The German Aerospace Centre (DLR) has awarded Universal Quantum Deutschland GmbH, a branch of British startup Universal Quantum, with €67 million to build a fully scalable quantum computer based on trapped-ion technology. A trapped-ion quantum computer is one of the proposed approaches to a large-scale quantum computer.
This comes as part of the German Quantum Computing Initiative founded by the German Ministry of Economy, a wider quantum initiative led by the German federal government.
NIST has now announced that it has selected four such algorithms: one for general encryption (to protect information exchanged across a public network) and three for digital signatures (used for identity authentication). All of the algorithms are designed to be quantum-resistant and rely on more complex math problems that ‘both conventional and quantum computers should have difficulty solving’.
The four algorithms will be integrated into NIST’s post-quantum cryptographic standards, and should finalised within the next two years. Four other algorithms are currently undergoing evaluation for potential inclusion.