Civic allows people to control the use of their identity information by using cutting edge identity verification technology to secure and protect personal information transfer. 

The Civic Wallet is a digital wallet that provides a safer, easier way for consumers to transact. The company is building a wallet that offers an accessible gateway to financial products on the blockchain for everyone. They offer the ability to transition flexibly between traditional currencies and crypto, manage money and identity more easily with a friendlier user interface, and meet security requirements with their compliance wrapper for partners.

Using the Civic Wallet, users can keep verified identity private and store and send digital currency safely, all protected by the company’s $1 million Coincover Cryptocurrency Protection Gurantee. Once users verify their identity once, they can use it again and again. There are no passwords, seed phrases or other information to remember, meaning that if a user every loses his or her phone, wallet recovery is simple and easy.

Overall, the Civic Wallet focuses on the following:

1. Proving identity without compromising privacy
2. Allowing users to bring in their own digital currencies including BTC, ETH and CVC
3. Protection through multisig technology and fund protection guarantee
4. Sending funds to friends and family instantly through just a few taps

Learn more about Civic identity solutions. This report covers:

• Solutions and Capabilities
• Key Source Selection Criteria
• Setup and Configuration
• Pros and Cons
• Customer Testimonials
• Stakeholder Profiles
• Major Product Milestones
• Pricing and more

Objective of the Report:

• To provide objective in-depth analysis for prospective buyers
• To analyze how Civic fits into the identity market
• To provide key insights into solution capabilities, key deployments, organization size, and customer success track record
• To share developments such as regional expansions, new product launches
• To conduct pricing analysis relative to the identity market

This full review is available to Identity Review’s Consortium Members. You can learn more about this review and other benefits of the Consortium membership by getting in touch with us here.