civic

Vinny Lingham, Civic CEO and Co-Founder

Identity verification platform, Onfido has announced a partnership with blockchain identity and payment solution provider Civic in a bid to power the company’s wallet, Civic Wallet, built-in collaboration with BitGo. The selection will allow the company to easily and securely onboard new users.

“We chose to partner with Onfido because they share our vision of providing everyone with a digital identity they may own and control,” said Civic CEO and Co-Founder, Vinny Lingham. “As our earliest identity.com validator, we saw firsthand how their AI verification technology delivered higher pass rates without compromising on fraud protection. Growing this partnership was the best match for us and for Civic Wallet.”

According to the supplier, Onfido will enable quick and secure verification of Civic Wallet’s users and will assess the profiles for fraudulent practices.

The combination of Onfido’s AI-powered identity verification with BitGo’s multi-signature blockchain technology is expected to reduce fraud and enable a frictionless experience for users.

“We are privileged to partner with Civic and work together in pursuit of using blockchain for decentralized identity management,” said Husayn Kassai, CEO and co-founder at Onfido. “We bring trust to digital interactions worldwide, and we’re excited to be partnering with a company that shares our goal of making access to digital services simple and secure.”

Established in 2015, Civic is a blockchain identity-verification technology that allows consumers to authorize the use of their identities in real-time.

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by Megha Bhattacharya
Market Analyst at IBS Intelligence
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