- Qrypt specializes in next-generation encryption technology using quantum computing principles to ensure the highest level of cybersecurity for businesses and government entities.
- The platform offers solutions that secure sensitive data against current and future cyber threats.
- One of Qrypt’s key innovations is its Quantum Random Number Generation (QRNG), a crucial element in creating truly unbreakable encryption keys.
The world has made unprecedented progress in turning everything digital and threats that are associated with it have skyrocketed like never witnessed before.
Digital and cybersecurity threats are at the brim of many complicated and sophisticated businesses and government agencies whose efforts also need to be upscaled to safeguard their most sensitive data.
The stakes have never been higher in this regard and traditional encryption methods are proving to be insufficient and vulnerable to the growing power of modern computing.
Against this backdrop, quantum technology has emerged as the solution for this complicated issue and as an effective solution for the future.
Pioneering Quantum Encryption Technology
Qrypt is a US-based company that offers quantum-secure encryption that gives people the tools they need to immutably secure their data and their right to privacy.
Established with the vision to protect and defend collective privacy from exploitation regardless of the origin of the threat, Qrypt has built the only cryptographic solution capable of enhancing data security indefinitely.
Qrypt was founded by Kevin Chalker and Denis Mandich, who are hand-selected prodigious leaders from engineering, physics, and cryptography to create a new standard in security.
Through great partnerships and an unmatched team pedigree, the company has built patented encryption methods and applications that allow everyone to reclaim their right to digital autonomy.
New Frontiers in Cybersecurity
Although effective, traditional encryption methods are increasingly vulnerable to the growing power of modern computing.
As quantum computers become more advanced, they have the potential to break the cryptographic codes that protect sensitive data today.
It was crucial for Qrypt to recognize this threat and develop a platform based on quantum encryption– a technology that is designed to remain secure even in the post-quantum world.
At the core of the company is its Quantum Random Number Generator (QRNG). While traditional encryption lies heavily on random number generation, classical computers are incapable of generating truly random numbers.
Qrypt uses the principles of quantum mechanics to generate completely unpredictable numbers which are then used to create encryption keys that cannot be cracked by any computer, present or future.
Collaborations, Encryptions, and Qrypt
Qrypt has recently secured a Small Business Innovation Research (SBIR) Phase 1 contract from AFWERX.
This marks a significant milestone in Qrypt's growing role in the defense sector, where secure communication is of paramount importance.
“Commercial messaging and file transfer applications are essential modern communication tools. They are equally prevalent in classified environments, but military cybersecurity requirements are much greater and the stakes higher. ” shared Qrypt CTO Denis Mandich told Businesswire.
By integrating Qrypt's quantum-hardened encryption solutions, Mattermost will be able to withstand the threats of quantum computing, ensuring the integrity and confidentiality of sensitive information exchanged over the platform.
"Integrating Qrypt solutions vastly improves security and eliminates any single point of compromise on the network. We look forward to supporting the warfighter and are honored to be awarded," added Mandich
With the inevitable rise of quantum computing, the cybersecurity landscape is set to change dramatically. Qrypt’s encryption solutions are designed not only to meet today’s needs but also to withstand the challenges of a post-quantum world.
Qrypt has attracted significant attention from investors and the cybersecurity community, securing $50 million in funding as of its latest round.
The company is using this capital to expand its research and development efforts and bring its cutting-edge encryption solutions to a wider market.
As the demand for quantum-resistant encryption continues to grow, Qrypt is well-positioned to lead the charge in securing the data of tomorrow.
Edited By Annette George
