Optitoken Partners with Civic Technologies for KYC Implementation

in #bitcoin7 years ago

Optitoken is pleased to announce a strategic partnership with Civic Technologies  Inc., the company revolutionizing digital identity with its Blockchain-based technology. The partnership brings trusted, secure  identity services to cryptocurrency and ICO’s and enables Optitoken to carry out a secure and fluid token sale. “Civic integrates perfectly with our needs as a company. We look forward to a continuing relationship with Civic for transparent identification protocols”, said Sean Donato, Optitoken’s ICO.

On behalf of Civic, CEO Vinny Lingham stated that “we are pleased to welcome Optitoken to  Civic’s Partner Network. This collaboration marks another milestone for  Civic’s ecosystem and for on-demand, secure, and low-cost access to  identity verification services.”

Civic will help enable reusable KYC and identity verification for the duration of Optitoken’s Initial Coin Offering. This will help verify the identity of our buyers to make sure we comply 100% with our local regulations. By using an external service such as Civic, which is born out of the cryptocurrency industry we belong to, we are guaranteeing an excellent completion of our ICO without having to use our own team to do so. 


About Optitoken

Optitoken  is the first algorithmically traded, hyperdeflationary currency, that derives its value from a carefully curated token basket. Profits from  the automatic trading of the portfolio are used to regularly buy Optitoken on exchanges, creating buy pressure and volatile price action. These tokens are then destroyed, creating further value. Our ICO is  open to buy the initial token basket. For more information visit https://optitoken.io


About Civic

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 about Civic or to become a Civic business partner,  visit https://www.civic.com.

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Great news!
The KYC requirement has always seemed to me the best in the process of participating in the market for crypto currencies and especially in the launch of an ICO, the partnership partnership with Civic Technologies Inc. is a great hit to strengthen the project.
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