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The idea of id is kind 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 as we speak we now have quite a few completely different views and hundreds of tasks, some with comparable objectives, 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 important to achieve belief within the house.
Other subjects comparable 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 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 will be listened to on Spotify here
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