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NEO Global Development (NGD) has announced partnership with a non-profit blockchain startup Arqit, to develop a quantum resistant system.

The announcement states:

“NEO Global Development is officially announcing a partnership with Arqit on quantum resistance research with a shared vision of facilitating blockchain industry development.”

It’s widely believed that quantum computers will have a significant impact not only on scientific industry, but blockchain as well. In addition, the announcement states that quantum technologies are able to solve“the integer factorization problem and the elliptic curve discrete logarithm.”

Earlier in October, NEO launched its own domain service The NEO Name Service.

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