The idea of id is sort of a polarising one in cryptocurrency. People overlook generally 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 right this moment now we have quite a few completely different views and 1000’s of tasks, some with related targets, some with differing ones.
Concordium is a layer-1 blockchain venture which embeds encrypted ID into each transaction that happens on the community. This 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 lot of business does materialise because you do not know who you are transacting with”, and asserts that this id is significant to realize belief within the area.
Other subjects akin to whether or not regulation is a constructive factor (one other factor that will ship maxis right into a match), the strengths of decentralisation and the present market setting 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 may be listened to on Spotify here