Connect with us

Blogs

Civic (CVC) Just Secured a Brand New Partnership

Published

on

unifox-ad
Civic
READ LATER - DOWNLOAD THIS POST AS PDF

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.

For the latest cryptocurrency news, join our Telegram!

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.

Image courtesy of Pexels

Altcoins

3 Coins Coinbase Will Adopt Next

Published

on

Coinbase
READ LATER - DOWNLOAD THIS POST AS PDF

Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. However, throughout its existence, it was very picky when it comes to which coin it will adopt. So much so, that it has become a very large achievement to get support by the exchange.

Recently, however, Coinbase has decided to act on its users’ wishes and expand its list of accepted coins. In theory, this was a big deal, and the exchange actually started looking into a lot of coins. However, it only adopted a few of them. Right now, Coinbase is supporting Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, USD Coin, Basic Attention Token, and 0x.

Even so, Coinbase wishes to add more of them, but only after it ensured that the coins are a part of legitimate, non-controversial projects. As a result, the entire crypto community started speculating about which coins will be added next. This will also be something that we will try to answer today, by listing three projects that are the most probable candidates.

3. EOS

EOS or Ethereum On Steroids, as some like to call it, is a more than a decent project that has made headlines multiple times this year due to its progress. It managed to launch its own MainNet, which made it perfect for dApp development and smart contract creation. This makes it similar to ETH, but many…

Continue Reading

Bitcoin

What Will It Take For Bitcoin (BTC) To Rise Again?

Published

on

Bitcoin
READ LATER - DOWNLOAD THIS POST AS PDF

It is no secret that 2018 has been a terrible year for cryptocurrencies when it comes to their value. Things looked so bright during the first few days of this year, with Bitcoin hitting $20,086 per coin, and every altcoin reaching new heights. However, it was not to last, and soon enough, the market crashed, and prices went down.

What followed was months and months of a heavily bearish market that kept pushing the prices further and further down. It prevented any attempt of recovery, although several of them gave it their best shot.

Despite a situation like this, crypto investors never forgot the potential of Bitcoin, and many have been predicting another bull run that would have the same results. Those expectations were quite large, and potentially even unrealistic at first. Now, however, as the year approaches its end, it doesn’t seem like anything will happen. The community started to wonder why that is, and what would it take for another bull run to emerge, which is what we will try to answer right now.

What does Bitcoin need in order to have another bull run?

1. Bringing regulation

The crypto space remains highly unregulated in most parts of the world, which is one of the largest reasons why BTC remains dormant. While there are attempts to regulate it, these attempts are made even more difficult due to the fact that the market is constantly changing and…

Continue Reading

Altcoins

Stellar plans to Airdrop 150 Million USD in XLM to Blockchain Wallet Users

Published

on

Stellar
READ LATER - DOWNLOAD THIS POST AS PDF

Recently the Stellar Development Foundation partnered with Blockchain Wallet to airdrop $150 million value of XLM, to the owners of the wallet. The Block declared that the first batch of XLM would be shared this week for all users who signed up to use the Blockchain wallet.

The team behind the stellar Development Foundation hopes that this partnership will make XLM a real rival for other cryptocurrencies from the market.

The co-founder of Stellar, Jed McCaleb declared the following about the airdrop:

“We believe that airdrops are central to creating a more inclusive digital economy. Giving away lumens for free is an invitation to communities to design the services they need.

By working with Blockchain to increase the availability and active use of lumens on the network, we will increase the network’s utility by many orders of magnitude.”

Just $25 value of XLM each

To share some respect to the worth of XLM will distribute for each user, the team of Blockchain wallet declared that after verifying the identity when signing up to the wallet, $25 value of XLM will be shared to each. Furthermore,  there will be a first- come and the first-served clause in this airdrop which says:

Offer available until XLM giveaway supply is depleted. Limit of one XLM airdrop per person, unless participating in any bonus activities.

A person can receive the XLM airdrop in only 1 Blockchain Wallet.  XLM…

Continue Reading

Elite