Credissential Planned Integration of Post-Quantum Cryptography Tools Into Antenna Platform

Credissential Inc.

Calgary, Alberta / TheNewswire / January 7, 2024 – Credissential Inc. (“Credissential” or the “Company”) (CSE: WHIP) (OCT: IPTNF) (FSE: 9YZ), a vertically integrated AI software development company, is pleased to announce the Company intends to commence a quantum-resistant security implementation initiative via the integration of Post-Quantum Cryptography (“PQC”) into its Antenna platform.

 

Quantum computing has long been seen as a promising frontier of technology alongside of artificial intelligence, largely due to the potential for it to solve highly technical and complex problems that are essential for making breakthroughs in multiple verticals,” said Colin Frost, CEO of Credissential. “By adopting post-quantum cryptography, we’re not only protecting our clients’ data but also demonstrating our commitment to staying at the forefront of security innovation.”

 

Antenna is a secure payment and file transfer platform focused on privacy and security. Its secure payment platform ensures that every transaction is encrypted from end-to-end with the objective of mitigating fraud and other cybersecurity risks associated with electronically sending/receiving monies and other secure transmissions. The Antenna platform is fully commercialized and allows users to send unique QR codes to transfer files in exchange for fiat currency, ensuring files are inaccessible and fully encrypted until payment is complete.

 

Antenna’s planned quantum integration (the “Quantum Initiatives”) is expected to utilize open-source libraries, including liboqs from the Open Quantum Safe project and oqs-openssl, which is anticipated to provide access to NIST-recommended PQC algorithms such as Kyber and Dilithium. These algorithms have been designed by their developers to resist attacks from both classical and quantum computers, making them ideal for safeguarding Antenna’s user data. The planned Quantum Initiatives aim to future-proof the platform’s security against emerging quantum computing threats, ensuring protection for digital transactions and sensitive data.

 

Credissential’s planned integration of PQC into its product stack reflects its commitment to innovation and the protection of its clients’ data. Updates on the progress of the integration and development will be shared periodically, with the full deployment of the Quantum Initiatives expected to be complete over the next 12 months. The planned integration of PQC into Antenna sets the stage for a broader quantum-resilient security framework across Credissential’s product suite. Potential applications include:

 

  • Quantum-Safe Digital Identity Management: Enhancing the security of the Identity Lock Box with quantum-resistant cryptography. 

  • Cross-Industry Solutions: Expanding the platform’s reach to industries with stringent security requirements, such as healthcare, finance, and government. 

 

Post-Quantum Cryptography refers to cryptographic algorithms designed to withstand attacks from quantum computers. By utilizing algorithms such as Kyber and Dilithium, Kyber is a quantum-resistant key encapsulation mechanism designed to secure key exchanges by using lattice-based cryptography, ensuring robust protection against both classical and quantum attacks. Dilithium is a quantum-safe digital signature algorithm that provides fast, efficient, and secure authentication, making it ideal for verifying identities and safeguarding communications in a post-quantum world.

 

Planned Implementation Timeline

 

The integration process will be carried out in phases to ensure a seamless transition and minimal disruption for users:

 

  1. Assessment and Planning (approx. 3 Months) 

    • Evaluate the existing system architecture of Antenna to asses compatibility and potential integration barriers with PQC algorithms. 

    • Identify critical areas for cryptographic upgrades, including key exchanges, digital signatures, and data encryption. 

  2. Development and Integration (approx. 6 Months) 

    • Deploy open-source libraries such as liboqs and oqs-openssl into the platform’s architecture. 

    • Replace traditional algorithms like RSA and ECC with PQC algorithms like Kyber (for key exchanges) and Dilithium (for digital signatures). 

  3. Testing and Validation (approx. 3 Months) 

    • Conduct testing to validate the functionality and performance of the integrated algorithms. 

    • Perform penetration testing and security audits to ensure resistance against quantum-level attacks. 

  4. Deployment and Monitoring (ongoing) 

    • Roll out the updated security measures across the Antenna platform. 

    • Continuously monitor and update the implementation to incorporate the latest advancements in post-quantum cryptography. 

 

As noted herein, the Company intends on integrating PQC into the Antenna platform and the Credissential product stack. As of the date hereof, the Company has not integrated PQC or other quantum security initiatives into Antenna or the Credissential product stack. The Company will provide further updates on the planned integration of the Quantum Initiatives described herein. There is no guarantee that the Company will successfully integrate PQC or other Quantum Initiatives into Antenna or the Credissential product stack.

 

Restricted Share Unit Issuance

 

The Company also announces the issuance of 7,000,000 Restricted Share Units (“RSUs“) of the Company to certain consultants pursuant to its RSU Plan adopted by the shareholders on February 23, 2024. The RSUs will vest immediately and are subject to a four month and one day hold period.

 

About Credissential

 

Credissential is an AI powered financial services software developer, currently focused on the development and commercialization of its flagship products, Credissential, Dealerflow and Antenna.

For more information about Credissential and other products from Credissential, visit www.credissential.com.

ON BEHALF OF THE BOARD OF DIRECTORS

 

Chief Executive Officer                Colin Frost

Head Office                         2004 Sherwood Drive Sherwood Park, AB T8A 0Z1

Telephone                         +1 (236) 513 4776

Email                                 [email protected]  

 

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

 

Forward-Looking Information

 

Certain information in this news release may constitute “forward-looking” information that involves known and unknown ‎risks, uncertainties, future expectations and other factors which may cause the actual results, performance or ‎achievements of the Company or industry results, to be materially different from any future results, performance or ‎achievements expressed or implied by such forward looking information. When used in this news release, this ‎information may include words such as “anticipate”, “estimate”, “may”, “will”, “expect”, “believe”, “plan” and other ‎terminology. This information reflects current expectations regarding future events and operating performance and ‎speaks only as of the date of this news release.‎ Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.

 

Forward-looking statements in this news release include, but are not limited to, the Quantum Initiatives, the development roadmap and implementation of the Quantum Initiatives, the expected features of Antenna and the Quantum Initiatives, and the future plans of the Company, business plans, objectives and strategy. Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.

 

Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Corporation’s Management Discussion and Analysis, which can be found on SEDAR+ at www.sedarplus.ca.

Copyright (c) 2025 TheNewswire – All rights reserved.

Leave a comment

Free newsletter for stock pics, interview transcripts & investing ideas