Enterprise Applications

Our Post-Quantum Blockchain technology (PQBC) is a permission-based blockchain technology with Quantum-safe Cryptography. Virtually all enterprises can use & benefit from our PQBC technology. Following are some practical examples.

Post-Trading Processing

In general, all post-trading processing (e.g. stock trading, commodity trading, etc.) is similar in nature. These operations involve multiple data silos in each step of the processing. This translates into expensive processing costs, inefficiency, and latency. Our PQBC technology eliminates these barriers creating an unprecedented environment with no redundancy and no reconciliation. This means the transactions are secure, fast, and at a fraction of the cost of the old system. This is also music to the ear of regulators with the security and transparency of data in the post-trading processing.
Post-Trading Processing
Post-Trading Processing

Global Payment Processing

Global payment processing is an old fashioned system that involves 2 financial institutions counting on a Trusted Third Party (TTP) to process transactions. In simple terms, the TTP certifies that the sending institution is truly committed to send the payment to the receiving institution. This process is very expensive and the central data silo at the TTP is extremely vulnerable to cyber attacks by future quantum computers. Our PQBC technology can transform this old system to a new cyber TTP between the sending and receiving institutions. The result is a more secured and faster transaction at a fraction of the cost of the old system. Since PQBC technology is safe against cyber attacks from classical computers and future quantum computers, regulatory auditing becomes more efficient and more reliable.

Health-care Transactions Processing

Health-care related records are stored in highly independent data silos of different health-care institutions. Just to name a few, your records at the doctor's office can be in an old fashioned paper file and medical records in one hospital do not coordinate with another hospital. This results in very inefficient, high costs, and most importantly inaccurate data silos causing mistreatment in many reported cases. Our PQBC technology can revolutionize this disoriented old fashioned system by recording each health-care related record for any individual patient on a shared distributed ledger that is not only efficient and up-to-date but also immune to corruption.
Post-Trading Processing
Post-Trading Processing

Identity Management

Since there is no universally accepted digtal version of offline identity, authorities may have issued different identities records to an individual without cross-referencing each other (e.g. health card, driver's license). This results in multiple independent data silos rendering high costs, inefficiencies, and most importantly poised for identity theft. Our PQBC technology allows individuals to regain control of their identity. A decentralized IDs system (DIDs) can be built to store a universal digital ID for any given individual. This digital ID is linked to different parts of an identity and nothing can be manipulated because PQBC records cannot be tempered. In addition, when an individual has changed his/her address or name after a marriage only one single update is good enough for everything. Identity theft will be a thing in the past!