Marketplace: Identity Validators

Validators such as financial institutions, government entities, and utility companies are able to verify the identity of a User, and record this approval on the blockchain in the form of an attestation. Every time an attestation is created by the Validator or used by a Requester, the Validator gets paid in CVCs for providing decentralized identity services.

Reusable KYC

Civic Reusable KYC is the blockchain-based tool for organizations that require more than basic account verification services. Civic takes care of the scanning and storing of documents on User devices, while Validators handle documents verification, such as passport and driver’s license, Accredited Investor Checks and Anti Money Laundering Sanctions Checks using the Civic Marketplace.

Generate Revenue with Every Attestation

  • Recurring Revenue

    Recurring Revenue

    Validate documents & personal information once and receive CVC payments every time the attestation is used by Requesters.

  • Privacy

    Privacy

    All transactions are safely done via the Blockchain, so you don’t have to worry about 3rd party systems compromising your security.

  • Convenience

    Convenience

    Use the Marketplace infrastructure to find and bill Requesters that require validated user information. The reusable component reduces verification overheads.

How It Works

Currently, Identity Requestors can use CVCs to leverage permission-based, real-time authentication of identity data verified by a Civic Identity Partner.

How it works

Identity verification is a voluntary information exchange between the User and the Requester. The Civic Secure Identity Platform (SIP) stores and shares Authenticated Data only with User permission, while the Civic Marketplace is a decentralized environment where CVCs are used for attestation payments. An individual downloads the Civic App, establishes an account, and, upon signing up for Requester services, they verify their identity on the blockchain and share the Authenticated Data with Requesters.

Use Cases for ID Validators

  • Banks

    Banks

  • Utility Companies

    Utility Companies

  • Financial Services

    Financial Services

  • Insurance

    Insurance

  • Real Estate

    Real Estate

  • ID Verification

    ID Verification

  • Background Checks

    Background Checks

  • Government

    Government

Contact Us to Become an Identity Validator


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