Civic, a blockchain-based identity management platform, has partnered with Rentality, a car rental service from Web3, to introduce a new way to verify driver’s licenses and enforce age restrictions.
This partnership uses blockchain technology to bring a higher level of security and compliance to the car rental industry, starting on the Base network, according to a press release shared with crypto.news.
The concept, called the Civic ID Verification Pass, allows Rentality users to verify their identity and driver’s license online without having to visit a physical rental location. This verification process eliminates the need for middlemen, such as rental companies or agents, making it faster and more efficient.
Rather than making personal information public, the Civic system allows users to prove their identity privately while meeting legal requirements.
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How the Citizen ID Verification Pass works
For those unfamiliar with blockchain and Web3, the technology allows people to communicate directly through decentralized platforms, bypassing traditional third parties. Blockchain is a digital ledger that securely records transactions, making it useful for various industries. In this case, it helps users verify their identity and rent cars without the involvement of rental companies or insurance companies.
According to Civic CEO Chris Hart, this partnership ensures safety and compliance for both car owners and renters.
“The Civic ID Verification Pass allows users to verify their identity without disclosing sensitive information and helps providers meet know-your-customer (KYC) requirements. “Working together, Civic and Rentality will promote the safety of drivers and owner vehicles, in accordance with regulatory requirements, without the need for in-person verification.”
Chris Hart, CEO of Civic.
Rentality CEO Oleksandr Tatura said the partnership is already active in Miami and will soon be expanded to other US regions.
Rentality aims to streamline car rental by connecting renters and car owners directly. To rent a vehicle, users connect their crypto wallet to the platform, register and complete the verification process with a Civic ID pass. Payment can be made with different cryptocurrencies.
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Credit : cryptonews.net
