Concordium
Information by leejuji
Concordium is a proof-of-stake, layer-1 blockchain developed with a strong focus on meeting the needs of businesses and regulatory requirements. Founded by the Concordium Foundation, a non-profit organization based in Switzerland, its mission is to create a blockchain that balances privacy with accountability. A key differentiator is its integrated identity layer, which allows users to verify their real-world identity while interacting pseudonymously on-chain, with the option for a designated authority to reveal identity if legally required. This "private-but-not-anonymous" model aims to facilitate enterprise adoption, DeFi applications, and other use cases that require compliance with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. The project is backed by extensive peer-reviewed academic research and is led by a team with deep experience in finance, technology, and cryptography.
Switzerland
Industry
- CryptocurrencyPRIMARY
Crypto
- KYC
Technology