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Civic’s new cryptocurrency wallet to use Onfido for AI-powered verification

AI-powered identity verification and blockchain puts Civic Wallet users in control of their own data

Published by CryptoNinjas.net
08/08/2019
Civic Onfido Cryptoninjas

Onfido, an identity verification platform, today announced a partnership with Civic, a blockchain identity, and payment solution provider, to power the company’s Civic Wallet, which will be available this fall. Onfido will enable the company to onboard new users swiftly and securely while giving them more control over their privacy.

When signing up, users will simply take a photo of a government-issued identity document and then Onfido’s AI-powered technology assesses whether it’s genuine or fraudulent, while Civic will compare the document to facial biometrics for an extra layer of security. Civic’s own blockchain-based technology secures users personal information by allowing multiple parties to use personally identifiable information without sharing the underlying data, ultimately giving back more control.

The combination of Civic’s identity and payment further enables an experience that allows for a new subset of product offerings, such as age-gated products like beer vending or geo-restricted services.

“Security is of paramount importance to us, and we’re integrating the latest design thinking into the Civic Wallet. We’ve chosen to store a user’s identity information and crypto directly on the device. This allows you to maintain control of your personal data, protecting your identities and money. Private keys are safely stored on your mobile device, and redundant backup systems ensure that the digital wallet may easily be restored if a person’s mobile device is lost or stolen.”
– The Civic Team

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