Quantum eMotion to finalize its first product after resolving its supply chain bottleneck due to global chip shortage

(StreetSider) Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) today announced that it has finally obtained the key integrated circuits whose unavailability had threatened the timely delivery of its first product, a portable USB QRNG device
Francis Bellido, CEO of Quantum eMotion, commented, “We are extremely pleased to have found the FTDI chip we needed to complete the design of our first QRNG device. We have lost a few months due to the worldwide semi-conductor shortages and supply chain bottlenecks that have paralyzed so many industries, but now we feel confident that we can move forward and execute our ambitious business plan.”
“Our first product is a portable USB QRNG device that will generate pure randomness as the cornerstone of un-hackable encryption systems. We are planning to use this device to develop, in collaboration with institutional technology partners, breakthrough security solutions for blockchain applications. Block addresses are generated with random numbers and cryptographic hashing algorithms. They are key to the trust of the blockchain. Any weakness in the randomness used could be exploited by an attacker to predict things and breach the system.”
Francis Bellido added, “Cybersecurity has become a central focus for headline news as hacks and ransomware attacks continue to proliferate globally. It is time for a QRNG imperative-a quantum-based solution that prevents a hack at source. We are diligently working on getting a product to market that is both scalable and cost effective.”