Quantum Encryption Makes Credit Cards Fraud-Proof…

Quantum Encryption Makes Credit Cards Fraud-Proof

Credit card frauds are very common these days – today a data breach occurs in retailer’s shop, online shopping site or banking site and at the next moment millions of cards appears in the underground black market – how simple is that for cyber criminals nowadays.

SECURE FRAUD-PROOF CREDIT CARDS
The research at the University of Twente in Enschede, Netherlands has suggested that “fraud-proof” credit cards are possible to develop using Quantum Physics that will protect users’ financial and personal information from hackers. Security researchers describe this extra layer of verification as Quantum-Secure Authentication (QSA) of a “classical multiple-scattering key.”

HOW QSA TECHNOLOGY WORKS

Now, the important thing to note is that how is it possible and how Quantum Physics works with the Credit card technology ??
Quantum Encryption Makes Credit Cards Fraud-Proof
This innovative technology depends on two unique quantum properties of light to create a secure and unique Question-and-Answer (Q&A) exchange that cannot be ‘spoofed’ or copied. As a single photon of light can occupy more than one location at the same time and because light has so many separate wavelengths that hacking a credit card would take centuries to find the right combination.
The “quantum credit cards” would be more secure and fraud-proof because QSA technology leverages the immutable properties of quantum mechanics to create a perfectly secure encryption system, instead of any mathematical interpretation.
EASY TO IMPLEMENT AND HARD TO BREAK
According to Pepijn Pinkse, such a security layer would be “straightforward to implement with current technology,” used by credit cards.
Quantum credit cards would be outfitted with a strip of white paint containing millions of nanoparticles. Researchers could project individual photons of light onto this paint with the help of a laser that would bounce around the nanoparticles as if in a pinball machine before escaping back to the surface and forming a unique pattern.

 

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