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Toshiba's Commitment to a Quantum-Safe Singapore

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Toshiba's Commitment to a Quantum-Safe Singapore
Business

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Toshiba's Commitment to a Quantum-Safe Singapore

2024-11-05 10:00 Last Updated At:10:35

SINGAPORE, Nov. 5, 2024 /PRNewswire/ -- As a global business hub with advanced digital connectivity, Singapore is well-positioned to lead the charge in quantum-safe technologies. The 2023 Singapore Digital Connectivity Blueprint highlighted an 8.6% expansion in the Information and Communications sector in 2022, emphasizing the importance of resilience and security in a digital world. With advancements in quantum computing threatening traditional encryption methods, Singapore plans to implement quantum security technologies such as Post-Quantum Cryptography (PQC) and Quantum Key Distribution (QKD) through the National Quantum-Safe Network Plus (NQSN+).

Experience the full interactive Multichannel News Release here: https://www.multivu.com/toshiba/9298751-en-toshibas-commitment-to-a-quantum-safe-singapore

Toshiba is at the forefront of establishing a quantum-safe future for Singapore, leveraging its extensive expertise in QKD technology. With over three decades of research in quantum technology, Toshiba has shifted from academia to commercializing QKD systems. The recent opening of a £20 million Quantum Technology Centre in Cambridge, UK, underscores Toshiba's commitment to developing quantum-secure networking solutions. This initiative addresses the vulnerabilities of traditional encryption methods, ensuring robust data security through advanced QKD technology that utilizes quantum physics principles to create resilient encryption against potential decryption attempts.

In 2021, Toshiba formed a strategic partnership with SpeQtral to develop cutting-edge quantum security solutions, combining Toshiba's fiber-based QKD expertise with SpeQtral's satellite QKD innovations. This collaboration has yielded significant achievements, including launching Southeast Asia's first Quantum Networks EXperience Centre (QNEX) for demonstrations and prototyping.

The partnership has achieved significant milestones, including the first quantum-secure link across SPTel's diverse and scalable fiber network, enhancing the security of sensitive data. The joint efforts are further solidified by the recent Memorandum of Understanding (MOU) with SpeQtral and ST Engineering to accelerate the development of tailored quantum-safe solutions, ensuring robust protection for sensitive communications across sectors such as finance and government while positioning Singapore as a leader in quantum security in Southeast Asia.

Toshiba collaborates closely with SPTel-SpeQtral to educate businesses about quantum technologies, including Quantum Key Distribution (QKD), as part of the NQSN+ initiative to create a Quantum-Safe Singapore. This partnership enhances digital infrastructure and data protection against quantum threats while fostering innovation and security for sustainable economic growth. With nearly 150 years of experience, Toshiba is committed to advancing quantum cryptography and establishing strategic alliances to secure Singapore's digital landscape, bolstering the nation's position in quantum technologies and cybersecurity.

Learn more about how Toshiba & SpeQtral strategic partnership drives the Quantum Security HERE.


Achieving a quantum-secured future with Toshiba Quantum Key Distribution technology.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Toshiba's Commitment to a Quantum-Safe Singapore

Toshiba's Commitment to a Quantum-Safe Singapore

Toshiba's Commitment to a Quantum-Safe Singapore

Toshiba's Commitment to a Quantum-Safe Singapore

Toshiba's Commitment to a Quantum-Safe Singapore

Toshiba's Commitment to a Quantum-Safe Singapore

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DAMAC International Expands Presence in APAC with New Office in Hong Kong

2024-11-05 10:00 Last Updated At:10:15

Strategic launch to cater to the growing demand for luxury real estate across Asia-Pacific

HONG KONG, Nov. 5, 2024 /PRNewswire/ -- DAMAC International, a global leader in luxury real estate, has officially opened its new office in Hong Kong, marking its third office in the Asia-Pacific (APAC) region. This expansion is part of DAMAC's broader vision to strengthen its presence in one of the world's fastest-growing regions, renowned for its rapid investment growth. The Hong Kong office is a strategic gateway to the APAC market. It allows DAMAC to better serve its expanding clientele by offering direct access to its prestigious properties in Dubai and other international locations, such as London and Miami.

The Hong Kong office will provide investors across the region access to personalised services, offering exclusive insights into DAMAC's luxury residential towers, branded residences, and lifestyle communities. As demand from the APAC region continues to rise, DAMAC is poised to offer high-end real estate investment opportunities that cater to the needs of discerning clients.

Talking about the opening, Abbas Sajwani, Board Member, DAMAC International, stated: "This is yet another milestone in our expansion into the APAC region. The new office will allow us to be closer to our clientele. It is a testament to our belief in the region's potential and commitment to providing top-tier investment opportunities in luxury development."

By establishing this new office, DAMAC continues positioning itself as a leading player in the global real estate market. It further strengthens its ability to connect with clients to provide unparalleled luxury investment opportunities for long-term value.

About DAMAC International

DAMAC International has been at the forefront of the Middle East's luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region and internationally, including in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives, Canada, the United States, as well as the United Kingdom.

Since then, the company has delivered more than 47,000 homes with over 40,000 more in diverse planning and development phases. Joining forces with some of the world's most eminent fashion and lifestyle brands to create tremendous living experiences, such as with Versace, Roberto Cavalli, or de GRISOGONO. With a consistent vision and momentum, DAMAC is building the next generation of luxury living across the globe.

Live the Luxury.

Visit us at www.damacgroup.com 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

DAMAC International Expands Presence in APAC with New Office in Hong Kong

DAMAC International Expands Presence in APAC with New Office in Hong Kong

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