Concordium offers a trustable state-of-the-science solution with self-sovereign identification at the protocol level and confidentiality using Zero Knowledge Proof cryptography. Concordium Blockchain is designed and built to provide a distributed execution platform that supports regulatory compliance for Fintech and other industries.
Concordium is a public-permissionless layer one blockchain with leadership from Volvo, IKEA, Credit Suisse, and more. To date, it has raised 52M EUR, and partnered with Geely, a global automaker and co-owner of Volvo Cars, Volvo AB, and Daimler.
Concordium embeds encrypted ID into every on-chain transaction, making it part of ID credentials available to smart contracts, whilst preserving privacy. The platform's native coin, CCD, is used for paying transaction fees, staking, rewards for node operators, and as a collateral/settlement medium for Concordium’s DeFi landscape.
