Ledger and Concordium Partner on Private Payments

Ekaterina Bogatyreva

Concordium, a L1 blockchain focused on compliant payments, has announced a partnership with Ledger, a global provider of digital asset security. The integration will enable millions of Ledger users to make verified and private stablecoin payments directly from their hardware wallets.

Through Concordium’s protocol-level identity system and zero-knowledge proof technology, users can confirm required attributes such as age or location without revealing personal data. The feature supports stablecoin transactions on the Concordium network and maintains privacy while meeting regulatory requirements.

Ledger users will also be able to manage Concordium accounts, sign transactions, and stake the network’s native token, CCD, within Ledger’s security framework. The system includes built-in identity verification and disclosure mechanisms, allowing information to be shared only under lawful procedures.

Image: Freepik

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