EU Invests $13M in Quantum Cryptography for Secure Communications
The European Union is pouring $13 million into developing a secure communications system using quantum cryptography, a cutting-edge field in computer security. This investment, part of the SECOQC project, aims to harness the principles of quantum physics to protect data transmission.
Quantum cryptography, a rapidly growing area, centres around the BB84 protocol, created by Charles H. Bennett and Gilles Brassard in 1984. This protocol uses a quantum channel for secure key distribution. Companies like MagiQ Innovations and ID Quantique are already implementing these solutions.
However, the field faces hurdles. Practical implementation is complex, and the risk of quantum hacking is a concern. Standardisation is also crucial for widespread adoption.
The EU's investment in SECOQC signals a commitment to exploring quantum cryptography's potential. Despite challenges, the field's progress could revolutionise secure communication, making data breaches a thing of the past.
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