The idea of id is sort of a polarising one in cryptocurrency. Individuals overlook generally that Bitcoin grew out of a distinct segment nook of the Web, birthed from ultra-liberertarian beliefs with self-soverignety, anonymity and independence central to the thesis.
In fact, cryptocurrency has concerned past Bitcoin, and right this moment we’ve quite a few totally different views and hundreds of tasks, some with related targets, some with differing ones.
Concordium is a layer-1 blockchain undertaking which embeds encrypted ID into each transaction that happens on the community. That is intriguing as a result of it goes in opposition to what some pursits would describe as the unique Bitcoin imaginative and prescient.
We sat down for a fast mini-podcast with Concordium CEO Lone Fonss Schroder to get extra of an perception into this, who says that “a variety of enterprise does materialise since you have no idea who you might be transacting with”, and asserts that this id is important to achieve belief within the area.
Different matters resembling whether or not regulation is a constructive factor (one other factor which will ship maxis right into a match), the strengths of decentralisation and the present market atmosphere have been mentioned, and whereas time constraints prevented Dan and Joe digging into Schroder’s solutions too deeply, they’ll be placed on the agenda for subsequent time.
Podcast will be listened to on Spotify here