Blogs
Civic (CVC) Just Secured a Brand New Partnership
Civic, although ranked below the top 100 list, has become known as one of the digital assets that aim to democratize blockchain technology and crypto-based transactions. That is because, although without a price that matches its potential, CVC is finding a way to make blockchain technology more accessible for individuals who are not particularly tech-savvy.
CVC represents a coin with a great potential. Some of that potential was spotted in the unique features of CVC revolving around identity services that are thought to be highly unique and extremely functional. That is how Civic just got closer to democratizing blockchain technology as it acquired a brand new partnership that can be deemed as a potential booster for CVC in the following months.
Civic Partners up with Enkidu: Two Blockchain Projects Collide
Although seemingly just another partnership in the line of several that CVC has acquired during the past few months, Enkidu represents more than just a partner. Besides from sharing the same idea with Civic, being a blockchain based platform, Enkidu is based on collaboration while the main objective of their technology is to bring people together.
Civic has a similar idea, as it wants to democratize blockchain technology, bringing people closer while making blockchain understandable and global payments fast and safe.
One of the main goals behind the team CVC ideology is to have blockchain based payments integrated into social networks, that way making blockchain technology closer to masses while being more available and easily attainable.
Besides from working on democratizing blockchain technology, CVC is known for some unique identity features, which is the exact thing that brought Enkidu to Civic, that way enabling these two foundations to start a promising collaboration.
The main objective of the project Enkidu is to enable smooth business collaboration that would include payment and team split, that way solving common collaboration problems that often appear in business.
Enkidu claims that their blockchain platform will revolutionize the way the companies are collaborating.
However, in order to do so, Enkidu will have to work on some improvements first and that is how CVC came into the game.
Apparently, Enkidu has some issues with providing a foundation for their idea, so their project is unable to see any sign of progress as there is generally a lack of trust and the feeling of safety on the platform, considering the fact that users are not offered appropriate solutions.
KYC the Key to Partnership with Civic
Some of the common problems that Enkidu was having troubles with was setting up joint accounts, ID verifications, and small projects turn out to be very expensive with their collaborative model. Enkidu then turned to blockchain technology, but still their registration process while creating your company with Enkidu is still said to be pretty much repetitive and unnecessarily lengthy, which affected the trust of their users as a consequence.
That is how Enkidu decided to provide their users and all potential clients with a trustworthy solution, and as CVC had a perfect solution, Enkidu will be using their KYC features in order to improve their services and provide better user-end experience.
Civic mobile application will be able to secure data as well as securing Enkidu users by creating a safe ecosystem with biometric sensor features all backed up with distributed ledger technology which will consequently diminish the need for re-importing data and personal info of Enkidu users.
The new KYC service features will then consequently make creating a company with Enkidu less repetitive and more convenient for interested clients, which was all brought by Civic/Enkidu partnership.
The CEO of Enkidu added that civic makes up for a perfect partner given the fact that the new KYC services make up for a reusable solution that will successfully establish a secure environment for Enkidu platform, that way enabling the further progress of collaborative solutions and blockchain networks.
With providing security for Enkidu platform, Civic’s CEO didn’t lack praise for Enkidu, stating that they are happy to announce the initial partnership. The CEO of CVC also added that Enkidu makes up for a promising blockchain project in more than several areas, that including smarty contracts.
He concluded his statement by adding that as one of the promising smart contract platforms Civic is happy to become a crucial part of security on Enkidu platform, as KYC makes up for a very important factor when it comes to smart contract adoption.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Altcoins
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
Altcoins
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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