Quantum Resistant Ledger (QRL) Foundation Announces New Research Arm – Seeking Four Post-Quantum cryptographers

The Quantum Resistant Ledger (QRL) Foundation, creator of a leading quantum-secure blockchain network and digital asset platform, is continuing to pioneer in the field by seeking up to 4 post-quantum cryptographers for research grants as part of its newly formed research initiative. This announcement comes on the tail of Google’s quantum supremacy achievement, which further confirms the need for a transition towards quantum-secure cryptography in many technological domains.

ADVERTISEMENTSBlockchain Expo North America 2019
Evident
global
Token Agency

Share with:


The Quantum Resistant Ledger (QRL) Foundation is continuing to pioneer in the development of post-quantum cryptographic applications, and to help address the threat quantum computing will have globally, The Quantum Resistant Ledger Foundation is opening up its research arm and seeking up to 4 post-quantum cryptographers who are interested in pursuing research grants for lattice-based threshold cryptography.

advertisementToken Agency

qrlfoundationThis news comes on the recent revelations of Google’s quantum supremacy achievement, which further confirms the need for a transition towards quantum-secure cryptography in many technological domains.

Google, in partnership with NASA, has demonstrated the ability to perform a computation in seconds that would otherwise take our largest supercomputers thousands of years – an achievement known as “quantum supremacy.”

The power of Quantum computing is said to be growing at a double-exponential rate when compared to classical computers, an observation first made by Google’s Hartmut Neven. This rapid progress signifies that it is only a matter of time until quantum computers will be able to break elliptic curve cryptography (ECC). Public Key infrastructure reliant on ECC underpins both the security of the internet and the security of funds on most blockchain networks (like Bitcoin and Ethereum).

 

QRL is the first fully quantum-resistant blockchain network and digital asset platform. It relies on a third-party audited and IETF specified implementation of the eXtended Merkle Signature Scheme (XMSS), rather than on ECDSA as other blockchains projects do. This security has been in place since the genesis block and is augmented by a forward-thinking crypto-agile approach characterized by an address format designed to be adaptable to future signature schemes, which may arise in response to additional security threats beyond those posed by quantum computers. In parallel, QRL is set to be the first enterprise-grade platform to utilise the lattice-based Dilithium and Kyber algorithms. They form the basis for QRL’s ephemeral messaging layer, a resilient and decentralised post-quantum messaging service which will run alongside the QRL network.

The Quantum Resistant Ledger (QRL) is a forward-thinking, fully quantum-resistant blockchain network and digital asset platform which uses a secure, audited, and IETF specified implementation of the eXtended Merkle Tree Signature Scheme (XMSS) from its genesis block. This is in direct contrast with a vast majority of blockchains that lack audits and rely on ECDSA, a signature scheme that is vulnerable to quantum attacks and which will be difficult to replace. The security of the QRL platform and its post-quantum value store is complemented by a vast suite of core features and a development ecosystem that allows users to build new blockchain applications that use or connect to the QRL protocol.

Applicants can visit https://theqrl.org/research/grants for up-to-date information on the grants available or express interest to [email protected]

Share with:


About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles

Also published on Medium.

advertisements
Blockchain Partners

Token Agency
global
Tymlez
Blockchain Expo North America 2019
Ammbr Blockchain Technology