in

01 Communique Announces Completion of a Quantum-Safe Wallet

TORONTO, ON/ ACCESSWIRE/ October 27, 2022/ 01 Communique Laboratory Inc. (the “Company”) (TSXV: ONE; OTCQB: OONEF), a first-to-market, business level cybersecurity company has actually produced the very first quantum-safe crypto wallet secured by post-quantum cryptography (PQC) algorithm authorized by NIST. A patent application has actually now been submitted and the wallet is readily available for presentation

On July 27, 2022 we revealed the Proof-of-Concept (” PoC”) for the World’s First Quantum-Safe Blockchain which supports wise agreements while keeping ultra-fast throughput. The technical elements of the job are solved and, in combination with our partner, we have actually established a quantum-safe wallet with QNT (” Quantum Native Token”) as the underlying “quantum-safe coins” operating on Solana blockchain.

Quoting Andrew Cheung, CEO of 01 Communique, “The end points in a blockchain are the weakest link in the system and present wallets are susceptible to quantum computer system attacks. Blockchain information is implied to be held permanently so it should be safeguarded from attacks by quantum computer systems. We have actually included our IronCAP ™ into a wallet and, guaranteeing the endpoint is quantum-safe. This innovation is independent of the kind of blockchain in usage and can be quickly adjusted by other public blockchains such as Bitcoin, Ethereum, along with personal service blockchains.”

This statement represents an enormous inflection point in crypto and blockchain security. The arrival of correctly secured wallets and far higher security for blockchain is a gamechanger.

A presentation of the wallet is openly available at: https://qnt-demo.ironcap.ca

About 01 Communique

01 Communique (TSXV: ONE; OTCQB: OONEF) is among the first-to-market, business level cybersecurity service providers for the quantum computing period. Its IronCAP ™ innovation, secured in the U.S.A. by its patent #11,271,715, is a cryptographic system including sophisticated post-quantum cryptographic innovation that can be carried out on classical computer system systems as we understand them today while at the exact same time can likewise secure versus attacks in the post-quantum world of computing. The Company’s remote gain access to organization system supplies its clients with a suite of safe and secure remote gain access to product and services under its I’m InTouch and I’m OnCall item offerings. The remote gain access to offerings are secured in the U.S.A. by its patents # 6,928,479/ # 6,938,076/ # 8,234,701; in Canada by its patents # 2,309,398/ # 2,524,039 and in Japan by its patent # 4,875,094 To find out more, go to the Company’s website at www.ironcap.ca and www.01 com.com

Cautionary Note Regarding Forward-looking Statements.

Certain declarations in this press release might make up “positive” declarations which include understood and unidentified dangers, unpredictabilities and other elements which might trigger the real outcomes, efficiency or accomplishments of the Company, or market outcomes, to be materially various from any future outcomes, efficiency or accomplishments revealed or suggested by such positive declarations. When utilized in this press release, such declarations utilize such words as “might”, “will”, “anticipate”, “think”, “strategy”, “plan”, “are positive” and other comparable terms. Such declarations consist of declarations concerning the industrial success of IronCAP X ™, the future of quantum computer systems and their influence on the Company’s item offering, the performance of the Company’s items and the desired line of product for the Company’s innovation and the prospective licensing of the Company’s innovation. These declarations show existing expectations relating to future occasions and running efficiency and speak just since the date of this press release. Positive declarations include considerable dangers and unpredictabilities, must not read as assurances of future efficiency or outcomes, and will not always be precise indicators of whether such outcomes will be attained. A variety of aspects might trigger real outcomes to vary materially from the outcomes talked about in the positive declarations, consisting of, however not restricted to, the aspects talked about under “Risk and Uncertainties” in the Company’s Management’s Discussion and Analysis file submitted on SEDAR. The positive declarations included in this news release are based upon what management of the Company thinks are sensible presumptions, the Company can not guarantee financiers that real outcomes will be constant with these positive declarations. These positive declarations are made since the date of this press release, and the Company presumes no responsibility to upgrade or modify them to show brand-new occasions or scenarios.

Neither TSX Venture Exchange (” TSX-V”) nor its Regulation Services Provider (as that term is specified in the policies of the TSX Venture Exchange) accepts obligation for the adequacy or precision of this release.

INVESTOR CONTACT:

Brian Stringer

Chief Financial Officer

01 Communique

(905) 795-2888 x204

[email protected]

SOURCE: 01 Communique Laboratory, Inc.

Read More

What do you think?

Written by admin

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Ethereum Sees Higher Gains As Crypto Market Recovers

Ethereum Sees Higher Gains As Crypto Market Recovers

Wish To Fundraise Cryptocurrency? Here Are 5 Steps To Do Just That

Wish To Fundraise Cryptocurrency? Here Are 5 Steps To Do Just That