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Civic’s model allows for on-demand, secure and lower cost access to identity verification via the blockchain. Background and personal information verification checks may no longer need to be undertaken from the ground up every time a new institution or application requires one. Civic already has a working identity verification product that is available worldwide. Civic has won Best New Startup award at the K(NO)W Identity Conference 2017. In order to embrace their vision of creating a truly decentralized identity ecosystem they now intend to launch a utility token known as the Civic Token (CVC)