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/biz/ - Business & Finance

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3052121 No.3052121 [Reply] [Original]

It's a coin that uses blockchain and smart contracts to verify and store someones identity.

Still not sure if this is a worthwhile buy. Anyone invested in Civic redpill something i'm missing here?

>> No.3052184
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3052184

Wow really? No one on /biz/ bought into Civic yet it's mooning non stop?

>> No.3052202
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3052202

>>3052121
You know how you sign up with websites, to pay bills and random companies? They store your personal info in all sorts of random ways.

What civic does is it allows you to share stuff securely based on your terms and probably enables the company to store your info a lot safer using their protocol.

I dunno man, thats how i understand it, invested in it just because it has connections to silicon valley and all sorts of tech investors. And its a pretty normie tier tech/idea so stuff like that usually has potential.

I dunno man, do whatever the FUCK YOU WANNA do

>> No.3052267

>>3052202
We're either smart money or missing something Anon.

I just don't understand how this is innovative. it's not that hard to store personal data on a blockchain and then give the private key to the person and a trusted company/government/bank

>> No.3052281

Bamp

>> No.3052331

>>3052267
I dont really invest in this because i have massive faith in their product. I just have faith in their company ability to market and their connections with the tech world to make som decent returns in short-mid term.

Most coins we ride are driven by speculation and gut feel unless you mingle with whales

>> No.3052397

>>3052121
what does the token do for that use case?

>> No.3052419

>>3052121
isnt blockchain used in some ways to keep us anonymous? wtf is the point of civic

>> No.3052429

>>3052397
>Validators receive CVCs when other participants utilize their attestations to prove identities
>Users receive CVCs for providing their data more securely and privately through the ecosystem
>All categories of participants can utilize CVCs for identity-related products and services provided by Civic and third parties through the ecosystem

right from their website

>> No.3052440

>>3052184
this

>> No.3052480

it's a 2 man team though and they never told us who their strategic partners are. They literally have no technical partners listed

>> No.3052494

Its cheap now, the supply suggests it can go higher than 1$, there is decent volume on bittrex. All the signs are there, i dont know what more do you need?

Im done believing in products, some awesome ones just went under and stayed there so...in crypto you just gotta make cold hard calls

>> No.3052505
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3052505

Guy is streaming about NEO in 5 mins

Join a Fellow Biz/Tard

https://www.youtube.com/watch?v=SOKPIal5c0M

>> No.3052525

>>3052505
GTFO my thread fagget, this thread has nothing to do with NEO regardless if anyone here likes it or not

>> No.3052554

>>3052505
That train is long gone my friend