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Membrane Finance to Integrate EUROe Stablecoin on Concordium, Bringing Stability and Safety to DeFi Investors

Retrieved on: 
Thursday, November 9, 2023

ZUG, Switzerland, Nov. 9, 2023 /PRNewswire/ -- Concordium, the Layer 1 science-backed blockchain dedicated to creating a safer digital world, has announced the upcoming launch of EUROe, a fully regulated MiCAR-compatible, Euro-backed stablecoin developed by Finnish fintech powerhouse Membrane Finance, natively on Concordium. Offering a secure and regulated digital Euro, the launch removes crypto exposure, bridge risk and regulatory issues, presenting a quantum leap linking the existing financial system with Web3 and the decentralized future of finance.

Key Points: 
  • By integrating EUROe on Concordium's regulatory-ready and enterprise-grade technology, Membrane Finance is unlocking a new era of DeFi for players who value compliance, privacy, and safety."
  • To enable the integration with Concordium, Membrane Finance will first release a smart contract that controls the issuance, minting, and redeeming of the EUROe stablecoin as a CIS-2 token on the Concordium blockchain.
  • Juha Viitala , CEO of Membrane Finance, stated: "Concordium's emphasis on privacy-preserving identity verification infrastructure and regulatory compliance provides the optimal framework for the next generation of DeFi projects.
  • Concordium invites businesses, investors, and innovators to join the EUROe launch, marking a pivotal moment in the evolution of digital finance.

Membrane Finance to Integrate EUROe Stablecoin on Concordium, Bringing Stability and Safety to DeFi Investors

Retrieved on: 
Thursday, November 9, 2023

ZUG, Switzerland, Nov. 9, 2023 /PRNewswire/ -- Concordium, the Layer 1 science-backed blockchain dedicated to creating a safer digital world, has announced the upcoming launch of EUROe, a fully regulated MiCAR-compatible, Euro-backed stablecoin developed by Finnish fintech powerhouse Membrane Finance, natively on Concordium. Offering a secure and regulated digital Euro, the launch removes crypto exposure, bridge risk and regulatory issues, presenting a quantum leap linking the existing financial system with Web3 and the decentralized future of finance.

Key Points: 
  • By integrating EUROe on Concordium's regulatory-ready and enterprise-grade technology, Membrane Finance is unlocking a new era of DeFi for players who value compliance, privacy, and safety."
  • To enable the integration with Concordium, Membrane Finance will first release a smart contract that controls the issuance, minting, and redeeming of the EUROe stablecoin as a CIS-2 token on the Concordium blockchain.
  • Juha Viitala , CEO of Membrane Finance, stated: "Concordium's emphasis on privacy-preserving identity verification infrastructure and regulatory compliance provides the optimal framework for the next generation of DeFi projects.
  • Concordium invites businesses, investors, and innovators to join the EUROe launch, marking a pivotal moment in the evolution of digital finance.

Concordium Enables a New Standard of Age Verification Amidst Growing Privacy Concerns

Retrieved on: 
Thursday, September 14, 2023

ZURICH, Sept. 14, 2023 /PRNewswire/ -- Concordium, the Layer 1, science-backed blockchain creating a safer digital world, proudly unveils Web3 ID: a cutting-edge identification platform offering age-verification capacities designed to prioritize user privacy for both individuals and businesses. Concordium's age verification tooling works to protect minors online amidst growing global privacy concerns and explicit data-harvesting from technology organisations. Web3 ID harnesses Concordium's Zero-Knowledge Proof technology to offer a novel approach to age verification - without ever compromising user data or privacy. By uploading a government-issued form of identification to their wallet, Web3 ID users can drastically reduce the amount of data they disclose during online identity verification, regaining control over any sensitive information.

Key Points: 
  • Concordium's age verification tooling works to protect minors online amidst growing global privacy concerns and explicit data-harvesting from technology organisations.
  • Web3 ID harnesses Concordium's Zero-Knowledge Proof technology to offer a novel approach to age verification - without ever compromising user data or privacy.
  • Mikael Breinholst , Head of Product at Concordium, spoke to the widespread concern surrounding existing online age-verification tools, stating: "Current age verification tools online are a grave area of concern for many.
  • The creation of a new standard of age verification promotes Concordium's mission of supporting a regulated future for new and existing organisations building on blockchain technology.

Concordium Enables a New Standard of Age Verification Amidst Growing Privacy Concerns

Retrieved on: 
Thursday, September 14, 2023

ZURICH, Sept. 14, 2023 /PRNewswire/ -- Concordium, the Layer 1, science-backed blockchain creating a safer digital world, proudly unveils Web3 ID: a cutting-edge identification platform offering age-verification capacities designed to prioritize user privacy for both individuals and businesses. Concordium's age verification tooling works to protect minors online amidst growing global privacy concerns and explicit data-harvesting from technology organisations. Web3 ID harnesses Concordium's Zero-Knowledge Proof technology to offer a novel approach to age verification - without ever compromising user data or privacy. By uploading a government-issued form of identification to their wallet, Web3 ID users can drastically reduce the amount of data they disclose during online identity verification, regaining control over any sensitive information.

Key Points: 
  • Concordium's age verification tooling works to protect minors online amidst growing global privacy concerns and explicit data-harvesting from technology organisations.
  • Web3 ID harnesses Concordium's Zero-Knowledge Proof technology to offer a novel approach to age verification - without ever compromising user data or privacy.
  • Mikael Breinholst , Head of Product at Concordium, spoke to the widespread concern surrounding existing online age-verification tools, stating: "Current age verification tools online are a grave area of concern for many.
  • The creation of a new standard of age verification promotes Concordium's mission of supporting a regulated future for new and existing organisations building on blockchain technology.

Akash Network and Concordium Partner to Offer Decentralized Cloud Infrastructure for Blockchain Applications

Retrieved on: 
Thursday, March 23, 2023

The partnership between Concordium and Akash Network is an exciting opportunity for projects running on Concordium to access attractive and cost-effective cloud server spaces to run their dApps.

Key Points: 
  • The partnership between Concordium and Akash Network is an exciting opportunity for projects running on Concordium to access attractive and cost-effective cloud server spaces to run their dApps.
  • By integrating with Akash Network, ecosystem participants will also be able to leverage decentralized cloud storage and computational power to run their Concordium node, and in doing so contribute to further decentralizing the blockchain.
  • Concordium is the only layer-1 decentralized blockchain with a built-in self-sovereign ID framework designed to have real-world utility and specifically benefit business applications.
  • "With Concordium's nodes being able to be supported on Akash Network, Concordium's users have an alternative solution for their cloud needs to not only save costs but further decentralize their cloud infrastructure" says Boz Menzalji, COO at Akash Network.

Akash Network and Concordium Partner to Offer Decentralized Cloud Infrastructure for Blockchain Applications

Retrieved on: 
Thursday, March 23, 2023

The partnership between Concordium and Akash Network is an exciting opportunity for projects running on Concordium to access attractive and cost-effective cloud server spaces to run their dApps.

Key Points: 
  • The partnership between Concordium and Akash Network is an exciting opportunity for projects running on Concordium to access attractive and cost-effective cloud server spaces to run their dApps.
  • By integrating with Akash Network, ecosystem participants will also be able to leverage decentralized cloud storage and computational power to run their Concordium node, and in doing so contribute to further decentralizing the blockchain.
  • Concordium is the only layer-1 decentralized blockchain with a built-in self-sovereign ID framework designed to have real-world utility and specifically benefit business applications.
  • "With Concordium's nodes being able to be supported on Akash Network, Concordium's users have an alternative solution for their cloud needs to not only save costs but further decentralize their cloud infrastructure" says Boz Menzalji, COO at Akash Network.

Concordium and Arivu partner to Combat Greenwashing with Blockchain Verification

Retrieved on: 
Thursday, March 16, 2023

ZUG, Switzerland, March 16, 2023 /PRNewswire/ -- Concordium announces it is partnering with Arivu, a Blockchain-as-a-Service (BaaS) provider that specializes in ESG (Environmental, Social, and Governance) reporting verification.

Key Points: 
  • ZUG, Switzerland, March 16, 2023 /PRNewswire/ -- Concordium announces it is partnering with Arivu, a Blockchain-as-a-Service (BaaS) provider that specializes in ESG (Environmental, Social, and Governance) reporting verification.
  • The partnership aims to tackle the growing issue of greenwashing by providing companies with verified ESG data, evidence, and assurance.
  • "We are delighted to partner with Concordium to help companies solve the challenge of investor and public trust in their sustainability claims.
  • "Together, Concordium and Arivu are working towards a more transparent and sustainable future, where ESG reporting is verified and accurate, and greenwashing is a thing of the past," says Torben Kaaber, Head of Commercial at Concordium.

Concordium and Arivu partner to Combat Greenwashing with Blockchain Verification

Retrieved on: 
Thursday, March 16, 2023

ZUG, Switzerland, March 16, 2023 /PRNewswire/ -- Concordium announces it is partnering with Arivu, a Blockchain-as-a-Service (BaaS) provider that specializes in ESG (Environmental, Social, and Governance) reporting verification.

Key Points: 
  • ZUG, Switzerland, March 16, 2023 /PRNewswire/ -- Concordium announces it is partnering with Arivu, a Blockchain-as-a-Service (BaaS) provider that specializes in ESG (Environmental, Social, and Governance) reporting verification.
  • The partnership aims to tackle the growing issue of greenwashing by providing companies with verified ESG data, evidence, and assurance.
  • "We are delighted to partner with Concordium to help companies solve the challenge of investor and public trust in their sustainability claims.
  • "Together, Concordium and Arivu are working towards a more transparent and sustainable future, where ESG reporting is verified and accurate, and greenwashing is a thing of the past," says Torben Kaaber, Head of Commercial at Concordium.

DjookyX to integrate with Concordium Blockchain to enhance safety for users

Retrieved on: 
Thursday, March 9, 2023

ZUG, Switzerland, March 9, 2023 /PRNewswire/ -- Music and fintech startup DjookyX announces it will integrate with Concordium Blockchain to enhance safety, ensure transparency, and usher in a new era of trust on their platform.

Key Points: 
  • ZUG, Switzerland, March 9, 2023 /PRNewswire/ -- Music and fintech startup DjookyX announces it will integrate with Concordium Blockchain to enhance safety, ensure transparency, and usher in a new era of trust on their platform.
  • DjookyX is a global online marketplace providing artists with the opportunity to sell shares of their royalty rights while maintaining ownership of their copyrights.
  • This enormously benefits music creators who get access to funds and expert resources and provides other rights-holders with a liquid 24/7 marketplace.
  • Embarking on a journey to rebuild DjookyX as a WEB3 brand on top of Concordium will be an interesting tetras formation to support," says Torben Kaaber, Head of Commercial at Concordium.

DjookyX to integrate with Concordium Blockchain to enhance safety for users

Retrieved on: 
Thursday, March 9, 2023

ZUG, Switzerland, March 9, 2023 /PRNewswire/ -- Music and fintech startup DjookyX announces it will integrate with Concordium Blockchain to enhance safety, ensure transparency, and usher in a new era of trust on their platform.

Key Points: 
  • ZUG, Switzerland, March 9, 2023 /PRNewswire/ -- Music and fintech startup DjookyX announces it will integrate with Concordium Blockchain to enhance safety, ensure transparency, and usher in a new era of trust on their platform.
  • DjookyX is a global online marketplace providing artists with the opportunity to sell shares of their royalty rights while maintaining ownership of their copyrights.
  • This enormously benefits music creators who get access to funds and expert resources and provides other rights-holders with a liquid 24/7 marketplace.
  • Embarking on a journey to rebuild DjookyX as a WEB3 brand on top of Concordium will be an interesting tetras formation to support," says Torben Kaaber, Head of Commercial at Concordium.