Krown Technologies and Quantum eMotion Form Strategic Alliance to Revolutionize Blockchain Security with Quantum Technology
Krown Technologies and Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) have announced a strategic alliance through an MOU to enhance blockchain security against quantum computing threats. The partnership combines Krown's blockchain expertise with Quantum eMotion's QRNG technology to develop quantum-resistant cryptography solutions.
The collaboration aims to integrate QRNG technology across Krown's ecosystem, including blockchain infrastructure and wallet solutions. The alliance targets the growing QRNG market, projected to exceed $4 billion by 2030 for physical devices and $100 billion for cloud applications, while addressing the blockchain market expected to reach $248.9 billion by 2029 with a 65.5% CAGR.
Krown Technologies e Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) hanno annunciato un'alleanza strategica attraverso un MOU per migliorare la sicurezza della blockchain contro le minacce del calcolo quantistico. La partnership combina l'esperienza di Krown nella blockchain con la tecnologia QRNG di Quantum eMotion per sviluppare soluzioni di crittografia resistenti al quantum.
La collaborazione mira a integrare la tecnologia QRNG in tutto l'ecosistema di Krown, comprese l'infrastruttura blockchain e le soluzioni per portafogli. L'alleanza si concentra sul crescente mercato QRNG, previsto superare i 4 miliardi di dollari entro il 2030 per dispositivi fisici e 100 miliardi per applicazioni cloud, affrontando al contempo il mercato della blockchain che si prevede raggiunga i 248,9 miliardi di dollari entro il 2029 con un CAGR del 65,5%.
Krown Technologies y Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) han anunciado una alianza estratégica a través de un MOU para mejorar la seguridad de la blockchain contra las amenazas de la computación cuántica. La asociación combina la experiencia de Krown en blockchain con la tecnología QRNG de Quantum eMotion para desarrollar soluciones de criptografía resistentes a la cuántica.
La colaboración busca integrar la tecnología QRNG en todo el ecosistema de Krown, incluyendo la infraestructura blockchain y las soluciones de billeteras. La alianza se dirige al creciente mercado de QRNG, que se proyecta superará los 4 mil millones de dólares para 2030 en dispositivos físicos y 100 mil millones en aplicaciones en la nube, mientras aborda el mercado de blockchain que se espera alcance los 248,9 mil millones de dólares para 2029 con un CAGR del 65,5%.
Krown Technologies와 Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF)는 양자 컴퓨팅 위협에 대한 블록체인 보안을 강화하기 위해 MOU를 통한 전략적 동맹을 발표했습니다. 이 파트너십은 Krown의 블록체인 전문성과 Quantum eMotion의 QRNG 기술을 결합하여 양자 저항 암호화 솔루션을 개발하는 것입니다.
협업의 목표는 Krown의 생태계 전반에 QRNG 기술을 통합하는 것으로, 블록체인 인프라와 지갑 솔루션을 포함합니다. 이 동맹은 2030년까지 물리적 장치에서 40억 달러, 클라우드 애플리케이션에서 1000억 달러를 초과할 것으로 예상되는 QRNG 시장을 목표로 하며, 2029년까지 2489억 달러에 이를 것으로 예상되는 블록체인 시장을 다룹니다. CAGR는 65.5%입니다.
Krown Technologies et Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ont annoncé une alliance stratégique via un MOU pour renforcer la sécurité de la blockchain face aux menaces de l'informatique quantique. Le partenariat allie l'expertise en blockchain de Krown à la technologie QRNG de Quantum eMotion afin de développer des solutions de cryptographie résistantes au quantique.
La collaboration vise à intégrer la technologie QRNG dans l'ensemble de l'écosystème de Krown, y compris l'infrastructure blockchain et les solutions de portefeuille. L'alliance cible le marché croissant des QRNG, qui devrait dépasser les 4 milliards de dollars d'ici 2030 pour les dispositifs physiques et 100 milliards de dollars pour les applications cloud, tout en s'attaquant au marché de la blockchain, qui devrait atteindre 248,9 milliards de dollars d'ici 2029 avec un CAGR de 65,5%.
Krown Technologies und Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) haben eine strategische Allianz durch ein MOU angekündigt, um die Sicherheit von Blockchain gegen Bedrohungen durch Quantencomputing zu verbessern. Die Partnerschaft kombiniert Krowns Blockchain-Expertise mit der QRNG-Technologie von Quantum eMotion, um quantenresistente Kryptografielösungen zu entwickeln.
Das Ziel der Zusammenarbeit ist die Integration der QRNG-Technologie in das gesamte Ökosystem von Krown, einschließlich der Blockchain-Infrastruktur und Wallet-Lösungen. Die Allianz zielt auf den wachsenden QRNG-Markt ab, dessen Umsatz bis 2030 voraussichtlich 4 Milliarden Dollar für physische Geräte und 100 Milliarden Dollar für Cloud-Anwendungen überschreiten wird, während der Blockchain-Markt, der bis 2029 voraussichtlich 248,9 Milliarden Dollar erreichen wird, mit einem CAGR von 65,5% angestrebt wird.
- Strategic partnership targeting a projected $4B QRNG market by 2030
- Addressing blockchain market growth potential of $248.9B by 2029
- Integration of quantum-resistant security solutions across Krown's ecosystem
- None.
Monroe and Montreal, Quebec--(Newsfile Corp. - December 16, 2024) - Krown Technologies Ltd. (Krown Network), a leading innovator in Blockchain, FinTech, and Artificial Intelligence infrastructure, and Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (QeM) a leader in classical and quantum cybersecurity solutions, are pleased to announce a strategic alliance. This partnership, formalized through a Memorandum of Understanding (MOU), represents a significant milestone in advancing security, functionality, and efficiency within the blockchain ecosystem.
Quantum computing menace
Quantum computing poses a significant threat to blockchain technology by potentially breaking the cryptographic algorithms that secure it. Shor's algorithm could enable private key theft, Grover's algorithm might weaken mining security, and exposed public keys could face retroactive exploitation. While current quantum capabilities are limited, developing quantum-resistant cryptography and key migration strategies is essential to safeguard blockchain systems against future quantum advancements.
Revolutionizing Blockchain Security with Combined Expertise
This alliance leverages Krown's robust blockchain ecosystem and development expertise alongside Quantum eMotion's cutting-edge QRNG technology. The companies aim to deliver a new security standard for blockchain infrastructure and cryptocurrency wallets. QRNGs harness the inherent unpredictability of quantum mechanics to produce true randomness, a crucial factor in secure cryptographic operations.
Krown's extensive experience in Blockchain, FinTech, and Artificial Intelligence innovation and Quantum eMotion's pioneering advancements in QRNG technology will enable practical, scalable solutions that address current and future security challenges in the digital asset space.
Objectives of the Strategic Alliance
The partnership between Krown Technologies and Quantum eMotion focuses on:
Seamless Integration Across the Krown Ecosystem: Incorporating QRNG technology within the Krown Blockchain, cold wallet storage solutions, hot wallets, and security infrastructure.
Enhancing Encryption and Authentication: Merging Krown's blockchain expertise with Quantum eMotion's QRNG solutions to elevate cryptographic standards.
Futureproofing Against Emerging Threats: Strengthening resistance to quantum computing threats by aligning with quantum-resistant cryptographic techniques.
Driving Collaborative Innovation: Creating a dynamic partnership that fosters technological advancements and market growth for both companies.
A Balanced Synergy
Krown Technologies brings an extensive intellectual property portfolio, a proven track record in blockchain infrastructure, and a team with decades of experience in blockchain, fintech, and cybersecurity. Krown's commitment to deploying cutting-edge technologies positions it as an ideal partner for showcasing QRNG's real-world applications.
Quantum eMotion contributes groundbreaking QRNG technology that provides unparalleled randomness essential for cryptographic systems. Their expertise in quantum communication and recent patent filings in QRNG applications demonstrate their leadership in this field.
Key Benefits of QRNG-Enhanced Cryptography
The integration of QRNG technology offers several advantages:
Enhanced Security: True randomness significantly strengthens encryption keys and overall data protection.
Improved Entropy: High-quality randomness is critical for secure cryptographic protocols.
Quantum-Resistant Measures: Supporting the transition to quantum-resistant cryptography to secure systems for the future.
Market Potential and Strategic Vision
The QRNG market is projected to exceed
Commenting on the Partnership
"This alliance reflects our shared vision for blockchain security and innovation. By integrating Quantum eMotion's QRNG technology into our ecosystem, we are setting a new benchmark for digital asset protection," said James Stephens, CEO of Krown Technologies.
"Collaborating with an innovative leader in Krown Technologies, allows us to showcase the practical benefits of our Quantum-based solutions. Together, we are driving a new era of secure and scalable blockchain technology," added Francis Bellido, CEO of Quantum eMotion.
About Krown Technologies
Krown Technologies is a global leader in blockchain innovation, offering a comprehensive ecosystem that includes blockchain infrastructure, security solutions, and decentralized applications. With a commitment to advancing the cryptocurrency industry, Krown combines extensive industry expertise with cutting-edge technology to deliver unparalleled value.
About Quantum eMotion
The Company's mission is to address the growing demand for affordable hardware and software security for connected devices. Thanks to its patented Quantum Random Number Generator, QeM has become a pioneering force in classical and quantum cybersecurity solutions. This security solution exploits quantum mechanics' built-in unpredictability and promises to provide enhanced protection for high-value assets and critical systems.
The Company intends to target highly valued Financial Services, Healthcare, Blockchain Applications, 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 visit our website at https://www.quantumemotion.com/ or contact:
Francis Bellido, Chief Executive Officer
Tel: 514.956.2525
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/233933
FAQ
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