09 October 2025 | Thursday | News
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Concordium, the compliance-ready Layer 1 PayFi blockchain, announced a partnership with Ledger, the world leader in digital asset security for consumers and enterprises. This integration brings Concordium's innovative "1-Click Verify & Pay" functionality to millions of Ledger users, enabling them to make secure, verified, and privacy-preserving payments via stablecoins directly from their hardware wallets.
This partnership bridges the gap between uncompromising security and essential real-world utility. Leveraging Concordium's protocol-level identity verification and a growing suite of ten established stablecoins on its network, the integration empowers Ledger users to use their devices for daily financial interactions.
"Partnering with Ledger isn't just about processing more transactions, it's about unlocking the speed and efficiency of blockchain for everyday payments," said Boris Bohrer-Bilowitzki, CEO of Concordium. "Together, we're building a world where secure, verified stablecoin payments are seamless and accessible, not just for institutions, but for people everywhere."
The core of this new functionality lies in Concordium's unique protocol-level identity (ID) and zero-knowledge proof (ZKP) technology. Ledger users can now: verify their identity on-chain using a Concordium ID, with privacy preserving ZKPs that confirm necessary attributes (like age or jurisdiction) without exposing personal data, and pay faster, cheaper, and more reliably with stablecoins on the Concordium blockchain.
Using Ledger hardware users can also manage Concordium accounts and securely sign transactions for CCD (Concordium's native token) and PLTs (protocol-level tokens/stablecoins), as well as delegate and stake CCD under Ledger's established security model. Built-in privacy and compliance features, including off-chain identity verification, identity disclosure only under lawful process, zero-knowledge proofs, and full auditability, ensure regulatory readiness without sacrificing user privacy.
Fintech Business Asia, a business of FinTech Business Review
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