Significant effort and resources are being employed by hackers to crack RSA and other forms of encryption.The rise of quantum computing makes cracking RSA and various other of encryption feasiblein the near future. Classical computers use binary bits, which have a value of either zero or one . Strings of these zeroes and ones translate into data, but the nature of the bit means only one calculation can be done at a time . However, with quantum computing, each quantum bit (called a qubit) can both be a zero and one at the same time.
This difference means quantum computers can store vastly more data, and do many more calculations per second, making them perfect for code breaking applications. With these quantum computing technologies on the cusp of a breakthrough making the technology ready to crack existing methods of encryption, the time to act is now. Once RSA is cracked, mission critical applications like HTTPS, credit and debit card processing, and government systems face the immediate risk of compromise.
The chaos resulting from such a hack would be totally disruptive to the social and economic framework of daily life.
This is why we are developing a quantum generated, key secured data transmission platform called Quantum1Net. Leveraging quantum computing, we are able to provide a level of complexity in cryptographic key generation that is not possible by traditional means. We expect quantum computing to play a key role in the future of encryption.
The RSA cryptography platform is now 40 years old. While it has served well in securing the Internet and digital communications, its days are numbered. The rise of quantum computing is a threat for RSA and other forms of encryption. It will provide tools which will make it feasible for hackers to crack these mechanisms.
Quantum computers exploit the unique properties of microscopic world, superposition and entanglement, to perform calculations much more efficiently than ordinary computers. This way, they can complete tasks in minutes or hours which would take today’s best devices up to billions of years. This poses a real risk for our digital lives, as most encryption methods exploit this relative slowness of classical computers to make our data safe.
At Quantum1Net we have developed a new solution for these up and coming problems. Quantum mechanics allows for the generation of intrinsically random sequences of numbers. These lie in the heart of our Quantum Encrypted Key Generation (QEKG) technology, which will allow for secure storage and transfer of data. It will provide level of complexity in cryptographic key generation that is not possible by traditional means, protecting data even from quantum computers.
The Mission
Innovation is what drives the Quantum1Net team, we are determined to create incredibly powerful technology, make it accessible, relevant, and ultimately personal. Quantum1Net’s mission is to create technology that enables and empowers. We have designed a product so secure that you don’t need to worry now or in the future about the security of your data. We are introducing an unparalleled level of technical innovation, combined with a system design that connects with the user to provide critical security, ease of use, and peace of mind.
Each year, Quantum1Net plans to reinvest around 20% of its revenue into research and development of new network security solutions to improve transmissions options for people around the world suffering from insecure data transmission. This will make Quantum1Net a significantly research -intensive enterprise.
ICO Timeline
Meet the team:
For more information please visit:
Website : https://quantum1net.com/
White Paper : https://quantum1net.com/Q1N%20white%20paper.pdf
Facebook : https://www.facebook.com/quantum1net
Twitter : https://twitter.com/quantum1net
Telegram : https://t.me/Quantum1Net
Bounty thread: https://bitcointalk.org/index.php?topic=2715047
Author: Tosin David
My bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1180815
ETH Address: 0xccb98e6af2b1dbe621fbac6b48e6e98811fe1243