Civic Reusable KYC

Satisfy your company’s KYC (Know Your Customer) requirements with Civic’s easy-to-use, private, and secure KYC solution.

Civic Reusable KYC is the blockchain-based tool for organizations that require more than basic account verification services. Our global offering enables scanning and verification of documents, such as passports, driver’s licenses, utility bills, and Accredited Investor Checks using the Civic Mobile App.

Use Cases for Civic KYC

Add blockchain-enabled KYC to businesses and services that require user identification. Decentralized, reusable KYC improves security, on-boarding and every day use.

  • Cryptocurrency Services

    Cryptocurrency Services

  • Travel & Transportation

    Travel & Transportation

  • Lending Services

    Lending Services

  • Access Management

    Access Management

  • Ride-sharing Services

    Ride-sharing Services

  • Online Dating Apps

    Online Dating Apps

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.

Why Do KYC with Civic?

  • Reusable

    Reusable

    Reusable KYC lowers the total cost of ownership, as a user only ever gets verified once. This dramatically reduces the overhead costs related to compliance and fraud prevention controls.

  • Convenient

    Convenient

    Building a proprietary KYC capability is a costly, risky and time-consuming proposition. Companies of any size can simplify their user onboarding experience by using the Civic Reusable KYC. Users only need to submit their data once in the Civic App to get verified and register for a new account. There’s no need to input data multiple times and with the Civic App, you can verify IDs and your Accredited Investor status on your phone.

  • Private

    Private

    With Civic Reusable KYC, organizations easily obtain proof that identity information has been authenticated by a trusted institution. The company (Service Provider) in need of KYC receives only the necessary data to fulfill the request. By eliminating the sharing of unnecessary amounts of data, Civic KYC works to maintain user privacy.

  • Secure

    Secure

    The Civic App stores a user’s PII securely on the user’s device using high-level encryption and biometric locks (such as fingerprint ID). The user reviews all requests for their information, and chooses whether to approve or deny the request of the Service Provider. The data remains under the user’s full control, and the Civic App makes it harder for malicious groups or hackers to gain access to a user’s information.

Additional KYC enhancements such as verification of utility bills and full liveness testing are coming soon.

Get Civic Reusable KYC

Want access to Civic’s easy-to-use, private, and secure KYC Services?
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