Creating a new financial system starting with beer, cigarettes and crypto tokens

Through his startup Civic, which released its CVC crypto token in the summer of 2017, Lingham is building a self-sovereign identity platform.

By Bailey Reutzel

1 min read

Vinny Lingham has big ambitions. Through his startup Civic, which released its CVC crypto token in the summer of 2017, Lingham is building a self-sovereign identity platform. And while the technology is currently being used mainly in so-called automated retail (aka vending machines) for the purchase of two restricted goods–alcohol and cigarettes–he believes this type of tokenization could eventually lead to a more open financial system.

Check out the video below as he explains more about Civic's ambitions.

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