SK Telecom-led Consortium Completes Roll-out of National Test Networks for Quantum Cryptography Communication
March 04 2016 - 10:52AM
Business Wire
SK Telecom (NYSE:SKM) announced today that a consortium led by
SK Telecom began operating national test networks for quantum
cryptography communication in five different areas in Korea.
In July 2015 SK Telecom-led consortium* has been chosen by the
Institute for Information & communications Technology Promotion
under the Korean Ministry of Science, ICT and Future Planning to
undertake a government-funded project on quantum cryptography
communication network.
* The consortium consists of Wooriro Co, Ltd., HFR Inc.,
National Security Research Institute, Electronics and
Telecommunications Research Institute, University of Seoul, KAIST,
Korea University, Gwangju Institute of Science and Technology, and
Quantum Information Communication Research Association.
The five national test networks cover areas between SK Telecom’s
Bundang Building and Seongnam District Center (17.8 kilometers
two-way); Bundang Building and Yongin District Center (68
kilometers two-way); Bundang Building and Suwon District Center (53
kilometers two-way); Bundang Building and Yangpyeong District
Center (107 kilometers two-way); as well as SuperSiReN network that
covers 11 kilometers (two-way) in Daejeon.
SK Telecom’s Quantum Cryptography System, developed since 2011,
is the most secure encryption method that uses quantum physics
instead of mathematics-based encryption algorithms being used
today. That is, it securely distributes a secret key to legitimate
parties. Here, a key is a table of random numbers shared by
legitimate users in such a way that the information is known only
to them, and secure means secure against any possible
eavesdropping, which is the highest level of security. The system
is expected to enhance security of critical network
infrastructure.
With the rise of the Internet of Things (IoT) in an increasingly
connected world, quantum cryptography technology is being
highlighted as a possible solution to a whole new set of security
challenges in the IoT era. Therefore, countries around the world
are actively conducting research and development activities to
develop quantum-based security system.
For instance, recently, the National Institute of Standards and
Technology (NIST) under the U.S. Department of Commerce published a
report stressing the importance of quantum resistant networking
cryptography schemes to protect against the rapidly involving
capabilities of Quantum Computers.
Going forward, the SK Telecom-led consortium plans to test
long-distance transmission (over 200 kilometers two-way) by
accumulating expertise and experience in operating the quantum
cryptography communication system and achieving optimization of
equipment performance for each different transmission distance. In
addition, the consortium plans to interconnect the existing test
networks while building new ones by 2018.
“SK Telecom consortium is proud to announce that it has
completed the rollout of five different national test networks for
national quantum cryptography communication that cover a combined
total of 256 kilometers,” said Alex Jinsung Choi, the Chief
Technology Officer and Head of Corporate R&D Center of SK
Telecom. “With the operation of the national test networks, we have
successfully moved beyond the technology development phase onto the
next stage where we test and verify the quantum cryptography
communication system to ultimately achieve its
commercialization.”
About SK Telecom
SK Telecom (NYSE: SKM, KSE: 017670), established in 1984, is
Korea’s largest telecommunications company with more than 26
million mobile subscribers, accounting for around 50% of the
market. The company reached KRW 17.137 trillion in revenue in 2015.
As the world’s first company to commercialize CDMA, CDMA 2000 1x,
CDMA EV-DO and HSDPA networks, SK Telecom launched the nation’s
first LTE service in July 2011. SK Telecom also became the world’s
first mobile carrier to commercialize 150Mbps LTE-Advanced in June
2013 and 225Mbps LTE-Advanced in June 2014 through Carrier
Aggregation(CA). In line with its efforts to swiftly move towards
the next-generation mobile network system, or 5G, it successfully
commercialized 300Mbps tri-band LTE-A CA. As of the end of December
2015, the company has over 18.98 million LTE and LTE-Advanced
subscribers. Based on its strength in network operations business,
SK Telecom is seeking new growth engines through three innovative
platforms namely Lifestyle Enhancement Platform, Advanced Media
Platform and IoT Service Platform. For more information, please
visit www.sktelecom.com or email to skt_press@sk.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160304005490/en/
MediaSK Telecom Co. Ltd.Cindy Kang(822) 6100-3836(8210)
9113-2344psyche@sk.comorEdelman KoreaRaphael Rashid(822) 2022
8228Raphael.Rashid@edelman.com
SK Telecom (NYSE:SKM)
Historical Stock Chart
From Mar 2024 to Apr 2024
SK Telecom (NYSE:SKM)
Historical Stock Chart
From Apr 2023 to Apr 2024