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NEOM to build quantum security system to defend against cyber attacks

NEOM signed an initial agreement on Thursday to build and trial the ‘Cognitive City’ quantum security system, a statement by the company revealed.  NEOM has teamed up with Arqit Quantum, known as Arqit, to develop new software capable of defending cognitive cities against cyber attacks.  This trial will see the two organisations develop new software capable of defending cognitive cities against cyber-attacks from the most advanced computers to emerge in coming years.  

Pending a successful trial in NEOM during the first half of 2022, the system could be exported to other cognitive cities around the world, offering billions of users a highly secure means to authenticate, identify and secure all forms of devices while fully guaranteeing their privacy.

  • New system aims to protect all users, transactions, devices, and data across cognitive cities worldwide.
  • Software will be designed to defend cognitive cities against cyber-attacks.
  • Once tested at NEOM the system has global export potential.

Arqit Founder and Chairman, David Williams, said: “For the world to progress, people and businesses across all parts of the economy must be able to make costless, instant transfers, and seamless transactions, as well as have instantaneous access to all their information, and control who uses it and when.

“However, technology cannot be trusted until the cyber security threats of today and tomorrow are fully addressed. That’s what Arqit has achieved with our new distributed ledger technology (DLT), Quantum Blockchain, designed to deliver financial payments and smart contracts in a way that is sustainable, energy-efficient and can manage instantaneous transactions at close to zero cost.

“NEOM is without doubt leading the world in the development of cognitive communities, and therefore the perfect launch partner for this technology.”

Read the full story at Arab News and Businesswire