regulations and OFAC rules.Civic has two main products as of December 2020: the Civic wallet and Health Key.

The Civic wallet is a mobile cryptocurrency wallet that can record a variety of popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC).The app further performs as a digital identity management solution and is enclosed by a $1 million Bitcoin insurance plan proffered by Coincover. Civic's most recent product is Health Key.

This is an app that allows employers to safely verify their employees' health status to assure they are healthy to resume work post a COVID19 infection, including if they test positive for antibodies or have been vaccinated. This is accomplished without compromising the employee's privacy.

How Many Civic (CVC) Coins Are There in Circulation?

There are exactly 670 million CVC tokens in circulation as of late December 2020, representing 67 per cent of the maximum 1 billion CVC total supply. The current circulating supply can be discovered in the correct data panel.

According to the Civic token sale website, a total of 1 billion CVC were issued, of which 33% were managed to sell in the token sale, 33% were retained by Civic, 33% were assigned for rewards and incentives, and the rest 1% was used to cover token sale costs.

The 330 million tokens assigned to Civic remain immutable as of December 2020. It is currently stored in a multi-signature Ethereum wallet, which can be followed here.

How Is the Civic Network Secured?

CVC, as an ERC-20 token, is endorsed by the Ethereum blockchain, which is broadly considered as one of the most decentralised and safe proof-of-work (POW) networks in use nowadays.

With the release of Ethereum 2.0, Ethereum will gradually transform to proof-of-stake (POS). A network of validator nodes will protect the CVC token and associated transactions once they are completed.

The Civic app safeguards digital identities by utilising the user's device, which customers use to regulate access to their data.

Include on your website a calculator Civic and chart CVCUSD using the widgets below.

Calculator Civic

Źródło: Tokeneo

To place such a calculator on your website, paste the code below into the appropriate place.

Chart CVC-PLN

Źródło: Tokeneo

To place such a chart on your website, paste the code below into the appropriate place.

To run a calculator or chart on your site, please:

  • Copy the code of the selected widget and paste it into the right place on your website
  • You can also configure widgets as needed by modifying the parameters:
    • data-crypto="" - enter a list of cryptocurrencies that will be available in the cryptocurrency calculator. Enter the cryptocurrency shortname. You can add many cryptos, e.g. BTC, ETH, TEO. You will find a list of available cryptocurrencies here. To add all cryptocurrencies - leave the tag empty.
    • data-fiat="" - enter the list of FIAT currencies that will be available in the cryptocurrency calculator, you can choose multiple currencies by entering e.g. PLN, USD, EUR, GBP. To add all FIAT currencies - leave the field blank.
  • Parameters are configurable for the cryptocurrency calculator. In the case of the chart, it is not possible to add many parameters (crypto or fiat).
  • To use widgets, you must include a link to your source. The link is included in the above widget codes. The link should not contain the parameter rel = "nofollow".
The new DEFI platform enters the market! Earn passively - token sale 0.25 $

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