Summary: Three companies—Partisia (Denmark), Squareroot8 (Singapore), and NuSpace (California)—have signed a memorandum of understanding to enhance secure communications through their combined expertise in blockchain, quantum-safe communications, and IoT. This partnership aims to integrate quantum random number generation with secure multi-party computation, paving the way for more efficient and privacy-preserving data processing. By leveraging satellites equipped with quantum technology, they are set to revolutionize secure communication across multiple sectors.
Affected: Partisia, Squareroot8, NuSpace
Keypoints :
- Partisia specializes in multi-party computing and blockchain technology, while Squareroot8 focuses on quantum-safe communications and NuSpace provides IoT connectivity through satellite services.
- Integration of quantum-safe cryptography with QRNG-equipped satellites promises to enhance the security and efficiency of data processing, ensuring compliance with privacy laws.
- The partnership aims to solve challenges in fields such as healthcare and banking by allowing secure data sharing and computation without compromising individual privacy.
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