Quantum Random Number Generator: Chips are on the Table
With the onset of global geopolitical unrest in recent years, a sharp increase in cyberattacks has been observed on an international scale. Technologies such as Quantum Random Number Generators (QRNG) are essential tools in combatting this rise, as traditional encryption systems are unable to defend against the novel technologies used by cyber criminals today. Security and privacy are some of the biggest concerns across industries today. As such, QRNG is the next step for achieving security by ensuring fundamental unpredictability that allows for infallible encryption.
QRNG chips are already used across many industries, showcasing the use cases that the speakers presented in the Quantum Random Number Generator: Chips are on the Table webinar. The primary use of QRNG is for increased security, as mentioned before, in cases like data transfer from security cameras and industry automation devices by Bosch, Blockchain transactions showcased by Juniper and security systems provided by HubSpot. The second application of QRNG is in simulations, for example, Caixa Bank’s Monte Carlo simulation for risk analysis and portfolio optimisation and Juniper’s use in prediction analysis and optimisation within new product development, where the speed of the simulation can increase up to 10x.
QRNG can serve as a good entry point for a quantum-safe journey, a bedrock for an upgrade for existing algorithms. The collection of various use cases across many industries has proven the value of this technology; however, there are still many challenges to overcome. The biggest challenge today is the price of the chip, which has significantly lowered in recent years, but still does not allow for general commercial use, and is only used in cases where security is a priority, even at an increased cost. Moreover, the integration of QRNG can be challenging if a product’s architecture does not account for the additional technology, and higher power consumption can pose further challenges to integration.
For further development of Quantum technology, it is essential to create and share more use cases that will promote the use of this novel tech. Matching the case with tech and showcasing the benefits can significantly advance tech adoption and development.
The Ecosystem Work Group will be organising webinars that share success stories but also challenges within different areas relevant to development of quantum technology. Thus,
we would like to invite you to the next webinar: The Path to Fruitful Partnerships in Quantum Computing on the 22nd of November at 10 CET.
We are looking forward to seeing you there!
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BluSpecs, as part of the Ecosystem work group within the European Quantum Industry Consortium (QuIC) co-organised its first webinar covering the topic of Quantum Random Number Generators (QRNG).
The co-lead of W8, Carlos Abellan from Quside invited multiple speakers to present their use of QRNG technology;
Santiago M. and Marc Cabezas Guzman from CaixaBank , Gert Grammel from 瞻博网络 , Thomas Strohm from Bosch , and Carmi Bogot from HUB Security
The webinar was closed by a panel debate led by work group co-lead Tanya Suarez Ph.D. , the CEO of BluSpecs and IoT Tribe , during which essential industry players got to analyse the use, challenges and advantages of QRNG. The panel comprised
Thomas Stengel - Senior Director of Global QRNG Business Development in ID Quantique , Simone Capeleto - the CEO of ThinkQuantum , Chris Erven -the CEO of KETS Quantum Security , and Carlos Abellan the CEO of Quside .
Written by Zuzana Ku?íková , Analyst at BluSpecs