Concordium is a public Layer 1 blockchain platform designed for security, privacy, and scalability. Concordium mandated identity verification at the blockchain consensus level while integrating zero-knowledge proofs (ZKPs) for selective disclosure. Launched in 2018, it embeds encrypted identity into every transaction at the protocol level, enabling accountability while preserving user confidentiality.
Its native cryptocurrency, CCD, powers the ecosystem, facilitating transaction fees, staking, node operator rewards, and serving as collateral in Concordium’s DeFi landscape.