Market Chatter: China Seen to Develop Standards for Post-Quantum Cryptography

MT Newswires Live03-19

The Chinese government is expected to impose national standards for post-quantum cryptography in the next three years as it invests in research, Reuters reported Thursday, citing an expert.

The program is part of the country's five-year plan that highlighted quantum technology and the goal of developing a scalable quantum computer, the report said.

China's plan will elevate quantum cryptography alongside embodied AI, nuclear fusion, and brain-computer interfaces, Reuters said.

Governments worldwide are scrambling to develop post-quantum cryptography algorithms that could guard against future quantum machines, seen to become so powerful that current encryption methods would become obsolete, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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