Arqit Introduces QuantumCloudTM to Provide Stronger, Easier Encryption
Talha Tamboli | August 02, 2021
Arqit Limited (“Arqit”), a pioneer in quantum encryption technology, unveils the launching of QuantumCloudTM 1.0, the initial version of its service. Customers can use this PlatformasaService software to protect the communications channels and data of any cloud, edge, or endpoint device. The service combines transformative and one-of-a-kind improvements in quantum and classical cryptography.
The release of QuantumCloudTM 1.0 enables users to secure devices internationally by offering a robust device authentication capability, on top of which the agreement of symmetric keys between authenticated and authorised devices is implemented. Crucially, because the trustless key agreement protocol employs no asymmetric cryptographic primitives, the keys can be considered secure against potential attack using Shor's algorithm operating on a quantum computer.
A variety of those other functionalities will be added in subsequent quarters, culminating in the launch of Arqit's proprietary quantum satellites in 2023, which will replace terrestrial systems as the root source of randomness in QuantumCloudTM, adding the concluding element of permanent security to the endtoend system. In the second quarter, the service was successfully tested with clients, and QuantumCloudTM SDKs are currently being deployed to a broader variety of customers for testing and integration into live settings.
“A increasing number of customers in many sectors are now having exposure to the revolutionary levels of security that QuantumCloudTM can provide,” said David Williams, Founder Chairman and CEO of Arqit. The version published today provides stronger, easier key agreement technology to tackle the risks we learn about every day, as well as built-in security against future quantum assault threats. I believe that the openness provided by a NASDAQ listing will be a significant benefit to Arqit in pushing game-changing technology, and we are now poised to build up our platform for revenue this year.”
About Arqit Ltd
Arqit provides a one-of-a-kind quantum encryption Platform-as-a-Service that secures any networked device's communications links against present and future forms of attack – even from a quantum computer. QuantumCloudTM, an Arqit solution, allows any device to download a lightweight software agent with less than 200 lines of code that may generate keys in collaboration with any other device. The keys are computationally safe, do not exist until they are required, and can never be discovered by a third party.
QuantumCloudTM can generate an infinite number of keys in an infinite number of group sizes and govern the secure entry and exit of a device in a group. Every connected device is the QuantumCloudTM addressable market.