IG, If you look at the video that is stickied, you will have a chance to read Mick's replies. He gave multiple suggestions on what you can google to get an idea of the algo they use.
I know people here want to say it can secure everything, but this is really for communication between devices. What makes it revolutionary is the fact that there is no server in the middle to communicate with and the key exchange is using some proprietary algo that fades over time so even if you captured a snippit, the locks would keep changing and it would hit a timeout so even if your machine was fast enough to break all the locks, it wouldn't be fast enough to do it in the amount of time the data was live. I gathered that just from the wikipedia entries on the ciphers that Mick directed me to so I could get a grasp of what is going on as I myself have not seen it in action and as I told him "if you really have what you are telling me, then this changes everything".