Concordium

The new iOS Concordium CryptoX Wallet release will happen in 2 weeks - bringing user-friendly features like push notifications, better on-ramp integration, rewards & more! Important Reminder: This update will log out all users, so make sure to BACK UP your seed phrase before the release! Your security is our priority!

“One of the cornerstones of our society is deteriorating: Trust!” In his keynote at Nordic Fintech Week, Lars Seier Christensen highlights how AI-driven fraud is making it harder to trust what we see, read, and hear online. As AI technology evolves, the line between real and fake blurs, making secure ID verification more critical than ever. Discover how Concordium’s blockchain technology and ID solutions are addressing these challenges and helping restore trust in digital interactions. #Concordium #Fintech #AI #DigitalTrust #Cybersecurity #Blockchain #NordicFintechWeek

“One of the cornerstones of our society is deteriorating: Trust!” In his keynote at Nordic Fintech Week, Lars Seier Christensen highlights how AI-driven fraud is making it harder to trust what we see, read, and hear online. As AI technology evolves, the line between real and fake blurs, making secure ID verification more critical than ever. Discover how Concordium’s blockchain technology and ID solutions are addressing these challenges and helping restore trust in digital interactions. #Concordium #Fintech #AI #DigitalTrust #Cybersecurity #Blockchain #NordicFintechWeek

“In the future, we cannot trust anything in the digital space unless it has been verified.” This powerful statement from Lars Seier Christensen, Founder of Concordium, during his keynote at Nordic Fintech Week today, emphasizes a fundamental shift in the digital landscape. As we continue to see rapid advancements in technology and the expansion of the digital economy, the issue of trust becomes more crucial than ever. Today, digital transactions, identity verification, and data sharing are part of our daily lives. Yet, with this convenience comes the risk of fraud, misinformation, and data breaches. In such an environment, verification is not just a benefit—it's a necessity. It’s no longer sufficient to assume that the digital assets and identities we interact with are genuine. We must be able to prove it.

I recently had the honor of participating as a panelist at the TOKEN2049 side event in Singapore hosted by AltDRX and ChainsAtlas, titled - RWA Strategies for Enhancing Long-Term Investments with AI.  The panel explored the intersection of AI and RWAs, emphasizing how tokenization can go beyond merely digitizing and fractionalizing assets. At Concordium, we believe that only the right legal and technical infrastructure setup has the power to transform RWA tokenization into a value-adding solution for TradFi. Here are my key takeaways from the event: The Role of Compliance in Tokenization and the Path to Mass Adoption Tokenized real-world assets like securities require alignment with existing regulation. Simply tokenizing traditional assets and offering them in a permissioned environment is insufficiently innovative to motivate investor adoption. Web3 projects must partner with traditional financial institutions to build a compliant and cohesive ecosystem where tokenized assets can move between platforms while assuring investor compliance throughout their lifecycle. In other words, shift the focus from permissioning environments to permissioning assets. It was encouraging to see that, not just at this panel but throughout Token2049, industry leaders finally acknowledged that without embracing regulation, mass adoption of crypto and tokenized RWAs will remain out of reach. AI Certificates, Investor Education, and Real Estate Tokenization Next to chain and wallet abstraction, AI was praised as the main interfacing technology solution that will pave the way for blockchain technology to become more user friendly. During the discussion, there was significant interest in Concordium's AI Certificates, which offer a novel solution for AI-interface verification and dynamic content validation. Education is crucial to the growth of this ecosystem. Understanding the technology, its value, and the associated risks is essential for building trust and convincing investors. However, only certified content can give investors the confidence to make informed financial decisions, especially in an era where fake or misleading AI-generated content is overwhelming the information landscape. In the context of real estate tokenization, accurate and trustworthy data reporting and ensuring robust proof of inspection will enable innovative price discovery mechanisms . By integrating AI solutions to the current tokenization processes, we can create a more transparent and efficient market that allows for higher trading frequency of currently illiquid assets. Overall, it was a privilege to share Concordium's vision and innovations in this space and to explore how we can collectively use blockchain to solve real world challenges of the financial industry. Thanks to all the guys participating, ChainsAtlas Labs, Alt DRX, Sachin Joshi, Jan Hanken, Raffi I., Mark K., Concordium

The IDConnect Concordium Hackathon hosted by techFiesta is coming to a close, and the Closing Ceremony is just around the corner! Join us on Tuesday, October 1st, 2024 at 10 AM CET on Zoom to see the unveiling of the winners. Don’t miss out on this incredible event! Register now: https://lu.ma/skm32j1u #Concordium #Hackathon #Blockchain #Innovation #Web3

We’re back! Here are our reflections from TOKEN2049 Singapore! TOKEN2049 never disappoints, and this year’s event was no exception. The buzz around the conference was electric, with some key topics really standing out: 𝗭𝗲𝗿𝗼-𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗣𝗿𝗼𝗼𝗳𝘀 (𝗭𝗞𝗣𝘀) & 𝗣𝗿𝗶𝘃𝗮𝗰𝘆 It’s clear that ZKPs have taken center stage, and for good reason. These advancements are set to redefine how we think about privacy on the blockchain - allowing transactions to remain secure and private without sacrificing scalability. Whether in DeFi or identity verification, ZKPs are proving to be the key to unlocking the next wave of innovation in decentralized systems by making privacy-centric applications more viable and secure. 𝗔𝗜 𝗮𝗻𝗱 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 Discussions around AI’s integration with blockchain was everywhere! From predictive analytics in DeFi to automated governance in DAOs, this fusion is creating some truly mind-blowing possibilities. And it’s not just about efficiency: AI combined with ZKPs is pushing the boundaries of data privacy, allowing sensitive information and identity data to be analyzed without being exposed. 𝗥𝗪𝗔 𝗧𝗼𝗸𝗲𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 There continues to be a lot of interest in the tokenization of real-world assets like oil and gold. This isn’t just theoretical - RWAs are becoming a tangible bridge between traditional finance and Web3, offering new avenues for value creation and growth. It feels like we’re only scratching the surface of what this could mean for the future of finance. At Concordium, we’re excited to see the industry move forward, especially when privacy and security - values that are central to our mission - are front and center. Looking forward to what comes next! - Anne, Head of Marketing

Drum roll, please... 🥁 Let's welcome Lars Seier Christensen as one of our speakers for Nordic Fintech Week 2024! Lars is the Founder and Owner of Seier Capital. He has a very wide range of interests and activities, ranging from philosophy and politics over a gourmet, fine wine, and art to sports and charity, and is an avid commentator on political, society, and business affairs. Lars and Seier Capital, with approximately 400 million dollars in combined assets, have invested in a broad range of companies, including most notably the foundational blockchain protocol, Concordium. We are looking forward to welcoming Lars on the stage 🤩 🗓️ 25-26 September 2024 📍 TAP1 Copenhagen 🎟️ Tickets: https://bit.ly/49un7dD

DePIN the new Black #depin #provenancetags #concordium

Token2049 Day 1 Report from Concordium! The first day of the official TOKEN2049 program has wrapped up, and the Concordium team has sent in their report. Talk of the town: AI is the hot topic! In a keynote by Olaf Carlson-Wee, discussions on bots taking over and the growing need for proof of humanity resonated deeply with us. We’re all for it! What else: The team caught up with projects and partners, including Umbrella Network , Pixpel.io, and Wert. Interviews, investors, and builders also stopped by the Concordium booth, making it a lively day! Now, on to the unofficial part of the program. If you’re looking to meet with the team—officially or informally—reach out to Anne Korsgaard Lauritzen, Boğaçhan Yiğitbaşı, or Holger Fischer. They’d love to chat about AI, proof of humanity, identity, and more! 💬 #Token2049 #Concordium #AI #ProofOfHumanity #Blockchain #Networking #Innovation 🚀