(Información remitida por la empresa firmante)
Arqit TradeSecure™ generates and distributes digital trade finance instruments, protecting finance supply chains against disruption and fraud and improving their cash flow at the same time. TradeSecure™ uses QuantumCloud™, Arqit’s unique symmetric key agreement software, which is a unique quantum-safe encryption Platform-as-a-Service which makes the communications links or data at rest of any networked device or cloud machine secure against current and future forms of attack – even from a quantum computer. QuantumCloud™ enables any device to download a lightweight software agent, which can create encryption keys in partnership with any number of other devices. The keys are computationally secure and optionally for one-time use. QuantumCloud™ can create limitless volumes of keys in limitless group sizes and can regulate the secure entrance and exit of a device in a group.Arqit believes that the UN MLETR (link) requirement that a digital record gives “integrity” and are secure from “unauthorised access” is problematic in the quantum age. In the White House National Security Memorandum of 4 May 2022 (link), it was made clear that national security systems should not use post-quantum algorithms, only symmetric key protections which are the only method know to be safe from attack by quantum computers. Arqit believes that its Symmetric Key Agreement Platform is the only known method to create quantum-safe encryption at any end point from cloud systems. Therefore, any organisation seeking strict compliance with the MLETR to protect the trillions of dollars which may soon flow through Digital Asset systems must carefully consider their encryption strategy.
ICC United Kingdom is the UK representative office of the International Chamber of Commerce, the largest world business organisation representing 45 million companies in 100 countries. ICC’s mission is to promote inclusive, sustainable and green trade. Its rules underpin $25 trillion of global trade. www.iccwbo.uk
C4DTI is an ICC United Kingdom-led public, private partnership that enables government and industry to coordinate and accelerate the digitalisation of UK trade. Launched in April 2022 as a public, private partnership, the Teesside-based C4DTI mission is to accelerate the digitalisation of UK trade and promote the adoption of interoperable legal, standards and rules frameworks. www.c4dti.co.uk
IMDA leads Singapore’s digital transformation by developing a vibrant digital economy and an inclusive digital society. As Architects of Singapore’s Digital Future, we foster growth in Infocomm Technology and Media sectors in concert with progressive regulations, harnessing frontier technologies, and developing local talent and digital infrastructure ecosystems to establish Singapore as a digital metropolis. For more news and information, visit www.imda.gov.sg or follow IMDA on Facebook (IMDAsg) and Twitter (@IMDAsg).
View original content:https://www.prnewswire.co.uk/news-releases/arqit-consortium-delivers-worlds-first-cross-border-quantum-secure-digital-trade-transaction-301851443.html