Civic: A secure and simple way to manage your Identity in the Digital World
Civic provides consumers and companies the tools to protect and control identities. Civic presents Secure Identity Platform (SIP) which provides multi-factor authentication without the use of username, password and other third party authenticator.
How does Civic works?
Civic is like a digital wallet that connects to all of your physical and digital credentials. It allows us to create a verified identity of ourselves in the application which we can use in verification processes required to our daily transactions whether on the web or establishments.
Using Civic, we can easily send personal information requested by airports, hotels, banks and other companies to verify our identity. Sending is easily done by scanning or using QR codes.
The information we sent to them are fully encrypted and is only accessible by our own fingerprint on the Civic app installed on our device.
Validation is done on the blockchain which means our information is secured and at the same time trusted.
As we verify our identity to more organizations, we build trust to our identity as each transaction are stored on our Civic app.
How does Civic protect us from Identity Theft?
The app features the following:
Monitoring Alerts – these are notifications whenever our identity is being used which includes inquiries, new accounts, account updates and more. It also includes bankruptcy, delinquency, fraud alert and more.
Identity Theft Monitoring - these are credit monitoring alerts made possible by integrating Civic with TransUnion.
24/7 Fraud Support – assistance from US-based identity fraud investigators from setting up an account to discovered possible fraud in your identity.
Identity Theft Insurance – an $1 million recovery aid to hire needed lawyers, investigators and accountants whenever we experienced fraud as a member. This insurance is effective forever, at no cost.
…and still more relevant features to come in the near future.
Civic is a great project and for me, every great project is a great investment opportunity.
The mobile application is available here - https://www.civic.com/app
