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JPMorgan Chase establishes crypto-agile network with quantum protection

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JPMorgan Chase has successfully deployed a high-speed quantum-secure crypto-agile network (Q-CAN), connecting two data centers over distributed fiber. A third quantum node has also been created, which currently serves as a research platform to test next-generation quantum technologies applicable to banking and finance. One of the highlights of this Q-CAN is its successful use of quantum key distribution (QKD) to secure multiple independent, high-speed virtual private networks (VPNs) spanning a single 100 Gbps fiber connecting data centers .

“We are investing in quantum security to ensure we are prepared as quantum technologies mature. We are preparing a dual remediation strategy that incorporates both post-quantum cryptography and QKD,” said Lori Beer, Global Chief Information Officer at JPMorgan Chase. “This implementation of a high-speed quantum-secure crypto-agile network could enable new security capabilities beyond secure key exchange. Importantly, with this new development, we have taken QKD out of the lab and demonstrated that it can support high-speed private networks. Production-level environments for financial services.”

This quantum network extends previous QKD work led by JPMorgan Chase, Toshiba and Ciena which demonstrated, for the first time, how to build quantum photonics technology capable of supporting mission-critical applications. This work holds great promise for information security in the quantum era.

This work was presented at Optical Fiber Communications 2024 (OFC’24) conference. The complete document, just published on arXivillustrates all the details of this new contribution.

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