01 Communique Announces its Strategic Focus on Post-Quantum Cryptography for Enhanced Blockchain and Cryptocurrency Security
01 Communique Laboratory (TSX-V:ONE, OTC:OONEF) announced its strategic focus on post-quantum cryptography (PQC) solutions, particularly for blockchain and cryptocurrency security. The company will present its PQC roadmap and technologies on December 18th, 2024. CEO Andrew Cheung highlighted that their technologies incorporate NIST-endorsed PQC algorithms and have been integrated into various applications.
The company has developed a PQC-compliant Solana L1 blockchain, expected to be commercialized in 2025. They also received a US Patent (#11,669,833) for technology that can convert existing cryptocurrencies to become PQC-compliant. The announcement comes amid recent quantum computing advancements, such as Google Quantum AI's Willow quantum chip, emphasizing the growing importance of quantum-resistant security solutions.
01 Communique Laboratory (TSX-V:ONE, OTC:OONEF) ha annunciato il suo focus strategico sulle soluzioni di crittografia post-quantistica (PQC), in particolare per la sicurezza della blockchain e delle criptovalute. L'azienda presenterà la sua roadmap e le tecnologie PQC il 18 dicembre 2024. Il CEO Andrew Cheung ha sottolineato che le loro tecnologie incorporano algoritmi PQC approvati dal NIST e sono stati integrati in varie applicazioni.
L'azienda ha sviluppato una blockchain Solana L1 conforme a PQC, prevista per la commercializzazione nel 2025. Ha anche ricevuto un brevetto statunitense (#11,669,833) per una tecnologia che può convertire le criptovalute esistenti per renderle conformi a PQC. L'annuncio arriva in un momento di recenti progressi nel computing quantistico, come il chip quantistico Willow di Google Quantum AI, sottolineando l'importanza crescente delle soluzioni di sicurezza resistenti al quantum.
01 Communique Laboratory (TSX-V:ONE, OTC:OONEF) anunció su enfoque estratégico en soluciones de criptografía post-cuántica (PQC), particularmente para la seguridad de blockchain y criptomonedas. La compañía presentará su hoja de ruta y tecnologías PQC el 18 de diciembre de 2024. El CEO Andrew Cheung destacó que sus tecnologías incorporan algoritmos PQC respaldados por NIST y han sido integrados en diversas aplicaciones.
La compañía ha desarrollado una blockchain Solana L1 compatible con PQC, que se espera que se comerialice en 2025. También recibió una patente de EE. UU. (#11,669,833) para una tecnología que puede convertir las criptomonedas existentes para que cumplan con PQC. El anuncio se produce en medio de recientes avances en la computación cuántica, como el chip cuántico Willow de Google Quantum AI, enfatizando la creciente importancia de las soluciones de seguridad resistentes a la cuántica.
01 Communique Laboratory (TSX-V:ONE, OTC:OONEF)는 블록체인 및 암호화폐 보안을 위한 포스트 양자 암호화(PQC) 솔루션에 대한 전략적 초점을 발표했습니다. 이 회사는 2024년 12월 18일에 PQC 로드맵과 기술을 발표할 예정입니다. CEO 앤드류 청은 그들의 기술이 NIST가 승인한 PQC 알고리즘을 사용하는 것이며 여러 응용 프로그램에 통합되었다고 강조했습니다.
회사는 2025년에 상용화될 것으로 예상되는 PQC 호환 Solana L1 블록체인을 개발했습니다. 또한 기존 암호화폐를 PQC에 부합하도록 변환할 수 있는 기술에 대해 미국 특허(#11,669,833)를 받았습니다. 이 발표는 Google Quantum AI의 윌로우 양자 칩과 같은 최근 양자 컴퓨팅 발전과 함께 이루어지며, 양자 저항 보안 솔루션의 중요성이 증가하고 있음을 강조합니다.
01 Communique Laboratory (TSX-V:ONE, OTC:OONEF) a annoncé son orientation stratégique vers des solutions de cryptographie post-quantique (PQC), en particulier pour la sécurité des blockchains et des cryptomonnaies. La société présentera sa feuille de route et ses technologies PQC le 18 décembre 2024. Le PDG Andrew Cheung a souligné que leurs technologies intègrent des algorithmes PQC approuvés par le NIST et ont été intégrés dans diverses applications.
La société a développé une blockchain Solana L1 conforme aux PQC, qui devrait être commercialisée en 2025. Elle a également reçu un brevet américain (#11,669,833) pour une technologie pouvant convertir les cryptomonnaies existantes afin de les rendre conformes aux PQC. Cette annonce intervient dans un contexte de récents progrès en informatique quantique, comme le chip quantique Willow de Google Quantum AI, soulignant l'importance croissante des solutions de sécurité résistantes au quantum.
01 Communique Laboratory (TSX-V:ONE, OTC:OONEF) hat seinen strategischen Fokus auf Lösungen für post-quantische Kryptographie (PQC) bekannt gegeben, insbesondere für die Sicherheit von Blockchain und Kryptowährungen. Das Unternehmen wird seinen PQC-Fahrplan und die Technologien am 18. Dezember 2024 vorstellen. CEO Andrew Cheung hob hervor, dass ihre Technologien NIST-empfohlene PQC-Algorithmen beinhalten und in verschiedene Anwendungen integriert wurden.
Das Unternehmen hat eine PQC-konforme Solana L1 Blockchain entwickelt, die voraussichtlich 2025 kommerzialisiert wird. Zudem erhielt es ein US-Patent (#11,669,833) für eine Technologie, die bestehende Kryptowährungen in PQC-konforme Umwandlungen umwandeln kann. Die Ankündigung erfolgt vor dem Hintergrund jüngster Fortschritte im Bereich der Quantencomputing, wie dem Quantenchip Willow von Google Quantum AI, was die wachsende Bedeutung quantenresistenter Sicherheitslösungen unterstreicht.
- Secured US Patent (#11,669,833) for cryptocurrency PQC compliance technology
- PQC-compliant Solana L1 blockchain development completed
- Expected commercialization of Solana blockchain solution in 2025
- Technologies already integrated into existing product lineup
- Significant R&D expenses ("millions of dollars") invested in PQC development
- Commercialization timeline extends to 2025
TORONTO, ON / ACCESSWIRE / December 16, 2024 / 01 Communique Laboratory Inc. (the "Company") (TSX-V:ONE)(OTC Pink:OONEF), a pioneer in post-quantum cybersecurity solutions ("PQC"), invites you to attend a virtual presentation by the Company on Wednesday, December 18th at 10:00 AM EST during which the Company will highlight its PQC roadmap and technologies as well as show how they enhance the security of blockchains and cryptocurrencies.
Recent advancements have taken place in quantum computing, such as Google Quantum AI's announcement of their Willow quantum chip, which demonstrates significant improvements in error correction and scalability. (For more information click on Meet Willow, our state-of-the-art quantum chip). This breakthrough underscores the importance of developing technologies, such as our PQC solutions, that are designed to withstand the computational power of quantum computers.
Andrew Cheung, CEO of 01 Communique had the following comments. "These recent advancements in quantum computing have reignited the discussion around the safety of traditional encryption. We at 01 Communique have always believed the quantum threat is real, spending the past several years and millions of dollars developing PQC-compliant products. Our technologies have incorporated PQC algorithms endorsed by the US National Institute of Standards and Technology (NIST) as their latest FIPS-203, FIPS-204, and FIPS-205. They have already been integrated into our various applications, including email encryption and remote access solutions that are available on our website. Most importantly, we recognized that cryptocurrencies would be vulnerable to attacks from quantum computers and have been working on a solution since 2022. As a result, we completed a PQC-compliant Solana (SOL) L1 blockchain with expectations of completing commercialization in 2025. We also plan to expand into PQC-compliant AI Machine Learning as well as true end-to-end messaging platform."
Andrew Cheung further commented on the Company's future prospects. "Our PQC-compliant Solana project resulted in us receiving a US Patent (Pat #11,669,833) for a technology invented that can turn any existing cryptocurrency into becoming PQC-compliant. Today it is our belief there is heightened concern around the importance of PQC as well as the growing popularity and acceptance of cryptocurrencies. We believe our technology is the ideal solution to be incorporated with cryptocurrencies to help alleviate concerns over the security of cryptocurrencies with respect to quantum computers."
Conference Call Information:
01 Communique will host a live Zoom presentation on Wednesday December 18th at 10:00AM EST. During the presentation the Company will present its business prospects in the Crypto marketplace in a post Quantum world, and answer questions from attendees.
Browser (please cut-and-paste the following link into your browser):
https://us02web.zoom.us/j/83272630612?pwd=cEdhZGhRU3BQMjBGOWRlY1dtcjA4dz09
Passcode: ironcap24
Dial-in:
Within Canada (647) 374-4685 or (647) 558-0588
Within the USA (646) 558 8656 or (669) 900 9128
Webinar ID when prompted is 832 7263 0612
Passcode: 046969719
About 01 Communique
Established in 1992, 01 Communique (TSX-V: ONE; OTC Pink Sheets: OONEF) has always been at the forefront of technology. The Company's cyber security business unit focuses on post-quantum cybersecurity with the development of its IronCAP™ product line. IronCAP™'s technologies are patent-protected in the U.S.A. by its patents #11,271,715 and #11,669,833. The Company's 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. The remote access offerings are protected in the U.S.A. by its patents #6,928,479 / #6,938,076 / #8,234,701; in Canada by its patents #2,309,398 / #2,524,039 and in Japan by its patent #4,875,094. For more information, visit the Company's web site at www.ironcap.ca and www.01com.com.
Cautionary Note Regarding Forward-looking Statements.
Certain statements in this news release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, such statements use such words as "may", "will", "expect", "believe", "plan", "intend", "are confident" and other similar terminology. Such statements include statements regarding the timing and ability to commercialize the PQC-compliant Solana blockchain, the future of quantum computers and their impact on the Company's product offering, the functionality of the Company's products and the intended product lines for the Company's technology and the potential licensing of the Company's technology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this news release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under "Risk and Uncertainties" in the Company's Management`s Discussion and Analysis document filed on SEDAR+. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances.
This press release contains a hyperlink to a third-party website. This hyperlink is provided for informational purposes only and does not constitute an endorsement or approval of the information contained on such website. The Company is not responsible for the accuracy, completeness, or timeliness of the information contained on such website, and expressly disclaims any liability for any reliance placed on such information.
Neither TSX Venture Exchange ("TSX-V") 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.
INVESTOR CONTACT:
Brian Stringer
Chief Financial Officer
01 Communique
(905) 795-2888 x204
Brian.stringer@01com.com
SOURCE: 01 Communique Laboratory, Inc.
View the original press release on accesswire.com
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