By using QuantiCor’s “Quantum blockchain for IoT” solution, all parties communicating through the Internet of Things are connected through the blockchain as a trusted entity. One of the key features of the block chain is that it acts as a registry that keeps a transparent record of all transactions by any member of the consortium.
On this basis, the instance of trust is eliminated, because the information of the consortium is located on all computers, connected with the block chain.
By continuing to use smart contracting, machines, sensors and applications can be securely networked with QuantiCor’s blockchain. In this way, a secure and trustworthy exchange of information can be initiated.
Since the block chain usually contains highly sensitive information, QuantiCor goes a step further and secures all communications in a quantum safe manner, so that they are also protected against attacks, such as those of a quantum computer.