Scope Technologies Prioritizes Quantum Security in Response to Rapid Advancements in Quantum Computing
Scope Technologies (SCPCF) announced a strategic shift, temporarily pausing development of its GEM platform to focus exclusively on expanding its quantum resilient entropy and security solutions (QSE Group). This decision comes in response to accelerated advancements in quantum computing and growing concerns over quantum-enabled data threats.
The company's QSE Group offers several key solutions including quantum-proof encryption, immutable decentralized cloud storage, NIST-standardized technology stack, and seamless integration capabilities. Scope emphasizes that quantum threats are immediate, citing 2024 breakthroughs in quantum chip technology and the risk of 'Harvest Now, Decrypt Later' attacks.
According to Founder Sean Prescott, the company's focus is on providing immediate protection against quantum threats, rather than waiting for widespread quantum computing adoption. The QSE Group's solutions are designed to deliver current value while ensuring future-proof protection for businesses.
Scope Technologies (SCPCF) ha annunciato un cambiamento strategico, interrompendo temporaneamente lo sviluppo della sua piattaforma GEM per concentrarsi esclusivamente sull'espansione delle sue soluzioni di entropia e sicurezza resistenti al quantum (QSE Group). Questa decisione è stata presa in risposta ai rapidi progressi nel campo del calcolo quantistico e alle crescenti preoccupazioni riguardo alle minacce ai dati abilitate dal quantum.
Il QSE Group dell'azienda offre diverse soluzioni chiave tra cui crittografia resistente al quantum, storage decentralizzato immutabile nel cloud, stack tecnologico conforme agli standard NIST e capacità di integrazione senza soluzione di continuità. Scope sottolinea che le minacce quantistiche sono immediate, citando le scoperte del 2024 nella tecnologia dei chip quantistici e il rischio di attacchi 'Harvest Now, Decrypt Later'.
Secondo il fondatore Sean Prescott, l'obiettivo dell'azienda è fornire una protezione immediata contro le minacce quantistiche, piuttosto che attendere l'adozione diffusa del calcolo quantistico. Le soluzioni del QSE Group sono progettate per offrire valore attuale garantendo al contempo una protezione a prova di futuro per le imprese.
Scope Technologies (SCPCF) anunció un cambio estratégico, suspendiendo temporalmente el desarrollo de su plataforma GEM para centrarse exclusivamente en la expansión de sus soluciones de entropía y seguridad resistentes al quantum (QSE Group). Esta decisión responde a los avances acelerados en computación cuántica y a las crecientes preocupaciones sobre las amenazas de datos habilitadas por quantum.
El QSE Group de la empresa ofrece varias soluciones clave, incluida cifrado a prueba de quantum, almacenamiento en la nube descentralizado e inmutable, tecnología conforme a los estándares NIST y capacidades de integración sin problemas. Scope enfatiza que las amenazas cuánticas son inmediatas, citando descubrimientos de 2024 en tecnología de chips cuánticos y el riesgo de ataques de 'Harvest Now, Decrypt Later'.
Según el fundador Sean Prescott, el enfoque de la empresa es proporcionar una protección inmediata contra las amenazas cuánticas, en lugar de esperar la adopción generalizada de la computación cuántica. Las soluciones del QSE Group están diseñadas para ofrecer un valor actual mientras garantizan una protección a prueba de futuro para las empresas.
Scope Technologies (SCPCF)는 전략적 전환을 발표하며, GEM 플랫폼 개발을 일시 중단하고 양자 복원력 엔트로피 및 보안 솔루션(QSE Group)의 확장에 전념할 것이라고 밝혔습니다. 이러한 결정은 양자 컴퓨팅의 급속한 발전과 양자 데이터 위협에 대한 우려가 커지는 데 따른 것입니다.
회사의 QSE Group은 양자 방지 암호화, 불변의 분산 클라우드 저장소, NIST 표준화 기술 스택 및 원활한 통합 기능 등 여러 핵심 솔루션을 제공합니다. Scope는 양자 위협이 즉각적이라고 강조하며, 2024년 양자 칩 기술의 혁신과 'Harvest Now, Decrypt Later' 공격의 위험을 인용합니다.
설립자 Sean Prescott에 따르면, 회사의 초점은 광범위한 양자 컴퓨팅 도입을 기다리기보다는 양자 위협에 대해 즉각적인 보호를 제공하는 것입니다. QSE Group의 솔루션은 현재 가치를 제공하면서 기업을 위한 미래-proof 보호를 보장하도록 설계되었습니다.
Scope Technologies (SCPCF) a annoncé un changement stratégique, suspendant temporairement le développement de sa plateforme GEM pour se concentrer exclusivement sur l'expansion de ses solutions d'entropie et de sécurité résilientes aux quantiques (QSE Group). Cette décision fait suite aux avancées rapides dans le domaine de l'informatique quantique et aux préoccupations croissantes concernant les menaces sur les données activées par les quantiques.
Le QSE Group de l'entreprise propose plusieurs solutions clés, notamment le chiffrement résistant aux quantiques, le stockage décentralisé immuable dans le cloud, une pile technologique conforme aux normes NIST et des capacités d'intégration transparente. Scope souligne que les menaces quantiques sont immédiates, citant des percées en 2024 dans la technologie des puces quantiques et le risque d'attaques 'Harvest Now, Decrypt Later'.
Selon le fondateur Sean Prescott, l'objectif de l'entreprise est de fournir une protection immédiate contre les menaces quantiques, plutôt que d'attendre une adoption généralisée de l'informatique quantique. Les solutions du QSE Group sont conçues pour offrir une valeur actuelle tout en garantissant une protection à l'épreuve du futur pour les entreprises.
Scope Technologies (SCPCF) hat einen strategischen Wandel angekündigt und entwickelt die GEM-Plattform vorübergehend weiter, um sich ausschließlich auf die Erweiterung seiner quantenresistenten Entropie- und Sicherheitslösungen (QSE Group) zu konzentrieren. Diese Entscheidung ist eine Reaktion auf beschleunigte Fortschritte in der Quantencomputing und wachsende Bedenken hinsichtlich quantenbasierter Bedrohungen von Daten.
Die QSE Group des Unternehmens bietet mehrere wichtige Lösungen an, darunter quantenresistente Verschlüsselung, unveränderbare dezentrale Cloudspeicherung, einen NIST-standardisierten Technologie-Stack und nahtlose Integrationsfähigkeiten. Scope betont, dass die quantenbedingten Bedrohungen sofort in Angriff genommen werden müssen und verweist auf Durchbrüche in der Quanten-Chip-Technologie im Jahr 2024 und das Risiko von 'Harvest Now, Decrypt Later'-Angriffen.
Laut Gründer Sean Prescott liegt der Fokus des Unternehmens darauf, sofortigen Schutz gegen quantenbedingte Bedrohungen zu bieten, anstatt auf eine weitreichende Akzeptanz des Quantencomputings zu warten. Die Lösungen der QSE Group sind so konzipiert, dass sie derzeitigen Wert liefern und gleichzeitig zukunftssicheren Schutz für Unternehmen gewährleisten.
- Strategic focus on immediate revenue-generating quantum security solutions
- Offering NIST-standardized quantum-resilient technology stack
- Solutions provide immediate value unlike quantum computer development companies
- Seamless integration capability with existing cybersecurity infrastructure
- Temporary pause of GEM platform development, indicating resource reallocation
- Increased competition risk in visual recognition market due to GEM development pause
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2025) - Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") announced today that, in response to accelerated advancements in quantum computing, it is temporarily pausing development of its GEM platform to focus exclusively on increasing its customer base for its quantum resilient entropy and security solutions ("QSE Group"). This strategic decision underscores the Company's commitment to staying ahead in addressing quantum-enabled data threats.
"Quantum computing doesn't need to be mainstream to become a threat," said Sean Prescott, Founder of Scope Technologies. "It only takes one advanced quantum computer in the wrong hands to render traditional encryption obsolete. That's why businesses must act now to secure their data, rather than wait for quantum technology to achieve mass adoption. Furthermore, some specialized quantum computing systems currently in the market can already be adapted to decrypt non-quantum-resilient encryption."
The Quantum Threat Is Already Real
In 2024, breakthroughs in quantum chip technology demonstrated significant progress in quantum capabilities, reinforcing that the quantum threat is no longer theoretical. The potential of "Harvest Now, Decrypt Later" (where encrypted data is stolen today and decrypted in the future using quantum power) have made quantum-resilient security a present-day imperative.
Recognizing the immediate need to prioritize quantum security, Scope Technologies has elected to temporarily pause development of GEM, its AI-powered visual recognition platform, and direct all resources and efforts toward advancing the QSE Group's solutions for quantum-resilient encryption and immutable decentralized cloud storage and increasing its customer base.
QSE Group's Quantum-Resilient Solutions Include:
Quantum-Proof Encryption: Secure data against even the most advanced quantum computing power.
Immutable Decentralized Cloud Storage: Protect against ransomware and other data integrity threats.
Trusted Standards: A fully NIST-standardized technology stack that meets the most rigorous quantum-resilience tests.
Seamless Integration: Easily integrates into existing cybersecurity infrastructures without costly overhauls.
Revenue Today, Protection for Tomorrow
Unlike companies developing quantum computers, whose revenue models often depend on future adoption, QSE Group's solutions provide immediate value. By safeguarding businesses against quantum-enabled threats that exist now or could emerge with a single technological breakthrough, QSE Group is positioned to deliver immediate and future-proof protection to its customers.
"The debate over whether or when quantum computing will become widespread is a distraction from the real issue: quantum threats are already here," added Prescott. "QSE Group isn't building quantum computers--we're providing the antidote to quantum threats today, delivering our solutions to businesses that need to protect themselves now and into the future."
This strategic realignment reflects Scope Technologies' unwavering commitment to leading the way in quantum security and ensuring its clients are protected against both current and future data threats.
About QSE Group
QSE Group, a division of Scope Technologies Corp., specializes in quantum-resilient encryption and secure cloud storage solutions. By leveraging true randomness (entropy) and advanced encryption techniques, QSE Group protects data from both current and future threats. Learn more at qse.group.
About Scope Technologies Corp
Headquartered in Vancouver, British Columbia, Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency.
LinkedIn: scope-technologies-corp
Facebook: Scope Technologies Corp
Twitter: @ScopeTechCorp
Contact Information:
James Young
CEO, Scope Technologies Corp.
Email: james@scopetech.ai
Phone: +1 604-416-1720
Website: www.scopetechnologies.io
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's latest management discussion and analysis, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.
The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237531
FAQ
Why did Scope Technologies (SCPCF) pause its GEM platform development in January 2025?
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