The idea of id is kind of a polarising one in cryptocurrency. People overlook 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 at present we’ve got quite a few totally different views and hundreds 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. 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 important to realize belief within the area.
Other matters corresponding to 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 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
