Concordium at a glance.
Concordium is a public proof of stake blockchain that builds identity verification into the protocol itself. Each account is created through an authorized identity provider, so the holder is a verified person or entity, while day-to-day transactions remain private and can only be linked back to an identity through a defined legal process. The mainnet launched in June 2021 and the native token is CCD. Here is how it works and what it is used for, not the price.
$1,455
Value locked in DeFi protocols on Concordium. Updated Jun 8, 2026. Source: DefiLlama.
CCD
Used for fees and securing the network. See the live CCD price.
How Concordium works.
Concordium uses ConcordiumBFT, a proof of stake consensus protocol with Byzantine fault tolerance. Validators stake CCD to take part in proposing and finalizing blocks, and the network stays safe as long as less than one third of the staked total is controlled by dishonest validators. Other holders can delegate their CCD to a validator to earn a share of rewards without running a node. Blocks are produced roughly every two seconds and then finalized so they are settled.
Concordium uses ConcordiumBFT, a proof of stake consensus protocol with Byzantine fault tolerance. Validators stake CCD to take part in proposing and finalizing blocks, and the network stays safe as long as less than one third of the staked total is controlled by dishonest validators. Other holders can delegate their CCD to a validator to earn a share of rewards without running a node. Blocks are produced roughly every two seconds and then finalized so they are settled.
Protocol-level identity
Every account is opened through an authorized identity provider that verifies who the holder is. The identity stays off the public ledger, so transactions are private, but it can be revealed through a defined legal process if a regulator or court requires it.
ConcordiumBFT
The consensus protocol is a proof of stake design with Byzantine fault tolerance based on the HotStuff family. It produces blocks every two seconds or so and finalizes them quickly so confirmed transactions are settled.
WebAssembly smart contracts
Smart contracts are deployed as WebAssembly modules and are commonly written in Rust, which compiles to WebAssembly. This lets developers build on-chain logic without learning a single bespoke contract language.
CCD token
CCD is the native token. It pays transaction fees, is staked by validators to secure the network, can be delegated to validators for rewards, and is used in on-chain governance.
What Concordium is used for.
Concordium is used for applications that need verified identity and compliance, such as regulated finance, tokenized assets, and supply-chain tracking.
Compliant finance and assets
The built-in identity layer lets issuers tokenize regulated assets and run financial applications where each participant must be a verified identity.
Verified identity for agents
Because accounts are tied to verified identities, the network is positioned for use cases that need to confirm a counterparty is a real person or accountable entity.
Staking and delegation
CCD holders delegate to validators to help secure the network and earn a share of staking rewards without operating their own node.
Hold, swap and spend CCD.
Concordium is integrated in Zypto App. Hold CCD in self-custody, swap it to any supported asset, and use it across Zypto’s features.
Be the reason Concordium ships next.
Concordium isn’t in Zypto App yet. Post the request to your followers, chains with the most demand get prioritised.
Request on XCommon questions.
What is Concordium?
What consensus does Concordium use?
How does the identity layer work?
What is CCD used for?
Can I hold CCD in Zypto App?
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