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The MYSTERY of Qanplatform's IBM partnership and the EU country that adopted their technology. A case study in overcoming doubts by focusing on the KNOWN rather than the UNKNOWN.

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by COINS NEWS 8 Views

Qanplatform has had 2 major announcements for a project that has yet to release its mainnet. These can all be found on their website.

The first was that an EU country had adopted its quantum resistant tech. The announcement came with this note:

"Note: For national security reasons, the name of the EU country described in this release cannot be disclosed, nor can specific details about the exact use case."

So, you can't verify it, so it's probably fake, right?

Well, the news also comes along with Patrick Storchenegger, who you can find on linked in following Qanplatform. He is an Ethereum foundation board member, a lawyer, and can be seen in the pictures of the announcement, plus in pictures from when Qanplatform launched its privatenet.

So, do we think he would allow his name to be associated with all of this if it was made up?

They then announced IBM partnership: "We are introducing QAN Q-Cluster, a tamper-proof and self-auditing system that utilizes AI for log anomaly detection and incorporates quantum-resistant blockchain technology for provable durability and persistence. "

Here again- they have a picture and news that landed on nasdaq articles.

But you can't dig anywhere to see a direct statement from IBM.

So, it's probably fake, right?

Well, just prior to the announcement, they attended JAM IBM Hungary where Johann was invited as a speaker, and all the attendees from the photo were present.

Do we think they were able to get a photo and then went on to create a major partner announcement plastered all over and IBM just looked the other way?

And then we see that they became 1 of 20 members in the Linux Post Quantum Cryptography foundation. 1 of 20 members next to IBM, AWS, NVIDIA, META, GOOGLE

The fun doesn't stop there- but those are the major ones.

Closed github? Yes, to protect key IP. But privatenet and public testnet are available to work with. This will become open source as they launch mainnet and have first mover advantage with their ecosystem.

Hacked? Yes, the token contract got hit (not the mainnet product). They went through a lot of pain and fully restored everyone. If they aren't legit, why not just spin up a new scam? Clearly only a determined team with tech that has a future would have pushed through to where they are now.

Quantum threat is 10 years away? The expectation to be prepared is less than 5. Governments and business are upgrading cryptography, and regardless of when the threat arrives, the expectation will be there. But, even without the quantum narrative, the team has a product that will reach untapped markets. They just won't have the upgrade mess facing 99% of chains in these coming years.

Team doesn't give a lot of updates on progress? Yes, and they don't seem too concerned about feeding retail hype on a weekly basis. A quiet confidence.

I've heard some investors look for friction- meaning what are the reasons they are potentially accumulating at a price not everyone else has already bought into. Well, if that's you, there is more than enough friction here. Cheers

submitted by /u/Original-Assistant-8
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