Civic to Buy Identity.com Domain

The domain will become a blockchain platform for the exchange of user data
19 July 2018   755

American startup Civic has acquired the domain name identity.com. According to Vinny Lingham, CEO of the company, the domain will become a blockchain platform for the exchange of user data. This is reported by CoinDesk.

The identity.com platform will be a decentralized ecosystem. Thus, companies that own data will request the user's consent to the issuance of information. Blockchain will allow verifying the authenticity of the user's permission. After that, the company will be able to provide information to the data buyer.

Calculation on the platform will be performed in Civic (CVC) tokens. And thanks to smart contracts, payment will occur after the requesting company receives relevant information.

Previously, the domain was a portal for Internet real estate and belonged to the Inflection. Civic bought the domain name after Inflection stopped operating in this area of ​​business.

Vinny Lingham does not disclose the details of the negotiations and the amount of the deal. Nevertheless, he stated that he always considered the identity.com domain an ideal address for the promotion of his blocking project.

According to CEO Civic, this purchase is an important step not only for the company, but also for the development of the Web 3.0 concept.

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Top-3 Upcoming ICO 18th - 24th Nov. Acc. to Our Readers

Continue reading to get info on the latest ICO poll results
19 November 2018   9

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. Brain Space 

“The creation of an infrastructure that will become a strong foundation for the intellectual property market in the world, as well as reduce the process of identifying and developing the potential of authors to the level of access to the international arena at times”: the Brain Space team works to solve this task, because without the accessible, convenient and understandable procedures for registration and recording of the results of intellectual activity, and without the necessary and understandable tool it is difficult to imagine the achievement of the goal indicated in the strategies of a multitude of institutions scientifically technological development of the cultural sphere.

Brain Space ICO
Brain Space ICO

There's no info on Brain Space funds except pic above.

2. Cryptobuyer

Cryptobuyer started back in December of 2015 helping people in countries with high levels of hyperinflation and devaluation such as Venezuela and Argentina, where we had an unprecedented success with more than 40,000 registered users in a very short time and in an organic manner. Rapidly we continue to grow and start our operation with Crypto ATMs, becoming the definitive way to connect the FIAT world with the digital one, breaking down the educational barriers on this technology thanks to its ease of use. In 2018 we incorporated a practical point-of-sale solution that is already in use in more than 50 stores and that allows any merchants to easily accept crypto-currencies as a form of payment without having to worry about understanding the technology, breaking down another barrier for adoption. This set of solutions built from scratch by a solid foundational team with extensive experience in the area have made Cryptobuyer a 100% operational ecosystem, with real customers and merchants.


Cryptobuyer ICO

There's no info about ICO process except the pic above.

3. FinanceX

The FinanceX exchange platform enables users to trade using the local currency from a range of countries. This makes trading faster and easier as users can buy/sell cryptocurrencies directly instead of a slower and more difficult method using an intermediate, such as BTC or ETH. It also means that users can trade from many different countries with no added difficulty, setting us apart from other exchanges.


FinanceX ICO

175,000,000 FNX sold during tokensale. Great result!

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