Hsbc Becomes First Bank To Join The Uk’s Pioneering Commercial Quantum Secure Metro Network

HSBC has become the first bank to join BT and Toshiba’s quantum-secured metro network, connecting two UK sites using Quantum Key Distribution (QKD) to prepare its global operations against future cyber threats. This technology will be trialled in multiple scenarios, including financial transactions, secure video communications and one-time-pad encryption, as well as AWS edge computing capabilities. HSBC’s exploration of quantum-secure communications could have far-reaching implications for the bank, providing crucial evidence into the advantages of quantum technology and driving the development of applications in financial cybersecurity.