Bitcoin.com has partnered with PayFi-focused Layer-1 blockchain Concordium to introduce age-verified payments for over 75 million wallets worldwide.

The collaboration integrates Concordium’s ‘1-Click Verify & Pay’ technology into Bitcoin.com’s wallet app, marking a step toward more compliant and verified crypto transactions.

The integration, currently under development and set to launch soon, will allow wallet users to verify attributes such as age or jurisdiction without revealing personal data or navigating complex identity processes.

Verification will occur off-chain via trusted third-party providers, ensuring that no personal information is stored on the blockchain.

Each transaction will use zero-knowledge proof (ZKP) technology, providing full privacy while maintaining compliance with regulatory standards.

“At Bitcoin.com, our focus has always been on empowering people to take control of their finances through self-custody,” said Corbin Fraser, CEO of Bitcoin.com.

The partnership between Bitcoin.com and Concordium comes amid growing concerns about government-backed digital IDs and centralized data collection.

Concordium’s ‘1-Click Verify & Pay’ offers a decentralized, privacy-focused alternative that allows users to prove eligibility without disclosing their identity.

Through this integration, merchants will be able to verify user access and accept stablecoin payments for age-restricted products and services such as alcohol, gambling, and adult content—ensuring regulatory compliance without complex setup or ongoing costs.

For the first time, blockchain technology presents a scalable and lawful payment solution for e-commerce.

The launch of age-verified crypto payments also addresses a key regulatory gap highlighted by the implementation of new online safety laws in markets including the UK, France, and several US states.

The UK government has noted that over five million additional age checks are now being conducted daily as users attempt to access age-restricted sites following the introduction of the Online Safety Act.

Despite the stablecoin market exceeding $308 billion, about 99% of stablecoin transactions remain confined to crypto trading platforms, largely due to the absence of identity verification.

By enabling compliant, privacy-preserving transactions, the Bitcoin.com–Concordium integration aims to expand stablecoin use beyond trading and reduce fears of state surveillance in digital payments.

The post Bitcoin.com teams up with Concordium to enable age-verified crypto payments worldwide appeared first on Invezz

Bitcoin.com has partnered with PayFi-focused Layer-1 blockchain Concordium to introduce age-verified payments for over 75 million wallets worldwide.

The collaboration integrates Concordium’s ‘1-Click Verify & Pay’ technology into Bitcoin.com’s wallet app, marking a step toward more compliant and verified crypto transactions.

The integration, currently under development and set to launch soon, will allow wallet users to verify attributes such as age or jurisdiction without revealing personal data or navigating complex identity processes.

Verification will occur off-chain via trusted third-party providers, ensuring that no personal information is stored on the blockchain.

Each transaction will use zero-knowledge proof (ZKP) technology, providing full privacy while maintaining compliance with regulatory standards.

“At Bitcoin.com, our focus has always been on empowering people to take control of their finances through self-custody,” said Corbin Fraser, CEO of Bitcoin.com.

The partnership between Bitcoin.com and Concordium comes amid growing concerns about government-backed digital IDs and centralized data collection.

Concordium’s ‘1-Click Verify & Pay’ offers a decentralized, privacy-focused alternative that allows users to prove eligibility without disclosing their identity.

Through this integration, merchants will be able to verify user access and accept stablecoin payments for age-restricted products and services such as alcohol, gambling, and adult content—ensuring regulatory compliance without complex setup or ongoing costs.

For the first time, blockchain technology presents a scalable and lawful payment solution for e-commerce.

The launch of age-verified crypto payments also addresses a key regulatory gap highlighted by the implementation of new online safety laws in markets including the UK, France, and several US states.

The UK government has noted that over five million additional age checks are now being conducted daily as users attempt to access age-restricted sites following the introduction of the Online Safety Act.

Despite the stablecoin market exceeding $308 billion, about 99% of stablecoin transactions remain confined to crypto trading platforms, largely due to the absence of identity verification.

By enabling compliant, privacy-preserving transactions, the Bitcoin.com–Concordium integration aims to expand stablecoin use beyond trading and reduce fears of state surveillance in digital payments.

The post Bitcoin.com teams up with Concordium to enable age-verified crypto payments worldwide appeared first on Invezz