OzoneChain — The world’s first quantum-resistant blockchain with integrated technology
Introduction The progress in developing quantum computers has threatened the commonly used symmetric and asymmetric key cryptographic systems, which is used by all the existing blockchains. Quantum computers are capable of breaking many forms of traditional cryptography because of their inherent quantum properties such as superposition and entanglement, coupled with quantum algorithms, which take advantage of those properties and accelerate the cryptanalytic computation. This has motivated Ozone for the study and development of quantum security solutions like post-quantum cryptography and quantum random numbers applied to blockchain. Ozone chain is resistant against quantum as well as classical attacks and can be deployed in the existing network infrastructure. Ozone plans to focus on improving the blockchain security in two key areas: I. Post Quantum Cryptography (PQC): Ozone chain’s network layer involves the usage of quantum communication and quantum computation to perform various c...