Krown Technologies Announces Excalibur - World's First Quantum-Secured Crypto Cold Wallet Powered by Quantum eMotion

Rhea-AI Summary

Krown Technologies has unveiled Excalibur, the world's first quantum-secured crypto cold wallet powered by Quantum eMotion's (QNCCF) QRNG technology. The device, no larger than a thumb drive, integrates true quantum randomness to protect digital assets against advanced cyber threats, including quantum computing attacks.

The partnership involves a five-year, non-exclusive global license for Krown to integrate QeM's QRNG technology into blockchain applications, operating under a revenue-sharing model. The cold wallet prototype has demonstrated a 98% reduction in monetary loss risk compared to traditional cold wallets.

Key features include quantum-secured encryption, maximum security design, and universal compatibility for storing any digital asset. Krown Technologies is finalizing the Excalibur design, with prototype testing planned to begin once initial units are ready.

Positive

• Secured 5-year non-exclusive global license for QRNG technology integration
• Cold wallet prototype shows 98% reduction in monetary loss risk
• Revenue-sharing business model established with Krown Technologies

Negative

• Product still in development phase, not yet commercially available
• Non-exclusive license means technology could be licensed to competitors

Monroe, Louisiana and Montreal, Quebec--(Newsfile Corp. - February 20, 2025) - Krown Technologies LLC has officially unveiled Excalibur, the world's first quantum-secured crypto cold wallet, powered by Quantum eMotion Corporation's (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or the "Corporation") cutting-edge QRNG technology. This next-generation hardware wallet redefines digital asset security by integrating true quantum randomness, making it the most secure crypto wallet ever developed.

After months of collaboration and meticulous development planning, Excalibur is designed to safeguard digital assets against even the most advanced cyber threats, including those posed by quantum computing. With its sleek, compact form-no larger than a thumb drive-Excalibur delivers unbreakable cryptographic security to crypto holders worldwide.

As part of this partnership, Krown Technologies has secured a five-year, non-exclusive global license to integrate Quantum eMotion's proprietary QRNG technology into blockchain applications. Both companies will collaborate on the commercialization of Excalibur, operating under a revenue-sharing business model that aligns their mutual commitment to advancing secure digital asset storage.

"The future of digital asset security is quantum, and Krown is leading the way," said James Stephens, CEO of Krown Technologies. "Excalibur represents a fundamental shift in how crypto wallets are secured. With Quantum eMotion's QRNG technology at its core, this is the safest way to store and protect digital assets, period."

Why Excalibur is a Game-Changer

• Quantum-Secured Encryption - Powered by Quantum eMotion's QRNG technology, ensuring truly unpredictable private keys.

• Designed for Maximum Security - Built to withstand both current and future cybersecurity threats, including quantum computing attacks.

• Ultra-Compact & Universal Compatibility - No bigger than a thumb drive, Excalibur is designed for seamless, universal use, allowing holders to securely store any digital asset, not just Krown Coins.

• First-of-its-Kind Innovation - Establishing a new gold standard in cold storage security.

"This collaboration with Krown Technologies is revolutionizing quantum security in blockchain," said Dr. Francis Bellido, CEO of Quantum eMotion. "Our Cold Wallet prototype has demonstrated a reduction in monetary loss risk by up to 98% compared to traditional cold wallets. With Excalibur, we are not merely raising the bar-we are shaping the future of secure digital asset storage."

With crypto security becoming a top priority for investors and institutions, Excalibur provides an unprecedented level of protection. As the first quantum-secured cold wallet, it ensures that digital assets remain untouchable, no matter how powerful computing technology becomes.

Availability & Next Steps

Krown Technologies is actively finalizing the design of Excalibur, with prototype testing set to begin as soon as the first units are ready. Further details on launch and availability will be announced soon.

Join the Krown Community & ICO Pre-Sale

Krown Technologies is currently in the middle of its ICO Pre-Sale for Krown Coin, ahead of the official Krown Blockchain launch. Investors and crypto enthusiasts can participate in the Pre-Sale now to secure early access before the blockchain goes live.

Stay up to date with Krown's latest developments by following the company on X (formerly Twitter) at x.com/krownnetwork, visiting Krown.network, and joining the official Krown Telegram group at t.me/krownnetwork.

About Krown Technologies

Krown Technologies LLC is the world's first and most comprehensive quantum blockchain and ecosystem, designed to revolutionize the crypto industry through next-generation security, decentralized finance, and real-world applications. The Camelot ecosystem is the first to feature quantum-enhanced security at its core, setting a new standard for blockchain protection.

Website: krown.network
X (Twitter): @krownnetwork
LinkedIn: Krown Technologies

About Quantum eMotion

The Company's mission is to address the growing demand for affordable hardware and software security for connected devices. Thanks to its patented Quantum Random Number Generator, QeM has become a pioneering force in classical and quantum cybersecurity solutions. This security solution exploits quantum mechanics' built-in unpredictability and promises to provide enhanced protection for high-value assets and critical systems.

Website: quantumemotion.com
X (Twitter): @QuantumEmotion
LinkedIn: Quantum eMotion

For Media Inquiries & Partnerships

James Stephens
CEO, Krown Technologies
support@krown.network

Dr. Francis Bellido
CEO, Quantum eMotion
info@quantumemotion.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Corporation's periodic reports including the annual report or in the filings made by Quantum from time to time with securities regulatory authorities.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241603

FAQ

What is the expected release date for the Excalibur quantum-secured crypto wallet (QNCCF)?

The exact release date hasn't been announced. The company is currently finalizing the design and will begin prototype testing once the first units are ready.

How much more secure is the Excalibur wallet compared to traditional cold wallets?

According to the company, the Excalibur cold wallet prototype has demonstrated a 98% reduction in monetary loss risk compared to traditional cold wallets.

What types of digital assets can be stored in the Excalibur quantum wallet?

The Excalibur wallet is designed for universal compatibility, allowing users to securely store any type of digital asset, not just Krown Coins.

What is the duration of Quantum eMotion's (QNCCF) licensing agreement with Krown Technologies?

Krown Technologies has secured a five-year, non-exclusive global license to integrate Quantum eMotion's QRNG technology into blockchain applications.