Sergi Vizcaíno, Strategy and Outreach Manager at LuxQuanta, will share additional insight into Quantum Cryptography’s predicted improvements and detail how the technology will continue to evolve in 2023. LuxQuanta, a company based in Spain, is a four-year-old spin-off from ICFO, the Institute of Photonic Sciences (a world-leading research centre on photonics and quantum technologies).
LuxQuanta’s goal is to provide Quantum Key Distribution (QKD) systems and technologies that can be integrated into current network infrastructures while adding a quantum-safe layer of security on top of mathematical cryptographic techniques. LuxQuanta Quantum Key Distribution (QKD) technologies maintain communication confidentiality in application areas with the most rigorous security requirements.
Quantum computing has advanced dramatically in recent years, assisting in realizing the idea of a computer powered by quantum physics fundamentals. As Quantum Computing evolves, so does the necessity and demand for Quantum Cryptography security approaches such as Quantum Key Distribution (QKD), ushering in a new era of information security.
The volume of European and worldwide projects reflects an increase in companies and governmental entities interested in installing QKD systems. The European Quantum Communication Infrastructure (EuroQCI) program is an excellent example of a series of multimillion-dollar projects aimed at constructing a secure quantum communication infrastructure that will span the entire EU, opening up new and expanded potential for QKD.
Quantum Computing
In retrospect, 2022 was a busy year in post-quantum cryptography (PQC), an alternative to QKD that proposes using more complex mathematical techniques to safeguard communications against quantum computers. The National Institute of Standards and Technology (NIST) of the United States launched the fourth phase of the standardization process of PQC algorithms with the goal of selecting cryptographic primitives capable of withstanding quantum computing attacks.
Nonetheless, one of the finalists in this round, a method known as SIKE (Supersingular Isogeny Key Encapsulation), was cracked in less than an hour by a conventional computer, showing the need for more advanced and safe quantum encryption techniques as we approach 2023.
How will 2023 look like for Quantum Computing
He will be discussing three points, first is the best possible ways to prepare for quantum security risks. Wherein, Sergi Vizcaíno emphasizes how CSOs must ensure that they are as up-to-speed as possible on the newest innovations and security concerns.
Second, he will also point out the current obstacles that Quantum Cryptography faces, from Quantum Cryptography awareness, supply chain issues, and employee shortages that potentially affect the Quantum Cryptography sector,
Third, he will provide insights on the market position of Quantum Cryptography be by the end of 2023, and the standing of CV-QKD, provided that it has already earned significant market attention in recent years, and the trend is sure to accelerate as more organizations attempt to incorporate the technology.
