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Civic and Onfido partner up for Civic Wallet

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Vineet Chaudhary
Vineet Chaudhary
Vineet Chaudhary is a content writer with computer applications as his background field. His interests range from writing and photography to going out for trips and rides on weekends.

The award-winning identity verification platform, Onfido has recently announced a partnership with the premier blockchain identity and payment service providers, Civic. This partnership was done to power the company’s Civic Wallet, which will be made available for public use in fall.

This partnership will help Onfido to add new users to their platform quickly while providing them control over the privacy of their details. Civic Wallet is open for pre-registration, and it is a platform where both identity information of the user, as well as the crypto, will be on the same device. This will help people to maintain their identity and personal data easily while they deal with cryptocurrencies and send or receive payments. The private keys are stored in the user’s phone, which can be easily recovered if the mobile gets lost or stolen.

Onfido’s technology will help Civic to quickly and easily verify the identities of people who are signing up to Civic Wallet. The users have to take a picture of the government issues document of identity they are using and upload it during the registration. Onfido’s AI will then test the document for its authenticity, and compares the facial biometrics. Civic’s blockchain technology secures personal information and allows multiple parties to use that information without sharing the underlying data.

Vinny Lingham is the CEO and co-founder of Civic, and they are thrilled to have partnered with Onfido. Husayn Kassai is the CEO and co-founder of Onfido, an AI-based technology that helps to asses whether an official document issued by the government such as an ID is genuine or not.

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

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Indian regulators postpone introducing the “anti-cryptocurrency” bill.

The Indian government earlier revealed that it is drafting a bill that would ban the use of all cryptocurrencies...

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