First EU Nation Implements QANplatform’s Quantum-Resistant Expertise

Zug, Switzerland, March 14th, 2024, Chainwire

QANplatform has introduced that its quantum-resistant expertise is getting used for the primary time by an EU nation within the public sector. QANplatform’s expertise protects government-owned cybersecurity infrastructure in opposition to quantum computing assaults.

The announcement was made in Zug, Switzerland, with Johann Polecsak, Co-Founder and CTO of QANplatform, and QAN’s Mental Property (IP) holding firm led by CEO Patrick Storchenegger. The companions are growing and implementing post-quantum cybersecurity (PQC) options primarily based on the QAN blockchain platform’s post-quantum characteristic. It aligns with the NIST’s (US Nationwide Institute of Requirements and Expertise) quantum-resistant suggestions. The companions are implementing these PQC options into enterprise software program.

Picture: Patrick Storchenegger and Johann PolecsakPlease obtain the pictures from SOURCE for higher high quality

Patrick Storchenegger mentioned: “We’re happy with the profitable integration of QAN’s distinctive expertise by our accomplice, now utilized as a key element in its software program as a post-quantum cybersecurity layer. This may improve the nation’s strategic benefit in navigating the quantum leap by securing its operations.”

Johann Polecsak added: “We should all the time be forward of the curve with regards to cybersecurity, particularly within the period of ‘Retailer now, decrypt later’. It is just a matter of time till quantum computer systems can break at the moment’s safety algorithms. Recognizing this, we’ve got constructed QANplatform from floor as much as be immune in opposition to quantum laptop assaults.”

Retailer now, decrypt later (SNDL) often known as harvest now, decrypt later (HNDL), is a cybersecurity risk that includes attackers gathering encrypted information with the intention of decrypting it later utilizing extra highly effective computing strategies, similar to quantum computer systems.

The previous 12 months has seen a dramatic enchancment in quantum computing capabilities, marked by IBM (NYSE:)’s Condor, the 1000+ qubit power-machine. The US White Home has launched its Nationwide Cybersecurity Technique, emphasizing post-quantum cybersecurity as a key pillar, and in January 2024, NATO and the World Financial Discussion board additionally launched methods to organize for the quantum period.

The EU is anxious to not fall behind within the quantum race in opposition to its world opponents. To satisfy this problem, the Quantum (NASDAQ:) Applied sciences Flagship was launched in 2018 with a €1 billion finances. The race between quantum expertise and the event of cybersecurity countermeasures has made it crucial for the general public sector to take proactive measures to deal with these safety challenges.

Word: For nationwide safety causes, the identify of the EU nation described on this launch can’t be disclosed, nor can particular particulars in regards to the actual use case.

About QANplatform:

QANplatform is the quantum-resistant hybrid blockchain platform that permits builders and enterprises to construct quantum-resistant sensible contracts and web3 options on high of the QAN blockchain platform in any programming language. Alpine Esports, a Group Renault (EPA:) model, and inter alia within the Components 1 Esports Sequence signed QANplatform as its Official Blockchain Associate. QANplatform was chosen for the EY (Ernst & Younger) International Startup Academy 2023 Program, and backed by Qatar’s MBK Holding.

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ContactJevgenia KIMpress@qanplatform.com

This text was initially revealed on Chainwire