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Jan. 22, 2025, 11:39 p.m.
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Quantum eMotion Unveils Revolutionary QaaS Wallet Reducing Monetary Loss Risk by 98%

Brief news summary

Quantum eMotion Corp. (QeM) has introduced a groundbreaking quantum hardware wallet in July 2024, which aims to reduce the risk of financial loss by up to 98% compared to traditional hierarchical deterministic (HD) wallets. This advanced wallet utilizes QeM's proprietary Quantum Random Number Generation (QRNG) technology along with an innovative key generation system, significantly enhancing the security of blockchain transactions while promoting cost efficiency through hardware reuse. To defend against brute-force attacks, it features a unique resetting mechanism that regenerates master private keys using quantum-generated random numbers. Developed in collaboration with experts from École de technologie supérieure and the University of Sherbrooke, the wallet has undergone extensive testing, with results published by Springer Nature. Furthermore, the hybrid Quantum-as-a-Service (QaaS) wallet integrates QRNG key generation with deep learning, allowing it to optimize key scheme selection based on user behavior, thus enhancing security and efficiency for Ethereum transactions. CEO Francis Bellido emphasizes that this wallet could transform blockchain security by merging quantum technology with advanced design. QeM is committed to delivering robust security solutions across sectors like finance, healthcare, and IoT, ensuring the protection of valuable assets. For more information, visit [quantumemotion.com](https://www.quantumemotion.com/).

**In This Article:** **Monetary Loss Risk Reduced by Up to 98%** Montreal, Quebec--(Newsfile Corp. - January 22, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or "the Corporation") has announced groundbreaking results for its cutting-edge quantum-based hardware wallet, which is set to transform security in blockchain and cryptocurrency transactions. Recent studies indicate that this state-of-the-art solution lowers the risk of monetary loss by as much as 98% when compared to traditional hierarchical deterministic (HD) wallets. Originally revealed last July, the wallet utilizes Quantum eMotion's proprietary Quantum Random Number Generation (QRNG) technology along with an advanced key generation scheme, ensuring peak performance for commercial blockchain applications. By reusing hardware components for the generation of both parent and child keys, it offers a cost-effective and compact solution, minimizing both costs and complexity. Featuring an advanced resetting mechanism, the wallet boosts protection against brute-force attacks and privilege escalation through the regeneration of master private keys using new quantum random numbers. The design has been rigorously validated in collaboration with researchers M. Shabir, K.

Zhang, G. Gagnon, and Bertrand Reulet from ETS (École de technologie supérieure, Montreal, Canada) and the University of Sherbrooke, and published in Springer Nature under the title: Qaas: hybrid cryptocurrency wallet-as-a-service based on Quantum RNG*. This hybrid Quantum-as-a-Service (QaaS) wallet combines QRNG-powered key generation with deep learning algorithms, optimizing key scheme selection according to user behavior. This strategy ensures fortified security while maintaining efficiency and memory management. Successfully applied to Ethereum transactions, the QaaS wallet showcases exceptional security enhancements and operational performance without increased memory requirements. "Our QaaS wallet signifies a major advancement in blockchain security and usability, " stated Francis Bellido, CEO of Quantum eMotion. "By integrating quantum technology with sophisticated system design, we are establishing new standards for safeguarding digital assets. " *https://link. springer. com/article/10. 1007/s10586-024-04885-7 **About QeM** Quantum eMotion's mission is to meet the rising demand for affordable hardware and software security in connected devices. The Company has emerged as a pioneer in classical and quantum cybersecurity solutions, backed by its patented Quantum Random Number Generator, a security innovation leveraging the inherent unpredictability of quantum mechanics to offer superior protection for high-value assets and critical systems. The Company plans to focus on high-value sectors, including Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IoT, Automotive, Consumer Electronics), and Quantum Cryptography. For more information, visit our website at https://www. quantumemotion. com/ or reach out to: Francis Bellido, Chief Executive Officer Tel: 514. 956. 2525 Email: info@quantumemotion. com Website: www. quantumemotion. com Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) takes responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements that involve known and unknown risks and uncertainties, which could cause actual results to differ significantly from those anticipated. Such risks and uncertainties are outlined in the Corporation's periodic reports, including the annual report, and in filings made by Quantum with securities regulatory authorities. To view the original version of this press release, please visit https://www. newsfilecorp. com/release/238071 **Recommended Stories**


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