Privacy-centric blockchain Concordium has finalized its MVP testnet and concluded a private sale of tokens to fund further development. Late February Concordium announced joint venture cooperation between Concordium and Geely Group, a Fortune company and automotive technology firm. Concordium recently completed Testnet 4, which saw over 2, self-sovereign identities issued and over 7, accounts created, with more than 1, active nodes, bakers, and over 3, wallet downloads. The successful testnet led to the release of Concordium smart contracts functionality based on RustLang, with a select group of community members participating in stress-testing the network. Test deployments for smart contracts included gaming, crowdfunding, time-stamping, and voting. Concordium has fielded strong demand from DeFi projects looking to build on a blockchain with ID at the protocol level.
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- concordium token
- Higher valuations and bigger teams in the Crypto Valley
- WATCH NOW: CoinDesk LIVE Presents Beyond ICOs: The Future of Tokens
- Concordium: A proof-of-stake Blockchain designed with business applications in mind
- How digital identities will help realise the true potential of DeFi
- Northstake to provide staking solutions on Concordium Blockchain
- Exclusive: Telegram is holding a secretive second pre-ICO sale
- Star Trek Online Wiki
Blockchair News Aggregator allows you to stay on top of all crypto-related news, in just one place. News Aggregator brings you news in 11 languages from more than biggest crypto media platforms. In mid-May , the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the.
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Higher valuations and bigger teams in the Crypto Valley
The two Danish crypto brands share a vision of compliance and security. Larnaca, Wednesday, 24 March Danish-owned cryptocurrency investment fund ARK36 has participated in a private sale of GTU tokens issued by Concordium, a new, state-of-the-art blockchain project built for business and focused on regulatory compliance and privacy. Concordium is a compliance-ready blockchain that meets the most critical regulatory demands of today. With inbuilt ID at the protocol level and zero-knowledge proofs, Concordium maintains a balance between compliance, identity, and privacy, where parties are identified in a private way and data is public but encrypted. Concordium combines a strong emphasis on governance with rigorous technology development. Concordium has seen some early market traction, signing a joint venture agreement with Geely Cars of China.
WATCH NOW: CoinDesk LIVE Presents Beyond ICOs: The Future of Tokens
On July 31, , J. Willett launched the first-ever ICO, Mastercoin now Omni , and tomorrow will mark 6 years since this monumental occasion. In light of this milestone and the ever-changing fundraising landscape, we have included commentary below from leaders in the blockchain and crypto space. Additionally, some high profile scam ICOs damaged sentiment and the overall attractiveness of this investment vehicle further. National regulators have also prosecuted several ICO projects for breach of securities regulations. As we have come through the bear market and the industry has matured, many companies are seeking to raise capital in a more compliant manner where regulation exists, or in a way that they think will be compliant within future regulation. Several successful issuances have now happened across various jurisdictions and the proposals are far more mature in their approach to presenting a viable investment opportunity.
Concordium: A proof-of-stake Blockchain designed with business applications in mind
Blockchair News Aggregator allows you to stay on top of all crypto-related news, in just one place. News Aggregator brings you news in 11 languages from more than biggest crypto media platforms. In mid-May , the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the. When at least three miners do not confirm the Bitcoin transaction, it remains unconfirmed and unconfirmed transactions can be canceled.
How digital identities will help realise the true potential of DeFi
Blockchain technology , the distributed ledger system that underpins the digital currency Bitcoin, is getting a lot of attention from Wall Street lately. With uses ranging from cross-border payments to settlements and clearing of over-the-counter derivatives to streamlining back-office processes, the potential for disruption in the financial industry and elsewhere is growing more real each day. Ethereum was developed to augment and improve on bitcoin, expanding its capabilities. Its blockchain is built with a turing-complete scripting language that can simultaneously run such smart contracts across all nodes and achieve verifiable consensus without the need for a trusted third party such as a court, judge or legal system. It can also be used to execute bets and wagers, to fulfill employment contracts, to act as a trusted escrow for the purchase of high-value items, and to maintain a legitimate decentralized gambling facility. This, however, is likely to change as the protocol is developed further.
Northstake to provide staking solutions on Concordium Blockchain
A centralized database can also replicate itself and maintain high availability without significantly compromising that transaction rate using the distributed system technique known as Optimistic Concurrency Control. The key ingredient? Furthermore, and much to our surprise, it can be implemented using a mechanism that has existed in Bitcoin since day one. The Bitcoin feature is called nLocktime and it can be used to postdate transactions using block height instead of a timestamp. In Solana, we use a far more granular verifiable delay function, a SHA hash chain, to checkpoint the ledger and coordinate consensus. With it, we implement Optimistic Concurrency Control and are now well en route towards that theoretical limit of , transactions per second. Home Products View Exchange Blog. Log in.
Exclusive: Telegram is holding a secretive second pre-ICO sale
The wave of NFT attention in has led many newcomers to seek ways to enter the Non-Fungible Token ecosystem from a variety of routes. However, the convenience of buying an NFT directly with a credit card is something that some users may prefer, and this has only recently become an available service. Switchere serves as a fiat on-ramp, meaning it is one of the minority of exchanges that allow people to convert fiats like USD and EUR into crypto as well as trade crypto to crypto. As a licensed company that adheres to legal compliance, it offers a secure infrastructure that many decentralized exchanges leave to smart contracts.
Star Trek Online WikiRELATED VIDEO: The Vision of Concordium
Enterprise blockchain platform Concordium is demonstrating an appetite for adoption with the successful launch of its incentivized third testnet. Within the first day of launch, over 1, users had undergone the mandatory digital identity check, which is a prerequisite for creating a user account. The project also attracted 16, views, resulting in a network of over nodes now participating in its decentralized consensus. Users who join the testnet and complete testing activities are eligible for a share of 10 million native GTU tokens. Many businesses demonstrated their enthusiasm by investing in various ways to deploy smart contracts and decentralized applications. However, over recent years, interest has receded with most enterprise use cases deployed on private or permissioned ledgers.
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Privacy-centric blockchain, Concordium has concluded the fourth private sale of its GTU tokens to fund further development of its public and permissionless compliance-ready solutions. A private placement offering is used to raise funding not through a public token sale, but rather directly from a small number of chosen investors. Generally, private placement offerings provide increased access to capital and control for issuers while participation is often confined to accredited and institutional investors.