The Archipels consortium is joined by IN Groupe, a specialist in secure identities and digital services. As a current technological partner of Archipels, IN Groupe enters the capital on an equal footing with Caisse des Dépôts and La Poste, and will sit on the Strategic Council of Archipels.
Founding shareholders, La Caisse des Dépôts and La Poste Group are participating in the new round of funding to accelerate Archipels' growth and support the development of digital trust on the blockchain.
This capital increase supports Archipels' ambition to become a leader in decentralized digital identity and decentralized data verification.
To achieve this goal, Archipels aims to accelerate its commercial development, strengthen its presence in international markets, mainly in Europe and North Africa, and expand its decentralized identity services.
Archipels plans to double its workforce by 2024 in product development, sales, partnerships and technical functions. The company also aims to double its number of customers by the end of 2023.
On a European scale, Archipels aims to contribute to the construction of a global, interoperable ecosystem of digital identities. To fulfill this ambition, Archipels is involved in two consortia made up of several European Union member states and industrialists, to lead the large-scale deployment pilots of the European digital identity wallet ("EUDI Wallet") commissioned by the European Commission.
"The decentralized identity market is still young, but it is gaining ground, and by working with leading and complementary industrial players such as IN Groupe and Docaposte, we are able to benefit from synergies and accelerate the adoption of our technologies by a greater number of companies and organizations," explains Hervé Bonazzi, CEO of Archipels.
"Our entry into Archipels' capital is part of the execution of IN Groupe's 2025 Digital Odyssey strategy around identities and digital services of the future, in physical and digital environments. This investment is a key step in the development and deployment of decentralized identity solutions that can guarantee sovereignty for governments and data security for users," adds Didier Trutt, Chairman and CEO of IN Groupe.
" We are proud to strengthen our support for Archipels, which contributes to one of our priorities in favor of digital sovereignty. IN Groupe's entry into the capital is a major asset for developing a web 3 solution that could become a sovereign standard for decentralized, secure and verified digital identity." Olivier Sichel - Chief Operating Officer, Caisse des Dépôts
"It's important for La Poste Group, a reference in digital trust solutions with its subsidiary Docaposte, to contribute to the establishment of a French champion in decentralized management of identity attributes. That's whywe've been with Archipels since its creation, and why we're supporting it in this new stage of its development in France and Europe.Olivier Vallet, Executive Vice President, Consumer and Digital Division, La Poste Group, Chairman and CEO, Docaposte
Archipels guarantees the traceability, transparency and integrity of information exchanged, while preserving the confidentiality of sensitive data. The robust infrastructure and advanced cryptographic mechanisms offer additional protection against cyber threats and privacy breaches.
These services are supported by a trusted infrastructure capable of carrying individual and corporate identity registers, based on a French sovereign permissioned blockchain maintained solely by French trusted third parties on low-carbon infrastructures.
KEY FIGURES
- 70 million verifiable documents already anchored on the Archipels blockchain
- 24 blockchain nodes operated in France
- 300 milliseconds is the time it takes to verify the authenticity of a document or data item on Archipels.
About Archipels
Archipels offers a platform of digital trust services on a sovereign blockchain, operated by a consortium formed by Caisse des Dépôts, La Poste, IN Groupe, EDF and ENGIE, and supports all organizations in the certification and verification of their documents and data to combat document fraud and identity theft, accelerate customer relations and trace business processes. Archipels also offers decentralized digital identity solutions (Self-Sovereign Identity) that respect privacy and comply with future European regulations for issuing and verifying individual and corporate identity attributes. Thanks to its technical expertise, Archipels is accelerating companies' transition from web2 to web3.
Press contact
Marie-Philippine Méchet
06 60 65 20 65
About IN Groupe
As global specialist in identity and secure digital services, IN Groupe is the trusted partner in the management and protection of sensitive data. By mastering the entire valuechain of the identity, IN Groupe has deployed its expertise beyond sovereign identity by extending its solutions and services to professional identities and identity of things. A stakeholder in major issues aimed at improving and securing the right to be yourself in the digital age, the Group regularly intervenes with institutions and organizations involved in the identity ecosystem in Europe. IN Groupe’s solutions, at the cutting edge of technology, integrate electronic, optical, holographic and biometric technologies, at the service of States, businesses and citizens. The Group operates 4 reference brands, each a leader in their respective markets, IN Groupe for physical and digital identity solutions for Governments and administrations, Nexus for secure identity solutions for professionals and objects, SPS for electronic components and package solutions for banking and identity, and Surys for optical and holographic components for the banknote and identity market. As a national state printing company, IN Group is a committed player in the most protective and secure digital identity schemes.
IN Groupe in figures (2022 turnover):
€516m - 1,900 employees - 9 sites in Europe – 8 sales offices around the world. + 130 countries using IN Groupe’ solutions - 30 partner governments
