Toshiba Aiming at U.S. Market With Quantum Cryptography
Toshiba planning to sell quantum cryptography
+ Japan’s Toshiba Corporation plans to start offering customers a next-generation encryption technology by March next year.
+ The aim is to commercialize so-called “quantum cryptography” in the United States.
+ Officials believe that once superfast quantum computers become a reality, their data communication could become highly vulnerable from a security standpoint.
+ They say their cryptography technology will be impossible to break. It uses light particles, called photons, to send encrypted data and a key for decryption.
+ Eavesdropping attempts would change the state of the photons, rendering the key unusable.
+ Toshiba says it plans to offer the technology as a subscription service, rather than selling any hardware.
+ The company sees the US government and financial institutions as potential customers, given the vast amount of sensitive information they handle.
+ The Toshiba officials say they could become the first Japanese firm to commercialize the technology.
+ Researchers in China, the US, and Europe are also working on the technology. Toshiba wants to enter the market well before the competition, so it can secure a leading position.
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