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QMS Network

Layer-1 blockchain

Performances

RD Popularity Index

6500.00% (24h)
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Project Rank: 10311/12926

RD Growth Index

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Project Rank: --/12926

Comparison

About QMS Network

QMS Network (Quantum-Monetary System) is a Layer-1 blockchain purpose-built for the post-quantum era, with a consensus layer that is quantum-resistant from genesis because it does not rely on signatures, avoiding the exposure of traditional ECDSA to quantum computing. The network currently runs as a testnet (v0.1) and has published documentation and developer tooling.

Mechanically, QMS uses proof-of-useful-work: miners earn the block reward and, on top of it, additional payment for solving clients' real problems—such as logistics, portfolio optimization, and vehicle routing—with GPU or QPU hardware, while client fees flow to miners beyond block rewards. By combining client fees with mining, the protocol seeks to keep the network secure without leaning solely on token inflation. Its narrative positions it as a decentralized supercomputer that turns quantum hardware into miners paid to solve clients' problems.

Updated: Oct 30, 2026

QMS Network published its whitepaper and opened a public testnet in September 2026, betting on the post-quantum angle: consensus needs no public-key signatures, the miner network is built to host quantum hardware, and proof-of-useful-work points compute at paying clients' optimisation problems, with logistics, portfolio optimisation and vehicle routing on the target list. Testnet v0.1 solves only randomly generated problems and ships with QWAP, a decentralised exchange, as its ecosystem showcase; the difficulty algorithm, block rewards and finality layer are deferred, so this is still a skeleton.

QMS Network's v1 completes a feature-complete proof-of-useful-work consensus, a post-quantum finality layer and an EVM execution layer so the chain can hold real value. v2 adds the client job marketplace, where a back-end service converts client data into QUBO form and posts it for miners, who are rewarded for solution quality.

Updated: Oct 30, 2026

Co-founders & Core Executives:

  1. Christopher Portmann – Co-founder & CTO. Ph.D. in classical and quantum cryptography (Tokyo Institute of Technology); 15 years in academia (ETH Zürich, University of Geneva), then Senior Researcher at Concordium. Leads QMS's protocol architecture, post-quantum security, and Proof-of-Useful-Work consensus.

  2. Allan Brøndum Rasmussen – Lead Cryptography Engineer. M.Sc. in Mathematics (Aarhus University); 7 years at Systematic A/S, then Senior Systems Engineer at Concordium. Specializes in high-assurance Rust and cryptographic protocol implementation.

  3. Egeyar Özlen Saiu – Lead Protocol Engineer. 9+ years in distributed systems; core consensus engineering at DFINITY (Internet Computer), then Lit Protocol. Implements and hardens QMS's consensus and finality layers.

  4. Alessio Onori – Lead Site Reliability Engineer. 7+ years in production infrastructure; Swisscom Blockchain and Web3 Foundation. Manages node operations, observability, and incident response.

Updated: Sep 4, 2026