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Scope Technologies to Acquire Cloud Codes, Expanding Quantum-Secure Authentication & Storage Ecosystem
Prnewswire· 2025-08-20 12:00
VANCOUVER, British Columbia, Aug. 20, 2025 /PRNewswire/ -- Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") announced it has entered into an asset purchase agreement (the "Agreement") with Plurilock Security Inc. ("Plurilock"), a company listed on the TSX Venture Exchange, to acquire its subsidiary Plurilock Security Private Limited ("Cloud Codes"), an Indian corporation founded in 2011 with a proven track record in secure Single Sign-On ("SSO") and dist ...
Full Alliance Group's Qubitera Holdings Expands Quant Blockchain Healthcare Development Roadmap
GlobeNewswire News Room· 2025-08-11 12:05
Core Insights - Full Alliance Group's subsidiary, Qubitera Holdings, is launching a post-quantum cryptography-based Electronic Health Record (EHR) and Electronic Medical Record (EMR) system, with a comprehensive five-phase technical roadmap aimed for global deployment by mid-2027 [1][5]. Technical Roadmap - **Research and Planning (Q3 – Q4 2025)**: Establish partnerships with hospitals, PQC vendors, and regulatory bodies to ensure compliance and stakeholder alignment [3]. - **Prototype Development (Q1 – Q2 2026)**: Create a functional prototype using ML-KEM encryption and ML-DSA signatures, implement a permissioned blockchain for metadata storage, and develop a user-friendly interface [3]. - **Pilot Deployment and Optimization (Q3 – Q4 2026)**: Launch pilot programs in select hospital networks, optimize PQC performance, and conduct Quantum Key Distribution (QKD) pilots [3]. - **Full Global Deployment (Q1 – Q2 2027)**: Scale the platform globally with cross-border interoperability and maintain cryptographic agility for future updates [3]. - **Long-Term Innovation (Q3 2027 Onward)**: Expand QKD infrastructure for secure data exchanges between global health networks [3]. Industry Context - The healthcare technology market is experiencing significant growth, with the global AI in healthcare market projected to reach $187.69 billion by 2030, growing at a CAGR of 38.62% from 2025 to 2030 [8]. - The health data interoperability market is expected to reach $352.13 billion by 2032, with a CAGR of 22.65% from 2025 to 2032 [8]. - The blockchain in healthcare market is projected to reach $193.43 billion by 2034, with a CAGR of 35.08% from 2025 to 2034 [9]. Security and Demand - Over 500 million healthcare records have been compromised since 2020, with average incident costs reaching $10.93 million in 2024, highlighting the urgent need for secure data sharing solutions [10]. - Qubitera's platform addresses the impending threat of quantum computing to traditional encryption methods and meets the public demand for patient ownership and transparency of medical records [4][5]. Competitive Positioning - Qubitera Holdings aims to architect the infrastructure for healthcare's digital transformation, leveraging the convergence of AI, blockchain, and interoperability to improve medical information flow and patient outcomes [11].
Fortinet Expands Hybrid Mesh Firewall Portfolio with FortiGate 700G
Globenewswire· 2025-05-07 13:00
Core Insights - Fortinet has launched the FortiGate 700G series, a next-generation firewall designed for modern campuses, featuring advanced capabilities such as post-quantum cryptography and AI-driven threat detection [1][2] Performance and Specifications - The FortiGate 700G series offers up to 7x higher firewall throughput (164 Gbps) and 4x better threat protection (26 Gbps) compared to industry averages [4][5] - It supports IPsec VPN throughput of 55 Gbps, which is also 7x higher than competitors [4] - The series can handle 16 million concurrent sessions and 700,000 connections per second, outperforming other leading brands [6] Energy Efficiency - The FortiGate 700G series consumes 1.8 watts per Gbps for firewall throughput, which is 7x more efficient than the industry average [6] - For IPsec VPN throughput, it consumes 5.4 watts per Gbps, 6x lower than competitors [6] Advanced Security Features - The series includes FortiAI-Protect for AI-driven threat detection and risk mitigation, enhancing the ability to block sophisticated cyber threats [5] - It features post-quantum cryptography readiness, enabling organizations to protect sensitive data against future quantum threats [5] Integration and Scalability - Fortinet's Security Fabric integrates the FortiGate 700G series into a unified cybersecurity platform, providing centralized management and real-time visibility across hybrid environments [7] - The series supports a wide range of network interfaces from 5GE to 25GE, allowing for flexibility and future upgrades without significant costs [5]