Is Bridge Protocol better than Civc ?

minh7296 (37)in #bridgeprotocol • 7 years ago

Hi guys , in the last articles review , i showed you about Bridge Protocol — built new tools and standards for businesses, KYC and ICOs. Bridge interfaces with NEO framework and allows users to manage, protect and utilize sensitive information in new ways. The Protocol offers a new standard for whitelists and allows participation in multiple ICOs. Bridge Certificates build trust so users can transact with confidence.

HOWEVER ,there is a project that solves the same problem like Bridge Protocol , help investor deal with KYC/AML problem and identity themselves for ICO sale . That’s are CIVIC project which ended ICO sale in last July successfully . Can Civic be competitor with Bridge Protocol? Now , i will show you the diffences between these two projects , so you can choose the right one to invest .

Underlying Blockchain
Bridge Protocol interfaces with NEO framework and allows users to manage, protect and utilize sensitive information in new ways.
Civic is based on Bitcoin and Rootstock smart contracts
Project Purpose
Bridge protocol is borned for degitalization and automation of legal agreements combined with blockchain intergration and KYC and AML standards .
Civic project is borned for verification of previous audited personal identity information by third parties without the need to share the information between those parties .
Project Concept
Bridge Protocol is marketplace for indentification and legal microservices
Civic is identity verification services which is provided by Civic and third parties
Cost-Cutting Priciple
Bridge Protocol is a universal KYC adhering to standards can be used in multiple process.
Civic is a verification by trusted providers attested on blockchain can be reused by others
How they work ?
Bridge protocol : User provides the information , then select a verifier’s services on the marketplace , verifier creates user’s digital ID tied to blockchain.
Civic : Providers attest to verified identity information on blockchain , other providers pay to access this verification .
What is on chain ?
BridgeProtocol : Historical record and operational tasks and NOT personal information
Civic : Hashed Attestation to user’s ID attributes and NOT personal information
Storage of personal data
Bridge protocol : Personal datas remain off-chain , and if viwed or collected , gets destroyed by verifier
Civic : Personal data stored on device and backed distributed data storage .
Accessing the ecosystem
Bridge Protocol access via storefront where providers offer their microservices
Civic access via the app intergrating civicand 3rd party provider’s services
Ecosystem Economic
Bridge Protocol: Service provider change user for accessing their microservices
Civic : Service providers pay validators for ID attestation , validator determines a price .
I have just tell bridge procol project and civic project apart , in my own opinion ( just my own ) , Bridge Protocol is safer , more convience and much more private . To the economy view , Bridge protocol also help you to earn more money profit because this project is still on ICO time , if you get it right now , you will only have to pay with much lower price .