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01 Communique Announced and Demonstrated IronCAP X, a Post-Quantum Email and File Encrypted System
01 Communique Announced and Demonstrated IronCAP X, a Post-Quantum Email and File Encrypte...
About this update from 01 Quantum Inc.
[{"type":"text","content":"\n\n\n\n01 Communique Announced and Demonstrated IronCAP X, a Post-Quantum Email and File Encrypted System\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, April 25, 2019\n\n\n\nTORONTO, April 25, 2019 /CNW/ - 01 Communique Laboratory Inc. (ONE:TSX-V) gave shareholders a first glimpse of the Company's post-quantum email and file encrypted system, IronCAP X, at its Annual Shareholders' Meeting held yesterday in Toronto.\nIronCAP X is the Company's first product incorporating its patent pending IronCAP Crypto (\"ICC\") technology and is believed to be the world's first quantum-safe email system. The system demonstrated at the Company's shareholder meeting showed how easy it is to send and receive an email that encapsulates 01's encryption and digital signing system, IronCAP X, providing an end-to-end encrypted message that only the recipient can decrypt and read. The Company reiterated that it is on track for a commercial release of IronCAP X later this year being the fall of 2019.\n\"Today cyber security systems are primarily based on the mathematical difficulty of prime number factorization that would take the supercomputer of today over 100 years to crack,\" said Andrew Cheung, President and CEO of 01 Communique. \"Quantum computers, with millions of times faster processing speeds, are capable of shrinking the 100 years into seconds or less. They are poised to disrupt the world of cyber security including blockchains. What we are doing is introducing our patent pending code based encryption into the equation which speeds up the quantum computer safe encryption/decryption key generation process. The end result is an end-to-end system, IronCAP, which is easy to use and protects your data from being hacked by the super computers of today and the quantum computers of tomorrow.\"\nAbout our ICC technologies:\nThe Company's invention, as described in its United States patent application Nos. 16/268,098 filed in January 2019, relates generally to cryptographic systems and methods. It is a unique cryptographic system that is not only designe...