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01 Communique Laboratory Inc V.ONE

Alternate Symbol(s):  OONEF

01 Communique Laboratory Inc. is a Canada-based technology company. The Company operates two business units. Its primary focus is cyber security business unit focusing on Post-Quantum Cryptography (PQC). PQC is designed to operate on classical computer systems, while at the same time secure enough to safeguard against cyber-attacks from quantum computers. IronCAP X is a quantum-safe end-to-end email encryption solution, which is designed for ultimate email privacy as well as ensuring senders' authenticity to eliminate phishing. The Company provides IronCAP cryptographic engine to businesses of all sizes, allowing them to easily transform their systems to withstand threats from Quantum Computers. The Company also provides vertical solutions that utilize its own IronCAP cryptographic engine to ensure quantum safety. Its remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings.


TSXV:ONE - Post by User

Comment by pemican21on Apr 05, 2022 8:06am
155 Views
Post# 34575828

RE:REVENUE from IronCAP

RE:REVENUE from IronCAP

Introducing Best-in-Class Quantum-Safe Blockchain

TORONTO, ON / ACCESSWIRE / April 5, 2022 / 01 Communique Laboratory Inc. (TSXV:ONE)(OTCQB:OONEF) (the "Company" or "01"), has been commissioned to develop the World's First Quantum-Safe Blockchain designed for Tokens, NFTs, Smart Contracts for the Metaverse, De-centralized Finance (DeFi). It is expected that this best-in-class quantum-safe blockchain will be resilient against cyber adversaries, including quantum attacks.

Blockchain technology is vulnerable to cyber-attacks, including quantum threats. A recent crypto hack reported a loss of over $300 million due to hackers forging a wrong signature to fake a transaction. These hacks have now become commonplace, and it is anticipated that the introduction of quantum computing will increase them dramatically.

After an extensive global search, a consortium of highly successful crypto experts has selected the Company as their technology partner and Post-Quantum Cryptography (PQC) provider. The consortium (Talent Summit) is pursuing the new blockchain aggressively and is planning a Proof-of-Concept (PoC) within three months. The PoC of this new venture is the first step towards protecting the de-centralized eco-system.

"01 has taken a minority position in Talent Summit and in addition will be compensated for the development project by way of a payment of $250,000 cash plus a 10% royalty for the ongoing share of the 'Tokens' per transaction," said Andrew Cheung, the President and CEO of 01 Communique.

01 will protect the integrity of this state-of-the-art blockchain by using its patent-protected, quantum-safe, IronCAP™ technology. In addition to being quantum-safe and supporting smart contracts, this new blockchain is aiming at high-performance with the ability to process tens of thousands of transactions/second (TPS).

"This revolutionary blockchain is essentially a transformation of the proven Solana blockchain into a quantum-safe version to be incorporated in Tokens, NFTs, Smart Contracts for Metaverse, DeFi, and more," said Andrew Cheung.


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