Civic digital identity wallet with facial biometrics and health credential launched
Civic Technologies’ Civil Wallet for digital identity verified with a biometric selfie is finally available in the App Store and Google Play for international money transfers, which are secured by a $1 million cryptocurrency protection guarantee, the company announced.
To address the market need for proof-of-health verification, Civic has also released Health Key by Civic which provides secure and regulation-compliant health verifications for employers, without jeopardizing user privacy.
“We built Civic Wallet because we wanted to be the first company to get it right for the consumer,” said Vinny Lingham, CEO and co-founder of Civic, in a prepared statement. “By design, Civic Wallet puts you back in the driver’s seat with more control over your digital identity and money with no more seed phrases or passwords to remember. And, we’re looking forward to offering proof-of-health verification as a new, privacy-focused element of your digital identity.”
Civic Wallet users can transfer and receive payments to usernames, addresses, and QR codes once a verified identity has been created. At low fees and for a limited time, users can also send digital currency, including BTC, ETH, USDC and CVC, worldwide.
Last year, Civic partnered with Onfido to add facial biometrics for AI-powered identity verification technology to securely onboard new users for the wallet. The company also lists FaceTec among partners on its website.
Digital currency is protected with account and key recovery thanks to the $1 Million Cryptocurrency Protection Guarantee provided by Coincover and insured by Lloyd’s of London underwriters.
Civic Wallet is non-custodial and ‘multisig’ which lets users restore the account if the phone is misplaced, and provides user oversight of digital identity and currency. If access to the wallet is lost, the funds are moved to a new account.
Health Key by Civic will be available through Civic Wallet, while Circle Medical will provide testing for companies in the San Francisco Bay Area. Employees are in full control over their digital identities. By receiving proof-of-health from an approved medical provider, employees can safely return to work. When they are authenticating their identity, Civic performs biometric 3D face verification for identity matching.
“As healthcare providers, we are always looking out for the safety of our patients, including protecting their information and privacy,” said George Favvas, co-founder and CEO of Circle Medical, in a prepared statement. “Civic is not only compliant from a regulatory standpoint, but they are also deeply committed to doing what’s right for their users.”
Civic has integrated the wallet with AI and blockchain-based technology so when the user signs up it can be authenticated as a real person. This gives users more control over which data they share with third parties. The company guarantees personally identifiable information (PII) is protected as it is not stored on the blockchain. Civic Wallet is GDPR and CCPA-compliant.