Concordiums is a blockchain initiative that was founded by ex-Saxo Bank CEO Lars Seier Chrisensen. The project has been designed to “combine a built-in anti-money-laundering module along with a know-your-customer function.”
The platform has been devised in a way such that it is fully compliant with the EU’s General Data Protection Regulation guidelines.
Han-Ole Jochumsen, ex-Vice chairman of NASDAQ Europe, has officially joined the blockchain startup as a member on the firm’s advisory board. Jochumsen is also the chairman of Nordax Bank AB
He will be in charge of overseeing Concordium’s legal and monetary compliance efforts.