Civic Pass helps create a permissioned environment, based on digital identity, for DeFi or any dApp. Civic provides an identity verification solution, through Civic Pass, that a dApp or DeFi platform can use as an input to their compliance program to determine which participants meet their verification standards prior to allowing them the ability to use the product or service.
Users are guided to use Civic's identity verification technology solution from the requesting dApp or DeFi platform. Once the user has completed the Civic Pass screening process, the dApp or DeFi platform will use the results of the screening to allow users to use their product or service. Civic leveragesIdentity.com’s protocol to enable use of each granted Civic Pass.
As the user continues to use the dApp or DeFi platform’s product or service, Civic Pass can also continue to monitor users for ongoing adherence to the rules, enabling platforms to make decisions, such as to revoke access should a breach of rules occur.