HSBC trialing quantum-safe financial transaction network in the UK By Cointelegraph

London–based HSBC, the eighth-largest bank in the world, will conduct a series of trials and experiments utitlizing quantum encryption technology in collaboration with Amazon (NASDAQ:) Web Services, BT and Toshiba (OTC:).

HSBC is the first bank to commit to trials on the new quantum “metro” network, a secure transaction system that utilizes unbreakable encryption to secure transactions via quantum cryptography.