Quantum computing Inc. secures large order from Top-Bank for cyber security!

Quantum computing Inc. secures large order from Top-Bank for cyber security!

The world of technology develops rapidly, and the topic of quantum communication is in the heart of this evolution. Quantum Computing Inc. (QCI) recently took a big step by securing an order from one of the five largest banks in the USA. This order has a value of around $ 332,000 and represents the first commercial sale of QCI’s quantum security solutions in the USA. How like [Ariva] (https://www.ariva.de/aktien/quantum-computing-inc-aktie/news/quantum-computing-inces-purz- order-order-to-5-9716520), this deal is a significant progress for the company that specializes in integrated photonics and quantum optics technologies has.

What exactly does QCI do? The company's quantum communication systems generate, distribute and detect, interrupted photons on telecommunications wavelengths. These systems can be compact and rack-assembled and easy to integrate into existing Telekom infrastructures. They also use time-frequency gradients for stability and robustness, which makes them an interesting solution for banks and other institutions that value the highest security standards. The systems are modularly designed and enable scalable provision via existing fiber optic networks.

innovative quantum solutions in the financial sector

The order not only includes the delivery of hardware, but also professional services and extended guarantee covers. The systems are used in the bank of the bank in the Cybersecurity Quantum Optics Lab. There, a safe, airtight quantum security test bed is set up to research quantum security technologies such as the quantum key distribution (QKD), quantum authentication and the quasured random number generation (QRNG). [Yahoo finance] (https://finance.yahoo.com/news/quantum-computing-inc-secures-purz-123000463.html? Yong Meng Sua, the importance of quantum principles for the safety of communication systems.

The test bed is intended to help the banks comprehensively understand quantum solutions and integrate them into their existing security infrastructures. At a time when cyber attacks and data leaks are becoming more and more common, this can be crucial.

challenges and solutions of quantum computing technology

But what does that mean for cybersecurity in general? Quantum computing brings with it both challenges and solutions. The conventional encryption protocols, such as RSA and ECC, are increasingly susceptible to attacks by quanta algorithms, according to the report by deep threat analytics. In particular, the famous Shor-Algorithm could crack widespread cryptographic systems in the near future.

The presence of over 75 billion IoT devices by 2025 also makes network security more difficult. In this context, the quantum key distribution becomes increasingly relevant because it enables safe communication channels to create Eaves dropping. Financial institutions and government agencies are already experimenting with QKD to raise their security standards to the next level.