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Scope Technologies Corp
Symbol SCPE
Shares Issued 50,700,001
Close 2024-10-23 C$ 1.40
Market Cap C$ 70,980,001
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Scope releases cloud storage subscription model

2024-10-23 18:01 ET - News Release

Mr. James Young reports

SCOPE TECHNOLOGIES LAUNCHES SUBSCRIPTION MODEL FOR ROUND-TRIP ENCRYPTED, QUANTUM-RESILIENT CLOUD STORAGE FOR INDIVIDUALS AND SMALL BUSINESSES

Scope Technologies Corp. has officially launched its subscription model, now offering individuals and small businesses full access to its industry-leading round-trip encrypted and quantum-resilient decentralized cloud storage solutions.

This launch builds on Scope's commitment to providing top-tier, next-generation data security. With the QSE (quantum security entropy) platform, individuals and small businesses can leverage the same advanced encryption and decentralized storage infrastructure that Scope delivers to mid-sized and enterprise clients, ensuring their data remain safe from current and future cyber threats. The platform is designed for seamless scalability, allowing users to expand their storage and security needs as they grow, without compromising performance or protection. Additionally, QSE's efficiency-driven model ensures competitive pricing, reflecting its ability to deliver premium security solutions with exceptional value.

A new era of data security for individuals and small businesses

Following the successful completion of platform updates and closed-group testing, individuals and small business users have access to QSE's cloud storage services, featuring:

  • Quantum-proof encryption: utilizing quantum entropy to generate encryption keys that remain unbreakable, even by future quantum computing power;
  • Immutable, decentralized storage: a decentralized infrastructure ensures data are protected from ransomware, overencryption or tampering, offering a significant advantage over traditional cloud backups;
  • Seamless integration: easy-to-use APIs allow for quick set-up and smooth integration with existing data systems, providing flexibility and scalability;
  • Accessible pricing plans: tiered subscription options make enterprise-grade security affordable and accessible for both individuals and small businesses.

"Data protection should not be a luxury," said Sean Prescott, founder and chief technology officer of Scope. "With this launch, we're making the same round-trip, quantum-resistant encryption and decentralized storage vaults available to individuals and small businesses that we already provide to mid-sized and enterprise corporations. Now everyone can protect their data from today's risks and the future challenges posed by quantum computing."

Subscription options and availability

The new subscription model offers flexible pricing based on storage needs, with options for additional services, such as enhanced entropy calls for stronger encryption. Users can scale their storage as demands grow while maintaining the highest available level of data security.

About Scope Technologies Corp.

Scope, headquartered in Vancouver, B.C., is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands --QSE and GEM AI -- Scope provides advanced solutions in quantum encryption and neural networks, empowering businesses and individuals with secure, scalable technologies that drive growth and operational efficiency.

We seek Safe Harbor.

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