What is civic and how does it compare to other blockchains?

Because Civic is an identity management solution, it’s two largest blockchain competitors are SelfKey (KEY) and THEKEY (TKY). As you probably figured out, Civic’s biggest differentiator from the other two is the absence of the word key from its name.

What is civic and how does it work?

Civic is a personal identity verification protocol that leverages distributed ledger technology to better manage digital identities. As with blockchain projects focusing on quality verification for consumer products, Civic envisions a safer, cheaper, more efficient identity verification method for individuals and industries around the globe.

What does civic mean for identity verification?

As with blockchain projects focusing on quality verification for consumer products, Civic envisions a safer, cheaper, more efficient identity verification method for individuals and industries around the globe. Imagine how many times you’ve had to go through a Know Your Customer (KYC) verification process.

What is a blockchain & how does it work?

Another way people often describe the blockchain is that it’s a ledger (sometimes you’ll hear the terms ‘distributed ledger’ or ‘immutable ledger’), that is similar to the balance sheet of a bank. Like a bank’s ledger, the blockchain tracks all the money flowing into, out of, and through the network.