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).
It’s no secret, the advantages of quantum computing are tremendous. In fact, some lawmakers agree and the U.S. House of Representatives unanimously approved The National Quantum Initiative Act in September of this year. In a piece by John Prisco, CEO of Quantum Xchange and Opinion Contributor for The Hill, the U.S. benefits if quantum science becomes a priority.
As the private sector works hard to close the gap, the government’s inaction creates a barrier to advancements that may let other countries take the lead in quantum advancements. For the U.S., the nation benefits if we lead the quantum computer race which could shape the future of our economy, our military and our national influence in the world.
While the current administration has been reluctant to fully fund research, the private sector steps up. Google and IBM lead the private sector race to develop quantum computers. Prisco goes on to explain there are defenses and security measures that protect data from hackers called Quantum Key Distribution (QKD), an instant measurement of photons upon reception of the key to see if the information was intercepted. Europe financial institutions use QKD, however, it is not yet common in the US.
Read Prisco’s full opinion piece: The United States needs a better quantum science as a national policy
