ConcordiumTM, the first layer-1 blockchain with built-in protocol level user identity, joins forces with the Fintech Association of Nigeria (FinTechNGR) to accelerate and innovate on its blockchain solution designed for the future economy.
FinTechNGR is a self-regulatory, non-profit, and non-political organization registered with the Corporate Affairs Commission (CAC) in Nigeria and a member of the Global Fintech Hubs Federation. It takes pride in collaborating with over 200 corporate Pan-African and international organizations, including Mastercard, Flutterwave, and The Nigerian Stock Exchange.
The Association was formed to serve as a platform for the development of the Nigerian financial technology (“Fintech”) industry, as well as a forum for exchanging ideas and disseminating information among various stakeholders in the Nigerian financial technology services industry.
ConcordiumTM, the first layer-1 blockchain with built-in protocol level user identity, joins forces with the Fintech Association of Nigeria (FinTechNGR) to accelerate and innovate on its blockchain solution designed for the future economy.
FinTechNGR is a self-regulatory, non-profit, and non-political organization registered with the Corporate Affairs Commission (CAC) in Nigeria and a member of the Global Fintech Hubs Federation. It takes pride in collaborating with over 200 corporate Pan-African and international organizations, including Mastercard, Flutterwave, and The Nigerian Stock Exchange.
Concordium’s goal of serving as a platform for financial technology development in Nigeria by building and supporting blockchain and fintech development in all areas, including Nigeria, aligns well with FinTechNGR’s.
Concordium Foundation Chairman Lars Seier Christensen says, “With a personal family connection to Nigeria, I am particularly excited about how we can help grow innovation and inclusion in Nigeria and the African continent in general.” There are significant opportunities to leapfrog many of Europe’s historical legacy problems, and we are therefore delighted to join and support the efforts of the Fintech Association of Nigeria.
Concordium, as a member of FinTechNGR, has the opportunity to participate in working groups that address issues critical to its technological advancement in the Nigerian blockchain space and the cryptocurrency space in general, such as regulation, Decentralized Finance, privacy, sovereignty, social justice, and more.
Concordium, as a member of FinTechNGR, has the opportunity to participate in working groups that address issues critical to its technological advancement in the Nigerian blockchain space and the cryptocurrency space in general, such as regulation, Decentralized Finance, privacy, sovereignty, social justice, and more.
Concordium is a public, layer-1 proof-of-stake blockchain with a unique ID layer at the protocol level to facilitate regulatory compliance. Concordium has created a one-of-a-kind smart-contract environment with fungible and non-fungible token standards, which has been scientifically validated. Concordium distinguishes itself by providing near-instantaneous, real-time finality with low transaction fees that are stable in FIAT terms and expressed in CCD, its native token.
