The Future of DeFi and Green Energy on Concordium’s Blockchain

Ralph Gerbs
Concordium
Published in
6 min readMar 22, 2023

Concordium Monthly Newsletter — March 2023

General Updates 🎙️

Concordium’s Founder Lars Seier Christensen takes an expanded role in Concordium

Concordium, the layer-1 blockchain company, has announced that Lone Fønss Schrøder will step down from the CEO position and instead join the Board of the Concordium Foundation.

Meanwhile, Concordium founder and chairman Lars Seier Christensen will play a more active role in Concordium as it gears up for further expansion and user adoption.

Read more here.

Øverlay, the first RegDeFi token launchpad on Concordium ready for mass adoption

The Beta-test whitelisting of Overlay, the first Regulated Decentralised Finance (RegDeFi) token launchpad on Concordium, has been successful with over 800 more whitelists being filled.

Overlay and Concordium partnered with the goal to help protect users from fraud within a decentralised structure and currently over 300 testers have helped Overlay in getting ready to go live. More are joining every day as testers receive Overlay token $OVL, USDC and CCD in advance.

Read more about it here.

The Concordium blockchain contributes to Danish Transmission Energinet’s new granular green energy certificate

Concordium contributes to part of the solution in the Danish state owned transmission company Energinet’s new solution where blockchain technology must guarantee the credibility of Energinet’s green energy certificates.

The central element of the solution is energy certificates, which on a granular level link the production of energy with consumption. In the collaboration, a registration method for power production and power consumption has been developed, which for the first time makes it possible for companies to document exactly how much of their power consumption comes from green power and with timestamps.

Read more about it here.

DjookyX to integrate with Concordium Blockchain to enhance safety for users

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.

Read more here.

Concordium partners with SONIO to innovate the travel sector and improve guests’ experiences

Concordium announces a global partnership with SONIO to deliver a highly efficient and cost-saving application innovating the travel industry by streamlining the hotel guest registration process

SONIO, a product of Advanced Living Technologies and a partner of Deutsche Telekom, is a unique platform working as an IDaaS (Identity as a Service) to improve the customer verification process and eliminate the need for lengthy and costly administrative operations.

Read more about it here.

Concordium and Arivu partner to Combat Greenwashing with Blockchain Verification

Concordium announces it is partnering with Arivu, a Blockchain-as-a-Service (BaaS) provider that specialises 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.

Arivu’s platform leverages blockchain verification to reduce costs and minimise effort when it comes to audit and compliance, representing a more cost-effective and efficient way for companies to report ESG data and do their part in the fight against climate change.

Read more about it here.

For more updates on our Press Releases visit https://concordium.com/news/

Ecosystem and Community Updates 🌐

Concordium Hackathon — The Future of Identity

We are thrilled to announce the winners of the Concordium x Gitcoin Hackathon!

After receiving over 200 submissions from more than 50 countries, our judges have selected the top three participants who have demonstrated innovation and creativity in leveraging our blockchain technology. All participants have been given a POAP NFT identical to the image below.

Read more about the winners here.

Introducing Sellix Pay’s customizable payment options

Sellix announces the latest addition to their innovative payment suite at Sellix Pay, which brings greater flexibility and convenience for their diverse clientele. The new system now allows users to seamlessly accept a wide range of cryptocurrencies, including BTC, ETH, BCH, BNB, LTC, and more, while receiving payouts in CCD.

Try it here.

Get access to the Frontier Bundle dApp

Frontier Bundle Beta is finally here! Explore the ultimate Web3 portfolio experience along with the $5k Beta Referral Reward. Beta Users will receive the access email soon.

If not on the waitlist, join here.

Tech Updates 💻

Concordium Wallet 1.1.6 for Android, for Mainnet and Testnet, is released

Concordium Wallet 1.1.0 for Android introduces functionality to connect to dApps and services using WalletConnect. The new version also supports export of account keys.

Download links for Mainnet (Release notes) and Testnet (Release notes).

Updates to the Concordium tools for Mainnet and Testnet

Find updates for the following:

Mainnet download links (Release Notes) | Testnet download links (Release Notes).

Science Updates

COBRA researchers Bas Spitters, his postdoc Benjamin Salling Hvass and PhD-student Lasse Letager Hansen and others have released a preprint:

The Last Yard: Foundational End-to-End Verification of High-Speed Cryptography

It presents a framework for end-to-end formal verification of efficient cryptographic implementations.

HACS 2023

COBRA researcher Diego Aranha and Bas Spitters have been invited to the HACS 2023 workshop taking place from March 30 to 31 in Tokyo, Japan.

The Workshop on High Assurance Crypto Software (HACS) was launched in 2016 as an annual event bringing the world’s best cryptographic developers (from open source and industry) together with top experts in formal verification and high assurance methodologies. The goal is to foster collaborations towards making cryptographic software flawless. Further details here and here.

Upcoming Events 🗓

🗓 Paris Blockchain Week — March 20–24th

Meet our Blockchain Solutions Analyst, Holger Fischer.

Get tickets

🗓 Updates from the CTO — March 24th

Meet Concordium’s CTO, Kåre Kjelstrøm.

Join here

🗓 HACS 2023 — March 30–31st

Meet COBRA researchers, Diego Aranha and Bas Spitters

More details here

🗓 Updates from the Head of Commercial — March 31st

Meet Concordium’s Head of Commercial, Torben Kaaber.

Join here

Recent Events 🗓

Torben and Maria at Blockchain Africa Conference 2023 in Johannesburg
Torben and Maria at Blockchain Africa Conference 2023 in Johannesburg
Daniel Tschudi and Christian Matt with Takashi Oka, CEO of Overlay in Zurich

In the News 📰

  • Concordium will throughout 2023 be taking its identity solution to the next level with the introduction of Web3 ID, a zero-knowledge based Identity infrastructure. In the true spirit of Web3, anyone will be able to build identity solutions on this platform. Read more from Sharan Konerira here
  • The opportunity for cryptos in the wake of the banking collapse — DeFi is the way to go. Read the full article here.
  • Sharan Koneriria provides a high-level overview of the benefits of ConcordiumBFT, the new HotStuff based consensus protocol to be rolled out in 2023. Read more about this here.

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