On July 4th, post-quantum cryptography company BTQ (NEO: BTQ) (FSE: NG3) (OTCQX: BTQQF) announced the establishment of a research partnership with the International Institute of Cyber Security (IRCS) and signed a memorandum of understanding to further develop Post-quantum cryptography. Both BTQ and IRCS are keen on in-depth research and application of a secure algorithm for Long–term Message Authentication and Encryption (Secure algorithm for Long–term Message Authentication and Encryption, SOLMAE), which is a signature scheme developed by IRCS and submitted in November 2022 For the Korean Standardization Contest organized by the Quantum Counterbalanced Cryptography Research Center. The partnership will also explore other lattice-based cryptosystems.
SOLMAE is a signature scheme that verifies the authenticity of digital information to ensure that the information is authentic and has not been tampered with. SOLMAE provides versatile capabilities for authenticating and securing communication channels in retail and commercial industries, such as those utilizing artificial intelligence (AI). By applying the SOLMAE signature to the artificial intelligence model, it can be ensured that the model has not been tampered with or modified, thus ensuring the authenticity and credibility of the model. Since AI systems rely heavily on training data, SOLMAE can also be used to establish the integrity and provenance of training data. By signing the data set with SOLMAE, it can be verified that the data used to train the artificial intelligence model has not been tampered with or modified, ensuring the credibility of the training process. SOLMAE can also be used to detect adversarial attacks aimed at manipulating AI systems by introducing subtle perturbations to input data. SOLMAE signatures can be used to detect such attacks, identifying any modification or tampering attempts through the signature verification process.
Olivier Roussy Newton, CEO and Chairman of BTQ, said: "The partnership with IRCS is fully aligned with our mission to address the security threats posed by quantum computers. We are excited by the potential of SOLMAE and other lattice-based cryptosystems to redefine the field of cybersecurity." Excited. We look forward to this journey of growth and discovery together."
Kwangjo Kim, professor emeritus at the Korea Advanced Institute of Science and Technology (KAIST), said, "With the signing of this MoU, IRCS and BTQ will create a new era based on their global research collaboration on the theory and application of SOLMAE-based quantum-resistant cryptography. quantum network infrastructure to secure future quantum computer attacks. We believe that IRCS and BTQ will make leading contributions to building the foundations of a new quantum network security infrastructure that can be securely protected against quantum computer attacks attack."
In March 2021, BTQ was established in the Principality of Liechtenstein . This is a leading start-up company in the field of post-quantum empowered blockchain technology. The company's technical team consists of world-class cryptographers, blockchain experts and cryptocurrency experts. Composition, team experts with rich experience, respectively from Canada, Europe, Australia, Japan and China Taiwan and other countries and regions.
The information on the company's official website shows that BTQ is the first company to develop post-quantum software and hardware on the blockchain . It is committed to the construction of post-quantum cryptography security infrastructure, using the world's leading post-quantum computing security technology to develop quantum-safe digital asset protection, Smart contracts with verifiable security, etc., create a sustainable and energy-saving blockchain network.
It is worth noting that the company's chief cryptographer, Professor Chen-Mou Cheng, is a world-leading expert in the study of post-quantum cryptography. He studied at National Taiwan University and obtained a bachelor's degree and a master's degree in electronic engineering. , also received a Ph.D. in Computer Science from Harvard University.
