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	0.02783USDT	-13.11%	91,721,956.00CVC	86,202	0.03203USDT	0.03228USDT
2	CVC-USDT CVC-USDT	okex	A	0.02783USDT	-13.49%	29,059,487.63CVC	10,255	0.03216USDT	0.03223USDT
3	CVC-USDT CVC_USDT	gateio	A	0.02786USDT	-13.17%	16,522,433.00CVC	6,736	0.03209USDT	0.03227USDT
4	CVC-USD CVC-USD	coinbase	AA	0.02789USD	-13.19%	11,508,363.90CVC	2,114	0.03213USD	0.03213USD
5	CVC-USD CVCUSD	kraken	AA	0.02779USD	-13.29%	1,881,931.17CVC	771	0.03205USD	0.03205USD
6	CVC-USDT CVC-USDT	kucoin	BB	0.02810USDT	-12.73%	1,378,071.00CVC	1,459	0.03220USDT	0.03220USDT
7	CVC-USDT CVC_USDT	whitebit	BB	0.02786USDT	-12.94%	1,261,836.86CVC	9,184	0.03200USDT	0.03228USDT
8	CVC-USDC CVC-USDC	okex	A	0.02782USDC	-15.00%	611,570.02CVC	130	0.03273USDC	0.03273USDC
9	CVC-EUR CVCEUR	kraken	AA	0.02417EUR	-12.59%	434,621.10CVC	115	0.02765EUR	0.02765EUR
10	CVC-USD CVC-USD	okex	A	0.02751USD	-14.03%	181,523.35CVC	264	0.03200USD	0.03200USD
11	CVC-USDC CVC_USDC	whitebit	BB	0.02799USDC	-12.94%	166,555.73CVC	502	0.03215USDC	0.03225USDC
12	CVC-EUR CVC-EUR	okex	A	0.02422EUR	-23.79%	90,523.82CVC	172	0.03178EUR	0.03178EUR
13	CVC-ETH CVC_ETH	gateio	A	0.0₄1201ETH	-7.42%	138.87CVC	1	0.0₄1298ETH	0.0₄1298ETH
14	CVC-KRW KRW-CVC	upbit	B	38.00KRW	-13.04%	246,288,285.69CVC	18,725	43.70KRW	44.10KRW
15	CVC-TRY CVCTRY	btcturk	E	1.36TRY	-12.85%	77,495,078.63CVC	9,589	1.56TRY	1.56TRY
16	CVC-KRW CVC_KRW	bithumbkorea	-	37.54KRW	-12.90%	66,097,473.79CVC	9,703	43.10KRW	43.32KRW
17	CVC-USDT CVC_USDT	coinw	-	0.02790USDT	-13.08%	29,427,548.07CVC	6,779	0.03209USDT	0.03220USDT
18	CVC-USDT CVCUSDT	bitrue	D	0.02780USDT	-13.66%	20,985,510.00CVC	40,500	0.03220USDT	0.03240USDT
19	CVC-USDT cvc_usdt	lbank	C	0.02784USDT	-13.19%	20,859,367.00CVC	13,493	0.03207USDT	0.03224USDT
20	CVC-USDT sCVCUSDT	phemex	C	0.02775USDT	-13.31%	9,727,323.00CVC	9,334	0.03201USDT	0.03229USDT
21	CVC-USDT cvcusdt	huobipro	C	0.03220USDT	-6.94%	7,541,041.95CVC	4,260	0.03460USDT	0.03640USDT
22	CVC-USDT CVCUSDT	btcturk	E	0.02800USDT	-12.50%	6,924,236.28CVC	1,652	0.03200USDT	0.03200USDT
23	CVC-EUR CVC-EUR	bitvavo	B	0.02401EUR	-12.94%	5,405,355.01CVC	986	0.02758EUR	0.02758EUR
24	CVC-USDT CVC_USDT	bitunix	C	0.02782USDT	-13.23%	3,189,116.00CVC	14,741	0.03206USDT	0.03222USDT
25	CVC-USDT CVCUSDT	latoken	D	0.02782USDT	-13.70%	1,730,268.08CVC	3,104	0.03224USDT	0.03229USDT
26	CVC-THB THB_CVC	bitkub	C	0.9978THB	-5.84%	610,948.04CVC	195	1.06THB	1.06THB
27	CVC-EUR CVCEUR	bit2me	B	0.02417EUR	-12.59%	434,621.10CVC	115	0.02765EUR	0.02765EUR
28	CVC-IDR cvcidr	indodax	E	491.00IDR	-13.86%	255,374.29CVC	185	570.00IDR	570.00IDR
29	CVC-BTC BTC-CVC	upbit	B	0.0₆3800BTC	-9.52%	92,687.68CVC	19	0.0₆4200BTC	0.0₆4200BTC
30	CVC-USDT CVCUSDT	coinex	C	0.02782USDT	-13.09%	61,141.07CVC	1,651	0.03201USDT	0.03205USDT
31	CVC-BRL CVC-BRL	mercadobtc	C	0.1400BRL	-12.51%	15,597.03CVC	19	0.1600BRL	0.1700BRL
32	CVC-USDT CVC_USDT	cryptology	D	0.01838USDT	0.00%	0CVC	0	0.01838USDT	0.01838USDT
33	CVC-KRW CVC-KRW	gopax	D	44.30KRW	0.00%	0CVC	0	44.30KRW	44.30KRW
34	CVC-USDT CVC_USDT	poloniex	C	0.02220USDT	0.00%	0CVC	0	0.02220USDT	0.02220USDT
35	CVC-USDT CVCUSDT	hitbtc	E	0.02114USDT	0.00%	0CVC	0	0.02114USDT	0.02114USDT