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Bank of Communications and QuantumCTek Joined Hands to Promote the Innovative Application of Quantum Cryptography Communication Technology in Finance

Time:2017-03-31

In recent years, in response to the call and with the guidance of CSRB, Bank of Communications united the University of Science and Technology of China and QuantumCTek to apply quantum security communication technology in the banking sector and join the construction of the demonstration program of the quantum cryptography communication application in finance in Lujiazui, Shanghai. In February 2017, Bank of Communications completed its Internet banking case construction, and applied quantum cryptography communication technology on real time transaction of internet banking users of financial enterprises for the first time based on the platform of the practical products of QuantumCTek, thus protected the security of customers’ funds through the highly secured quantum cryptography communication.

On 25th March, 2017, Liu Yandong, a member of the Politburo of CPC Central Committee and Vice Premier of the State Council, inspected the University of Science and Technology of China, listened to the work report of the progress of quantum science satellite and Beijing-Shanghai quantum cryptography line and watched the on-site display of the real time transaction of enterprise Internet banking of Bank of Communications through quantum security communication. QuantumCTek and CAS Quantum took part in the display as users of enterprise Internet banking. Liu Yandong praised the proud achievement made in the R&D of quantum cryptography communication.

The key to information security in financial sector is the self-control of the core technology. As the pioneer of practical quantum security communication, QuantumCTek will continue to work closely with companies in financial sector to expand the application of quantum security communication technology through continuous product innovations, so as to provide safe and reliable financial services for financial clients.