Source: LACChain
We are very glad to communicate that our paper “Quantum Resistance in Blockchain Networks” has been published by Scientific Reports journal from Springer-Nature and is publicly available online. This represents a very rewarding recognition to the work that we began in 2020 in collaboration with Quantinuum and Tecnologico de Monterrey seeking to develop a framework that allows to help protect blockchain networks from attacks by large and robust quantum computers.
As the paper claims “the advent of quantum computing threatens blockchain protocols and networks because they utilize non-quantum resistant cryptographic algorithms. When quantum computers become robust enough to run Shor’s algorithm on a large scale, the most used asymmetric algorithms, utilized for digital signatures and message encryption, such as RSA, (EC)DSA, and (EC)DH, will be no longer secure. Quantum computers will be able to break them within a short period of time”.
Our work is pioneer in proposing a five-step end-to-end framework applicable to most blockchain networks that does not require critical modifications of the baseline protocols to add a post-quantum cryptographic layer that ensures resistance to attacks by quantum computers. The joint team has also developed a scalable implementation for Ethereum-based networks which has been deployed in LACChain, that uses Hyperledger Besu as the blockchain protocol.
Marcos Allende Lopez, CTO of LACChain and leader of this work claimed that “today the blockchain community is focused on urgent needs such as scalability and interoperability. However, considering that there are trillions of dollars in value stored in blockchain networks and that according to Boston Consulting Group tokenization is expecting to become a $16 trillion market in 2030, it is irresponsible to not have a plan to protect decentralized ledgers from attacks by quantum computers that will be able to discover private keys and steal assets. Despite it is uncertain when large and robust quantum computers will be ready to accomplish that, it is very plausible that these machines are used silently at the beginning for hacking strategically without being spotted.”
Our open-source development presents three alternatives for the blockchain verification of transactions signed with the Falcon-512 NIST-compliant post-quantum signatures: (i) implementing the verification code in Solidity which constitutes – to our knowledge – the first smart contract capable of verifying post-quantum signatures, (ii) implementing solidity instruction in the Solc compiler and corresponding EVM opcode, and (iii) refactoring the EVM opcode Java from the EVM virtual machine into a pre-compiled contract.
The team is now working on an EIP to take this discussion to a broader forum within the Ethereum and Hyperledger communities. LACChain is looking for entities and individuals that want to join us in this mission.
Professor Salvador E. Venegas-Andraca, of Tecnologico de Monterrey, commented: “Quantum technology is a give-and-take discipline: on the one hand, quantum computers together with Shor's algorithm will eventually become a vulnerability to public key cryptography protocols and other technologies used in digital data protection. On the other hand, we can use quantum technology to increase the security of current and future data. The latter is indeed the core of our paper: to use quantum technology to protect current and future blockchains from quantum attacks.”.
Duncan Jones, Head of Cybersecurity at Quantinuum, added: “The most valuable digital assets demand the highest levels of security. By combining quantum-safe algorithms with quantum-computer-hardened keys from our Quantum Origin platform, this work demonstrates a significant security improvement for blockchain systems.”.
LACChain is a global alliance that brings together various stakeholders in the blockchain space, led by the Innovation Lab of the Inter-American Development Bank Group (IDB Lab), with the goal of developing the blockchain ecosystem in Latin America and the Caribbean. Its mission is to accelerate the adoption of blockchain technology in the region, promoting innovation, reducing economic, social, and gender inequalities, improving job quality and security, and fostering financial inclusion, consumer protection, and market integrity. To achieve these goals, LACChain focuses on two main pillars: community and infrastructure. Through its initiatives, LACChain aims to empower people, improve digital security, build trust in the digital economy and society, and foster energy efficiency, all while supporting inclusive growth, well-being, human rights, and fundamental values. For more information about LACChain and its initiatives, please visit their website at www.lacchain.net.
Tecnologico de Monterrey was founded in 1943 thanks to the vision of Don Eugenio Garza Sada and a group of entrepreneurs who formed a non-profit association called Enseñanza e Investigación Superior, A. C. Tecnologico de Monterrey is a private, non-profit, independent institution with no political and religious affiliations. The work of Tecnológico de Monterrey on all of its campuses is supported by civil associations made up of a numerous group of outstanding leaders from all over the country who are committed to quality in higher education. Tecnologico de Monterrey is widely recognized as one of the most prestigious universities in Latin America and it ranks among the top 200 universities in the world according to QS World University Rankings.
Quantinuum is one of the world’s largest integrated standalone quantum computing companies, formed by the combination of Honeywell Quantum Solutions’ world-leading hardware and Cambridge Quantum’s class-leading middleware and applications. Science-led and enterprise driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. Its focus is to create scalable and commercial quantum solutions to solve the world’s most pressing problems, in fields such as energy, logistics, climate change, and health. The company employs over 480 people including 350 scientists, at nine sites in the US, Europe, and Japan.
Quantinuum, the world’s largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.
BROOMFIELD, CO – JANUARY 21, 2025 – Quantinuum, the world’s largest integrated quantum computing company, announced plans today to open a new location in New Mexico. This anticipated site will support ongoing collaborative efforts to advance the photonics technologies critical to furthering Quantinuum’s product development. Photonics, the science and technology of light, is essential to the advancement of Quantinuum’s trapped ion quantum computing technologies, which use light to control and manipulate qubits.
New Mexico has established itself as a leader in quantum information sciences and the development of photonics and other enabling technologies. In July 2024, the U.S. Department of Commerce’s Economic Development Administration, as part of its Tech Hubs program, officially designated Colorado, home to Quantinuum’s U.S. Headquarters, and New Mexico as leading hubs for quantum information technology.
“I am thrilled to welcome Quantinuum to New Mexico, launching a new industry for our state that builds on our proud foundation of innovation,” said New Mexico Governor Michelle Lujan Grisham. “No state is better positioned to transform the momentum of the quantum computing industry into major economic and entrepreneurial growth, and Quantinuum will be a groundbreaking partner in that work. Together we will leverage New Mexico’s assets, including the groundbreaking work being done at our national laboratories and the nation’s best quantum scientists being educated at our universities, to invest in and grow the state’s quantum technologies industry, creating career opportunities for New Mexicans and continuing to build the technology of the future.”
Dr. Rajeeb Hazra, President and CEO of Quantinuum, said, “As the established leader in quantum computing, Quantinuum has found an ideal partner in New Mexico. The state’s dynamic technology ecosystem and highly skilled workforce align perfectly with our strategic goals.”
Quantinuum’s New Mexico location, anticipated to open later this year, is expected to create high-paying jobs and drive economic growth. Quantinuum has a longstanding history of collaboration with experts from the national laboratories in New Mexico, such as Sandia National Laboratories and Los Alamos National Laboratory, and universities, such as The University of New Mexico, in showcasing the performance of the company’s trapped ion quantum computing hardware. These partnerships have not only advanced the exploration of innovative applications and use cases, but have also been instrumental in supporting workforce development, education and various other efforts in the state and region.
The development of technologies for quantum computing is critical to strengthen U.S. economic competitiveness and national security. The robust quantum ecosystem taking rise in New Mexico—from the national labs to universities to the private sector—will help ensure the United States is a leader in quantum computing.
Quantinuum, the world’s largest integrated quantum computing company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With more than 550 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.
For more information, please visit the website at www.quantinuum.com.
Neubiberg, Germany and Broomfield, Colorado, USA, 19 November 2024 – Infineon Technologies AG, a global leader in semiconductor solutions, and Quantinuum, a global leader in integrated, full-stack quantum computing, today announced a strategic partnership to develop the future generation of ion traps. This partnership will drive the acceleration of quantum computing and enable progress in fields such as generative chemistry, material science, and artificial intelligence.
“We are thrilled to partner with Quantinuum, a leader in quantum computing, to push the boundaries of quantum computing and generate larger, more powerful machines that solve meaningful real-life problems," said Richard Kuncic, Senior Vice President and General Manager Power Systems at Infineon Technologies. “This collaboration brings together Infineon's state-of-the-art knowledge in process development, fabrication, and quantum processing unit (QPU) technology with Quantinuum's cutting-edge ion-trap design expertise and experience with operating high-performance commercial quantum computers.”
Infineon innovates with a dedicated team to make their trapped-ion quantum processing units (QPUs) the heart of the leading quantum computers. The company has invested in this field since 2017, applying its expertise in high-volume processing technologies and developing technologies, like integrated photonics and control electronics, to enable their partners to scale the qubit count of their machines.
In Quantinuum’s hardware approach, charged atoms are trapped with electromagnetic fields so they can be manipulated and encoded with information using microwave signals and lasers. This design has distinct advantages over other quantum hardware, including higher fidelities and longer coherence times.
This collaboration builds on today’s leading performance of Quantinuum's trapped-ion quantum computers, which currently hold the world records in key performance benchmarks such as 2-qubit gate fidelity, quantum volume and cross-entropy benchmark fidelity. To deliver even better fidelity at greater scale and achieve commercial advantage, larger and more sophisticated ion traps are needed. Engineers from the two companies have been working together for more than a year and will intensify their efforts under the current partnership to develop powerful ion traps for Quantinuum’s next-generation quantum computers.
“At Quantinuum, our mission is to accelerate useful quantum computing. We have announced a roadmap to reach universal fault-tolerance in 2029. Our partnership with Infineon is key to our delivering on this commitment,“ said Dr. Rajeeb Hazra, President and CEO of Quantinuum.
Quantinuum, the world’s largest integrated quantum computing company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.
For more information, please visit the website at www.quantinuum.com
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).
For more information, please visit the website at www.infineon.com
Broomfield, Colorado, November 19th, 2024 – Quantinuum, the world’s largest and leading integrated quantum computing company, has been recognized by Fast Company as a winner in the 2024 Next Big Things in Tech Awards in the Computing, Chips, and Foundational Technology category. In its fourth year, the list honors technology breakthroughs that promise to shape the future of our society. This prestigious accolade underscores Quantinuum’s advancements with its System Model H2 quantum processor, the latest in a series of groundbreaking announcements.
Launched in 2023 and upgraded in 2024, the H2 quantum processor represents a major advancement in quantum computing. As the most benchmarked system with the highest quantum volume in the industry, H2 is a testament to Quantinuum’s path in leading the world to universal, fully fault tolerant quantum computing future.
"The System Model H2 represents a significant leap in computing, demonstrating capabilities that can no longer be fully simulated by classical computers." said Dr. Rajeeb Hazra, President & CEO of Quantinuum. "Its unique design has led to significant achievements, including the creation of 12 reliable logical qubits and a 100-fold enhancement in a key quantum computing benchmark, Random Circuit Sampling (RCS). These results have made our systems integral to hybrid quantum computing workflows, combining our high performing quantum systems with leading AI and HPC solutions.”
These innovations have the potential to revolutionize fields like chemistry, drug discovery, and financial forecasting, demonstrating the far-reaching implications of Quantinuum's work.
Quantinuum recently unveiled its accelerated roadmap to achieve universal fault-tolerant quantum computing in 2029. This integrated path not only emphasizes hardware advancements but also focuses on critical software capabilities that are essential for delivering full-stack quantum computing and hybrid quantum computing solutions.
Quantinuum’s next system, Helios, will launch in 2025 with 96 qubits and will help to unlock scientific advances that will surpass classical computing results.
Quantinuum, the world’s largest integrated quantum computing company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.