Lancaster spinout Photarix leads quantum encryption – Northern Financial Review

Lancaster spinout Photarix leads quantum encryption – Northern Financial Review

Lancaster University said it has created a new spinout company, Photarix, to “pioneer secure communications in the quantum era.” “Current encryption methods for banking, messaging and data storage are vulnerable to quantum computing,” said Lancaster University. “One promising solution is Quantum Key Distribution (QKD), a super-secure way to encrypt data that makes eavesdropping impossible. “However, for QKD to work effectively, it needs to be a …