MONTREAL, Feb. 23, 2021 (GLOBE NEWSWIRE) — Quantum Numbers Corp. (“Quantum” or the “Company”) (TSX-V: QNC; OTCMKTS: QNCCF; F: 34Q) is happy to announce its intention to commercialize its first QRNG product to deal with cybersecurity threats within the information facilities, blockchain and Bitcoin industries.
COVID-19 pandemic has exacerbated the necessity for higher cybersecurity as a surge of incidences and circumstances of cybercrime have been noticed throughout industries. Cybersecurity now dominates the strategic priorities of each group and the worldwide cybersecurity market is predicted to develop from $167.1B in 2019 to $248.26B by 2023, attaining a ten.4% CAGR, in line with Statista.
Cybersecurity is intrinsically a part of the worth propositions supplied by information facilities, blockchain and Bitcoin industries, which forces them to make extraordinarily excessive utilization of cryptography.
Information facilities are the back-up and restoration level for the essential and precious information of any group, and any safety vulnerability might result in catastrophic penalties.
The nascent blockchain and cryptocurrencies industries, based mostly on the deployment of distributed ledgers, additionally stands to be among the many first to learn from real quantum innovation as they depend on digitally signed transactions validated by cryptographic addresses that should guarantee inviolability. These features require very sturdy random quantity technology, which implies excessive and instantly accessible entropy to keep away from delays in transaction processing.
Mr. Bertrand Reulet, Founder and Chief Know-how Officer of Quantum, mentioned: “Our patent-protected Quantum Random Quantity Mills (QRNG) present ‘true’ randomness on the grounds that their randomness is because of inherently non-deterministic quantum phenomena which implies information turns into ‘unhackable’.”
Mr. Francis Bellido, Chief Government Officer of Quantum, said: “Our current product administration growth factors to a quick observe go-to-market (GTM) technique. In reviewing our product design and capabilities with a brand new imaginative and prescient, we’re pivoting to a commercially viable product forward of the initially deliberate CMOS implementation. That is groundbreaking and welcomed information for our traders as we transfer forward of the deliberate GTM by a full yr. In actual fact, our patent-protected Quantum Random Quantity Mills (QRNG) expertise is ideal to deal with the cryptographic wants of the blockchain and Bitcoins revolution. In contrast to different aggressive applied sciences that depend upon photonics bodily properties, our QRNG is predicated on the quantum tunneling phenomenon created by electrons and present distinctive benefits in time period of robustness, pace, scalability, and price. When it comes to machine elements, we’re testing options to CMOS chips which might be broadly accessible and adopted by our goal markets. With profitable check plans, I count on our first product to be accessible for commercialization by Q2 2021.”
About Quantum
The Company’s mission is to deal with the rising demand for inexpensive {hardware} safety for related gadgets. The patented answer for a Quantum Random Quantity Generator exploits the built-in unpredictability of quantum mechanics and guarantees to offer enhanced safety for shielding excessive worth property and significant methods.
The Company intends to focus on the extremely valued healthcare providers trade whereas making certain its expertise can also be related and relevant to others, reminiscent of monetary providers, cloud-based IT safety infrastructure, categorised authorities networks and communication methods, safe machine keying (IOT, automotive, shopper electronics) and quantum cryptography.
For additional data, please contact:
Francis Bellido, Chief Government Officer
Tel : 514.887.5469
Electronic mail: information@quantumnumberscorp.com
Web site: www.quantumnumberscorp.com
Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.
This press launch could comprise forward-looking statements which might be topic to identified and unknown dangers and uncertainties that might trigger precise outcomes to range materially from focused outcomes. Such dangers and uncertainties embrace these described within the Company’s periodic experiences together with the annual report or within the filings made by Quantum now and again with securities regulatory authorities.
