Web3

First EU Country Implements QANplatform’s Quantum-Resistant Technology

Zug, Switzerland, March 14th, 2024, Chainwire

QANplatform has introduced that its quantum-resistant know-how is getting used for the primary time by an EU nation within the public sector. QANplatform’s know-how protects government-owned cybersecurity infrastructure towards 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 creating 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 Technology) quantum-resistant suggestions. The companions are implementing these PQC options into enterprise software program. 

Patrick Storchenegger and Johann Polecsak. Please obtain the photographs from SOURCE for higher high quality

Patrick Storchenegger stated: “We are proud of the successful integration of QAN’s unique technology by our partner, now utilized as a key component in its software as a post-quantum cybersecurity layer. This will enhance the country’s strategic advantage in navigating the quantum leap by securing its operations.”

Johann Polecsak added: “We must always be ahead of the curve when it comes to cybersecurity, especially in the era of ‘Store now, decrypt later’. It is only a matter of time until quantum computers can break today’s security algorithms. Recognizing this, we have built QANplatform from ground up to be immune against quantum computer attacks.”

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

The previous 12 months has seen a dramatic enchancment in quantum computing capabilities, marked by IBM’s Condor, the 1000+ qubit power-machine. The US White Home has launched its National Cybersecurity Strategy, emphasizing post-quantum cybersecurity as a key pillar, and in January 2024, NATO and the World Economic Forum additionally launched methods to organize for the quantum period. 

The EU is anxious to not fall behind within the quantum race towards its international opponents. The Quantum Applied sciences Flagship was launched in 2018 with a €1 billion funds to fulfill this problem. The race between quantum know-how 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.

Observe: For nationwide safety causes, the title of the EU nation described on this launch can’t be disclosed, nor can particular particulars in regards to the precise 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 prime of the QAN blockchain platform in any programming language. Alpine Esports, a Group Renault model, and inter alia within the Components 1 Esports Collection signed QANplatform as its Official Blockchain Companion. QANplatform was chosen for the EY (Ernst & Young) Global Startup Academy 2023 Program, and backed by Qatar’s MBK Holding.

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