'Concordium Blockchain valued at $4.45 Billion in its Last Private Sale is now Live ' blockchain compliance
Concordium, a public, layer-1, proof-of-stake blockchain with a unique ID layer at the protocol level to assist with regulatory compliance last valued at $4.45 billion in its previous private sale, is now live. Concordium has created a unique smart-contract ecosystem with a fungible and non-fungible token standard that has been scientifically validated.
The blockchain uses a dual consensus mechanism is used for transaction settlement. A Byzantine Fault Tolerant agreement between qualified nodes forms the finalization layer. With an oracle that feeds in the CCD/€ pricing, network costs should be steady and predictable.
Since DeFi initiatives enable users to join and exit at their leisure, compliance has been a problem. They’re also resistant to censorship, which makes compliance even more difficult.
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