01 Communique Focuses on Post-Quantum Cryptography for Blockchain Security

01 Communique Laboratory Inc., a leader in post-quantum cybersecurity solutions, announced its strategic focus on enhancing blockchain and cryptocurrency security using post-quantum cryptography (PQC). In light of recent advances in quantum computing, highlighted by Google's Willow quantum chip, the company underscores the vulnerability of traditional encryption and its potential risks to cryptocurrencies.

CEO Andrew Cheung emphasized the company's commitment to developing PQC-compliant products and mentioned their integration into applications like email encryption and remote access solutions. A significant milestone is the creation of a PQC-compliant Solana blockchain, with commercialization expected by 2025.

The company received a US patent for a technology that can make existing cryptocurrencies PQC-compliant. As cryptocurrencies gain popularity, 01 Communique aims to provide enhanced security against quantum threats.