The idea of id is sort of a polarising one in cryptocurrency. Folks 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.
After all, cryptocurrency has concerned past Bitcoin, and as we speak we’ve quite a few completely different views and 1000’s of initiatives, some with comparable 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 “loads of enterprise does materialise since you have no idea who you’re transacting with”, and asserts that this id is important to realize belief within the area.
Different matters reminiscent of whether or not regulation is a optimistic factor (one other factor which will ship maxis right into a match), the strengths of decentralisation and the present market setting 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