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Votem partners with blockchain startup Civic for presale KYC process

Blockchain identity startup Civic has teamed up with Votem, a blockchain-based mobile voting platform, to launch the first CVC-Powered Know-Your-Customer (KYC) process.

The partnership is aimed at ensuring the security and transparency of the KYC and accreditation processes during Votem’s presale. Votem kicked off a public token presale for accredited investors beginning February 27 and is scheduled to end on March 29.

Under the partnership, Civic will register and authenticate Votem's presale participants without the need for usernames and passwords, and verify their identity using blockchain-powered attestations. Users store their identity documents and attestations using the Civic App and can reuse the attestations with upcoming ICOs. Civic said that its decentralized ID verification & KYC model represents a new level of security and professionalism in the token sale process and will help ensure that Votem's process is secure from start to finish.

"We are pleased to welcome Votem to Civic's Partner Network and provide the first-ever reusable KYC services for token sales and ICOs. This collaboration marks another milestone for Civic's ecosystem and for on-demand, secure and low-cost access to identity verification services," said Civic CTO, Jonathan Smith. "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."

Votem is a technology platform that enables citizens, organizations and governments to easily manage or participate in online voting. It enhances the effectiveness of voting by ensuring the integrity of the voting process; the confidentiality of the voters' choices; and validity of the results - for both private and public-sector elections.

"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," said Pete Martin, CEO of Votem.

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