Welcome to Concordium’s blockchain.
A blockchain that’s compliance ready with today’s and tomorrow’s economies. That enables private and public transactions. That offers high throughput, fast transactions, and predictable fees. That allows businesses, developers, and traders to harness blockchain’s true power and potential.
Any of that sound good to you?
Well, that’s Concordium. Made for the future economy.
Concordium’s decentralised blockchain technology is the first with layer-one ID built into the protocol. This means it offers forward-thinking businesses, application developers, and cryptocurrency traders unrivalled security, privacy, transparency and most importantly, compliance with regulations, if and when these come through.
Confidentiality and accountability are the cornerstones of Concordium. In fact, they’re what separate us from other blockchain platforms. In a nutshell:
This unique approach to privacy also means businesses and developers can feel 100% confident their distributed applications can withstand regulatory scrutiny (especially DeFi applications).
Concordium exhibits top-tier features in throughput, speed, security, and stability as a state-of-the-science blockchain.
Our unique ID disclosure mechanism – with an ID-layer at the protocol level – allows regulators to revoke privacy to identify suspected bad actors and illegal transactions.
Our unique protocol-level ID layer uses self-sovereign ID and zero-knowledge proof to protect privacy. This creates trust for users, while meeting regulatory compliance.
With Concordium, you have a unique finalisation scheme guaranteed – not days, not hours, but seconds. And all with no rollbacks.
Our native token $CCD is pegged to fiat currencies (USD or EUR), so transactions fees are low, stable and predictable.
Using Proof of Stake to achieve blockchain consensus is 80%+ more energy efficient than Proof of Work approaches. Using fewer nodes and compiled programming languages limit energy use further.
The Concordium blockchain offers a distributed execution platform to various ecosystems, so participants can replace legacy platforms with digitised, automated, and intermediary-free interactions. Ecosystems become more transparent and markets become more efficient by transacting securely on the distributed ledger, using programmable settlements.
Here's the value Concordium brings to:
Confidentiality and accountability are two “must-haves” when transacting globally. Concordium’s network supports these principles cost-effectively, while fully accommodating regulatory requirements.
End-users of distributed applications can adopt the first and only blockchain that truly spans both the current regulatory-compliant financial world and tomorrow’s new DeFi world.
Public authorities are duty-bound to protect people and prosecute malign, fraudulent or criminal activity. Concordium provides mechanisms for legitimate agencies to achieve this, while maintaining the integrity and privacy of law-abiding organisations and individuals.
The Concordium blockchain relies on various actors.
Concordium offers a unique environment to build decentralised applications and shared tools, using powerful programming languages (Rust, WASM and Haskell). Distributed applications developers can build using Concordium include:
Node operators, also known as “bakers”, run the Concordium Node Client software on their computers or on a dedicated server.
Average finalisation time for a transaction on Concordium, after which the risk of roll-back is prevented.
The science that sits behind Concordium’s technology has been peer-reviewed by experts at many of Europe’s and Asia’s top universities.
Energy to run a node on Concordium is equivalent to fully charging an electric car, or 12 litres of petrol) and a lot less than other platforms that use Proof of Work. We continually strive for better sustainability.
Our technology roadmap is a dynamic and living thing, like all engineering work is. Here’s an overview showcasing the journey we’re on to deliver what we’ve promised to.
This ambitious programme, run in an open-source way, aims to fund projects that support both the Concordium and RustLang ecosystems.
The Concordium Free & Open Grants Programme allocates resources to open-source developers and projects that benefit and advance the Concordium ecosystem.
Concordium brings together world-class cryptographic researchers, outstanding software engineers, and business leaders with global enterprise experience across multiple disciplines and industries. This unique mix of competencies and backgrounds enable the women and men of Concordium to bridge the gap between science, development, and day-to-day use.
Lars Seier Christensen is Chairman of the Swiss non-profit Concordium Foundation. With over 30 years of experience across the banking and financial sector, Seier Christensen is a global pioneer in FX and derivatives trading, having co-founded the online trading and investment platform Saxo Bank in 1992. He served as co-CEO of Saxo Bank for more than 20 years, in which time the bank grew to 1,500 employees across 150 locations serving customers in 170 countries. SaxoTrader, the bank’s flagship online trading offering, was launched in 1998 and was one of the first online FX trading platforms in the world. SaxoTrader has since grown to become one of the world’s most complete multi-asset trading platforms. Seier Christensen is also the founder and sole owner of Seier Capital, a private equity and venture capital firm which specializes in investments in angel, seed, and A-round stage companies. The firm invests in art & fashion, financial services, food and beverages, sports & entertainment, social media, and technology industries.
Michael Jackson serves as an advisor to Concordium. Mr Jackson was the COO for Skype for the first four years, creating a €400Mio product line. Following this, and ten years as Partner in leading Venture Capital fund Mangrove Capital , Michael is deeply involved in the Crypto ecosystem. He was an early member of Bitcoin Foundation, member of the board of Blockchain.com, advisor to several projects and author of widely cited reports and comment pieces on the disruption of Asset Management and Private Equity by Distributed Ledger based blockchain. Michael also sits on the board of large, systemically regulated companies – AXA Insurance, Volvo Cars and Luminor Bank keeping day to day knowledge with current needs and trends of mission critical companies and technology. He is also a guest lecturer at University College London MBA on the Business of Telecoms
Press releases from Concordium.
Blockchain technology has revolutionized government, finance, insurance, and personal identity security. By 2025, it’s predicted that corporations will be spending $20 billion annually on blockchain technical services. Tech giant IBM is investing more than $200 million in research and over 90% of European and US banks investigating blockchain options.
Blockchain technology has revolutionized government, finance, insurance, and personal identity security. By 2025, it’s predicted that corporations will be spending $20 billion annually on blockchain technical services. Tech giant IBM is investing more than $200 million in research and over 90% of European and US banks investigating blockchain options.
Blockchain technology has revolutionized government, finance, insurance, and personal identity security. By 2025, it’s predicted that corporations will be spending $20 billion annually on blockchain technical services. Tech giant IBM is investing more than $200 million in research and over 90% of European and US banks investigating blockchain options.
Blockchain technology has revolutionized government, finance, insurance, and personal identity security. By 2025, it’s predicted that corporations will be spending $20 billion annually on blockchain technical services. Tech giant IBM is investing more than $200 million in research and over 90% of European and US banks investigating blockchain options.
In the early summer of 2021, it was a popular idea that Bitcoin (CRYPTO: BTC) may be a safe-haven asset, hypothetically independent of traditional markets.
In the early summer of 2021, it was a popular idea that Bitcoin (CRYPTO: BTC) may be a safe-haven asset, hypothetically independent of traditional markets.