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Scope AI

Vancouver’s Scope AI Deploys Quantum-Resilient Data Security Technology

August 15, 2024 by Newsdesk

Following its acquisition of QSE Technology from Ovryde, Scope AI has launched the QSE Quantum Gateway, a module designed to provide quantum-resilient data security across global networks. This innovation from the Canadian company aims to bridge the privacy and latency gap between institutional clients and their cloud infrastructure, enhancing scalability and security.

“When we first envisioned the QSE Product Suite, our goal was to create something that would not only meet the needs of today’s businesses and their security expectations but also anticipate the challenges of tomorrow,” stated founder Sean Prescott. “Seeing it come to life on a global scale is incredibly fulfilling, and it strengthens our commitment to continue innovating and pushing boundaries for our customers.”

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Protecting Against Quantum Threats, Scope AI Bolsters Its Suite of Security Solutions

August 7, 2024 by Newsdesk

Scope AI, a Vancouver tech firm dedicated to advancing the field of artificial intelligence with a focus on visual recognition and neural network technology, has finalized its acquisition of QSE Technology from Ovryde Ltd., thereby fortifying its suite of quantum-resilient security solutions.

The $400,000 deal, plus 2.8 million shares, enhances Scope’s ability to protect digital assets against emerging threats. CEO James Young noted that the quantum cryptography market is projected to grow to $126 billion by 2033. This acquisition positions Scope AI at the forefront of digital security, Young believes, offering advanced encryption solutions to retail and institutional clients.

Want to know more? Check out the source code here.

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