About Concordium
Concordium (CCD) is a cryptocurrency launched in 2022. Concordium has a current supply of 13,955,229,096.180166 with 11,552,975,611.869517 in circulation. The last known price of Concordium is 0.003624 USD and is down -0.67 over the last 24 hours. It is currently trading on 18 active market(s) with $458,206.59 traded over the last 24 hours. More information can be found at
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Trading Insights
Searched
2
Market Stats
Market Cap
₹3.47B
FDV
₹4.19B
Circ. Supply
12B CCD
Max Supply
Not enough data
Total Supply
14B CCD
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹49.53M
11.61%
Volume (7D)
₹363.65M
Volume (30D)
₹1.42B
All time high
₹7.54
Price Change (1Y)
20.44%
Additional details
Recent trends
The latest CCD price is ₹0.30. Compared to Concordium's value of ₹0.30 from 24 hours ago, there's been a -1% decrease, while the current price is -6% down from ₹0.32 which was recorded one week ago. Concordium's all time high is ₹7.54, which was reached on February 15, 2022. This is a -96% change from its price today.
The market cap is currently ₹3.47B, which is a result of multiplying the current price of Concordium(₹0.30) by the total supply(13,959,728,457 CCD). The fully diluted valuation of Concordium is ₹4.19B. The diluted valuation of Concordium is ₹4.19B.
Market details
CCD vs markets
↘ 14.27%
CCD vs BTC
↘ 25.65%
CCD vs ETH
↗ 67.08%
Tags
defi
identity
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.30 | ↘ 1.03% |
1 Day | ₹0.30 | ↘ 1.03% |
1 Week | ₹0.32 | ↘ 6.33% |
1 Month | ₹0.33 | ↘ 9.63% |
1 Year | ₹0.24 | ↗ 20.44% |
FAQ
Concordium (CCD) is a public-permissionless Layer 1 blockchain that was launched in 2018. It strives to balance privacy with accountability by embedding encrypted ID into every on-chain transaction, enabling identification at a protocol level. Concordium's primary objective is to aim to simplify the integration of blockchain technology for businesses, with a focus on regulatory compliance. The platform uses zero-knowledge proofs to provide users with full privacy. Concordium's native cryptocurrency, CCD, is used for various purposes such as compensating transaction fees, staking, and as a collateral/settlement medium for Concordium’s DeFi landscape.
Concordium operates using a dual consensus mechanism. On one end, operators, known as bakers, process transactions using a Nakamoto-style Proof-of-Stake mechanism. On the other end, a Byzantine fault tolerant (BFT) agreement among a set of specialized bakers, known as finalizers, is used to finalize transactions. One of Concordium's features is its built-in identity layer, which employs trusted identity issuers to provide users with their self-sovereign identity. The network aims to maintain a balance between user privacy and the need for identification if a legitimate legal issue arises. On-chain transactions are carried out privately using cryptographic means to prove that all participants have been verified without disclosing their identity.
Concordium aims to provide an execution environment for smart contracts and digital financial primitives that may be suited for enterprise users. Some of these features include high throughput with fast finality, low, fixed transaction costs, and a regulated DeFi Lab. Concordium's unique identity layer can be used to create self-sovereign identities, which can be useful in various sectors such as finance, healthcare, and supply chain management. The platform's ability to balance privacy with accountability makes it suitable for businesses that need to comply with regulatory requirements while also benefiting from the advantages of blockchain technology.
Concordium was founded by Lars Seier Christensen, the co-founder and former CEO of the online trading and investment platform Saxo Bank. The project was launched in 2018 with a team that includes leadership from Volvo, IKEA, Credit Suisse, and more. The team behind Concordium includes more than 30 individuals, making up the Foundation Board, the Science Team, the Technical Team, an Operations Team, and an Advisory Board. Notable team members include Professor Ueli Maurer, a senior academic at the Swiss Federal Institute of Technology in Zurich, and Professor Ivan Damgård, the co-inventor of the Merkle-Damgård cryptographic hash. The company has raised funds, partnering with Geely, a global automaker and co-owner of Volvo Cars, Volvo AB, and Daimler.
We update our Concordium to INR currency in real-time. Get the live price of Concordium on Coinbase.
The current market cap of Concordium is ₹3.47B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Concordium is ₹7.54. This all-time high is highest price paid for Concordium since it was launched.
Over the last 24 hours, the trading volume of Concordium is ₹49.53M.
Assets that have a similar market cap to Concordium include ResearchCoin, Highstreet, Kujira, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Concordium is 12 billion.
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