Practical quantum tokens: challenges and perspectives
Nadezhda Kukharchyk, Holger Boche, Christian Deppe, Kirill G. Fedorov, Martı́n E. Garcia, Ilja Gerhardt, Rudolf Gross, Thomas Halfmann, Hans Huebl, David Hunger, Wolfgang Kilian, R. V. Kolesov, Juliane Krämer, Alexander Kubanek, Kai Müller, Boris Naydenov, Janis Nötzel, Anna P. Ovvyan, Wolfram H. P. Pernice, Gregor Pieplow, Cyril Popov, Tim Schröder, Kilian Singer, Janik Wolters
The concept of quantum tokens dates back alongside quantum cryptography to Stephen Wiesner’s seminal work in 1983. Already this initial work proposes society-relevant applications such as secure quantum banknotes, which can be exchanged between a bank and a customer. This quantum currency is based on various physical states that can be easily verified but is protected from being copied by the fundamental quantum laws. Four decades later, these ideas have flourished in the field of quantum information, and the concept of quantum banknotes has not only adopted many varying names, such as quantum money, quantum coins, quantum-digital payments, and quantum tokens, but also reached its first experimental demonstrations. In this perspective article, we discuss the current state-of-the-art of quantum tokens in the field of quantum information, as well as their future perspectives. We present a number of physical realizations of quantum tokens with integrated quantum memories and their applicability scenarios in detail. Finally, we discuss how quantum tokens fit into the information security ecosystem and consider their relationship to post-quantum cryptography.
The concept of quantum tokens dates back alongside quantum cryptography to Stephen Wiesner’s seminal work in 1983. Already this initial work proposes society-relevant applications such as secure quantum banknotes, which can be exchanged between a bank and a customer. This quantum currency is based on various physical states that can be easily verified but is protected from being copied by the fundamental quantum laws. Four decades later, these ideas have flourished in the field of quantum information, and the concept of quantum banknotes has not only adopted many varying names, such as quantum money, quantum coins, quantum-digital payments, and quantum tokens, but also reached its first experimental demonstrations. In this perspective article, we discuss the current state-of-the-art of quantum tokens in the field of quantum information, as well as their future perspectives. We present a number of physical realizations of quantum tokens with integrated quantum memories and their applicability scenarios in detail. Finally, we discuss how quantum tokens fit into the information security ecosystem and consider their relationship to post-quantum cryptography.
The concept of quantum tokens dates back alongside quantum cryptography to Stephen Wiesner's seminal work in 1983[1]. Already this initial work proposes society-relevant applications such as secure quantum banknotes, which can be exchanged between a bank and a customer. This quantum currency is based on various physical states that can be easily verified but is protected from being copied by the fundamental quantum laws. Four decades later, these ideas have flourished in the field of quantum information, and the concept of quantum banknotes has not only adopted many varying names, such as quantum money, quantum coins, quantum-digital payments, and quantum tokens, but also reached its first experimental demonstrations. In this perspective article, we discuss the current state-of-the-art of quantum tokens in the field of quantum information, as well as their future perspectives. We present a number of physical realizations of quantum tokens with integrated quantum memories and their applicability scenarios in detail. Finally, we discuss how quantum tokens fit into the information security ecosystem and consider their relationship to post-quantum cryptography.
The realization of devices that harness the laws of quantum mechanics represents an exciting challenge at the interface of modern technology and fundamental science. An exemplary paragon of the power of such quantum primitives is the concept of “quantum money” [Wiesner S (1983) ACM SIGACT News 15:78–88]. A dishonest holder of a quantum bank note will invariably fail in any counterfeiting attempts; indeed, under assumptions of ideal measurements and decoherence-free memories such security is guaranteed by the no-cloning theorem. In any practical situation, however, noise, decoherence, and operational imperfections abound. Thus, the development of secure “quantum money”-type primitives capable of tolerating realistic infidelities is of both practical and fundamental importance. Here, we propose a novel class of such protocols and demonstrate their tolerance to noise; moreover, we prove their rigorous security by determining tight fidelity thresholds. Our proposed protocols require only the ability to prepare, store, and measure single quantum bit memories, making their experimental realization accessible with current technologies.
Abstract Unforgeable quantum money tokens were the first invention of quantum information science, but remain technologically challenging as they require quantum memories and/or long-distance quantum communication. More recently, virtual “S-money” tokens were introduced. These are generated by quantum cryptography, do not require quantum memories or long-distance quantum communication, and yet in principle guarantee many of the security advantages of quantum money. Here, we describe implementations of S-money schemes with off-the-shelf quantum key distribution technology, and analyse security in the presence of noise, losses, and experimental imperfection. Our schemes satisfy near-instant validation without cross-checking. We show that, given standard assumptions in mistrustful quantum cryptographic implementations, unforgeability and user privacy could be guaranteed with attainable refinements of our off-the-shelf setup. We discuss the possibilities for unconditionally secure (assumption-free) implementations.
The practical implementation of quantum information technologies requires, for the most part, highly advanced and currently experimental procedures. One exception is quantum cryptography, or quantum key distribution, which has been successfully demonstrated in many laboratories and has reached an advanced level of development. It will probably become the first commercial application of quantum information. In quantum key distribution, Alice and Bob exploit a quantum channel to create a secret shared key comprising a random string of binary digits. This key can then be used to protect a subsequent communication between them. The principal idea is that the secrecy of the key distribution is ensured by the laws of quantum physics. Proving security for practical communication systems is a challenging problem and requires techniques that are beyond the scope of this book. At a fundamental level, however, the ideas are simple and may readily be understood with the knowledge we have already acquired. Quantum cryptography is the latest idea in the long history of secure (and not so secure) communications and, if it is to develop, it will have to compete with existing technologies. For this reason we begin with a brief survey of the history and current state of the art in secure communications before turning to the possibilities offered by quantum communications. The history of cryptography is a long and fascinating one. As a consequence of the success or, more spectacularly, the failure of ciphers, wars have been fought, battles decided, kingdoms won, and heads lost. In the information age, ciphers and cryptosystems have become part of everyday life; we use them to protect our computers, to shop over the Internet, and to access our money via an ATM (automated teller machine). One of the oldest and simplest of all ciphers is the transposition or Caesarean cipher (attributed to Julius Caesar), in which the letters are shifted by a known (and secret) number of places in the alphabet. If the shift is 1, for example, then A is enciphered as B, B→C, · · ·, Y→Z, Z→A. A shift of five places leads us to make the replacements A→F, B→G, · · ·, Y→D, Z→E.
The protection and security of information have always been and continue to be one of the major challenges we face today. Message encryption, digital signatures, financial and banking transactions, and the emerging cryptocurrency market are all threatened by the advancement of quantum computing and its potential ability to break the keys of current algorithms. Cryptographic environments based on public key encryption and digital signatures could be compromised by a sufficiently powerful quantum computer. Over the last decade, state organizations and companies dedicated to information technologies have made significant progress in the development of quantum and postquantum cryptography. This article aims to provide an overview of the advancements and evolution of quantum and post-quantum cryptography algorithms, highlighting their importance in creating secure encryption to mitigate the potential threats posed by quantum computing.
Quantum computing possesses capabilities beyond that of classical computers. Quantum cryptography can be a way to counter increasing computational powers. Traditional money can be counterfeited and is prone to fraud. Quantum money can be implemented to overcome the problems of traditional money. Using laws of quantum physics, it can create currencies which are impossible to replicate, and are easily verifiable. This paper talks about various Quantum Money schemes that have been introduced in the past, the impact it had, security issues and countermeasures related to it, the future possibilities and opportunities available with it.