Civic and Votem Partner for First Ever Decentralized KYC Process
Votem is pleased to announce a partnership with Civic to launch the first-ever decentralized KYC process ever. Civic is a blockchain identity-verification technology that allows consumers to authorize the use of their identities in real time. The partnership brings trusted identity services to Votem, enabling a secure and transparent pre-sale, without the risks and costs associated with collecting and storing personal identity information.
Votem will leverage Civic’s technology to guarantee the identities of accredited investors participating in the sale of Secure Agreements for Future Tokens (SAFT) for their VAST Token.
Built on Ethereum as an EIP-20 token, The VAST token will enable users to cast and store votes on the blockchain. The VAST Token will provide secure and role-based access to the following standard features on the Votem Platform:
• Contest (Election) Creation & Set-Up
• Voter Access and/or Registration
• Simple Ballot Creation & Marking
• Ballot Submission/Validation/Storage
• Tallying and Results Reporting (with Audit Capabilities)
“Votem is honored to innovate and partner with Civic around the KYC process for our presale. We believe this will set a new standard for token sales and are honored to be working with them in this regard. We also think this sets the groundwork for a long-term strategic partnership around the secure and accurate authentication of voters since we share a common vision of making voting more secure, accessible and verifiable. Votem was founded to improve free and fair elections around the globe and with our partnership with Civic, we know that we have a solid partner to help us achieve our mission.”
-Votem CEO Pete Martin
“We are pleased to welcome Votem to Civic’s Partner Network and provide the first-ever solution for token sales and ICOs to provide reusable KYC services. This collaboration marks another milestone for Civic’s ecosystem and for on-demand, secure and low-cost access to identity verification services. This partnership is especially impactful, not only because it is the first CVC-powered KYC, but because Votem also falls squarely in line with Civic’s long-term vision of bringing decentralized democracy to life through blockchain technology. With Civic and Votem coming together, fair and secure digital voting starts now.”
-Civic CTO Jonathan Smith
Votem® is a blockchain-based mobile voting platform enabling citizens around the world to easily vote online with an unprecedented level of verifiability, accessibility, security and transparency. Founded in 2014, Votem is on a full out offensive in order to change the way we vote and believes that mobile voting will create positive change in the world by bringing modern voting to the world. Votem has more than 8.2 million votes on its blockchain platform. Votem has received praise and accolades from various institutions including the Cleveland Technology Awards and OHTech Best of Tech Awards.
Civic is a visionary blockchain identity-verification technology that allows consumers to authorize the use of their identities in real time. They are spearheading the development of an ecosystem that is designed to facilitate on-demand, secure, and low-cost access to identity-verification services via the blockchain. Civic recently introduced a Civic token that participants in the ecosystem will use to provide and receive identity-verification-related services. The company sold $33 million of its tokens during its token sale event in June 2017. For more information, visit https://www.civic.com.
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