BTQ Patent Innovative Method and System for Generating Private Cryptographic Keys
Insider Summary
- BTQ announced it has received approval for patents related to quantum-secure encryption technology.
- This technology enables the secure transmission of confidential information using private cryptographic keys generated from random vectors that are shared between entities.
- A variety of industries can use this technology, including distributed ledgers, finance, healthcare, and government agencies.
PRESS RELEASE — BTQ Technologies Inc., a global quantum technology company focused on securing mission-critical networks, announced that it has received approval from the US Patent and Trademark Office (USPTO) for its patent application related to quantum-secure encryption technology.
This patented technology enables secure transmission of confidential information between entities using private cryptographic keys generated from random vectors shared between entities. This invention can be implemented using a variety of mathematical functions and projection functions, making it a versatile and powerful solution for increasing security in data transmission.
BTQ discovery also involves compressing confidential information with lossless compression algorithms and combining compressed information with random data. A cryptogram is then generated by encrypting compressed secret information that is combined with random data. Cryptograms consist of information that allows confidential information to be distinguished from random data.
This new technology is a major breakthrough in data security and will have implications for a wide variety of industries that rely on secure data transmission, including distributed ledgers, finance, healthcare, and government agencies.
