Quantum Cryptography Market to Witness Huge Growth by Key Players: ID Quantique, Quintes sence Labs , NuCrypt , Qasky , Crypta Labs and Others.

#quantumcryptography #cryptography #marketresearchreport

The report titled “Quantum Cryptography Market” sheds a concentrated focus on the Quantum Cryptography industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.

The Global Quantum Cryptography Market is expected to grow from US$ 101 Million in 2018 to US$ 506 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 37.9% during the forecast period.

Key Players:-

ID Quantique (Switzerland),

Quintes sence Labs (Australia),

NuCrypt (US),

Qasky (China),

Crypta Labs (UK),

Qubitekk, Inc. (US),

Post-Quantum (UK),

MagiQ Technologies (US),

ISARA (Canada),

QuNu Labs (India),

QuantumCTek (China),

Quantum Xchange (US),

Aurea Technologies (France),

qutools GmbH (Germany),

Infineon Technologies (Germany),

Mitsubishi Electric (Japan),

IBM (US),

Hewlett Packard Enterprise (US),

NEC Corporation (Japan),

Toshiba Corporation (Japan),

Microsoft (US).

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Quantum Cryptography Market to Witness Huge Growth by Key Players: ID Quantique, Quintes sence Labs , NuCrypt , Qasky , Crypta Labs, Qubitekk , Post-Quantum and Others.

The report titled " Quantum Cryptography Market " sheds a concentrated focus on the Quantum Cryptography industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market. Need a Free Sample Report?

Quantum cryptography startup PQShield exits stealth - SiliconANGLE

#cryptography #quantumcryptography #security #startups #startupfunding

Post-quantum cryptography startup PQShield Ltd is exiting stealth mode armed with a suite of tools it says companies can use to safeguard computer systems and other devices from quantum-based attacks.

It also announced £5.5 million ($6.8 million) in seed funding from backers including Kindred Capital, Crane Venture Partners, Oxford Sciences Innovation and angel investor Andre Crawford-Brunt, the former global head of equities at Deutsche Bank AG.

The U.K.-based company is betting on the imminent arrival of full-scale quantum computers, which it says will pose an unprecedented problem for security due to their potential to bypass traditional public-key encryption standards.

Quantum computers are machines that use the properties of quantum physics to store data and perform computations. This can be extremely advantageous for certain tasks and gives them the potential to vastly outperform even the best supercomputers of today.

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Quantum cryptography startup PQShield exits stealth - SiliconANGLE

Post-quantum cryptography startup PQShield Ltd. is exiting stealth mode today armed with a suite of tools it says companies can use to safeguard computer systems and other devices from quantum-based attacks. It also announced £5.5 million ($6.8 million) in seed funding from backers including Kindred Capital, Crane Venture Partners, Oxford Sciences Innovation and angel investor Andre Crawford-Brunt, the former global head of equities at Deutsche Bank AG.

Funding Alert: Sequoia invests in Singapore quantum computing startup Horizon

#quantumcomputing #technology #startups #programming

Singapore-based Horizon Quantum Computing startup aims to make quantum computing accessible to every developer. It just raised an undisclosed amount funding led by Sequoia India, bringing its total seed money to US$3.2 million.

Founded in 2018, Horizon is developing tools so that programs designed for conventional computers can be automatically adapted for quantum processors.

Horizon said its approach is different. It looks to enable developers to build programs with fewer lines of code and automatically optimize their programs for real processors.

Some deep-tech players in Singapore are also looking to make quantum computing more accessible. One example is Entropica Labs, which is also backed by SGInnovate as well as Wavemaker Partners, among other investors. Another player is SpeQtral, which is developing space-based quantum communication systems.

Citing a study from Boston Consulting Group (BCG) Consulting Group, Horizon said the quantum applications market can reach over US$260 billion by 2050 as adoption picks up.

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Sequoia invests in Singapore quantum computing startup Horizon

All over the globe, there are tens of millions of conventional software developers, with 46 million registered on GitHub alone. However, fewer than 1,000 people globally are capable of developing new quantum applications, Singapore-based Horizon Quantum Computing observed.

Post-Quantum Blockchain: A review on blockchain cryptography resistant to Quantum Computing attacks - IEEE

Beware!

All the businesses, including #startups, should be aware that existing passwords and asymmetric cryptography may become useless within next 5 years due to advancement of quantum computing technology, which can be used by hackers to crack passwords / keys within minutes, if not in seconds.

Even present blockchain technology may be susceptible to hacker attacks due to faster quantum computing technologies. Do you know that a Bitcoin private key is a 256-bit number? Can you imagine if the above 256-bit (64 letter hexa decimal - 0-9, A-F alpha numeric) key can be hacked using quantum computing methods, then what happens to our 6-12 letter alpha numeric passwords!

So, all the authentication systems may have to be migrated to quantum blockchain technology, which in simple term uses variable key lengths and two streams of communication to send and receive passwords, one through normal network and another through quantum network using either optical fibre cables or through low lying artificial satellites above the earth.

Read about Quantum Key Distribution at  https://en.wikipedia.org

Read more about quantum blockchain technology at

Towards Post-Quantum Blockchain: A Review on Blockchain Cryptography Resistant to Quantum Computing Attacks - IEEE Journals & Magazine

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