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Quantum eMotion Corp V.QNC

Alternate Symbol(s):  QNCCF

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It has launched its new QRNG2, an USB key that delivers pure entropy at 1.5 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. Its technology is also applicable to others, such as datacenters, blockchain technologies, financial services, cloud-based information technology (IT) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things (IOT), automotive, consumer electronics) and quantum cryptography industry.


TSXV:QNC - Post by User

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Comment by jojomarchon Sep 11, 2019 1:45pm
48 Views
Post# 30116981

RE:Amazon Entering Quantum Space - QLDB

RE:Amazon Entering Quantum Space - QLDB
Stonehouse97 wrote: "Klarna Bank is one of Europe’s largest banks, providing payment solutions to 60 million consumers across 130,000 merchants in 14 countries. “We’re building our own banking platform from the ground up. We need this platform to be scalable, compliance-friendly, cost-effective, and have real-time capabilities,” said Ziad Sawalha, VP Engineering of Core Banking, Klarna Bank. “To support this platform, we needed a cryptographically-verifiable and immutable transaction log at the core. We experimented with blockchain earlier this year and realized that a decentralized ledger did not really meet our needs as it was too complicated to operate and not sufficiently performant. With the release of Amazon QLDB we can leverage the AWS’s investment in a centralized ledger database to solve that problem, allowing us to focus our engineers on other, customer-centric aspects of the platform.”


Bank of Yokohama, a member of Concordia Financial Group, is the largest regional bank in Japan. “While designing and building applications to support banking operations, we need to ensure that the general ledger is up-to-date with the record of a client’s attribution and deposit balances. In addition to that, we need to retain the logs of our general ledger, including all of its transaction activity and modification history,” said Takahisa Kawahara, Group Leader, ICT Planning & Promotion Department, Bank of Yokohama. “Amazon QLDB allows us to automatically save the modification history and verify the consistency of the log. The solution reduces human error while keeping the development cost low. We look forward to leveraging Amazon QLDB for core banking operations.”"
https://finance.yahoo.com/news/aws-announces-general-availability-amazon-185500193.html

I wonder if QRNG can be integrated here...
 



Good catch StoneHouse  , this shows the importance and relevance of cybersecurity wich QNC could become an integral part of the solutions in many different fields .

Glta

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