Excalibur Quantum Cold Wallet

Search documents
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
Core Insights - Krown Technologies and Quantum eMotion are advancing the development of two quantum-secure cryptocurrency wallets: Qastle Quantum Hot Wallet and Excalibur Quantum Cold Wallet, aimed at protecting digital assets from quantum computing threats [1][8] - The partnership with Esposito Intellectual Enterprises is enhancing the commercialization and visibility of these wallets across various sectors [5][6] Product Development - Excalibur Cold Wallet is designed to be a compact, thumb-drive-sized device that offers up to 98% reduction in monetary loss risk compared to traditional cold wallets, with ongoing efforts to optimize its design for large-scale production [3][8] - Qastle Hot Wallet is being developed for online transactions, utilizing QeM's Entropy-as-a-Service and post-quantum cryptographic solutions to safeguard against quantum attacks, with recent milestones including the integration of advanced algorithms [4][8] Strategic Partnership - The collaboration between Krown Technologies and Quantum eMotion, supported by Esposito Intellectual Enterprises, is focused on driving innovation and expanding the market reach of the quantum-secure wallets [5][7] - EIE's extensive network across various industries is expected to enhance the exposure and adoption of Qastle and Excalibur wallets [6][7] Market Outlook - Krown Technologies is finalizing the design of Qastle, with prototype testing planned for Q3 2025, while Excalibur's production is set to ramp up to meet global demand, with availability anticipated in early 2026 [8] - The wallets are positioned to address increasing concerns regarding quantum vulnerabilities in cryptocurrency, as highlighted by recent research indicating that quantum computers could potentially break traditional encryption more easily than previously thought [8]
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]