QANplatform’s quantum-resistant technology has been adopted by the first European country. The technology is being used to protect the state-owned cybersecurity infrastructure from quantum computing attacks. The quantum-resistant blockchain allows developers to create smart contracts and applications resistant to quantum attacks. The name of the adopting country has not been disclosed for national security reasons.
European Commission and Cybersecurity
QAN’s Intellectual Property holding company CEO, Patrick Storchenegger, states that the integration of QAN roll-up will serve as a key component in the country’s post-quantum cybersecurity layer. Post-quantum security has seen increasing interest since December 2023, following the release of IBM Condor, the second-largest quantum processor, with 1,121 qubits.
Aware of the impending threat of quantum computers, the European Commission launched the Quantum Flagship initiative in 2018, a research endeavor with a budget of at least 1 billion euros over 10 years.
Major companies are also preparing for a post-quantum future. Apple released an update in February aiming to future-proof iMessages with post-quantum cryptography, placing Apple at the forefront of quantum-resistant messaging providers. Signal launched a quantum-resistant encryption upgrade in September 2023, but Apple claims it was the first to achieve level 3 encryption.
Executive Comments on the Matter Promptly
While breaking current messaging encryption models is still not feasible due to the time and computational power required, the advancement of quantum computers will eventually make it possible. According to Johann Polecsak, co-founder and CTO of QANplatform, staying ahead of the quantum computing curve in cybersecurity protocols is crucial. Polecsak made the following statement:
“When it comes to cybersecurity, especially in the age of ‘store now, decrypt later,’ we must always be ahead of the curve. The day when quantum computers will break today’s security algorithms is just a matter of time. With this awareness, we built QANplatform from the ground up to be immune to quantum computer attacks.”
In December 2023, QANplatform received an investment of 15 million dollars from MBK Holding and will use these funds to develop quantum-resistant technology roll-ups.
