Disclaimer: This post was written when Quantum Xchange was focused on building and selling the first quantum network in the U.S.
We have since pivoted our business and product offering, with the invention of Phio Trusted Xchange (TX), a first-of-its-kind quantum-safe, out-of-band key delivery system. While our technology offering can support QKD deployments, we are not a quantum communications provider or reseller. Our quantum-safe key exchange supports quantum keys generated from any source(QRNG or QKD) protected by any method (all PQC key encapsulation algorithms).
In a recent article from DataCenter Knowledge, writer Maria Korolov explores how today’s encryption methods are close to the end of their lifespan. As quantum computers make their debut, they promise to make existing encryption obsolete.
In an interview with John Prisco, president, and CEO at Quantum Xchange, work is underway to create quantum-resistant encryption algorithms. Candidates are being reviewed by the National Institute of Standards and Technology and according to Prisco, it will take three to five years to sort out those that are the most resistant to quantum computing.
Prisco went on to say, the US needs to play catch up on the world stage. In a step in the right direction, President Trump signed the National Quantum Initiative Act which includes $1.2 billion for quantum research. In the recent deployment of the country’s first commercial Quantum Key Distribution or QKD network in New York City, Quantum Xchange has partnered with a communications infrastructure provider to deploy the same technology across a 500 mile stretch from Washington DC to Boston. With about a dozen companies with pilot projects in place, Prisco expects to have them operational in the first quarter of this year.
Get the full story: A New Type of Network Is on the Rise to Combat the Quantum Threat to Encryption
