BTQ Applied sciences Corp. has introduced that on Friday, July 19, 2024, BTQ and ID Quantique (IDQ) signed a Memorandum of Understanding (MOU) for joint analysis, improvement and mutual cooperation to create an progressive authentication system combining Quantum Random Quantity Mills (QRNG) and Put up-Quantum Cryptography (PQC).
IDQ is an organization within the subject of quantum cryptography and was one of many firsts on the earth to commercialise quantum random quantity turbines. At the moment, it provides QRNGs to varied sectors, together with the Samsung Galaxy Quantum cellphone. Moreover quantum random quantity turbines, IDQ additionally showcases know-how in Quantum Key Distribution (QKD) and Superconducting Nanowire Single Photon Detectors (SNSPD).
BTQ, a Canadian-listed firm, developed the PQC quantum algorithm Preon, which was chosen in the latest spherical of the PQC standardisation course of by the U.S. Nationwide Institute of Requirements and Know-how (NIST) on July 27, 2023. Preon, based mostly on zk-SNARK, is a sturdy and environment friendly post-quantum signature scheme characterised by a small key dimension, quick key era, minimal assumptions and versatile performance. These options present robust resistance to potential threats from each classical and quantum computer systems.
Via this settlement, the 2 corporations anticipate to pioneer a brand new authentication system market based mostly on QRNG and PQC quantum applied sciences.
Concerning this settlement, IDQ Korea Common Supervisor, Sangyun Uhm acknowledged that IDQ has set the usual for next-generation safety within the post-quantum period by its QRNG know-how. He emphasised that by collaboration with BTQ, IDQ goals to develop even stronger authentication programs and produce innovation to the cybersecurity panorama.
Olivier Roussy Newton, the CEO of BTQ, mentioned, “Partnering with ID Quantique represents a big milestone for BTQ. By combining our experience in post-quantum cryptography with IDQ’s management in quantum random quantity era, we’re poised to create state-of-the-art authentication programs that deal with the safety challenges of each in the present day and tomorrow. This collaboration underscores our dedication to pioneering developments in cybersecurity and guaranteeing the robustness of mission-critical networks within the quantum period.”
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