Quantum computing relies on vastly enhanced computing capacity to quickly crack problems that would take conventional computers years to solve.
An Indian company called QNu Labs aims to be a global player in the futuristic field of quantum computing, after becoming the world’s fourth company to build a deployable “Quantum-Safe Security” product.
Only three companies worldwide can boast of such an achievement. Quantum-Safe Security is regarded as a relatively small, billion-dollar niche in the overall field of quantum computing, which could soon be a trillion-dollar industry.
The Bengaluru-based QNu Labs has matched global firms QuintessenceLabs, ID Quantique, and Toshiba in developing Quantum-Safe Security solutions. These safeguard sensitive data by upgrading conventional network encryption to foil “hacking” attempts from hostile quantum computers. In the emerging era of “quantum supremacy”, hackers using quantum computing can quickly crack contemporary encryption algorithms.
First Published: Mar 27 2020 | 10:51 PM IST