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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 offers QRNG2, an USB key that delivers pure entropy at 1.8 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. The Company offers Entropy-as-a-Service (EaaS) concept where a service provider delivers on-demand entropy through a cloud network. Its random number generator (QRNG2) utilizes quantum electron tunneling to produce truly random and unpredictable numbers. By integrating QRNG2 into the QxEaaS platform, it offers a range of on-demand entropy and IT security services for authorized devices. The platform distributes cryptographically secured keys and strings.


TSXV:QNC - Post by User

Post by Cautus99on Aug 18, 2021 10:30am
137 Views
Post# 33722996

Quantum eMotion Joins the Quantum Alliance Initiative

Quantum eMotion Joins the Quantum Alliance Initiativehttps://ceo.ca/@newsfile/quantum-emotion-joins-the-quantum-alliance-initiative

Quantum eMotion Joins the Quantum Alliance Initiative Established by the Hudson Institute
 

Montreal, Quebec--(Newsfile Corp. - August 18, 2021) - Quantum eMotion Inc. (TSXV: QNC) (OTC Pink: QNCCF) (FSE: 34Q0) ("QeM" or the "Company") today announces its participation in the Hudson Institute's Quantum Alliance Initiative (QAI), an international consortium of companies, institutions, and universities whose mission is to raise awareness and develop policies which will serve as a guide for the creation of a robust quantum ecosystem in the Western world.

The Hudson Institute has identified quantum computing and quantum cybersecurity as critical and strategic technologies with inevitable impact on national security and on the economy, hence the creation of QAI helps to foster more urgency among the cybersecurity industry to establish necessary global standards for securing quantum communication.

Francis Bellido, CEO of Quantum eMotion, commented "We are very excited and honored to have been invited to join the QAI. We believe our innovative approach to Quantum Random Numbers Generators can solve the inherent challenges of modern-day encryption and it positions QeM to be a valuable and contributing member of the QAI".

QeM's second generation QRNGs is based on the quantum tunneling phenomenon created by electrons and show distinctive advantages in term of robustness, speed, scalability, and cost which is perfect to address the cryptographic needs of Datacenters, Blockchain and Cryptocurrencies industries.

"As the quantum computer threat to today's encryption system grows more real, innovative approaches to quantum security and safety will be determine which companies dominate the post-quantum cryptography landscape," says Arthur Herman, senior fellow at the Hudson Institute and Director of Hudson's Quantum Alliance Initiative.

About QeM

The Company's mission is to address the growing demand for affordable hardware security for connected devices. The patented solution for a Quantum Random Number Generator exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced security for protecting high value assets and critical systems.

The Company intends to target the highly valued Healthcare Services industry while ensuring its technology is also relevant and applicable to others, such as Financial Services, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.

For further information, please contact:

Francis Bellido, Chief Executive Officer
Tel : 514.887.5469
Email: info@quantumemotion.com
Website: www.quantumemotion.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Corporation's periodic reports including the annual report or in the filings made by Quantum from time to time with securities regulatory authorities.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93586

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