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Krown Technologies and Quantum eMotion Partner with Esposito Intellectual Enterprises to Broaden and Accelerate Commercialization of Quantum-Secure Wallets: Qastle and Excalibur
Newsfile· 2025-07-02 12:15
Krown Technologies and Quantum eMotion Partner with Esposito Intellectual Enterprises to Broaden and Accelerate Commercialization of Quantum-Secure Wallets: Qastle and ExcaliburJuly 02, 2025 8:15 AM EDT | Source: Quantum eMotion Corp.Monroe, Louisiana, and Montreal, Quebec--(Newsfile Corp. - July 2, 2025) - Krown Technologies LLC, in collaboration with Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM"), a leader in quantum-powered cybersecurity, is thrilled to announce signif ...
Krown Technologies and Quantum eMotion Partner with Esposito Intellectual Enterprises to Broaden and Accelerate Commercialization of Quantum-Secure Wallets: Qastle
Newsfile· 2025-07-02 10:00
Core Insights - Krown Technologies and Quantum eMotion are advancing the development of quantum-secure cryptocurrency wallets, specifically the Qastle Quantum Hot Wallet and the Excalibur Quantum Cold Wallet, to protect digital assets from quantum computing threats [1][9] Group 1: Product Development - The Excalibur Cold Wallet is designed to be compact and offers universal compatibility, utilizing QeM's Quantum Random Number Generator (QRNG) technology, which reduces monetary loss risk by up to 98% compared to traditional cold wallets [3] - The Qastle Hot Wallet aims to provide quantum-grade security for online transactions, integrating advanced post-quantum algorithms to protect against quantum attacks [4] Group 2: Strategic Partnerships - The collaboration between Krown Technologies and Quantum eMotion is enhanced by a partnership with Esposito Intellectual Enterprises, which aims to accelerate the commercialization and visibility of the quantum-secure wallets [5][6] - Esposito Intellectual Enterprises leverages its extensive network to promote the adoption of Krown's Qastle and Excalibur wallets across various sectors [6] Group 3: Industry Context - The advancements in quantum cybersecurity are crucial as recent research indicates that quantum computers could potentially break traditional encryption more easily than previously thought [9]
iPower Announces Strategic Shift Toward Crypto Treasury and Blockchain Infrastructure Services
Globenewswire· 2025-06-17 13:00
Bitcoin Treasury Strategy to Anchor New Business FocusRANCHO CUCAMONGA, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a technology-driven eCommerce and supply chain platform, today announced a major strategic shift approved by its Board of Directors. The Company intends to reposition itself as a crypto treasury and blockchain infrastructure services company, with an initial and central emphasis on building a Bitcoin treasury strategy as a foundational compo ...
Davis Commodities Plans to Establish Bitcoin Reserves to Strengthen Asset Allocation
Globenewswire· 2025-06-06 13:15
Core Insights - Davis Commodities has successfully approved a $30 million fundraising plan aimed at establishing Bitcoin reserves to enhance asset allocation and operational flexibility [1][6] - Bitcoin is recognized as a significant asset with strong value as a store of wealth, often referred to as "digital gold against inflation," and has a capped supply of 21 million coins, contributing to its desirability [2][3] - The company plans to adopt a phased accumulation strategy, allocating 15% of the fundraising amount, or $4.5 million, to acquire Bitcoin, while implementing risk management and price volatility hedging mechanisms [4][5] Company Strategy - The reserve strategy will leverage Bitcoin's non-sovereign nature and its ability to hedge against inflation, creating an asset buffer independent of traditional fiat currency systems [3][5] - By integrating Bitcoin into its asset management framework, the company aims to build a more resilient and diversified portfolio [3][6] - The management anticipates that Bitcoin's role in international trade transactions will expand as more countries integrate cryptocurrencies into their legal frameworks [5][6] Market Position - Bitcoin is currently recognized as the world's fifth-largest asset, with increasing liquidity and market maturity [2] - The successful implementation of the fundraising plan marks a significant step for Davis Commodities in diversifying its asset allocation and advancing digital transformation [6] - The company specializes in trading agricultural commodities such as sugar, rice, and oil and fat products across various markets, utilizing a global network of suppliers and logistics providers [7]
BTQ Technologies and ICTK Sign Memorandum of Understanding to Advance Quantum-Secure Hardware Solutions
Prnewswire· 2025-05-27 11:30
VANCOUVER, BC, May 27, 2025 /PRNewswire/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission- critical networks, is pleased to announce the signing of a Memorandum of Understanding (MOU) with ICTK Co., Ltd. ("ICTK"), a South Korea-based pioneer in hardware-level security technologies. Through this strategic collaboration, the two companies will explore the joint development of next-generation hardware systems desi ...