Compare Concordium vs ICP

Concordium is a public Layer 1 blockchain platform designed for security, privacy, and scalability. Concordium was among the first to mandate identity verification at the blockchain consensus level while integrating zero-knowledge proofs (ZKPs) for selective disclosure. Launched on Mainnet in 2021, it embeds encrypted identity into every transaction at the protocol level, enabling accountability while preserving user confidentiality.

Its native cryptocurrency, CCD, powers the ecosystem, facilitating transaction fees, staking, voting, node operator rewards, and serving as collateral in Concordium's DeFi landscape.

The newly appointed CEO and Executive Management team have revealed a focused strategic direction to double down on PayFi, enabling stablecoin issuers, financial institutions, and payment providers to accelerate real-world adoption. With stablecoin settlement volumes projected to reach $300 billion per day by 2025, Concordium delivers an enterprise-ready blockchain infrastructure uniquely suited for secure, programmable money solutions, as well as compliance as required by new regulatory frameworks.

The Internet Computer is a decentralized cloud blockchain that pursues the $1+ trillion cloud market — hosting apps, websites and enterprise systems, fully onchain, where they benefit from extraordinary security and resilience, can do multi-chain token processing, and can be administered in a decentralized way for safety.

A core purpose is “self-writing cloud”, where AI creates apps for mass market users, which are sophisticated and secure, in response to instructions they provide over chat.

The ICP token is burned powering onchain apps, and is a cryptocurrency used in network governance staking.

It’s easy to try — use AI to create onchain apps (e.g. caffeine.ai) or use an online IDE to write serverless code yourself (e.g. icp.ninja)!