Dutch Bank Working with QuTech to Begin Defense Against Quantum Computers
(ComputerWeekly) Netherlands bank ABN Amro is working with researchers to explore how quantum computing technology can be used to secure online banking.
The banking giant is working with QuTech, which was jointly established by Delft University of Technology and the Netherlands Organisation for Applied Scientific Research, to prove that quantum key distribution can be used to secure data traffic.
ABN Amro said in a statement: “This has many positive implications for future applications and developments. However, quantum technology can be used not only for good, but for darker purposes as well.”