CINDX has partnered with Civic Technologies and implemented Civic Reusable KYC on the CINDX platform to guarantee its users’ security and anonymity.
CINDX is excited to announce a strategic partnership with Civic Technologies Inc., a company revolutionizing digital identity with its blockchain-based identity solutions. The partnership brings trusted, secure identity services to crypto fund management and enables CINDX to provide anonymity to its users.
CINDX is implementing Civic’s Reusable Know Your Customer (KYC) service across its platform. Civic enables users to scan and verify their identity documents while leveraging trusted third parties in the Identity.com marketplace. Personal information is validated using Civic’s blockchain-based identity verification service, which allows for user information to be stored locally on user devices. This ensures the security of users’ personal data and gives users more control over when and where they share their information.
“The main goals of the CINDX platform are to make crypto trading easier, more secure, and more accessible. For this reason, we chose Civic as our KYC provider. We are pleased to announce this new partnership, as it will bring secure identity verification built on principles of decentralization and ownership of self personal data to our platform,” CINDX CEO Yuriy Avdeev said in an official statement. “Civic’s decentralized architecture, which leverages blockchain technology, will enable users of the CINDX platform to pass multi-factor authentication without a username, password, or third-party authenticator. Furthermore, current users of Civic who join the CINDX platform won’t need to pass any additional KYC checks, because Civic’s decentralized, reusable KYC information enables users to share their identity information on-demand once it has been verified”.
“We are pleased to welcome CINDX to Civic’s Partner Network. This collaboration marks another milestone for Civic’s ecosystem and for on-demand, secure, and low-cost access to identity verification services,” said Civic CEO Vinny Lingham.
About Civic
Civic is a visionary blockchain identity-verification technology that allows consumers to authorize the use of their identities in real time. They are spearheading the development of an ecosystem that is designed to facilitate on-demand, secure, and low-cost access to identity-verification services via the blockchain. Civic recently introduced a Civic token that participants in the ecosystem will use to provide and receive identity-verification-related services. The company sold $33 million of its tokens during its token sale event in June 2017. For more information, visit https://www.civic.com.
About CINDX
CCINDX is an investment platform that allows individuals to combine several crypto exchange accounts into one trading terminal, and gives them the option to connect to the best managers without having to transfer their funds. Moreover, implementation of blockchain-based transactions will allow the trading history to be saved, and a rating system will be used to differentiate the successful managers from the less successful ones.
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