Quantum tokens trial conducted by Mitsui, Quantinuum, and NEC proves successful
In a groundbreaking development, Mitsui, Quantinuum, and NEC have successfully conducted the first trial of quantum tokens, a new technology designed for high-security sectors like finance and healthcare.
The trial, which was the first of its kind in the world, was carried out using commercial quantum cryptographic communication equipment and a 10-km fibre-optic cable provided by NEC. The quantum tokens, based on a property of quantum physics for which Quantinuum holds a patent, were issued and redeemed during the trial, confirming that they can be used on infrastructure that cannot be decrypted by quantum computers.
Mitsui's development strategy for quantum tokens includes a focus on areas requiring high levels of security, such as finance and healthcare. The company aims to develop specific applications for quantum tokens, with primary applications expected to be in the financial sector, including high-speed transactions and commodity trading. Quantum tokens can also be used for data restoration and certification.
The principle behind quantum tokens has been proven in theory, and the trial confirmed that they can be issued and redeemed as predicted. Mitsui plans to realize commercialization of quantum tokens within five years, with the ultimate goal of developing quantum tokens for use in infrastructure that cannot be decrypted by quantum computers.
Mitsui and Quantinuum have been working together to develop practical unforgeable quantum tokens. The search results do not contain information about any company announcing the development of quantum tokens for use in high-security sectors like finance and healthcare within the next five years, but Mitsui's plans suggest that they are at the forefront of this exciting new technology.
Quantum cryptographic communications technology used in the trial is anticipated for use in future infrastructure development, offering a promising solution for secure transactions and data protection in the digital age. With this successful trial, Mitsui, Quantinuum, and NEC have taken a significant step towards the commercialization of quantum tokens, and the future of secure data transmission looks bright.
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