Threat of quantum computing hackathon to award $100,000
Monday, November 25, 2019
Communique Laboratory Inc. tackles quantum computing with a quantum hackathon.
Communique Laboratory Inc. launched its quantum hackathon tackling the threat of quantum computing. Cybersecurity companies, computer science students and hackers have begun challenging the Company’s ‘quantum-safe’ encryption in a $100,000 hackathon.
The Company hosted an innovation celebration event with technology presentations from industry experts in artificial intelligence and cybersecurity. Andrew Cheung, 01 Communique’s CEO, was one of the presenters addressing business people, students, and hackers on the threat quantum computers present with respect to keeping your data safe. He revealed the purpose behind the hackathon and why he is confident enough to offer a $100,000 prize.
Andrew Cheung enthusiastically described the hackathon challenge, “Our hackathon will show the world that our encryption is rock-solid. We are the only Canadian company and the first post-quantum encryption to offer a prize of $100,000. We have invested over three years in developing our IronCAP technology with a development team that has combined 50 years of experience in code-based encryption. We are very confident that our technology will withstand any attempt by any participant to crack the code in our hackathon.”
The Company expects contestants from around the world to challenge its quantum-safe encryption. The hackathon is available online globally. Anyone to who has a Google or Facebook account can sign up to participate. Contestants will be given 30 days to crack IronCAP’s code. A cash prize of $100,000 will be awarded to the first person (if there is any) who is able to break the encryption. A paper describing the method used to crack the encryption is required to be submitted by the participant.
Innovative people working in tech along with researchers, computer scientists, students, and hackers are encouraged to sign up for the hackathon. The contest closes on December 12, 2019. Results will be announced on or about December 16, 2019.
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