MAS and industry partners publish technical report on proof-of-concept Sandbox for quantum-safe communications within the financial sector
The Monetary Authority of Singapore (MAS), in collaboration with DBS, HSBC, OCBC, UOB, SPTel and SpeQtral, has successfully completed a proof-of-concept (PoC) sandbox to evaluate the use of Quantum Key Distribution (QKD) for secure communications in the financial sector. This follows the signing of a Memorandum of Understanding (MoU) between the parties in August 2024 to explore the technical...
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