Concordium is an open-source, privacy-focused smart contract blockchain network that launched in June 2021. The native cryptocurrency used to transact with one another and execute smart contracts is CCD . 

 

The network runs on a Nakamoto-style blockchain secured through delegated Proof of Stake and features self-sovereign identification at the protocol level, fast finalization and stable transactions costs on a EURO basis. In addition, users’ privacy is protected by Zero Knowledge Proofs, which guarantee a certain level of confidentiality.

 

Thanks to its regulatory readiness, focus on privacy and stable transaction costs, Concordium is particularly well-suited for enterprise adoption and RegDeFi (Regulated-Decentralized-Finance) applications.

 

Concordium is developed by the Concordium Foundation, a non-profit based in Switzerland.