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HSBC Bank to Trial Quantum Encryption Technology in the UK
Summary: HSBC Bank is set to collaborate with Amazon, BT (British Telecom), and Toshiba to conduct quantum encryption technology experiments on a new quantum metro network, according to reports by Cointelegraph. Developed by Toshiba and BT, the network aims to ensure secure transactions between institutions. HSBC Bank will test various use cases on the network, including financial ...
HSBC Bank is set to collaborate with Amazon, BT (British Telecom), and Toshiba to conduct quantum encryption technology experiments on a new quantum metro network, according to reports by Cointelegraph. Developed by Toshiba and BT, the network aims to ensure secure transactions between institutions. HSBC Bank will test various use cases on the network, including financial transactions, video calls, and edge computing. One of the key technologies being used is "quantum key distribution" (QKD), which ensures secure long-distance communication.
Author: Katie Lin
Tags: HSBC Bank,quantum
Link: HSBC Bank to Trial Quantum Encryption Technology in the UK [Copy]
