(QRC) announced today that Conteon Inc will work together to secure financial transactions and tokenization. Conteon’s hybrid architecture and QRC’s advanced encryption algorithms protect against interception or tampering in user financial transactions.
Conteon’s Ukrainian founders invented the Emitter, which acts as a bridge between DeFi infrastructure and traditional Fintech infrastructure. Conteon allows users secure interaction with payment or critical infrastructure via QR, Bluetooth and NFC. Passwords and active biometrics are not required. The Emitter API allows for tokenization and/or the sale of assets in crypto and classic currencies. It also creates user-scoring certificates for tokenization and operational tokens that can be used to interact with traditional financial instruments.
“QRC’s quantum-resistant encryption algorithms dramatically improve the security of Conteon, storing sensitive information on blockchain and transferring data via open 5G+ and orbit intercommunication methods such as StarLink. This could be used to create software solutions for the Conteon Emitter,” Yurii Chudinov (Co-Founder and CTO) of Conteon Inc.
“Conteon has built a bridge between DeFi infrastructure and traditional Fintech infrastructure. Their Emitter removes passwords and active biometrics, and allows users to interact with payment and critical infrastructure via interactive algorithmic-hardware security using QR codes and Bluetooth. We are proud to be a partner with Conteon in making their innovative cryptographic solution the most secure and safest today and in a future-quantum world.
The companies will collaborate to improve and develop solutions for quantum-safe infrastructure, practices and extensions to NIST frameworks. This will provide clients with benefits and a secure operating environment.
Quantum Resistant Cryptography, (QRC)
QRC offers simple, reliable and forward-thinking solutions. They are energy-efficient, quantum-resistant, and 5G/6G+ compliant. This allows for future-proof communications, financial transactions and private data protection. The only recommendation of the United Nations International Telecom Union is QRC’s unique quantum-safe technology for 5G systems. QRC can be run on existing server infrastructure with low CAPEX. Additional post-quantum evolutions, including ransomware and custom cyber protection options, are also available.
About Conteon Inc
Conteon Inc. is a crypto fintech company that provides infrastructure for P2P transactions and payments by fiat or cryptocurrency. Conteon has created a unique hardware product – the Conteon emitter. It is patent-pending technology that performs hardware multisignature for retail transactions as well as tokenization of user assets. The Conteon Emitter also includes unique algorithms that provide input data-based encryption algorithm generators.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
