BOLTS Launches Quantum-Resilience Pilot On Canton Network To Future-Proof $6T Real-World Assets

Today, BOLTS Technologies (BOLTS), a cybersecurity company pioneering crypto-agile and cipher-neutral security infrastructure, announced the launch of a pilot program to explore bringing quantum-resilience on the Canton Network, the public, permissionless blockchain purpose-built for institutional finance.

The pilot will explore how BOLTS' quantum-resilient software product, QFlex, could potentially bring quantum-resistant transaction assurance to Canton Network. QFlex addresses the multi-faceted complexities around fortifying blockchain networks against Q-Day. This refers to the day when a cryptographically relevant quantum computer (CRQC) arrives, and undermines the foundations of current Internet security using Shor's algorithm.

Following the EU's introduction of PQS 2030, flexible support for post-quantum cryptography (PQS) will become an increasing focus for Canton Network, which has an extensive roster of institutional ecosystem participants, processing over $4T in repos monthly.

Built on the Structured Data Folding with Transmutations (SDFT) protocol, QFlex delivers cryptographic agility at the transaction level. As such, it empowers each asset owner to respond to new threats in real time on their next transaction unlike existing static or hybrid-algo solutions.

About BOLTS Technologies

BOLTS Technologies provides advanced, validated quantum-resilient solutions for Web3 systems. Its flagship technology, QFlex, enables crypto-agile protection of blockchain transactions controlled by the owner/wallet. QFlex saves blockchains from future cryptography transitions. QFlex has its roots in secure data centric technologies providing scalable privacy solutions originally developed by its sister company, NUTS Technologies. QFlex (SDFT) has won numerous grants from The National Institute of Standards and Technology, The United States Air Force, and The United States Navy for advanced cryptographic technologies. SDFT/NUTS advanced applied cryptographic technologies are backed by more than 30 international patents. More:

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