Arqit Quantum Inc. (“Arqit”), a leader in quantum encryption technology and Juniper Networks, a leader in secure, AI-driven networks, have signed a ‘Technology Alliance Partner Connect’ agreement to explore network security technology that will protect against quantum security threats.
By Thomas Poeppelmann and Martin Schlaeffer
Due to their special features, quantum computers have the disruptive potential to replace existing conventional computers in many applications. They could, for example, calculate simulations of complex molecules for the chemical and pharmaceutical industry, perform complicated optimizations for the automotive and aviation industry, or create new findings from the analysis of complex financial data. At the same time, quantum computers also raise a lot of security concerns, and while today they don’t have real world applications, their capabilities are expected to grow significantly over the next 10 years. According to Michele Mosca, there is only a 14% chance that RSA2048 will be broken by 2026, but that grows to 50% by 2031. The security community has taken notice and is already preparing for quantum attacks.
Bitcoin.com announced that it will be listing a quantum-resistant cryptocurrency, the Crown Sovereign, on the Bitcoin.com Exchange in late September. Protected with a next-generation approach to One-Time Pad encryption, the Crown Sovereign ensures the timeless protection and value of users’ sensitive data, even alongside the emergence of quantum technology. The launch is a significant achievement for Crown Sterling as it seeks to empower data sovereignty in the dawn of quantum computing with next-generation AI encryption products.
QuSecure, Inc. (QuSecure), has been named as 1 of the top 28 cybersecurity firms by CB Insights in their “Cyber Defenders 2021: The 28 companies defending businesses from next-gen cyber-attacks,” and Qusecure was chosen as one of only two companies for the prestigious Post-Quantum Cryptography category.
The Inter-American Development Bank and its innovation laboratory, IDB Lab, together with Cambridge Quantum (CQ) and Tecnológico de Monterrey have identified and resolved potential threats to blockchain networks posed by the advent of quantum computer development. In response to these threats, the project team developed a cryptographic layer that allows blockchain networks to protect themselves from this new generation of computing technologies.
Here’s How Quantum Computers Will Really Affect Cryptocurrencies Read More… + There’s been a lot of focus recently on encryption within the context of cryptocurrencies.
Qrypt Makes First Step Toward Widespread Quantum Secure Cryptography Through the Cloud NEW YORK–(BUSINESS WIRE)–Qrypt, a producer of cryptographic quantum security solutions enabled by Quantum
01 Communique partners with ixFintech and Polydigi Tech to augment ixWallet against mounting cyber security risks 01 Communique Laboratory Inc. (TSXV:ONE)(OTCQB:OONEF) (the “Company”) one of
Quantum Xchange Completes Integration with Cisco to Enable Quantum-Safe Networking Equipment with No Key Delivery Limitations Cisco Enterprise Routers Can Now Accept Quantum-Safe Encryption Keys Delivered to
…but they (as well as we) still think quantum computing sufficient to break codes are 10 to 20 years off. That timeframe gets one day
