Archethic is a layer-one blockchain that aims to provide secure accounts by tying them to a cryptographically secured version of one's fingerprint. It offers access to various technologies with the touch of a finger while ensuring the protection of one's identity. Archethic aims to outperform other layer-one blockchains by providing faster validation times, higher scalability, and embedding biometry for tamper-proof and secure operations. The team boasts four years of research and twelve international patents, demonstrating their expertise. Their mission is to empower individuals with control over technology and their identity.

Potential use cases for Archethic include decentralized identities, secure health records, programmable fintech, smart cities, and end-to-end e-commerce. The roadmap outlines ambitious plans such as implementing the blockchain in supply chain management in 2022, assisting mobility and public transportation services in 2023, providing proof of identity for the Summer Olympics in Paris in 2024, and enabling biometric payments and securing medical records after 2025.

Archethic was founded by a team of French financial professionals and computer science experts. CEO Sebastien Dupont brings over ten years of experience as Head of Mobile Banking in Africa and Deputy Director of Group Identity at French mobile operator Orange. COO Nilesh Patankar previously worked as Director of Payments Technology at Barclays and VP of Product Development and Innovation at Mastercard. The team also includes researchers from École Polytechnique in Paris and professionals with experience at renowned companies like Mozilla, Google, and PwC. Archethic has partnerships with HEC Challenge+ and French accelerators, including the École Polytechnique X-UP accelerator.

Archethic stands out with its proprietary and patented consensus mechanism called ARCH, which enables the blockchain to be used for various applications. It offers tamper-proof biometric authentication, allowing decentralized identity verification without revealing personal details. This technology can be utilized for secure access to major public events or communication. Archethic uses biometric data from the user's finger to generate cryptographic keys, ensuring the encryption of digital identity. Additionally, Archethic aims to integrate different services natively, such as payments, inventory management, data storage, and security. This eliminates the siloed structure of current services and enables seamless utilization in fintech and healthcare, including biometric payments and secure medical records.

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Total supply: 1 billion.

Token distribution:

38.2% Funding Sale

23.6% Deliverables

14.6% Network Pool

9% Enhancement

5.6% Team

3.4% Exchange

3.4% Marketing

2.2% Team

Note: The maximum supply was initially 10 billion. 90% of the supply has been burned, resulting in a new supply of 1 billion. More details can be found in the Archethic blog.

Archethic utilizes its proprietary ARCH consensus mechanism, which is similar to the directed acyclic graph consensus mechanism. Transactions are treated as atomic units and verified through cryptographic methods, including biometric devices, smartphones, hardware or software keys. The validation of transactions requires 295 miners, chosen in a fair and geographically distributed manner. Storage nodes can be owned by anyone, and each transaction chain is stored in a reproducible and ordered manner across multiple nodes. This ensures the security and self-repair capability of the network, making it geo-secure.

Archethic (UCO) is available for trading on UniswapV2, Bitglobal, and Probit Global.

If you're new to cryptocurrency, you can learn more about entering the market and buying UCO or any other token in the BYDFi education portal — Alexandria.

Archethic is a layer-one blockchain that aims to secure accounts by tying them to a cryptographically secured version of one's fingerprint. It provides access to various technologies with the touch of a finger while protecting one's identity. Archethic offers faster validation times, higher scalability, and embeds biometry to make it tamper-proof and secure. The team has four years of research and twelve international patents, and their mission is to give people control over technology and their identity.

Use cases include decentralized identities, secure health records, programmable fintech, smart cities, and e-commerce. The roadmap outlines plans for implementing blockchain in supply chain management in 2022, assisting mobility and public transportation services in 2023, proof of identity for the Summer Olympics in Paris in 2024, and biometric payments and securing medical records after 2025.

Archethic was founded by a team of French financial professionals and computer science experts. CEO Sebastien Dupont has extensive experience as Head of Mobile Banking in Africa and Deputy Director of Group Identity at French mobile operator Orange. COO Nilesh Patankar previously worked as Director of Payments Technology at Barclays and VP of Product Development and Innovation at Mastercard. The team also includes researchers from École Polytechnique in Paris and professionals with work experience at renowned companies like Mozilla, Google, and PwC. They have partnerships with HEC Challenge+ and French accelerators, including the École Polytechnique X-UP accelerator.

Archethic has developed a proprietary and patented consensus mechanism called ARCH, enabling its blockchain to be used for various applications. It provides tamper-proof biometric authentication for decentralized identity verification. This can be utilized for access to major public events or communication without revealing identity details. Archethic encrypts digital identity using cryptographic keys generated from biometric data inside the finger, aiming for mass adoption of its blockchain.

Archethic also integrates different services like payments, inventory management, data storage and security, and more natively. This eliminates the siloed structure of current services and allows for fintech and health applications, including biometric payments and secure medical records, by having oracles natively integrated within its ecosystem.

Total supply of Archethic (UCO) coins is 1 billion.

Token distribution:

• 38.2% Funding Sale
• 23.6% Deliverables
• 14.6% Network Pool
• 9% Enhancement
• 5.6% Team
• 3.4% Exchange
• 3.4% Marketing
• 2.2% Team

Note: The maximum supply was initially 10 billion, but 90% has been burned, resulting in a new supply of 1 billion.

Archethic utilizes its proprietary ARCH consensus mechanism, similar to the directed acyclic graph consensus mechanism. Mining involves cryptographic verification to validate and secure the origin of a transaction using biometric devices, smartphones, hardware or software keys. Only 295 miners are required to validate transactions. Storage nodes can be owned by anyone, but the network selects miners in a fair and geographically distributed way. Early investors receive preferential treatment to become miners.

Transactions are individually chained and stored in a reproducible and ordered manner on a set of nodes. Each node independently knows all the nodes hosting a given transaction, making the system geo-secure and capable of self-repair.

Archethic (UCO) can be purchased on UniswapV2, Bitglobal, and Probit Global.

If you are new to cryptocurrency, you can learn more about entering the market and buying UCO or any other token in the BYDFi education portal — Alexandria.