BTQ and ID Quantique Sign MOU: Collaboration for Developing Next-Generation Authentication Systems
BTQ Technologies Corp. (BTQQF) and ID Quantique have signed a Memorandum of Understanding on July 19, 2024, to jointly develop an innovative authentication system. This collaboration aims to combine Quantum Random Number Generators (QRNG) and Post-Quantum Cryptography (PQC) technologies. ID Quantique is a pioneer in quantum cryptography and QRNG, while BTQ developed the PQC signature algorithm Preon, recognized by NIST. The partnership seeks to create a new market for authentication systems that address security challenges from both classical and quantum computers. This collaboration represents a significant step in advancing cybersecurity for mission-critical networks in the quantum era.
BTQ Technologies Corp. (BTQQF) e ID Quantique hanno firmato un Memorandum d’Intesa il 19 luglio 2024, per sviluppare congiuntamente un innovativo sistema di autenticazione. Questa collaborazione punta a combinare le tecnologie dei Generatori di Numeri Casuali Quantistici (QRNG) e della Crittografia Post-Quantum (PQC). ID Quantique è un pioniere nella crittografia quantistica e nei QRNG, mentre BTQ ha sviluppato l’algoritmo di firma PQC Preon, riconosciuto dal NIST. La partnership si propone di creare un nuovo mercato per sistemi di autenticazione che affrontino le sfide di sicurezza provenienti sia dai computer classici che da quelli quantistici. Questa collaborazione rappresenta un passo significativo nell'avanzamento della cybersecurity per reti mission-critical nell’era quantistica.
BTQ Technologies Corp. (BTQQF) e ID Quantique han firmado un Memorando de Entendimiento el 19 de julio de 2024, para desarrollar conjuntamente un innovador sistema de autenticación. Esta colaboración tiene como objetivo combinar las tecnologías de Generadores de Números Aleatorios Cuánticos (QRNG) y Cryptografía Post-Cuántica (PQC). ID Quantique es un pionero en criptografía cuántica y QRNG, mientras que BTQ desarrolló el algoritmo de firma PQC Preon, reconocido por NIST. La asociación busca crear un nuevo mercado para sistemas de autenticación que aborden los desafíos de seguridad tanto de los ordenadores clásicos como de los cuánticos. Esta colaboración representa un paso significativo en el avance de la ciberseguridad para redes mission-critical en la era cuántica.
BTQ Technologies Corp. (BTQQF)와 ID Quantique는 2024년 7월 19일 혁신적인 인증 시스템을 공동 개발하기 위해 양해각서를 체결했습니다. 이 협업은 양자 난수 발생기(QRNG)와 포스트 양자 암호화(PQC) 기술을 결합하는 것을 목표로 합니다. ID Quantique는 양자 암호화 및 QRNG의 선구자이며, BTQ는 NIST에서 인정받은 PQC 서명 알고리즘인 Preon을 개발했습니다. 이 파트너십은 고전 및 양자 컴퓨터의 보안 문제를 해결하는 인증 시스템을 위한 새로운 시장을 창출하는 것을 목표로 하고 있습니다. 이 협업은 양자 시대의 미션 크리티컬 네트워크를 위한 사이버 보안을 발전시키는 중요한 단계를 나타냅니다.
BTQ Technologies Corp. (BTQQF) et ID Quantique ont signé un protocole d'accord le 19 juillet 2024, pour développer ensemble un système d'authentification innovant. Cette collaboration vise à combiner les technologies des Générateurs de Nombres Aléatoires Quantiques (QRNG) et de la Cryptographie Post-Quantique (PQC). ID Quantique est un pionnier de la cryptographie quantique et des QRNG, tandis que BTQ a développé l'algorithme de signature PQC Preon, reconnu par le NIST. Ce partenariat cherche à créer un nouveau marché pour les systèmes d'authentification qui répondent aux défis de sécurité des ordinateurs classiques et quantiques. Cette collaboration représente un pas significatif dans l'avancement de la cybersécurité pour les réseaux critiques à l'ère quantique.
BTQ Technologies Corp. (BTQQF) und ID Quantique haben am 19. Juli 2024 ein Memorandum of Understanding unterzeichnet, um gemeinsam ein innovatives Authentifizierungssystem zu entwickeln. Diese Zusammenarbeit zielt darauf ab, Quantenzufallszahlengeneratoren (QRNG) und Post-Quantum-Kryptographie (PQC) Technologien zu kombinieren. ID Quantique ist ein Pionier der quantenbasierten Kryptographie und QRNG, während BTQ den von NIST anerkannten PQC-Signaturalgorithmus Preon entwickelt hat. Die Partnerschaft strebt an, einen neuen Markt für Authentifizierungssysteme zu schaffen, die Sicherheitsherausforderungen sowohl von klassischen als auch von Quantencomputern angehen. Diese Zusammenarbeit stellt einen wichtigen Schritt zur Verbesserung der Cybersicherheit für kritische Netzwerke in der Quantenära dar.
- Collaboration with industry leader ID Quantique in quantum technology
- Development of innovative authentication system combining QRNG and PQC
- BTQ's Preon algorithm selected in NIST's PQC standardization process
- Potential to pioneer a new market for quantum-based authentication systems
- None.
- Collaboration Announcement: On July 19, 2024, BTQ Technologies Corp. and ID Quantique signed a Memorandum of Understanding (MOU) to jointly develop an innovative authentication system that combines Quantum Random Number Generators (QRNG) and Post-Quantum Cryptography (PQC).
- Company Backgrounds: ID Quantique is a pioneer in quantum cryptography and QRNG technology, while BTQ, a Canadian-listed company, developed the robust and efficient PQC signature algorithm Preon, which was recognized by the
U.S. National Institute of Standards and Technology (NIST). - Anticipated Impact: The partnership aims to pioneer a new market for authentication systems based on QRNG and PQC quantum technologies, addressing security challenges from both classical and quantum computers.
IDQ is a leading company in the field of quantum cryptography and was the first in the world to commercialize quantum random number generators. Currently, it supplies industry-leading QRNGs to various sectors, including the Samsung Galaxy Quantum phone. Besides quantum random number generators, IDQ also showcases outstanding technology in QKD (Quantum Key Distribution) and SNSPD (Superconducting Nanowire Single Photon Detectors).
BTQ, a Canadian-listed company, developed the PQC quantum signature algorithm Preon, which was selected in the most recent round of the PQC standardization process by the
Through this agreement, the two companies expect to pioneer a new authentication system market based on QRNG and PQC quantum technologies.
Regarding this agreement, IDQ Korea General Manager, Sangyun Uhm stated that IDQ has set the standard for next-generation security in the post-quantum era through its QRNG technology. He emphasized that through collaboration with BTQ, IDQ aims to develop even stronger authentication systems and bring innovation to the cybersecurity landscape.
Olivier Roussy Newton, CEO of BTQ, added: "Partnering with ID Quantique represents a significant milestone for BTQ. By combining our expertise in post-quantum cryptography with IDQ's leadership in quantum random number generation, we are poised to create state-of-the-art authentication systems that address the security challenges of both today and tomorrow. This collaboration underscores our commitment to pioneering advancements in cybersecurity and ensuring the robustness of mission-critical networks in the quantum era."
About ID Quantique
Founded in 2001 as a spin-off of the Group of Applied Physics of the University of
Additionally, IDQ is a leading provider of optical instrumentation products, most notably photon counters and related electronics. The company's innovative photonic solutions are used in both commercial and research applications.
IDQ's products are used by government, enterprise, and academic customers in more than 60 countries and on every continent. IDQ is proud of its independence and neutrality and believes in establishing long-term, trusted relationships with its customers and partners.
For more information, please visit www.idquantique.com.
About BTQ
BTQ was founded by a group of post-quantum cryptography with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.
Connect with BTQ: Website | LinkedIn
ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
For further information: E: desk@btq.com
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Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE BTQ Technologies Corp.
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