Arqit Quantum
Arqit offers a one-of-a-kind Platform-as-a-Service for quantum-safe encryption, protecting the communications links or data at rest of any networked device or cloud machine against any existing or future forms of attack, including those carried out by quantum computers.
QuantumCloudTM, a product by Arqit, allows any device to download a small piece of software that, in conjunction with other devices, may generate encryption keys. The keys are zero-trust, one-time use, and computationally secure. QuantumCloudTM can generate an infinite number of keys for groups of any size and control the safe entry and exit of individual devices within that group.
Their current method of encryption was developed in the 1980s. It was never meant to function in today's always-on digital environment. It's been quite helpful, but it's starting to let us down lately. Every day, its weaknesses lead to new security holes. A more serious issue, though, exists. Cybersecurity in the age of quantum computing is in jeopardy.
As a result, a worldwide effort to improve existing encryption technology is required. This is a revolutionary improvement above previous versions. There is no use in trying to make public key encryption, which is already obsolete, useful again by patching, mending, and taking risks with incremental improvements.
Founded: 2017
Headquarters: United Kingdom
Website: https://arqit.uk/