NEWPORT BEACH, CA – (July 20, 2021) – Crown Sterling recently launched the successful MainNet of the Crown Sovereign token (CSOV), the world’s first quantum-resistant digital asset. Crown Sterling’s successful MainNet launch represents a significant milestone for the future of digital assets with the emergent and growing risk of quantum computing in the digital age.
Citing Sarson Funds’ Digital Asset Investor Guide to Cryptography, the engineering of future-proof encryption solutions ensures the value protection of the crypto ecosystem and may represent the next great digital asset investment opportunity. Crown Sterling’s quantum-resistant digital asset looks to spearhead a broader shift toward a more secure and self-sovereign digital future in the wake of a recent global surge in major hacking incidents.
The Crown Sovereign token utilizes a new variation of the One-Time Pad, an encryption technique viewed by cryptography experts as the most reliable method of data security. Previously deemed infeasible for scalable use cases, Crown Sterling has successfully engineered the first viable utility for One-Time Pad encryption, coined CrownEncryptOTP.
While built on the framework of the Polkadot blockchain, CSOV operates independent of Polkadot’s consensus mechanism. At this time, CrownEncryptOTP has been successfully integrated into the Crown Sovereign blockchain, which will soon be upgraded to a Polkadot parachain. The MainNet launch sequence will be rolled out in three stages, beginning with private access, then permission-based, and finally for public use.
Crown Sterling assembled a team of fourteen world-renowned engineers and mathematicians to build CrownEncryptOTP. Using irrational numbers to enable shortened keys and gradient descent supervised machine-learning to ensure that no keys are ever used twice, CrownEncryptOTP represents the first practical use case of One-Time Pad technology.
Most cryptocurrencies employ an asymmetric encryption method, which is vulnerable to quantum hacking. This positions the Crown Sovereign token as one of the most reliable and resilient digital assets in the emerging world of quantum technology. Quantum-resistant encryption assures a future of coexistence for blockchain and quantum computing.
The Crown Sovereign token is native to the Crown Sovereign wallet, which enables token holders to use their encryption tokens to pay for quantum-resistant messaging and data transfer utilities. The wallet is now accessible as a search engine plugin, and will soon be released on Apple iOS and Android mobile devices.
Read Original Release from Sarson Funds here.
Crown Sterling is offering an extended presale of CSOV tokens. Additional information can be found at www.crownsterling.io.
About Crown Sterling Limited LLC
As a leader in Data Sovereignty and quantum-resistant encryption, Crown Sterling’s mission is to transform an era of unregulated data consolidation, monopolization, and monetization by Big Tech and empower individuals to claim, protect, and control their data.
Crown Sovereign (CSOV) utility token enables users to access the novel product suite, including quantum-resistant cryptography and NFTs, end-to-end encrypted messaging, and other future data compression technologies. With the CSOV token and ecosystem, users can also encrypt personal data, including geolocation and browsing history, and convert that data into NFTs with the option to monetize it on exchanges. Crown Sterling Chain is the world’s first Layer-1 blockchain to implement One-Time Pad’s quantum-resistant cryptography and empowers a self-sovereign ecosystem. The team will also launch a chain agnostic Layer-2 Security Oracle, providing post-quantum technology for web 3.0.As data has surpassed oil as the most valuable asset in the modern world, Crown Sterling looks forward to ushering in a new paradigm of Personal Data Sovereignty.