Quantum computing technology is in production already. And while quantum computers are not quite at a level where most encrypted information in use today will be thwarted within minutes or seconds, it is a foregone conclusion that they will be there all too soon.
While many understand this impending problem, not enough realize that actions taken or datum managed today need to be protected now. Otherwise, serious repercussions can arise with the advent of quantum computation.
This is especially true with distributed-ledger technologies. All data is shared across every node in a distributed environment, but it is protected by private-public key cryptography, which isolates the data from being seen by inappropriate parties.
Unfortunately, quantum computing will crush any current private-public key encryption schemes. NIST, the U.S. Federal Agency that sets security standards for government and civilian systems, is evaluating approximately 60 new public key cryptography (PKC) technologies. So far, not one of them has been identified as being quantum-resistant.
SBT, in conjunction with leading partners from veterans of the top U.S. three-letter agencies, and other security notables and partners, is developing a cryptographic system leveraging technologies that NIST and others have already proclaimed to be safe from quantum attacks.
The SBT QuantumNode system works within existing systems, and adds additional security to data before it undergoes any existing lower-level data security delivery and storage processes. Protecting systems from quantum exposure is complex and technically challenging. A dozen patents have been assigned to segments of the QuantumNode system, with more patents pending and being developed. However, implementing the QuantumNode system requires an amazingly small amount of time and energy.