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Calgary, Alberta / January 2, 2025 – TheNewswire - Impact Analytics Inc. (“Credissential” or the “Company”) (CSE: WHIP), a vertically integrated AI software development company is proud to announce an intended strategic initiative to integrate advanced quantum security measures into its technologies. The Company intends on leveraging Quantum Random Number Generators (“QRNGs”) from leading providers, including Quantum Blockchains, Quantum Computing Inc. and opensource projects from the Quantum Random Numbers program at the Australian National University.
Credissential’s Antenna technology, a secure platform for seamless digital transactions, and the Identity Lock Box, a fortified digital vault for storing and managing sensitive credentials, is intended to be developed to feature a quantum-secured encryption protocol. By incorporating quantum-generated protocols into cryptographic processes, these technologies are redefining security standards for digital identity management and secure communication.
“The digital landscape is evolving rapidly, and so are the threats that come with it,” said Colin Frost, CEO of Credissential. “By integrating quantum security, we’re working to future-proof our technologies and also set a new standard for protecting sensitive data and transactions against both classical and emerging quantum threats.”
Applications and Benefits
The integration of quantum security into Credissential’s technologies will enable:
Future-Proof Identity Protection The Identity Lock Box is intended to be developed to incorporate quantum-generated protocols to secure credentials, safeguarding users against evolving threats, including those posed by quantum computing.
Quantum-Enhanced Transaction Security Antenna’s transaction ecosystem is expected to integrate QRNGs to ensure that encryption keys are truly random and impervious to both classical and quantum attacks.
Cross-Industry Applications These advancements are expected to benefit industries with stringent security needs, such as auto lending, finance, healthcare, and government, ensuring compliance with regulatory standards and robust protection for sensitive data.
Next Steps and Updates
Credissential is working to collaborate with quantum technology leaders to refine and integrate these integrations. Updates on the development and implementation timeline will be shared in the coming months. This initiative underscores Credissential’s commitment to delivering future-proof, quantum-resilient solutions that empower clients across industries.
About Credissential
Credissential is an AI powered financial services software developer, currently focused on the development and commercialization of its flagship product, Credissential and Dealerflow.
For more information about Credissential and other products from Credissential, visit www.credissential.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Executive Officer Colin Frost
Head Office 2004 Sherwood Drive Sherwood Park, AB T8A 0Z1
Telephone +1 (236) 513 4776
Email [email protected]
The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
Forward-Looking Information
Certain information in this news release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking information. When used in this news release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this news release. Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.
Forward-looking statements in this news release include, but are not limited to, the expected results from the integration of QRNGs, the development roadmap for Credissential, including the Identity Lock Box and Antenna platforms, the expected features of the Credissential product suite, and the future plans of the Company, business plans, objectives and strategy. Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.
Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Corporation’s Management Discussion and Analysis, which can be found on SEDAR+ at www.sedarplus.ca.
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