Outside Source
Civic, a blockchain-based identity management platform, has teamed up with Rentality, a Web3 car rental service, 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 needing to visit a physical rental location. This verification process eliminates the need for intermediaries, such as rental companies or agents, making it faster and more efficient.
Instead of publicly revealing personal information, the Civic system enables users to prove their identity privately while complying with legal requirements.
How the Civic ID Verification Pass will work
For those unfamiliar with blockchain and Web3, the technology enables people to interact 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 identities and rent cars without involving rental agencies or insurance companies.
According to Civic CEO Chris Hart, this collaboration ensures safety and compliance for both car owners and renters.
“With the Civic ID Verification Pass, users can verify their identity without publicly revealing sensitive information and providers can comply with know-your-customer (KYC) requirements. By working together, Civic and Rentality encourage the safety of drivers and cars belonging to owners in line with regulatory requirements without needing in-person verification.”
Chris Hart, CEO of Civic.
Rentality’s CEO, Oleksandr Tatura, mentioned that the partnership is already live in Miami and will soon expand to other U.S. regions.
Rentality aims to streamline car rentals 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 using various cryptocurrencies.
This article first appeared at crypto.news
