Quantum Resistant Ledger

company

About

The Quantum Resistant Ledger (QRL) is a first blockchain of its kind – a future-proof post quantum value store.

Details

Last Funding Type
Angel
Last Funding Money Raised
$2M
Industries
Blockchain,Quantum Computing
Founded date
Jan 1, 2017
Number Of Employee
1 - 10
Operating Status
Active

The Quantum Resistant Ledger (QRL) is a first blockchain of its kind – a future-proof post quantum value store and decentralized communication layer which tackles the threat Quantum Computing will pose to cryptocurrencies in the coming years. This is backed by a provably secure, peer-reviewed signature scheme that utilizes Winternitz OTS signatures deployed in an Extended Merkle Signature Scheme (XMSS). QRL launched the world’s first blockchain that utilizes fully quantum resistant signatures, across all addresses, from the very first block onward. Based on the understanding that popular means of current encryption (such as ECDSA) in the cryptocurrency space are vulnerable to a sufficiently powerful quantum computer running Shor’s algorithm, QRL is addressing what will be a singular threat to the security of cryptocurrency going forward – the inevitability of quantum computing.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2M
Quantum Resistant Ledger has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on Jan 1, 2017 from a Angel round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 1, 2017 Angel $2M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Quantum Resistant Ledger is funded by 1 investors. Elizabeth Hunker are the most recent investors.
Investor Name Lead Investor Funding Round
Elizabeth Hunker Angel

Employee Profiles

Number of Employee Profiles
3
Quantum Resistant Ledger has 3 current employee profiles, including Executive Peter Waterland
Executive
Employee