We’re flying through the 2nd year of the quantum decade, and so again it is time for our quarterly Quantum review. This edition covers the industry's supremacy, recent improvements, and updates on funding.
The global market for quantum cryptography is projected to triple in the next five years, with some estimates placing the market value at over $5billion by 2026. This rapid growth is driven, primarily, by the expanding threat landscape.
OPENQKD is a collaborative European project designed to showcase QKD solutions under a variety of use case scenarios. Two years into its three year life cycle, here is an overview of the project to date from an IDQ perspective.
Last week, our Iberian partner Warpcom organized the Quantum Tech Days in their premises to showcase to customers a QKD installation in Lisbon. They were joined by ID Quantique, Fortinet, Deloitte and IP Telecom.
The financial services sector faces some unique challenges in the digital age. The volume and sensitivity of transactional data makes the industry a key target for malicious attacks, and the nature of digital banking can leave financial institutions (and their customers) vulnerable.
For governments and defense agencies, data sovereignty is paramount. Whether defense secrets, intellectual property, taxpayer information or even the electoral register, their communications are a prime target for hackers looking for everything from financial gain to political influence.