Monthly Archives: April 2023

The #quantumsecurity era is coming – here’s how to prepare for it

Quantum-2 (May 23 2023)

However, it also poses a significant threat to cybersecurity. With quantum computers, traditional encryption methods may become vulnerable, and sensitive data could be compromised. Therefore, it’s crucial for leaders to prepare for the quantum security era.

Firstly, leaders need to understand the potential implications of quantum computing on their organizations. They should assess which data and applications may be at risk, and the potential impact of a security breach. They must also consider the impact on their industry as a whole and stay updated on the latest developments in quantum technology.

Secondly, leaders should begin to explore quantum-resistant encryption methods. Post-quantum cryptography, which uses algorithms that are resistant to quantum attacks, is a promising solution. They can start by working with their IT teams and security experts to identify and prioritize areas that need to be strengthened, and invest in the necessary technology and infrastructure to implement these solutions.

Thirdly, leaders should consider partnering with experts in the field of quantum security. This includes collaborating with universities and research institutions that are at the forefront of quantum research. By working with experts, leaders can stay updated on the latest developments in the field and gain insights into how to implement quantum-resistant security measures.

Finally, leaders need to prioritize education and training for their employees. As quantum security measures become more widespread, it’s crucial that employees are trained on how to implement and use them effectively. This includes educating employees on the importance of strong passwords, two-factor authentication, and other security measures that can help protect sensitive data.

In conclusion, the quantum security era is approaching, and leaders must prepare to protect their organizations from potential threats. By understanding the implications of quantum computing, exploring quantum-resistant encryption methods, partnering with experts, and prioritizing education and training, leaders can safeguard their organizations and stay ahead of the curve in this rapidly evolving field.

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

What if anyone could access your #bitcoinwallet?

Bitcoin (Apr 20 2023)

If the answer is yes, then that’s a game changer for #cryptocurrencies!

So how do you access a bitcoin wallet. Accessing a Bitcoin wallet requires issuing a transaction to move Bitcoin from the address at which it resides to a new address; to perform such a transaction, you need knowledge of the private key associated with the Bitcoin address. Looking at how the FBI retrieved the Bitcoin from the Colonial Pipeline Hackers, Joseph Steinberg makes the following comment …

“It is no secret that cryptocurrencies enable various types of criminal activity and facilitate money laundering and the unreported transfers of large sums of money; as a result, I have wondered for years if lawmakers and law enforcement seemingly “turning a blind eye” to much of the issue has not been the result of naiveite, but because governments have “back doors” into popular crypto networks; are various government bodies able to better trace transactions than is commonly believed, to exploit zero-day implementation vulnerabilities in the crypto networks themselves or in the communications infrastructure upon which the networks rely, or to crack private keys far faster than outsiders believe through the use of quantum computers more advanced than are publicly known to  exist? Could Satoshi Nakomoto even be some government agency somewhere? Whoever knows the answers to these questions will clearly not answer them to the public. (Of course, if the FBI has such capabilities, it would likely use them sparingly and ascribe any successes to other techniques – just as the Allies did not act on every piece of data obtained by hacking Enigma so as not to alert the Nazis to Enigma’s compromise.)”

Also, it’s not a secret that quantum computers will eventually be able to rapidly crack the asymmetric encryption that forms the heart of modern-day digital signatures, nor is it a secret that many blockchain implementations – including those utilized by several popular cryptocurrencies – rely on potentially quantum-vulnerable asymmetric encryption algorithms to establish and authenticate the “owners” of their respective per-ledge-address contents.

Cryptocurrencies like Bitcoin and others are developed on blockchain technologies. Though advanced and sophisticated, the arrival of quantum computers are posing a serious threat to the security of blockchains. The only solution is to transition to quantum-safe blockchains utilizing post-quantum cryptography.

What is a quantum-safe blockchain? Well let’s run through the basics first. A blockchain is a database that is shared among the nodes of a computer network and stores data electronically. The jewel crown of this innovative blockchain technology is that it ensures the fidelity and security of a record of data which does not require a trusted third party.

Now that we know what blockchain truly means and how secure it is, we must also know that blockchain end points are vulnerable to quantum hacking. CISOs today and even blockchain experts are well aware of the fast-approaching quantum threats. The official Bitcoin website states that Bitcoin is vulnerable to quantum hacking just as most systems relying on cryptography in general are, including traditional banking systems. Some of the most recent hacks include $300M and $650M losses in cryptocurrencies that resulted from digital signature failures.

Besides cryptocurrency trading, the blockchain is a revolutionary technology that has many use cases. The blockchain is changing the face of businesses and governments today. It can be used for asset traceability, supply chain, trade payments, global payments, banking systems, voting and even digital identity. Using this very technology, new business models are evolving and disrupting the existing ones.

Just like all things on the internet, the blockchain requires security against quantum hacking. This is where IronCAP’s™ unique technology comes to use. We are developing the world’s first Quantum-Safe Blockchain designed for Tokens, NFTs, Smart Contracts for Metaverse, De-centralized Finance (DeFi) and more. This best-in-class quantum-safe blockchain can protect against cyber adversaries, including future quantum attacks. A revolutionary, state-of-the-art, quantum-safe blockchain has endless applications and use cases for every business.

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

#IronCAP Completes PoC #QuantumSafe #Blockchain

Cryptocurrency (Apr 25 2023)


All the technical objectives necessary to integrate IronCAP™ into the Solana blockchain have been achieved!

Not just by providing a quantum-safe blockchain that supports smart contracts, but also retaining Solana’s ultra-fast throughput. “The technology we developed for this project is independent of the type of blockchain that is in use and as such it can be applied to not only the Solana blockchain but also other public blockchains such as Bitcoin, Ethereum, as well as most private business blockchains. The method of integration is unique and; therefore, we plan to file a patent application along with our partner, Talent Summit who has accepted and paid for the delivery of the Proof of Concept (“PoC”).  Our next step will be to create and demonstrate a quantum-safe wallet while Talent Summit will plan for commercial development and launching of QNT – Quantum Native Token,” said Andrew Cheung, President and CEO of 01 Communique.

As previously announced, the Company was commissioned to develop the World’s First Quantum-Safe Blockchain designed for Tokens, NFTs, Smart Contracts for the Metaverse, De-centralized Finance (DeFi). It is expected that this quantum-safe blockchain will be resilient against cyber-attacks, including attacks from Quantum Computers.

“Unfortunately, virtually all blockchains in the world today are vulnerable to quantum computer attacks.  Since blockchain data is meant to be “forever” it is imperative that it is quantum-safe.  This PoC achievement is a very significant milestone and demonstrates our IronCAP™ technology can transform existing blockchains into a quantum-safe version that can be incorporated in Tokens, NFTs, Smart Contracts for Metaverse, DeFi, and more”, said Andrew Cheung.

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.

#01Communique Announces Receipt of a Notice of Allowance from the USPTO for its #QuantumSafe #Wallet Patent Application

Patented-lores01 Communique Laboratory Inc. is pleased to announce that the United States Patent and Trademark Office has allowed the issuance of a patent related to its blockchain endpoints protection technology.

The Company has received aNotice of Allowance from the USPTO stating that its patent application (application no. 17/972,815) for its blockchain endpoint protection technology has been examined, prosecution is now closed and it is allowed for issuance as a patent.

Quoting Andrew Cheung, CEO, “The endpoints in a blockchain are the weakest link in the system and current wallets are vulnerable to quantum computer attacks. As previously announced, using the technology embodied in this patent we have conducted intensive R&D using Solana as the sandbox and successfully created a quantum-safe blockchain with digital wallets that ensure these endpoints are safe from attacks by bad actors using either conventional computers or quantum computers. The uniqueness of our invention is further verified by the issuance of a patent.  It is inevitable that all blockchains must become quantum-safe to prevent disaster.  I believe our invention is an important milestone for the blockchain world’s security in this post-quantum computing era.”

The patent provides for blockchain endpoint protection, hence creating quantum-safe wallets. Quantum security may be enhanced through the use of quantum-safe validators for transactions whereby the quantum-safe validators process quantum-safe addresses and signatures of parties to the transactions. Quantum safety may be added to conventional blockchain transactions, for example, via smart contracts which are executed using cryptographic interlocks to between conventional smart contract execution engines and quantum-safe validators to ensure both quantum-safe processing of addresses and signatures and legitimacy of quantum-safe validators in presenting transactions for incorporation on the chain.

A demonstration of our quantum-safe blockchain and wallets is available at: https://qnt-demo.ironcap.ca

You need to act now!

We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.

IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.