The Quantum Resistance Corporation and RedSense Announce Partnership; Begin Program to Help Digital Currencies Manage the Rapidly Growing Risk of Post-Quantum Cryptography

Bitcoin Doomsday: QRC and RedSense help cryptocurrencies manage the imminent threat of quantum computing advancements.

The Quantum Resistance Corporation (QRC), post-quantum security experts, today announced a strategic partnership with RedSense, a leading threat intelligence and cybersecurity firm. RedSense will provide network security and management services for the QRC, and together RedSense and QRC will provide security for cryptocurrencies, as well as developers utilizing the Quantum Resistant Ledger (QRL) post-quantum secure blockchain to develop future-proof solutions.

In particular, this partnership will result in a unique security program and market offering that leverages the combined expertise of RedSense and the QRC to help cryptocurrencies respond to the rapidly advancing threat of quantum computing.

“The web3 space is often the site of lax security as projects, platforms and technology are often built without concern for traditional computer security processes and review. Without having a centralized authority to dictate policy, only a sufficiently advanced intelligence program such as what RedSense and the QRC provide, can provide some assurance to participants in an ecosystem that the sites and services they use have any degree of consistent security,” said Craig Clement of the QRL Community. “RedSense and the QRC are building a program that we will extend to the market to help secure all digital currency projects and reduce attacks.”

Popular cryptocurrencies such as Bitcoin, Ethereum and Solana are hacked on an almost weekly basis, inflicting significant financial losses on users and further damaging the mainstream perception of cryptocurrency. In 2022, more than $3.8 billion worth of digital coins were stolen from digital ass

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Author: Adrian Barkley

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