Strategic Collaboration: BTQ Technologies and Macquarie University are working together to advance quantum computing and secure communications.
Research Goals: The partnership focuses on integrating quantum processing into communication protocols to enhance speed, security, and efficiency.
Industry-Academic Synergy: The collaboration includes Sydney Quantum Academy PhD students funded by CSIRO.
BTQ Technologies Corp. and Macquarie University have announced a strategic research partnership to enhance quantum algorithms and secure communications. This collaboration builds on their 2022 Quantum Proof-of-Work project, which reduced blockchain energy consumption by integrating quantum samplers.
The research contract, which began on June 1, 2024, is led by Dr. Gopikrishnan Muraleedharan and Professor Gavin Brennen of Macquarie University. Sydney Quantum Academy PhD students funded by CSIRO will also participate, gaining valuable industry experience through internships at BTQ.
The partnership aims to integrate quantum processing into communication protocols to enhance their efficiency, security, and energy usage. This project leverages BTQ’s expertise in post-quantum secure communications and Macquarie’s deep knowledge of quantum information theory.
"Collaborating with BTQ Technologies offers a unique opportunity to address the pressing security challenges posed by the advent of large-scale quantum computers."
— Professor Gavin Brennen, Macquarie University
PhD students involved in the partnership will gain practical experience in quantum technology applications. Professor Dan Johnson, Pro Vice-Chancellor at Macquarie University, noted that the collaboration strengthens their quantum computing capabilities while offering valuable industry exposure to students.
"We are thrilled to collaborate with Macquarie University, which has a renowned reputation in quantum research," said Nicolas Roussy Newton, COO of BTQ Technologies. "Together, we are poised to unlock new frontiers in secure communications and sustainable blockchain technologies through quantum computing innovations."