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The Only Layer-1 Blockchain
with Built-in ID Framework

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Compliant by design
Confidential by nature

Trust in tomorrow

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.

ID built-in

Privacy-centric, public Blockchain

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.

Confidential and accountable

Permissionless, compliance-ready blockchain

Confidentiality and accountability are the cornerstones of Concordium. In fact, they’re what separate us from other blockchain platforms. In a nutshell:

Before transacting on the blockchain, every account on the Concordium network is linked to a real ID, checked by third-party “identity verifiers”.
Utilizing zero-knowledge-proofs (ZKP) allows parties to verify information without exchanging or storing that information on-chain other than hash functions, so users can trust that their confidential business will become no one else’s business.
However, “anonymity revokers” can withdraw privacy, and identity verifiers can reveal suspected malign users to combat fraud and other criminal activity, if required by law enforcement.

This unique approach to privacy also means businesses and developers can feel 100% confident their distributed applications can withstand regulatory scrutiny (especially DeFi applications).

A high performing distributed execution environment for everyone

Privacy-centric, public Blockchain

Concordium exhibits top-tier features in throughput, speed, security, and stability as a state-of-the-science blockchain.

Regulatory compliance

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.

Privacy-focused

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.

Fast finalisation

With Concordium, you have a unique finalisation scheme guaranteed – not days, not hours, but seconds. And all with no rollbacks.

Low, stable transaction fees

Our native token $CCD is pegged to fiat currencies (USD or EUR), so transactions fees are low, stable and predictable.

Low carbon impact

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.

Using Concordium

Privacy-centric, public Blockchain

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:

Business

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

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

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.

Running on Concordium

Trust in tomorrow

The Concordium blockchain relies on various actors.

Builders and Distributed Application Developers

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:

Asset Issuance, tokenization
Decentralized finance (automated market making, borrowing and lending, decentralized exchanges) and GameFi
Identity Governance Administration (IGA) and Privacy Enhancement Technologies (PET)
Supply chain traceability and business settlement
Insurance contracts and predictive markets

Node Operators

Node operators, also known as “bakers”, run the Concordium Node Client software on their computers or on a dedicated server.

On staking a determined amount of $CCD, they can take part in the chain consensus to “bake” (i.e. validate) blocks and secure the network
We reward bakers for their commitment and work with a share of the network fees and newly minted coins proportional to their stake
Bakers staking more than 0.1% of the circulating tokens are eligible to take part in the block finalisation

KPIs

Trust in tomorrow
12
sec

Average finalisation time for a transaction on Concordium, after which the risk of roll-back is prevented.

69+
peer-reviewed science papers

The science that sits behind Concordium’s technology has been peer-reviewed by experts at many of Europe’s and Asia’s top universities.

108.6
kWh / year

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.

"Concordium supports regulatory compliance with built-in user identity at the protocol level, allowing businesses to harness the power of blockchain technology."

Lars Seier Christensen
Chairman of the Concordium Foundation

Concordium Wallets

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Concordium Wallet are available on iOS, Android, Windows, MacOS and Ubuntu.

Mobile Wallet

Desktop Wallet

Concordium Technical Roadmap

The compliance-ready public blockchain for all

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.

Sirius
Q2, 2022
  • Delegation to pools and lock-up pool  
  • Memo functionality on transactions and possibility for sub accounts 
  • Account alias
  • Token standards - design patterns for token development (CIS-1)
  • Update of smart contract framework - configurable sizing and sync calls
  • CCDScan - Visual explorer for blockchain data
  • Mobile Wallet usability upgrade
  • Exchange and custodian wallet integration
  • Software Development Kits - Go, .NET,  NodeJS extension for Dapp development
  • Improved developer documentation
Vega
Later on
  • Scalability through sharding beta
  • Additional key management features and account policy
  • Tools for decentralized node governance 
  • Token swapping mechanism
  • Bi-directional bridge - connecting CCD to the wider ecosystem and bringing stablecoins to Concordium
  • Oracle support - connecting CCD to mainstream finance
  • Web based wallet -  full CCD functionality supporting Dapps and Identity management
  • Local development environment for smart contract development
  • Smart Contract Development framework - compile, test, deploy workflow 
  • Extensive web3.js library
  • Smart contract libraries 
  • Asset store and developer portal upgrade
  • Smart contract reference implementations
  • Standardized Cloud and IPFS storage integrations
Polaris
Later on
  • Initial formal verification of smart contracts
  • Additional smart-contract languages - smart contract compilers
  • State proofs to improve node queries and restart
  • New consensus protocols - configurable consensus
  • Data stores - blockchain data indexer for real time queries
  • Node hosting and exposure
  • Regulatory and compliance assets - Compliance as a service
  • Transaction monitoring as a Service
  • Smart contract reference implementations
  • Workbench integrations
  • Web and desktop based smart contract IDE
  • Decentralization governance framework
  • Asset store and developer portal upgrade
Orion
Later on
  • Software certification
  • Anonymous transfers with accountability
  • Reward mechanism update 
  • Randomness for smart contracts
  • Workbench integrations
  • Automated backend infrastructure for Dapp development
  • Decentralized product governance contributions
FREE AND OPEN

Grant Programmes

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 Team

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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.

Concordium Press Releases

Permissionless, compliance-ready blockchain

Press releases from Concordium.

Jun 1, 2022
Media mentions

More Regulation, Less Scams: What the Future of Blockchain Looks Like

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.

Jun 1, 2022
Media mentions

What the Future of Blockchain Looks Like

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.

May 27, 2022
Media mentions

Checking In On Our Bullrun Assumptions In Bitcoin Winter: Interviews With Brock Pierce And Other Blockchain Leaders

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.

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