CVC is the utility token for Civic, a flexible identity verification technology that uses digital identity as a gateway for decentralized finance.
How CVC Works
CVC is an ERC-20 token used on Civic, a decentralized digital identity provider. The primary use case for CVC is as a payment verification between “Identity Verifiers” and “Identity Requesters” within the Civic ecosystem. Requesters can be anyone who wants to link KYC/KYB data to crypto wallets. Identity Verifiers are then paid in CVC by Identity Requesters, and the Civic team takes fees for connecting the parties. Additionally, users verifying their information through Civic can share their info and the verification with service providers, which reduces the need to re-verify their identity.
Note: The Giving Block does not currently support CVC donations. See all cryptocurrencies supported by The Giving Block.
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About The Giving Block
The Giving Block, a Shift4 company, helps nonprofits fundraise more effectively from modern philanthropists. As pioneers of the “Crypto Philanthropy” movement, The Giving Block developed the leading solutions for cryptocurrency donations, taking crypto and NFT donations mainstream in the nonprofit sector. The Giving Block’s team then developed a stock giving experience built to empower even more donors to give non-cash assets. When combined, The Giving Block’s product suite empowers more donors than ever to give assets to their favorite causes. Today, thousands of nonprofits are using The Giving Block to fundraise from modern philanthropists. Learn about our story and team.