How Civic works

Modified on Sat, 18 Feb, 2023 at 5:16 PM

Civic (CVC) is a free market for identity verification where the validators and the users will be incentivized by the requestor. 

Civic’s validation process takes into account 3 different but interdependent individuals/entities:

  1. Users: Anyone who wishes to take part in Civic
  2. Validators: Verify identities' authenticity on the blockchain’s distributed ledger and sell it for CVC to service providers
  3. Service providers: Buy validators verified identities for the purpose of providing to the selected customers

All transaction requests made by the requestors are subject to CVC fees. The green dots in the picture below signify all processes that are rewarded by CVC tokens.

Civic_whitepaper.png

Source: Civic Whitepaper

Interested to buy Civic (CVC)? Check the Market Now: https://www.bitkub.com/market/CVC
 

 

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