Civic has an interesting take on BlockChain technology, digital identity-verification. This is a crucial use case for a variety of industries, as security breaches and data theft are on the rise. It is estimated that in 2016 alone, 15.4 million adults in the U.S. were victims of identity fraud resulting in a loss of $16 billion, while globally almost 1.1 billion identities were stolen last year. It has been reported that personal identity information is the most common form of data stolen. Given such problems are growing at a fast pace, a blockchain-based solution to secure and protect identities by Civic may be able to make a difference.
As Civic is adopted by more and more entities, its token may be the next big thing in the cryptocurrency space. Civic at its core is already an extremely low risk investment, but with the plethora of upcoming news and announcements, Civic serves as both an excellent long-term investment, as well as short-term. In fact, it is rumored to be the next PBC coin.
On the top of the list for upcoming news, there is one that could be a game changer for Civic. It is described by insiders as the biggest “fundamental update” since their whitepaper in December. It is also reported that the team has live NDA’s and live pilots running with large public companies, this according to the CEO himself, Vinny Lingham. This, coupled with the fundamental update, makes Civic a definite candidate for best investment for the end of 2017 and beyond.