About

Concordium is a science-based proof-of-stake blockchain, the first in the world with identification built into the protocol and designed to meet regulatory requirements. See our Chairman of the Foundation, Lars Seier Christensen, describe the vision of Concordium. 

Concordium is trying to solve the quadrilemma of scalability, security, decentralization, and regulation. We believe it is necessary to solve for compliance and regulatory requirements in order to unlock trillions of potential business transactions using blockchain.

Concordium CCD is a standard blockchain asset with customizable options, directly in Layer-1. Concordium is supporting secure transfers and immediate transaction settlement for multiparty transactions built in Layer-1. Concordium Smart Contracts in Layer-1 are stateless smart contracts with numerous possibilities for governed operations. These capabilities can be applied to different sectors and industries, such as IoT, Supply Chain finance, Mobility-as-a-service, as well as tackling interoperability between other platforms and blockchains.

Yes. You can read more about it   here and here.

The Concordium Platform is designed to be fast, secure and cost-effective, which is why Concordium and Kudelski Security have been working together to perform threat modeling, code review, and “scenario based” assessment of the underlying code and logic of the Concordium software. The scope of work is split into four categories: Device, Network, Backend and Reverse Engineering.

We are satisfied with the audit returns and positive feedback and will continue to do everything to make Concordium as secure as possible. However, we understand that in the world of security there is never an end to the work that can be done, therefore we ask our community to help us identify potential vulnerabilities by submitting a report or alerting the team and the community on our community channels on Discord or Telegram.