QANplatform (QANX), a quantum-resistant Layer 1 hybrid blockchain, has announced that an EU country will deploy its quantum-resistant technology in the public sector for the first time, according to information shared with Finbold on March 14.
The technology strengthens and protects government-owned cybersecurity infrastructure against the threat of quantum computer attacks.
Although the specific details regarding which EU country has adopted QANplatform’s solutions and why are not made public for national security reasons, the development of quantum-resistant technology marks a significant step towards protecting critical infrastructure in light of developing threats.
Post-quantum cybersecurity solutions
The adoption was announced in Zug, Switzerland, in the presence of Johann Polecsak, co-founder and CTO of QANplatform, and Patrick Storchenegger, CEO of QAN’s Intellectual Property (IP) holding.
The two are at the forefront of developing and implementing post-quantum cybersecurity (PQC) solutions, leveraging QAN’s post-quantum capabilities.
The efforts are aligned with quantum-resistant recommendations from the US National Institute of Standards and Technology (NIST) and include the integration of PQC solutions into enterprise software aimed at strengthening cybersecurity defenses.
Storchenegger expressed his pride in the integration of QAN’s technology and emphasized its role as a post-quantum cybersecurity layer:
WP job quote: “We are proud of our partner’s successful integration of QAN’s unique technology, which is now being used as a key component in its software as a post-quantum cybersecurity layer. This will enhance the country’s strategic advantage in navigating the quantum leap by securing its operations.”
— Patrick Storchenegger, CEO of QAN’s Intellectual Property (IP) holding company,
Staying ahead of the cybersecurity curve
Polecsak emphasized the importance of cybersecurity in an era characterized by “Store Now, Decrypt Later” (SNDL) threats:
Wp job quote: “We must always be at the forefront of cybersecurity, especially in the age of ‘Store now, decrypt later.’ It’s only a matter of time before quantum computers can break current security algorithms. Recognizing this, we built the QAN platform from the ground up to be immune to attacks on quantum computers.”
— Johann Polecsak, co-founder and CTO of QANplatform
The rapid advancement of quantum computing
The rise of quantum computing, epitomized by IBM’s Condor and its capacity of more than 1,000 qubits, has driven the global strengthening of cybersecurity.
The US White House has outlined post-quantum cybersecurity as a crucial part of its National Cybersecurity Strategy, with NATO and the World Economic Forum unveiling strategies to brace for the quantum age.
As global competition in quantum technology increases, the EU wants to maintain its competitive advantage.
Initiatives such as the Quantum Technologies Flagship, supported by a budget of €1 billion (~$1.09 billion), highlight the urgency of developing robust cybersecurity countermeasures.
As the quantum technology race unfolds, it becomes imperative for the public sector to address security concerns.