Quantum to Commercialize Its First QRNG Product to Address Cybersecurity Threats in the Data Centers, Blockchain and Bitcoin ...
2021年2月24日 - 2:33AM
Quantum Numbers Corp. (“Quantum” or the “Corporation”) (TSX-V: QNC;
OTCMKTS: QNCCF; F: 34Q) is pleased to announce its intention to
commercialize its first QRNG product to address cybersecurity
threats in the data centers, blockchain and Bitcoin industries.
COVID-19 pandemic has exacerbated the need for
better cybersecurity as a surge of incidences and cases of
cybercrime have been observed across industries. Cybersecurity now
dominates the strategic priorities of every organization and the
global cybersecurity market is predicted to grow from $167.1B in
2019 to $248.26B by 2023, attaining a 10.4% CAGR, according to
Statista.
Cybersecurity is intrinsically part of the value
propositions offered by data centers, blockchain and Bitcoin
industries, which forces them to make extremely high usage of
cryptography.
Data centers are the back-up and recovery point
for the critical and valuable data of any organization, and any
security vulnerability could lead to catastrophic consequences.
The nascent blockchain and cryptocurrencies
industries, based on the deployment of distributed ledgers, also
stands to be among the first to benefit from genuine quantum
innovation as they rely on digitally signed transactions validated
by cryptographic addresses that must ensure inviolability. These
functions require very strong random number generation, which means
high and immediately available entropy to avoid delays in
transaction processing.
Mr. Bertrand Reulet, Founder and Chief
Technology Officer of Quantum, said: “Our patent-protected Quantum
Random Number Generators (QRNG) provide ‘true’ randomness on the
grounds that their randomness is due to inherently
non-deterministic quantum phenomena which means data becomes
‘unhackable’.”
Mr. Francis Bellido, Chief Executive Officer of
Quantum, stated: "Our recent product management development points
to a fast track go-to-market (GTM) strategy. In reviewing our
product design and capabilities with a new vision, we are pivoting
to a commercially viable product ahead of the originally planned
CMOS implementation. This is groundbreaking and welcomed news for
our investors as we move ahead of the planned GTM by a full year.
In fact, our patent-protected Quantum Random Number Generators
(QRNG) technology is perfect to address the cryptographic needs of
the blockchain and Bitcoins revolution. Unlike other competitive
technologies that depend on photonics physical properties, our QRNG
is based on the quantum tunneling phenomenon created by electrons
and show distinctive advantages in term of robustness, speed,
scalability, and cost. In terms of device components, we are
testing alternatives to CMOS chips that are widely available and
adopted by our target markets. With successful test plans, I expect
our first product to be available for commercialization by Q2
2021.”
About Quantum
The Corporation’s mission is to address the
growing demand for affordable hardware security for connected
devices. The patented solution for a Quantum Random Number
Generator exploits the built-in unpredictability of quantum
mechanics and promises to provide enhanced security for protecting
high value assets and critical systems.
The Corporation intends to target the highly
valued healthcare services industry while ensuring its technology
is also relevant and applicable to others, such as financial
services, cloud-based IT security infrastructure, classified
government networks and communication systems, secure device keying
(IOT, automotive, consumer electronics) and quantum
cryptography.
For further information, please contact:
Francis Bellido, Chief Executive OfficerTel :
514.887.5469Email: info@quantumnumberscorp.comWebsite:
www.quantumnumberscorp.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This press release may contain forward-looking
statements that are subject to known and unknown risks and
uncertainties that could cause actual results to vary materially
from targeted results. Such risks and uncertainties include those
described in the Corporation’s periodic reports including the
annual report or in the filings made by Quantum from time to time
with securities regulatory authorities.
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