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Krown Technologies and Quantum eMotion Launch Qastle - The First Hot Wallet Secured by Quantum Entropy and Post-Quantum Encryption
Newsfile· 2025-11-03 13:55
Core Insights - Krown Technologies and Quantum eMotion have launched Qastle, the first quantum-secured hot wallet, aimed at disrupting a market projected to exceed $100 billion by 2033 [1][2][5] Industry Overview - The global crypto-wallet industry is valued at $12.6 billion and is expected to grow significantly, with hot wallets being the most commercially active segment [2] - Hot wallets are vulnerable to cyber threats due to their constant internet connectivity, making them prime targets for attacks [2] Product Features - Qastle utilizes Quantum Entropy-as-a-Service and post-quantum cryptography to enhance security, providing superior randomness and key protection compared to traditional methods [3][4] - The wallet's security is based on QeM's QRNG2 true-entropy engine, which generates non-deterministic randomness for various security functions [4] - Qastle is designed to be user-friendly while offering advanced security features suitable for both mobile and desktop environments [6] Market Potential - Krown Technologies anticipates between 50,000 and 150,000 users in Qastle's first quarter, with projections of over 1 million users within the first year [7] - The estimated first-year gross revenue for Qastle is projected to be between $8 million and $15 million, highlighting the significant market opportunity [7] - Comparisons to industry precedents, such as MetaMask Swaps generating over $250 million in cumulative fees, underscore the potential scale of Qastle's market impact [7]
Quantum eMotion Takes Center Stage as Sole Diamond Sponsor at ISC2 Security Congress 2025
Newsfile· 2025-10-27 13:28
Core Insights - Quantum eMotion Corp. is the exclusive Diamond Sponsor at the ISC2 Security Congress 2025, highlighting its leadership in quantum-safe cybersecurity innovation [1][2][4] - The company will showcase its quantum-based randomness technology and its strategic direction aimed at enhancing its role in the global quantum ecosystem [3][4] - Quantum eMotion is set to launch the Qastle Wallet, a quantum-secure digital wallet, in collaboration with Krown Technologies, emphasizing practical applications of its quantum security innovations [6] Company Positioning - Quantum eMotion aims to address the increasing demand for affordable security solutions for connected devices, positioning itself as a pioneer in both classical and quantum cybersecurity [7][8] - The company’s patented Quantum Random Number Generator leverages quantum mechanics to enhance protection for high-value assets and critical systems [8] Industry Context - The ISC2 Security Congress is recognized as a leading global cybersecurity conference, bringing together professionals and innovators from over 100 countries, which underscores the importance of Quantum eMotion's participation [2] - The focus on "Q-Day," when quantum computers may break current encryption standards, highlights the urgency for organizations to adopt quantum-resilient security measures [4][5]