Concordium

Concordium is the first blockchain with identification built into the protocol to meet regulatory requirements while delivering a user-friendly platform that can handle smart contracts.

In recent times, blockchain technology has emerged as a groundbreaking innovation, promising to rationalise financial systems and facilitating user-owned platforms, provenance, and rights registration. This technology employs a secure and efficient method of storing and linking data in blocks.

While blockchain holds immense potential, it needs to mature in terms of safety, accountability, and user-friendliness before mainstream businesses can leverage its full potential. Concordium, developed by experienced professionals with global multi-sector expertise, aims to provide a mature and reliable blockchain technology to businesses worldwide.

Notably, Concordium benefits from the collaboration of the Concordium Blockchain Research Center Aarhus (COBRA) at Aarhus University and the Swiss Federal Institute of Technology (ETH), ensuring that its technology is grounded in cutting-edge research and development. This partnership enables Concordium to offer businesses a reliable and innovative blockchain solution that meets the demands of the modern digital landscape.

Standing as the first blockchain to integrate identification seamlessly into its protocol, enabling it to meet regulatory requirements while simultaneously delivering a user-friendly platform capable of managing smart contracts, Concordium is well-positioned to support the development of true infrastructure on blockchains, empowering businesses to leverage the full potential of this transformative technology.

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About the investment

Invested in March 2021

Founders

Lars Seier Christensen , Ueli Maurer , Simone Monnerat & Bjørn Krog Andersen

Website

concordium.com

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