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SEATTLE, Jan. 15, 2025 /PRNewswire/ — Spectral Capital Corporation (OTCQB: FCCN) has recently announced the filing of a pivotal patent focused on enhancing security in the realm of quantum cybersecurity.
Sean Michael Brehm, the chairman of Spectral, emphasized the urgency of addressing the challenges posed by quantum computing in the field of cybersecurity. He noted that the advancements in quantum technology significantly increase vulnerabilities, particularly regarding RSA encryption, which serves as a cornerstone for contemporary data security systems. “Our solution aims to safeguard RSA encryption against quantum threats,” Brehm stated, affirming the company’s commitment to maintaining data integrity in this new technological landscape.
The importance of the patent becomes more evident considering the acquisition of innovations during the Vogon Cloud purchase, where the protection of RSA encryption from potential quantum hacking was highlighted as critical. Research from Allied Market Research indicates that the RSA encryption market holds a substantial portion of the global hardware encryption sector, potentially representing around 50% of the estimated $1.2 trillion market anticipated by 2031. Jenifer Osterwalder, CEO of Spectral, expressed pride in contributing to the protection of such a significant market even as newer encryption technologies are developed, like their own unhackable distributed quantum ledger database technology.
Spectral Capital is actively building a diverse portfolio of patents and trade secrets aimed at meeting the rising demand for hybrid computing systems. These systems combine traditional classical computing with emerging quantum technologies as they become commercially available. The company has set ambitious targets, including the filing of over 500 patents by the end of 2025, to create a vast intellectual property portfolio that supports the burgeoning field of hybrid and quantum computing.
About Spectral Capital
Spectral Capital (OTCQB: FCCN) stands at the forefront of quantum technology innovation. The company’s initiatives focus on sustainable green cloud computing, quantum databases, and advanced quantum chip technologies, which are set to transform sectors including telecommunications, artificial intelligence, and green technology. With innovative solutions like the Vogon Cloud and Vogon DQLDB, Spectral is at the helm of creating decentralized, secure, and scalable computing environments.
Forward-Looking Statements
This announcement includes forward-looking statements as defined in the Securities Act of 1933 and the Securities Exchange Act of 1934, discussing future events and expectations for FCCN’s growth and strategy. Terms such as “expects,” “will,” “intends,” “plans,” and similar expressions indicate forward-looking statements. While FCCN believes these assessments are reasonable, they are subject to uncertainties and risks beyond its control. Actual outcomes may vary significantly from those anticipated. Factors impacting these results include market dynamics, competition, international operations, and other variables outlined in FCCN’s SEC filings. The company does not undertake to update or revise any forward-looking statements as circumstances change.
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