Quantum eMotion Corp. Featured in Prominent Korean Business Newspaper for Leading IoT Security Solutions

Rhea-AI Summary

Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has been featured in the Korea Business Herald for its innovative IoT security solutions. The article, authored by Arthur Herman from the Hudson Institute, explores how quantum technology can enhance IoT security amid growing cybersecurity concerns. The piece highlights QeM's quantum random number generation (QRNG) technology as a solution for securing IoT devices, which is particularly relevant as the IoT market is projected to reach $875 billion by 2025. The QRNG market itself is expected to grow to $14 billion by 2030, positioning QeM's unhackable security solutions as important for protecting IoT networks.

Positive

• Featured in a prominent Asian business publication, increasing visibility
• Company's QRNG technology addresses a growing market projected to reach $14B by 2030
• Positioned to capture share in IoT security market forecasted at $875B by 2025

Negative

• None.

Montreal, Quebec--(Newsfile Corp. - October 31, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Company") proudly announces its feature in the latest column of the Korea Business Herald, one of Asia's most influential business publications. The article, written by Arthur Herman, senior fellow at the Hudson Institute and Director of the Quantum Alliance Initiative, explores how quantum technology can fortify Internet of Things (IoT) security, addressing increasing global concerns about cybersecurity risks in IoT ecosystems.

The Korea Business Herald, headquartered in Seoul, South Korea, is a widely respected publication, reaching audiences across Asia and beyond. In his column, Arthur Herman investigates the urgent need for robust IoT security solutions to mitigate vulnerabilities in the connected world, referencing recent security exploits and discussing how IoT devices such as cell phones, drones, and smart home appliances could be manipulated in unintended and dangerous ways.

Highlighting the security challenges inherent in the rapidly expanding IoT market, which Market Data Forecast projects to reach $875 billion by 2025, the article underscores the inadequacies of traditional cybersecurity approaches. Instead, Herman champions the incorporation of quantum-based technologies-particularly the innovations from Quantum eMotion. By leveraging quantum random number generation (QRNG) technology, QeM offers scalable, unhackable security that is compact enough to integrate seamlessly into everyday IoT devices. This is especially relevant in the face of concerns about foreign-manufactured components potentially posing a national security risk.

Quantum eMotion's QRNG technology, which employs cutting-edge electron tunneling methods, stands out as a viable solution to IoT security, providing unbreakable encryption keys that safeguard communications between devices and their operators. The Company's advancements are part of a growing market for QRNG applications, anticipated by IQT Research to reach $14 billion by 2030. Herman points to QeM as a leading example in the field, with technology capable of addressing IoT security threats on a global scale.

For governments and industry stakeholders, Herman argues, addressing IoT security requires a multi-layered approach, combining conventional cybersecurity, distributed ledger technology, and quantum cryptography. With Quantum eMotion's technology in place, IoT networks could be safeguarded from vulnerabilities that, left unchecked, may lead to severe security threats.

THE INTERNET OF THINGS MEETS THE QUANTUM EVOLUTION
https://biz.heraldcorp.com/insight/view.php?ud=20241030050398

About QeM

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/228460

FAQ

What is Quantum eMotion's (QNCCF) main technology for IoT security?

Quantum eMotion uses quantum random number generation (QRNG) technology based on electron tunneling methods to provide unhackable encryption keys for IoT device security.

How large is the market potential for Quantum eMotion's (QNCCF) QRNG technology?

The QRNG applications market is projected to reach $14 billion by 2030, while the broader IoT market is expected to reach $875 billion by 2025.

Why was Quantum eMotion (QNCCF) featured in the Korea Business Herald?

The company was featured for its leading IoT security solutions that use quantum technology to address growing cybersecurity concerns in IoT ecosystems.