Delivering a Much-Needed Shield to a Shaky and Vulnerable Crypto Space

Human beings are known for a myriad of different things, but most importantly, they are known for getting better on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the right goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.

SQE, a quantum-secure blockchain platform, has officially announced its launch, marking a significant moment due to the platform’s pledge towards reinventing the way people and businesses secure their information. Built on a relatively sustainable decentralized blockchain, the stated platform leverages a patent-pending Simulated Quantum Entanglement technology, which is well-equipped in regards to facilitating fully-encrypted and smooth communication between the validator nodes. Furthermore, the technology generates a new security key after every transmission, thus eliminating any need to hold vulnerable exchanges of the same over internet. However, this isn’t the only proprietary solution SQE has in its back pocket, as the platform also makes a point to use this bleeding-edge Proof of Entanglement technology. A big reason behind crypto transactions exhausting so much of those important resources talks to how it demands for extensive verification. Now, while conventional methods do the job here, they remain a largely inefficient option, and that’s the very problem SQE’s new-age Proof of Entanglement technology tries to address.

When asked about the rationale that birthed SQE, Hamid Pishdadian, CEO and co-founder of the company, responded by saying:

“Many of the cryptographic algorithms used to secure information today are vulnerable. It may only be five years before quantum computers are available that can break through these defenses. The technology behind SQE not only protects us from today’s threats, but those of tomorrow.”

Given how SQE has an in-house stock of technologies required to perform crypto transactions, it is even able to conceive a cost-efficient operation. Using QueCredit (QUEC), a semi-stable token that will appreciate in value over time, the cost for sending and receiving crypto on SQE is touted to be just $0.00002 per transaction. Hold, we are not done here, as these proprietary technologies also enable the platform to perform block finalization in less than one second.