The idea of id is kind of a polarising one in cryptocurrency. People neglect typically that Bitcoin grew out of a distinct segment nook of the Internet, birthed from ultra-liberertarian beliefs with self-soverignety, anonymity and independence central to the thesis.
Of course, cryptocurrency has concerned past Bitcoin, and immediately we have now quite a few completely different views and 1000’s of initiatives, some with related objectives, some with differing ones.
Concordium is a layer-1 blockchain challenge which embeds encrypted ID into each transaction that happens on the community. This is intriguing as a result of it goes towards 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 lot of business does materialise because you do not know who you are transacting with”, and asserts that this id is significant to achieve belief within the house.
Other matters comparable to whether or not regulation is a optimistic factor (one other factor that will ship maxis right into a match), the strengths of decentralisation and the present market surroundings had 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 could be listened to on Spotify here