QANplatform’s cutting-edge technology, which is resistant to quantum computing attacks, has been adopted by a European country, as stated in a press release shared with Cointelegraph on March 14th.
The primary purpose of QANplatform’s technology is to safeguard government-owned cybersecurity infrastructure from quantum threats. By utilizing a quantum-resistant blockchain, developers can create smart contracts and applications that are impervious to quantum attacks. However, the identity of the country that has adopted this technology has not been disclosed due to national security concerns.
Patrick Storchenegger, the CEO of QAN’s Intellectual Property holding company, emphasized that the integration of the QAN stack will play a crucial role in the country’s post-quantum cybersecurity framework.
The interest in post-quantum security has surged since the launch of IBM Condor, the second-largest quantum processor with 1,121 qubits, in December 2023.
To address the imminent threat posed by quantum computers, the European Commission initiated the Quantum Flagship in 2018. This research initiative has a budget of at least €1 billion and a duration of 10 years.
Not only European countries, but large companies like Apple are also preparing for a post-quantum future. In February, Apple introduced an update to make iMessages future-proof with post-quantum cryptography, making it one of the first providers offering quantum-proof messaging. Signal had launched a “quantum-resistant” encryption upgrade in September 2023; however, Apple claims to have reached “level 3” encryption first.
Although breaking current messaging encryption models is currently deemed impractical due to the substantial time and computational power required, the advancement of quantum computers will eventually make it feasible.
Johann Polecsak, the co-founder and CTO of QANplatform, stressed the importance of staying ahead of the quantum computing curve to maintain robust cybersecurity protocols.
QANplatform secured a $15 million investment from MBK Holding in December 2023, and the funds will be utilized to further enhance its quantum-resistant technology stack.
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