As technology advances and the era of quantum computing approaches, blockchain faces a fundamental question: is its security infrastructure equipped to handle the computational power of tomorrow? To help us unpack this question, Kapil Dhiman, co-founder and CEO of Quranium, joins us with an ambitious vision—creating a quantum-secure infrastructure for blockchain. With over a decade of experience across consulting, technology, and entrepreneurship, Kapil’s story intertwines a commitment to innovation with an urgency to protect the digital assets of the future. In this interview, he shares his journey, his inspiration, and his roadmap for building a blockchain architecture that can withstand the challenges posed by the quantum era.
The Security Challenge: Why Blockchain Needs a Quantum Shield
Blockchain technology, praised for its transparency and security, has become an integral part of global finance and technology sectors. Yet, as Kapil explains, “The encryption that secures all these blockchains was invented in 1985, and it’s not enough anymore.” The traditional cryptographic methods used to secure blockchain transactions are no longer sufficient in a world where quantum computing can break through existing encryption protocols within seconds. This vulnerability not only affects individual transactions but also has implications for the entire digital economy, where more than a trillion dollars are expected to interact with blockchain by 2030, according to Boston Consulting Group.
A Vision Born from Introspection and Exploration
Kapil’s journey to founding Quranium was not a straightforward one. After years of building startups on the side while working in consulting, he reached a pivotal moment in 2022, questioning if his work aligned with his larger purpose. Taking a 12-month hiatus, Kapil embarked on a path of introspection, seeking a project that would make a lasting impact. “For the last decade, I’ve been working, just chasing one level after another,” he recalls. After locking himself in a room for a month of meditation and self-reflection, he set a goal to engage with “100 people much more intelligent than me” to explore new ideas. During this period of discovery, the convergence of quantum computing and blockchain piqued his interest. This realization eventually led to the creation of Quranium.
Breaking Down the Quantum-Resistant Blockchain Architecture
Quranium’s approach to securing blockchain networks involves a unique, multi-layered architecture designed to address both scalability and security issues. Each layer is engineered to tackle different aspects of blockchain’s limitations, providing an infrastructure that Kapil believes is built to last. “Imagine a Bitcoin which is now quantum secure and 10x faster,” he says, simplifying the vision for a broader audience.
Foundation Layer: Quantum-Proof Blockchain
At the base, Quranium uses a quantum-resistant proof-of-work blockchain. This foundational layer provides a secure environment for data finality, ensuring the integrity and permanence of data in a way that traditional blockchains cannot match. With this architecture, Quranium aims to secure digital assets against quantum attacks, a necessity for a future where digital threats become increasingly sophisticated.
Processing Layer: Block DAG for Speed and Scalability
The second layer implements a Block DAG (Directed Acyclic Graph) approach, designed to overcome the bottlenecks faced by conventional blockchain networks like Ethereum. Unlike typical blockchain protocols that process transactions in a linear fashion, DAG allows multiple blocks to be processed simultaneously, significantly enhancing the network’s speed and efficiency. This, as Kapil puts it, “solves the problem of networks choking up,” a common issue with blockchain platforms handling high volumes of transactions.
IoT-Optimized Layer: Machine-to-Machine Interaction
Recognizing the growing demand for machine-to-machine interactions, Quranium’s third layer is specifically designed to accommodate IoT devices. This lightweight layer supports secure data exchanges between devices, an essential feature as technologies like autonomous vehicles, robo-taxis, and intelligent appliances become mainstream. “For that, we have a dedicated layer which is much lighter,” Kapil notes, emphasizing its role in fostering secure and real-time interactions.
Launching the Test Net: Quranium’s First Big Step
For Kapil and his team, the upcoming launch of Quranium’s test net is a defining milestone. “On November 15, the world will have the first impression and a feel of what Quranium has been working on,” he shares with palpable excitement. The test net will provide users with the ability to download the Quranium wallet, transact, and even challenge the network’s security. “Try to attack us, try to crack us. It’s practically going to be not possible,” Kapil confidently asserts, standing by his team’s rigorous engineering efforts.
The test net launch is not just a technical showcase but also a moment of validation for the team, who has poured countless hours into making quantum security a reality. From Switzerland to Dubai, Quranium’s global team has set up legal and operational hubs in multiple regions, preparing for what they believe will be a game-changer in blockchain security.
Key Takeaways and the Road Ahead
Kapil’s journey and Quranium’s mission highlight the crucial need for blockchain to evolve alongside advancements in computational technology. The digital world, as we know it, depends on the security of the infrastructures we trust with our assets, data, and transactions. Quranium’s multi-layered approach promises a quantum-secure, scalable, and flexible solution to tackle these challenges head-on.
Quantum Security is Not Optional
With computational threats on the rise, the need for quantum-resistant security is not just another technological enhancement—it’s essential for the survival of the decentralized world. Kapil’s message is clear: “If we don’t do it, our digital infrastructure, the digital world that we rely heavily on today… is going to be shaken.”
A Future-Ready Blockchain Architecture
Quranium’s use of Block DAG technology and quantum-proof layers addresses both speed and security, aiming to make blockchain accessible and efficient for a wide range of applications, from finance to IoT.
A Test Net with a Challenge
On November 15, the launch of Quranium’s test net will allow users to experience and test this new infrastructure firsthand. It’s an invitation to explore, interact, and see quantum security in action.
A Call to Action
For those eager to witness the future of blockchain security, Quranium’s test net launch is just the beginning. Visit Quranium’s website on November 15 to download the wallet, test its capabilities, and stay informed about the latest developments in quantum-secure blockchain. Connect with Kapil Dhiman on LinkedIn for insights and updates, or follow Quranium on X and Telegram to join a growing community committed to redefining digital security in a quantum world.
As blockchain technology continues to advance, the stakes are higher than ever. With quantum security on the horizon, pioneers like Kapil Dhiman are paving the way for a future where our digital assets can thrive safely in a world of unprecedented computational power.
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