icon - Archethic
UCO Archethic
-0.02%
$ 0.00020008
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Archethic
    $ 0.00020008
    $ 43,316
    $ 39
    0 UCO
    -0.02%

Archethic. Price of cryptocurrency: $ 0.00020008

What is UCO?
Archethic promises to secure accounts by tying them to a secured version of one's fingerprints. Archethic wants to give access to all technologies with the touch of a finger while simultaneously protecting one's identity. Archethic aims to be the most secure and fastest layer-one blockchain by providing faster validation times and higher scalability.
Decentralized identities, secure health records, smart cities, and end-to-end e-commerce are some of the imagined use cases.

Who is the originator of Archethic?
French financial professionals and computer science experts founded Archethic. The CEO spent ten years as Head of Mobile Banking in Africa and the deputy Director of Group Identity at Orange. Nilesh Patankar was the VP of Product Development and innovation at Mastercard. The team is made up of researchers from cole Polytechnique in Paris and professionals with work experience at renowned companies.

What makes Archethic different?
Archethic has developed a proprietary and patented consensus mechanism called ARCH that allows it to be used for several use cases. Archethic claims to be the first on the market to provide a proof of identity verification using the blockchain. It could be used to provide access to major public events without having to reveal our identity. The data from your finger will be used to generate a number of keys that will never be disclosed and will be used to protect our digital identity.
Archethic claims to be able to integrate different services like payments, inventory management, data storage and security. This would change the structure of current services, where separate companies provide their own services.

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How many UCO Coins are in circulation?
There is 10 billion of UCO.


There was a funding sale of 38.2%. Deliverables make up 23.6%. 14.6% of the pool is a network pool. 9% enhancement. The team is 5.6% Exchange rate is 3.4%. 3.4% is marketing. The team is 2.2 %.
Archethic had a market cap of 25.1 million dollars. The token that was not part of the initial sale will be vested over the course of two to five years.

The Archethic Network is secured.
The directed acyclic graph consensus mechanism is similar to Archethic's proprietary ARCH consensus mechanism due to its treatment of transactions as atomic units. The origin of a transaction can be verified with the help of a mining method. 295 miners are needed to verify transactions. The network chooses which miners get to validate transactions in a fair and geographically distributed way.
Each transaction chain will be stored in a way that is ordered and reproducible. The closest "elected" nodes will be able to relieve the network by interrogating all the other nodes.

Where can I purchase Archethic?
UCO can be found on Uni swapV2, Bitglobal, and Probit Global.
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