Question 1

What is Civic (CVC)?

Accepted Answer

Civic (CVC) is a blockchain-based platform designed to provide identity verification solutions. It leverages decentralised technology to allow individuals and businesses to manage and verify personal information securely without the need for intermediaries. Users are assigned Civic tokens (CVC) that facilitate transactions related to identity verification, encouraging efficient and secure data sharing.

The platform incorporates blockchain features to address issues of identity theft, fraud, and inefficiencies in existing identity verification systems. Civic's model focuses on providing a “secure identity ecosystem” that allows users to control their information while offering businesses verified data in a compliant, streamlined way​.

Question 2

What is Civic (CVC) used for?

Accepted Answer

Civic (CVC) is primarily used for identity verification services, allowing individuals to verify their identity with businesses without repeatedly providing the same sensitive information. The Civic app enables users to store and share their verified identity data, which is protected through encryption and stored on the blockchain. The Civic token (CVC) is a utility token used within the ecosystem to incentivise participants and facilitate payments for identity-related transactions.

Businesses benefit from Civic's ecosystem by accessing verified user data, which simplifies regulatory compliance and reduces identity verification costs. Through Civic, users have control over their identity and can selectively share it without exposing their data multiple times, enhancing privacy and reducing the risk of data breaches​.

Question 3

Who created Civic (CVC)?

Accepted Answer

Civic was co-founded by Vinny Lingham and Jonathan Smith. Vinny Lingham is an entrepreneur known for his work in digital identity and blockchain. Jonathan Smith brought technical expertise to the project with a background in technology development and management. Civic was created with the goal of establishing a user-controlled identity verification platform that prioritises security and efficiency, leveraging blockchain to bring transparency and privacy to digital identity solutions​.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	CVC-USDT CVCUSDT	binance	AA	0.02212USDT	0.00%	4,411,623.00CVC	1,629	0.02212USDT	0.02249USDT
2	CVC-USD CVC-USD	coinbase	AA	0.02212USD	0.16%	1,822,376.00CVC	159	0.02208USD	0.02240USD
3	CVC-USDT CVC_USDT	whitebit	BB	0.02210USDT	0.00%	1,152,416.62CVC	3,169	0.02210USDT	0.02302USDT
4	CVC-USDC CVC_USDC	whitebit	BB	0.02210USDC	0.09%	591,013.18CVC	796	0.02208USDC	0.02249USDC
5	CVC-USDT CVC-USDT	okex	A	0.02194USDT	-0.90%	410,056.88CVC	238	0.02214USDT	0.02235USDT
6	CVC-USD CVCUSD	kraken	AA	0.02218USD	0.05%	272,575.52CVC	49	0.02217USD	0.02259USD
7	CVC-USDT CVC_USDT	gateio	A	0.02207USDT	-0.41%	233,744.00CVC	207	0.02216USDT	0.02226USDT
8	CVC-EUR CVCEUR	kraken	AA	0.01977EUR	0.05%	45,025.88CVC	8	0.01976EUR	0.01985EUR
9	CVC-USDT CVC-USDT	kucoin	BB	0.02200USDT	-0.45%	32,808.22CVC	51	0.02210USDT	0.02230USDT
10	CVC-ETH CVC_ETH	gateio	A	0.0₅9121ETH	0.00%	0CVC	0	0.0₅9121ETH	0.0₅9121ETH
11	CVC-EUR CVC-EUR	okex	A	0.01970EUR	0.00%	0CVC	0	0.01970EUR	0.01970EUR
12	CVC-USDC CVC-USDC	okex	A	0.02192USDC	-0.72%	1,501.29CVC	1	0.02208USDC	0.02208USDC
13	CVC-TRY CVCTRY	btcturk	E	1.09TRY	0.18%	8,457,275.92CVC	383	1.09TRY	1.10TRY
14	CVC-USDT CVCUSDT	bitrue	D	0.02210USDT	0.00%	7,518,148.00CVC	37,298	0.02210USDT	0.02250USDT
15	CVC-KRW KRW-CVC	upbit	B	29.50KRW	-0.67%	4,424,284.56CVC	429	29.70KRW	30.00KRW
16	CVC-USDT CVC_USDT	bitunix	C	0.02211USDT	0.00%	3,248,065.00CVC	5,867	0.02211USDT	0.02236USDT
17	CVC-USDT cvc_usdt	lbank	C	0.02209USDT	-0.05%	2,626,747.00CVC	2,290	0.02210USDT	0.02234USDT
18	CVC-USDT CVC_USDT	coinw	-	0.02210USDT	0.00%	2,300,222.10CVC	1,996	0.02210USDT	0.02230USDT
19	CVC-USDT CVCUSDT	latoken	D	0.02213USDT	-0.01%	1,308,369.39CVC	1,990	0.02213USDT	0.02239USDT
20	CVC-KRW CVC_KRW	bithumbkorea	-	29.32KRW	-1.28%	719,057.24CVC	167	29.70KRW	29.95KRW
21	CVC-EUR CVC-EUR	bitvavo	B	0.01974EUR	0.32%	573,832.54CVC	50	0.01968EUR	0.01980EUR
22	CVC-USDT CVCUSDT	btcturk	E	0.02200USDT	0.00%	194,289.82CVC	10	0.02200USDT	0.02220USDT
23	CVC-THB THB_CVC	bitkub	C	0.7355THB	-2.14%	82,351.61CVC	19	0.7516THB	0.7516THB
24	CVC-EUR CVCEUR	bit2me	B	0.01977EUR	0.05%	44,455.26CVC	7	0.01976EUR	0.01977EUR
25	CVC-USDT cvcusdt	huobipro	C	0.02200USDT	-0.45%	39,911.93CVC	28	0.02210USDT	0.02230USDT
26	CVC-USDT CVC_USDT	cryptology	D	0.01838USDT	0.00%	0CVC	0	0.01838USDT	0.01838USDT
27	CVC-BTC BTC-CVC	upbit	B	0.0₆2700BTC	0.00%	0CVC	0	0.0₆2700BTC	0.0₆2700BTC
28	CVC-USDT CVC_USDT	poloniex	C	0.02220USDT	0.00%	0CVC	0	0.02220USDT	0.02220USDT
29	CVC-IDR cvcidr	indodax	E	392.00IDR	1.82%	510.71CVC	3	385.00IDR	392.00IDR
30	CVC-BRL CVC-BRL	mercadobtc	C	0.1055BRL	-25.02%	352.83CVC	7	0.1407BRL	0.1482BRL
31	CVC-KRW CVC-KRW	gopax	D	34.50KRW	0.00%	0CVC	0	34.50KRW	34.50KRW
32	CVC-USDT CVCUSDT	hitbtc	E	0.06155USDT	0.00%	0CVC	0	0.06155USDT	0.06155USDT