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Recent advancements in quantum technology and algorithms are shortening the timeframe to “Y2Q” – the day bad actors will be in a position to break today’s encryption. Unlike the Y2K “millennium bug,” there is no timetable for Y2Q. All we know is, it’s coming much faster than anyone predicted. That’s why adversaries around the world are already stealing and storing secrets, just waiting to for the quantum computing capacity to decrypt them.
The US Senate recently passed the Strengthening American Cybersecurity Act of 2022 mandating federal agencies to address cyber-threats to critical infrastructure and the federal government. And NIST has completed the third round of its PQC standardization process, designed to select which algorithms should protect us from quantum attacks.
Quantum-based attacks will first break the current “classic” asymmetric encryption algorithms and will weaken symmetric algorithms. Most vulnerable is the IoT / embedded space and its 13 billion (growing to 25 Billion by 2030) connected devices where compute power, memory space, and energy consumption are at a high premium so weaker (or no) encryption is often employed. Additionally, Digital Signature and Key Exchange algorithms are at the heart of EVERY TLS secured Internet transaction (e.g. web browsing, messaging, email, etc.) to the tune of ~1 Trillion transactions daily (Google.com alone uses it an estimated 64,000 per second!).
To provide Quantum security, existing asymmetric algorithms must be replaced with “post-Quantum” algorithms that are impervious to quantum and classical attacks. In addition, poor-quality cryptographic keys sourced from weak random number generators must be replaced by cryptographic keys derived from Quantum Random Number Generators that utilize quantum physical phenomenon or software-based quantum algorithms.
Quantropi’s solves these problems by providing a complete suite of TrUE quantum cryptographic functions paired with quantum entropy generation and distribution. It is fully compatible, interoperable, and interchangeable with today’s standard algorithms, protocols, and system and network architectures by delivering fully on the promise of ‘crypto agility’.
Quantropi’s quantum-secure product suite provides quantum-secure encryption and quantum key generation and distribution services to enterprises, governments, product manufacturers, and the IoT space.
QiSpace™ is the only platform on the planet providing all three prerequisites for end-to-end quantum security – Trust, Uncertainty, and Entropy – TrUE.
Quantropi’s TrUE product suite is fast, lightweight, low footprint, resource efficient, and works seamlessly on TODAY’s Internet, making it the perfect solution to protect the extremely vulnerable IoT / embedded space and its 13+ billion connected devices.
Randy holds a doctorate in quantum physics. His research findings have been published in top international journals and named “Kuang’s semi-classical formalism” by NASA in 2012. With a career spanning IT, including with Nortel as senior network researcher & developer, he co-founded inBay Technologies in 2009, serving as CTO of the cybersecurity platform. As the first recipient of a patent for two-level authentication (2011), Randy is a prolific inventor, with 30+ U.S. patents in broad technology fields, such as WiMAX, optical networks, multi-factor identity authentication, transaction authorization, as well as concepts, technologies and industrial applications for quantum key distribution.
Cory brings a breadth of experience to the Quantropi team, working fractionally with multiple SaaS technology companies as CFO, and as the CFO with Celtic House Venture Partners. Prior to these roles, Cory was CFO and COO at Solink, and played a lead role in the metrics-led pivot to a direct-sales SaaS model, followed by multiple VC-backed funding rounds and their recognition as one of the fastest growing start-ups in Canada. He qualified as a CPA while serving technology, VC & PE-fund clients at Deloitte, and earned his Bachelor of Commerce at Queen’s University.
A seasoned technology executive, business builder and angel investor, Raj has held operational and advisory roles in Recognia (Trading Central), Belair Networks (Ericsson), March Networks (Infinova), Sandvine (Procera), Neurolanguage (ADEC), Bridgewater Systems (Amdocs), Vayyoo (Cafex), TenXc (CCI), 1Mobility (Qualys) and others. Having divided his time among North America, EMEA and Asia-Pac for over 20 years, Raj speaks several languages. He grew up in Asia, Europe, South America and Canada, and holds a B.Eng degree in Mechanical Engineering from the University of Ottawa. He is also a co-founder and Charter Member of the Ottawa chapter of TiE (the Indus Entrepreneur).
Before joining Quantropi, Mike was Managing Director and co-founder of Accenture Ventures, where he grew a global portfolio of strategic partnerships and 38 equity investments in emerging technology startups.
During his nearly 30 years with Accenture, he incubated and launched technology innovations for enterprises across multiple geographies and industries. Ever-passionate about bold ideas with game-changing results, he speaks frequently on the impact of emerging technology on large organizations.
With a bachelor’s degree in Electrical Engineering and Computer Science from Princeton, and a Master’s in Biomedical Engineering from Northwestern, Mike is a former member of the Board of Directors for the Accenture Foundation and Board Observer for startups Maana and Splice Machine.
Eric Chan a.k.a. EEPMON is a Crypto / Digital Artist with 15 years in the industry – and Quantropi’s Creative Emissary. His hybrid fractal/digital creations have been seen in fashion, comics to museums and has exhibited worldwide. EEPMON’s collaborations include Canada Goose, MARVEL, Snoopy, Microsoft Xbox, Canada Science & Technology Museum and was a TEDx performing artist. In 2018 he represented Canada on its first Creative Industries Trade Mission led by Canada’s Minister of Heritage and serves on the Canadian Museums Association‘s Board of Directors. At the same time, he is currently completing his Master of Information Technology – Digital Media at Carleton University.
Dat Nguyen has executive experience with top global consultancies such as IBM, Accenture, Ernst & Young (EY), and decacorn start-up Grab at C-Level roles.
During 20 years of consulting, Dat has worked with multiple companies across Canada, the USA, the Caribbean, and the Asia Pacific with CEO roles and leadership such as CEO for Accenture Vietnam, CEO of Grab Vietnam, and Partner of EY Consulting leading the technology practice (including Cybersecurity) in Indochina (Vietnam, Laos, Cambodia).
Dat is a tech entrepreneur, a co-founder, and a digital ecosystem builder. He is passionate about new and innovative technologies and is involved in multiple companies across verticals such as AI, Blockchain, Web3, Cybersecurity, InsurTech, and FinTech. Dat is currently a member of the ASIA CEO Club.
Dat earned the Executive Education at Harvard University, John F. Kennedy School, and received the Executive Certificate in Public Leadership in 2018.
Renato has 30 + years of experience as a trusted legal advisor and strategist. As an executive he has assisted numerous companies and their Boards of Directors to plot out and implement significant growth, diversification and reorganization plans in challenging circumstances. He was lead counsel on the sale of Zarlink Semiconductor’s $680 million dollar business as part of a takeover bid. At Zarlink he negotiated significant development, manufacturing, supply, distribution and IP licensing agreements with leading suppliers (eg Cisco, Nokia, Ericsson, Medtronic, Starkey, TSMC, Global Foundries, etc.). Renato has been involved in M&A, restructuring, financings and commercial contracts for dozens of companies. He also provides legal support in regards to intellectual property, securities, real estate leasing and employment law. He represents clients mostly in the SaaS, wireless, proptech, quantum, renewables, e-commerce, engineering and real estate conversion space.