peaq vs Concordium

peaq is the decentralized Web3 network powering the Economy of Things. Built with Substrate and designed to solve some of our biggest societal and economic challenges, it ensures that the incentives of people and increasingly intelligent machines are aligned.

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.