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SEALSQ Quantum-Resistant Technology Tackles Potential Bitcoin’s Quantum Vulnerabilities

GlobeNewswire LogoGlobeNewswire12h ago

SEALSQ Quantum-Resistant Technology Tackles Potential Bitcoin’s Quantum Vulnerabilities - GlobeNewswire

Quick Summary:

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ’s ability to implement its growth strategies; SEALSQ’s ability to successfully launch post-quantum semiconductor technology; SEALSQ’s ability to capture a share of the quantum semiconductor market; the growth of the quantum computing market; SEALSQ’s ability to expand its U.S.operations; SEALSQ’s ability to make additional investments towards the development of a new generation of quantum-ready semiconductors; SEALSQ’s ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the quantum computing market; and the risks discussed in SEALSQ’s filings with the SEC.

Geneva, Switzerland , Dec.23, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that it is at the forefront of developing innovative solutions to address the challenges posed by quantum computing.

Long-Term Resilience of BitcoinEven if all vulnerable Bitcoins are secured, blockchain systems remain at risk during transactions: Public keys are revealed when funds are transferred, creating a window for attackers with quantum computers to derive private keys and initiate competing transactions.

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Article Details

Author / Journalist: SEAL Semiconductors

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 13:30:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 684 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24597840

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 23 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 9 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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