Optitoken Partners with Civic Technologies for KYC Implementation
Optitoken is pleased to announce a strategic partnership with Civic Technologies Inc., the company revolutionizing digital identity with its Blockchain-based technology. The partnership brings trusted, secure identity services to cryptocurrency and ICO’s and enables Optitoken to carry out a secure and fluid token sale. “Civic integrates perfectly with our needs as a company. We look forward to a continuing relationship with Civic for transparent identification protocols”, said Sean Donato, Optitoken’s ICO.
On behalf of Civic, CEO Vinny Lingham stated that “we are pleased to welcome Optitoken to Civic’s Partner Network. This collaboration marks another milestone for Civic’s ecosystem and for on-demand, secure, and low-cost access to identity verification services.”
Civic will help enable reusable KYC and identity verification for the duration of Optitoken’s Initial Coin Offering. This will help verify the identity of our buyers to make sure we comply 100% with our local regulations. By using an external service such as Civic, which is born out of the cryptocurrency industry we belong to, we are guaranteeing an excellent completion of our ICO without having to use our own team to do so.
Optitoken is the first algorithmically traded, hyperdeflationary currency, that derives its value from a carefully curated token basket. Profits from the automatic trading of the portfolio are used to regularly buy Optitoken on exchanges, creating buy pressure and volatile price action. These tokens are then destroyed, creating further value. Our ICO is open to buy the initial token basket. For more information visit https://optitoken.io
Civic is a visionary blockchain identity-verification technology that allows consumers to authorize the use of their identities in real time. They are spearheading the development of an ecosystem that is designed to facilitate on-demand, secure, and low-cost access to identity-verification services via the blockchain. Civic recently introduced a Civic token that participants in the ecosystem will use to provide and receive identity-verification-related services. The company sold $33 million of its tokens during its token sale event in June 2017. For more information about Civic or to become a Civic business partner, visit https://www.civic.com.