Civic is envisioned as a decentralized identification platform capable of validating identity on demand, assuring security, and saving more money than traditional identity verification methods. On the social side, Civic is an intermediary ecosystem that connects stakeholders by providing user identification and verification services. These functions are carried out on the Civic App and the Civic ecosystem.

Token CVC is a Civic ecosystem cryptocurrency launched in 2017 on the Ethereum platform using the ERC20 standard. CVC is used to pay for transactions in the Civic operation, such as the cost of running the system, the cost of identity verification, obtaining validated identity data, and validation rewards. In addition, CVC Token is also valued as a digital asset representing Civic, allowing holders to get a share from Civic’s profits.