Quantum Resistant Ledger (QRL)

Quantum Resistant Ledger (QRL) is a blockchain-based network that utilises post-quantum secure digital signatures, allowing users to securely store and transfer their cryptocurrency tokens across the network without worrying about quantum computing attacks. The network was founded by Dr. Peter Waterland and Matthew Cannon to help protect individuals, organisations and governments against the threat of quantum computing. What makes QRL unique is that it uses “DigiShield” technology, which is a specialised form of ‘Proof of Stake’ (POS) algorithm. This effectively creates a system where miners can earn rewards for verifying transactions on the network, as well as providing a higher level of security than found on many other blockchains. The network also uses “cryptographically strong” addresses with a combination of both public and private keys, ensuring that the addresses are not vulnerable to quantum computing attacks. QRL is designed to be used across multiple industries and sectors. For example, it is already being used for secure and private financial transactions, for healthcare data storage and for secure communication. It is also being used by governments and organisations as a secure platform for data storage, communication and transactions. QRL is available to be bought and sold on a number of exchanges, including YoBit and Upbit. As of July 2019, the QRL token is priced around $0.03 and has a market cap of approximately $14 million. So overall, QRL is a unique blockchain-based network that utilises post-quantum secure digital signatures and a specialised form of ‘Proof of Stake’ algorithm. This, combined with the cryptographically strong addresses, makes it a secure platform for users to transact and store their cryptocurrency tokens, as well as for organisations and governments to store and securely communicate their data. It is available to be bought and sold on several exchanges at the current market price of around $0.03.