CVCUSD
Civic / United States dollar
crypto Composite

Civic is a digital identity company. Civic is helping businesses and individuals control and protect their personal information with blockchain-based identity verification solutions. Reusable identity verification is the core of the platform, which allows people to safely and securely share blockchain-attested information. An attestation is effectively the hash of an underlying element of personal information, plus metadata relating to that hashed element, and it enables users to share the verification of previously audited personal information, their personal information, or both, giving users full control over their data and identity. We currently use a Bitcoin-based blockchain for attestations anchoring and Ethereum as a Smart Contract Platform for implementing Marketplace dynamics between participants of the ecosystem. The transaction-per-second is defined by the underlying blockchain of Bitcoin and Ethereum. For the Marketplace implementation, we are collecting multiple Marketplace operations within a timeframe into a single Ethereum Transaction in order increase the overall throughput.