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Bullboard - Stock Discussion Forum 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... see more

TSXV:ONE - Post Discussion

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Post by pedro7 on Jul 27, 2022 8:36am

News

IronCAP (TM) Completes PoC of Quantum-Safe Blockchain 01 Communique Laboratory, Inc. Wed., July 27, 2022, 8:00 a.m.4 min read In this article: OONEF 0.00% 01 Communique Laboratory, Inc. TORONTO, ON / ACCESSWIRE / July 27, 2022 /01 Communique Laboratory Inc.(TSX-V:ONE; OTCQB:OONEF) (the "Company" or "01"), has successfully achieved all technical objectives necessary to integrate IronCAP into the Solana blockchain thereby providing a quantum-safe blockchain that supports smart contracts while retaining Solana's ultra-fast throughput. "The technology we developed for this project is independent of the type of blockchain that is in use and as such it can be applied to not only the Solana blockchain but also other public blockchains such as Bitcoin, Ethereum, as well as most private business blockchains. The method of integration is unique and; therefore, we plan to file a patent application along with our partner, Talent Summit who has accepted and paid for the delivery of the Proof of Concept ("PoC"). Our next step will be to create and demonstrate a quantum-safe wallet while Talent Summit will plan for commercial development and launching of QNT - Quantum Native Token," said Andrew Cheung, President and CEO of 01 Communique. As previously announced, the Company was commissioned to develop theWorld's First Quantum-Safe Blockchaindesigned for Tokens, NFTs, Smart Contracts for the Metaverse, De-centralized Finance (DeFi). It is expected that this quantum-safe blockchain will be resilient against cyber-attacks, including attacks from Quantum Computers.
Comment by blue55 on Jul 27, 2022 9:48am
And when EXACTLY will this momentous news translate to meaningful REVENUE?  Anyone.....anyone......?
Comment by cabbieJBJ on Jul 27, 2022 9:52am
01 got paid for this work. The 05-APR-22 press release said, “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." I'm unsure how I feel about sharing ...more  
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