Is Coronavirus the new ‘X’ factor of technologies?

Is Coronavirus the new ‘X’ factor of technologies?

We are living in an unprecedented global health crisis, and no country in the world is an exception. During this pandemic, it is vital to stop the spread of the virus by limiting travel and gatherings which represent an obvious risk of spread. While many countries, like France are in confinement for an indefinite period, but what about the aftermath?

The Impacts

  • The first, that are going to be impacted are unfortunately humans than the economies. This is seen during the first round of municipal elections in France, that many people did not vote due to the fears of virus spreading, thereby limiting the potential of democracy.
  • The constraints necessary to prevent the spread of Coronavirus come through measures limiting physical contact between humans. Exchanges and remote transactions (purchases, teleworking, conferences, etc.) were first advised and are now imposed. Several million employees are now working from home. Many more consumers are turning to online shopping orders.
  • This situation is unprecedented and many companies are not at all structured for working from home and to even make it more complicated, the internet and telephone communication networks are saturated than ever before.
  • In the context of the elections for example in France, no measures were taken to vote at a distance. This resulted in record not voting in the first round to 55%, and the cancellation of the second round blocked the democratic process.

Is Blockchain the solution for the Pandemic?

Solutions exist to relieve networks and allow democratic continuity. The most effective is the use of blockchain to manage exchanges and transactions remotely in real time.

However, this blockchain must be able to manage all transactions from a country or even from the entire planet in a few seconds, and that the identity of users must be proven to be unfalsifiable without exposing it to the risk of fraud, or diversions.

Today, many things can be performed online, such as passport renewal, paying bills, many more. However, voting is a very special case. There must be a certainty that it is you and no one else voted on your behalf and mainly that this choice is not made under any constraints.

Blockchain can definitely ensure democratic continuity and allow voters to vote from anywhere on the planet without the risk of identity theft provided it is paired with a tamper proof biometric technology and has internet access.

And Uniris?

For 5 years, Uniris has been aware that the future of our planet will depend on better management of network flows in order to better control our carbon footprint and improve our daily lives by allowing everyone to spend less time in commuting to office, thereby spending the time saved with family, friends, hobbies or causes that we think are right and hence ensure an overall increase in the quality of life in general.

The Archethic blockchain was designed in this sense by being able to manage more than 1 million transactions in 1 second and consuming 3.6 billion times less than a Bitcoin, and so that everyone can use this technology with confidence. Archethic has also developed a technology that protects both the identity of users in an inviolable manner and without any key/data storage while ensuring maximum interoperability (FIDO2 / W3C) through the Uniris Biometric device.

Final Thoughts

The two solutions, Archethic Public Blockchain and Uniris biometric authentication have been validated to allow forgery-proof authentication without privacy disclosure.

The validation is led by the Strategic Committee of the Security Industries Sector (CSF) part of the French National Council of Industry which selected Uniris to contribute to the security of major events such as the Olympic Games Paris 2024.

Archethic Public Blockchain

Archethic is a Layer 1 aiming to create a new Decentralized Internet.

Its blockchain infrastructure is the most scalable, secure & energy-efficient solution on the market thanks to the implementation of a new consensus: "ARCH".

Archethic smart contracts expand developers' boundaries by introducing internal oracle, time-triggers, editable content & interpreted language.

Through native integration for DeFi, NFTs & decentralized identity; Archethic offers an inclusive and interoperable ecosystem for all blockchains.

In order to achieve the long-term vision of an autonomous network in the hands of the world population, we developed a biometric device respecting personal data privacy (GDPR compliant).

Making the blockchain world accessible with the tip of a finger. Be the only key!

Archethic Foundation Non-profit in order to manage decentralized governance of the public blockchain

Do you want to learn more?  

White Paper
Yellow Paper

Join our community!