QANplatform, a quantum-resistant hybrid blockchain platform, has announced that its technology is being used for the first time by an unnamed EU country to protect government-owned cybersecurity infrastructure against quantum computing attacks. The technology, developed by Johann Polecsak, Co-Founder and CTO of QANplatform, and Patrick Storchenegger, CEO of QAN’s Intellectual Property holding company, aligns with the US National Institute of Standards and Technology’s quantum-resistant recommendations. This move comes as quantum computing capabilities have seen significant improvements, notably IBM’s 1000+ qubit power-machine, Condor.
Quantum-Resistant Technology Adopted by an EU Nation
In a significant development, QANplatform, a blockchain platform, has announced that its quantum-resistant technology is being utilized by a European Union (EU) country in the public sector. This marks the first instance of an EU nation adopting this technology to safeguard its government-owned cybersecurity infrastructure against potential quantum computing attacks. The announcement was made in Zug, Switzerland, by Johann Polecsak, Co-Founder and CTO of QANplatform, and Patrick Storchenegger, CEO of QAN’s Intellectual Property (IP) holding company.
QANplatform’s Post-Quantum Cybersecurity Solutions
The partners are working on the development and implementation of post-quantum cybersecurity (PQC) solutions, leveraging the post-quantum feature of the QAN blockchain platform. These solutions are in line with the quantum-resistant recommendations of the US National Institute of Standards and Technology (NIST). The PQC solutions are being integrated into enterprise software. Storchenegger expressed pride in their 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.
The Threat of Quantum Computing Attacks
Polecsak emphasized the importance of staying ahead of the curve in cybersecurity, particularly in the era of ‘Store now, decrypt later’. This is a cybersecurity threat where attackers collect encrypted data with the intention of decrypting it later using more powerful computing methods, such as quantum computers. Recognizing this threat, the platform has been built from the ground up to be immune against quantum computer attacks.
Quantum Computing Developments and the EU’s Response
The past year has seen significant advancements in quantum computing capabilities, highlighted by IBM’s Condor, a machine with over 1000 qubits of power. Recognizing the importance of post-quantum cybersecurity, the US White House released its National Cybersecurity Strategy. Similarly, NATO and the World Economic Forum released strategies to prepare for the quantum era in January 2024. The EU, keen not to fall behind in the global quantum race, launched the Quantum Technologies Flagship in 2018 with a €1 billion budget. The race between quantum technology and the development of cybersecurity countermeasures has necessitated proactive measures in the public sector to address these security challenges.
QANplatform is a quantum-resistant hybrid blockchain platform that enables developers and enterprises to build quantum-resistant smart contracts and web3 solutions in any programming language. The platform has been chosen as the Official Blockchain Partner by Alpine Esports, a Group Renault brand, and inter alia in the Formula 1 Esports Series. QANplatform was selected for the EY (Ernst & Young) Global Startup Academy 2023 Program and is backed by Qatar’s MBK Holding.
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