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News

Ozone Chain – World’s 1st Quantum Resistant Blockchain

by Binary News NetworkOctober 15, 20220329

Singapore, 15th October 2022, ZEXPRWIRE, Ozone Chain Labs has launched its own Testnet and Block Explorer “Ozone Scan”.

Testnet Link: https://ozonechain.io/ozone-testnet/

Block Explorer Link: https://testnet.ozonescan.io/

Ozone Chain is the one and only Quantum Resistant Blockchain that has passed TUV Rheinland & NIST tests. The testnet is launched and audited by Cyberscope, a leading Audit firm.

Figure 1: Ozone Chain – World’s 1st Quantum Resistant Blockchain

The Quantum computing threats to Blockchain:

  1. Capabilities of a Quantum Computers
  2. Security holes in Blockchain
  3. Use of Pseudo Random Numbers (PRN)
  4. Risk of Quantum attack in mining
  5. Interception, decryption, and tamper of data communications
  6. Algorithms vulnerable to Quantum Computing

Ozone Chain – A future ready Quantum Blockchain:

Building resilience against future threats is key to ensure that vital parts of the blockchain and cryptocurrency economy keep thriving. The issue is that investments for protection from medium to long-term risks are somewhat natural to overlook or dismiss, given more pressing present issues, and the costs may not seem immediately justified. It often takes some bad incidents to incentivize the necessary proactive steps.

While blockchain technology prides itself in providing a trustless system upon which the economy of digital currencies and assets operate, the underlying security mechanisms still rely on classical cryptographical processes, thus necessitating a certain level of trust in them. Ozone chain has assimilated quantum mechanical properties into its system, thus removing the trustful component of the security subsystem in blockchain, with ambitions of migrating towards of a truly trustless blockchain.

About Ozone Chain:

Ozone Chain is the world’s 1st Quantum Resistant Blockchain that has integrated bleeding edge quantum security technologies in its design. Develop secure, scalable and user-friendly apps for mission critical domains.

Ozone Chain Testnet & Ozone Scan (Block Explorer) is live and running.

Testnet Link: https://ozonechain.io/ozone-testnet/

Block Explorer Link: https://testnet.ozonescan.io/

Ozone Wallet – Dapp will be launched in Play Store & App Store shortly.

Highlights:

Quantum Random Numbers (QRN) generated from laser source

Lattice-based Post Quantum Cryptography (PQC)

Quantum tech tested and certified by TUV

EVM compatible

Proof of Authority (POA) & QBFT

Block time – 5 Seconds

Deploy Smart Contracts & create D-apps

Governance by voting

Visit: https://ozonechain.io/

Social Mediums:

Telegram – https://t.me/ozonechainlabs

Twitter – https://twitter.com/Ozone_chain

Medium – https://medium.com/@Ozone_chain

GitHub – https://github.com/Ozone-chain

Media Contact:

Company – Ozone Chain Labs

Name – Naresh

E-Mail – [email protected]

Country – Singapore

The Post Ozone Chain – World’s 1st Quantum Resistant Blockchain appeared first on ZEX PR WIRE



Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

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