Fantom vs Concordium

Fantom is a high-performance, scalable, and secure smart contract platform engineered to surpass the constraints of preceding blockchain platforms. Operating as a permissionless, decentralized, and open-source network, Fantom leverages Lachesis, its asynchronous Byzantine Fault Tolerance (aBFT) consensus mechanism. This innovative approach enables Fantom to achieve remarkable speed and affordability compared to older technologies while maintaining exceptional security standards.

Concordium is a science-based proof-of-stake blockchain, the first in the world with identification built into the protocol and designed to meet regulatory requirements. Concordium CCD is a standard blockchain asset with customizable options, directly in Layer-1. Concordium supports secure transfers and immediate transaction settlement for multiparty transactions built in Layer-1. Concordium Smart Contracts in Layer-1 are stateless smart contracts with numerous possibilities for governed operations. These capabilities can be applied to different sectors and industries, such as IoT, Supply Chain Finance, and Mobility-as-a-service, as well as tackling interoperability between other platforms and blockchains.