(FinanceYahoo) SpeQtral and Toshiba Digital Solutions Corporation (Toshiba) today announced that they have reached a definitive agreement to market and deploy Quantum Key Distribution (QKD) solutions to governments and enterprises. SpeQtral’s core expertise lies in using a space-based quantum platform to establish long distance quantum networks with a global reach.
The collaboration will help potential users in Southeast Asia understand the need for and consider implementation of QKD solutions to secure their communications, with free knowledge-sharing webinars and workshops as a starting point. As a global hub for financial applications, Singapore in particular serves as a focal point for telecommunications, data centres and cloud connectivity infrastructure. These industries process extremely important and high-value data, and it is crucial to continually review the security of these communications and upgrade current systems to address future threats.
“Southeast Asia is conducive for the adoption of new and leading-edge technologies such as QKD. There is strong emphasis on the cybersecurity of our digital ecosystem and creation of a resilient communications infrastructure,” says Chune Yang Lum, CEO of SpeQtral, “We are pleased to collaborate with Toshiba to introduce QKD solutions to the market and play a leading role in enhancing the quantum security of digital communications for governments and enterprises in the region.”