Civic Technologies, a digital identity solutions innovator based in San Francisco, announced on June 16 that its Civic wallet is now available on the App Store and Google Play.
The Civic Wallet has also partnered with Circle Medical, a San Francisco hospital. Together, they will act as a test vaccination tool for the Covid-19 for Circle Medical employees.
Five hundred Circle Medical employees will be able to take the Covid-19 test at the Circle Medical testing site located in the San Francisco Bay Area. They say new locations will be added in the future.
More than 100,000 people signed up for the application’s private beta waiting list. Since its launch on Monday, the application has been downloaded more than 12,000 times.
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A health check tool with a focus on privacy
According to Civic, its technology is designed to protect the privacy of each individual’s identity in the first place, users can control which information they wish to avoid sharing. The company explained:
„When a user registers with the Civic Wallet, they are authenticated as a real person, using both AI and blockchain-based technology. Once verified, Civic Wallet holders have more control over the information they share with third parties. For example, Civic Wallet users may share their health password but not provide their name or address to a requesting company.
George Favvas, co-founder and CEO of Circle Medical, said, „Civic is not only compliant from a regulatory standpoint, but also deeply committed to doing what is right for its users.
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Civic Wallet says goodbye to opening sentences and passwords
Unlike other crypto wallets, the Civic Wallet no longer requires users to remember passwords or initial phrases.
The wallet’s multiple signature access feature allows escrow companies, such as BitGo and Coincover, to hold part of a user’s password. Even if users lose their phones, the funds should theoretically be retrievable.
As Cointelegrah reported earlier, Coincover, which is insured by Lloyd’s of London underwriters, would provide Civic Wallet with „FDIC-like insurance“ for holdings in crypto currencies of up to $1 million.