Quantum1Net is developing the means to keep the digital world quantum-safe for years to come. Founded in 2017, Quantum1Net combines decades of industry experience with cutting edge technology to create quantum-secure encryption services. Starting with making Bitcoin safe from quantum hacking, Quantum1Net will roll out a wide range of novel products to protect digital transactions and communications from quantum hackers.
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 due to the unyielding advance of Moore’s law and the emergence of quantum computing. 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 forms of encryption feasible in 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.
