QANplatform launches world’s first quantum-resistant, EVM-compatible testnet

QANplatform launched the world’s first quantum-resistant blockchain testnet compatible with the Ethereum Virtual Machine , enabling the development of quantum-resistant smart contracts.

“Centralized authorities like governments, companies, and organizations can switch their IT security to post-quantum cryptography much more easily than blockchain platforms.” “Pseudonymity of blockchain will backfire at post-quantum migration because it will be impossible to tell legitimate owners migrating their funds and data or hackers stealing all of it apart. In this case, billions of dollars worth of “free money” and data could land in hackers’ hands if they start migrating on the real owners’ behalf making the affected blockchains immediately worthless.”

“Quantum-resistant technology is important already today because of the ‘Store now, decrypt later' cybersecurity threat that involves attackers collecting encrypted data with the intention of decrypting it later using more powerful computing methods, such as quantum computers.”in February that aims to future-proof iMessages with post-quantum cryptography, making Apple the first among a handful of quantum-proof messaging providers.

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