How Concordium is improving Privacy and Identity with Blockchain | Inside Blockchain

With advancement in technology today, the focus of most communities is gradually shifting from having safe borders to playing a major role in a worldwide digital economy. With billions of online interactions across these borders, one would agree that this paradigm shift has continued to influence every aspect of our society, with the potential to transform Africa.

Concordium is interested in developing the African community and building strong partnerships with significant technological associations, as it seeks to identify the prevalent problems and offer sustainable solutions across the continent.

Concordium is a privacy-focused, public and permissionless blockchain that is designed to be fast, secure and cost-effective. Concordium’s innovative identity layer provides on-chain identity, compliance-centric transactions and enhanced privacy for users, while also allowing for the de-anonymization of network participants. Learn more here.

Lars Seier Christensen is Chairman of the Swiss non-profit Concordium Foundation. With over 30 years of experience across the banking and financial sector, a global pioneer in FX and derivatives trading, having co-founded the online trading and investment platform, Saxo bank in 1992. He was co-CEO of Saxo Bank for over 20 years, during which the bank grew to 1500 employees across 150 locations serving customers in 170 countries. Lars is also the founder and sole owner of Seier Capital, a private equity and venture capital firm, which specializes in investments in angel, seed and A-round stage companies and startups.

Lars believes he has the experience to offer the solutions to Nigeria’s challenges, especially in the fintech sector. He’ll be coming to discuss, learn and “shake hands” with significant stakeholders in the country across industries.

Lars joins us on the Inside Blockchain to discuss prospects of the Concordium Blockchain and how it can be leveraged to build scalable solutions that will improve the African tech space.

Speaking on the show, Lars expressed his optimism by saying;

“I think there are tremendous opportunities for Africa as a whole, and Nigeria is one of the most important tech center in Africa. I think blockchain (Concordium) can solve real problems that one might have in Identity and Ownership, bringing more transparency especially in the public sector…I think there is a great future for tech here and for many reasons, there’s a high adoption of tech in Nigeria based on real needs”

 

ICYMI | Here’s the video below;

 

Read More:

Chairman of Concordium, Lars Christensen to Visit Nigeria

African Blockchain Startups & Investment Opportunities

 

 

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