Arqit (AQT)

Eco‑System on an Open Source Blockchain

Review Score
1.80/5
ICO Price
0.004545 USD
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
N/A
Start Date
N/A
End Date
N/A

What is Arqit?

Our global society has been rocked by financial and political crisis, and now the blockchain systems that offer us the chance to re‑order society for mutual good are threatened by quantum attack.

The ArQit blockchain uses an open source enterprise ledger that is built to create quantum resistant distributed autonomous organisations for businesses and communities.

This ledger and quantum key distribution technology is the result of 3 years of development by a partnership of open source developer community combined with corporate and scientific organizations worldwide.

Together we can bring all aspects of distributed ledger technologies to the safety of quantum security.

The keys that the World uses today are mainly the Public Private Key system. This form of key distribution will get hacked by Quantum Computers, which are around the corner.

ArQit is fixing the key problem by using Quantum Key Distribution. This uses the quantum properties of photons to create unique keys that can be shared between two parties in laser transmissions from a satellite. This is unhackable. These keys are embedded into the ArQit blockchain at Nodes, and also used to create shared secrets that can be used to safely onboard new users to the system.

But the World also needs to improve the lockbox. Many people, helpfully, are working on new algorithms, ArQit needs to partner with them and will fund new research into these techniques to create a truly collaborative community solution to the quantum threat.

Information displayed on CoinCheckup can be updated by the respective ICOs and/or Crypto representatives and does not present the opinion of CoinCheckup.com and/or the CoinCheckup team.

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.