Uniris: is this French start-up reinventing blockchain technology?

The French company Uniris made a name for itself by proposing a unique identification process based on the vein network of the fingers. However, the next-generation blockchain technology that supports this future security standard has led engineers down paths far from the accepted norm in the field: change of scale, speed, reliability, open source, native integration of biometric recognition and programmatic capabilities. These are new horizons that are being explored by our tricolors.

This original network, whose Mainnet was launched on July 5, has an impressive list of patents, innovations, and potentialities that could well make it a providential outsider, capable of initiating theworldwide and globalizedadoption that we all expect.

This promotional article is brought to you in collaboration with Uniris.

Uniris shakes up the norm to move up a gear

Uniris aims to replace applications and services with a complete and open ecosystem in the making. Identifying oneself or paying on the Internet without compromising one’s personal information, opening the door of one’s home or car, always having one’s medical file available, the possibilities seem overwhelming.

In order to avoid the

Forced to use a single chain composed of blocks issued one after the other, the developers have explored a totally new solution

: the blocks are actually the transactions. This simple evolution can be considered as a real revolution, and makes Uniris the first “Transaction Chain”.

On the Uniris network

, each transaction is a block, reduced to its “atomic” expression and containing its own validation keys as well as the signature of the device that generates the transaction. A considerable gain in speed, energy and price compared to the best in the field. This approach provides the “transaction chain” with a set of new attributes that give it unprecedented capabilities. Presentation of the “Transaction Chain” mechanism

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With the ambition to conquer a concrete and central place in our daily life, the UNIRIS smart-contracts

contained in the transactions are very simple to deploy and very practical to use. They are autonomous (no need for external services to trigger them), scalable (they can be updated once deployed), and directly interpretable by miners.

A sustainable, scalable, secure and inclusive protocol

To do this, the company relies on a new unbreakable validation consensus, capable of respecting but above all extending the original premise

of blockchain technology: to give everyone back control over their capital, technology and personal data by doing away with trusted third parties imposed by centralized systems (Facebook, Google, Amazon, banks … ). <img width=”1920″ height=”1080″ src=”//www.w3.org/2000/svg’%20viewBox=’0%200%201920%201080’%3E%3C/svg%3E” alt=”Blockchain DEX” />

This protocol, designed to enable mass adoption, is called ARCHE (acronym for Atomic Rotating Commitment Heuristic). Unpacking the term helps to better understand how it works:

  • Atomic Commitment: A form of consensus that implies 100% positive and matching responses, or refusal to commit the transaction.
  • Rotating: Since the network is fully distributed, the nodes elected for each transaction are constantly changing. Thus, it is impossible to predict which nodes will be elected before a transaction arrives.
  • Heuristics: A set of algorithms, software and parameters that manage the entire network, allowing the network to elect in a coordinated and decentralized manner the nodes in charge of validating and storing transaction chains.

Uniris is no longer just an identification technology that gives your fingers the same properties as a bank card chip. This total and secure accessibility has been the pretext for the development of a totally redesigned “Transaction Chain”

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, in order to offer a decentralisation that has never been seen before.

With a performance of 1 million transactions per second, a validation time of less than 5 seconds and an anecdotal price of 0.1% of the transaction amount, the risk of corruption is reduced to 0.0000001% even in the presence of 90% of malicious nodes. Finally, the energy consumption is 3.6 billion times lower than a validation on the Bitcoin network