Archethic ($UCO) is the world's first biometric transaction chain, designed to revolutionize digital security and identity management. As a Layer 1 blockchain, Archethic aims to redeploy all traditional websites and apps from Web2 into its own Web3 ecosystem. Here’s what makes Archethic stand out:
Biometric Blockchain Technology
Archethic seamlessly integrates biometric data, such as fingerprints, with blockchain technology. This innovative approach ensures that your digital identity is secure and easily manageable. By using biometric data, Archethic eliminates the need for traditional passwords and private keys, enhancing both security and convenience.
UCO: The Fuel of Archethic
The UCO token powers the Archethic blockchain, enabling seamless transactions and interactions within the ecosystem. It’s used to pay for transaction fees, participate in governance, and share in the network’s revenue, making it a vital component of the Archethic network.
Biometric Cold Wallet
One of the most significant innovations of Archethic is its biometric cold wallet. This wallet leverages patented technology to generate private keys directly from your fingerprint. This means:
No More Lost or Stolen Keys: Your private keys are replaced by your unique biometric information, ensuring they are always secure.
User-Friendly Experience: Logging in and signing transactions become effortless, as you no longer need to remember complex passwords or manage private keys.
Enhanced Security: By not storing biometric data, the system ensures that your information remains private and protected from hacks.
Key Features of Archethic
1- Patented Technology: Archethic holds 11 patents that combine blockchain and biometrics, ensuring secure and private digital interactions.
2- Unique Blockchain Architecture: Each block in the Archethic blockchain contains a single transaction, creating a direct chain that enhances efficiency and scalability.
3- Innovative Consensus Algorithm: The ARCH Consensus Algorithm (Atomic Rotating Commitment Heuristic) validates transactions with a small, randomly selected number of nodes, achieving high scalability, decentralization, and security.
Archethic’s combination of biometric technology, innovative blockchain architecture, and the UCO token creates a secure and user-friendly digital ecosystem.
For more detailed information, visit our website at www.archethic.net
# Who Are the Founders of Archethic (UCO)?
Archethic was founded by a distinguished team of French financial professionals and computer science experts. Leading the company as CEO, Sébastien Dupont brings over a decade of experience, having served as Head of Mobile Banking in Africa and Deputy Director of Group Identity at Orange, the French mobile operator.
The COO, Nilesh Patankar, boasts a rich background, having held positions such as Director of Payments Technology at Barclays and VP of Product Development and Innovation at Mastercard.
The team is further strengthened by researchers from the prestigious École Polytechnique in Paris and seasoned professionals with experience at renowned organizations like Mozilla, Google, and PwC.
Archethic has forged strategic partnerships with HEC Challenge+ and several French accelerators, including the École Polytechnique X-UP accelerator, to drive its innovation and growth.
# Where to Buy UCO?
We have developed our own blockchain and created a dedicated decentralized exchange (DEX) called "aeSwap." Most of the liquidity is concentrated on aeSwap, minimizing price impacts :
aeSwap
Alternatively, $UCO is available for purchase on various centralized exchanges (CEX) and decentralized exchanges (DEX). For a full list, visit our website.
# Add Liquidity to Earn UCO
The liquidity farming feature is available under the "Earn" tab on our DEX, aeSwap. This feature offers high Annual Percentage Rates (APR) for those who believe in the project and are willing to lock their liquidity. By participating in liquidity farming, you can earn $UCO while supporting the ecosystem.
Open Earn in aeSwap