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Wednesday, December 17, 2014

Dutch University unveils 'fraud proof' credit card concept

With card fraud increasing all the time, making bank cards fraud-proof is something of a holy grail for security experts, but a Dutch university has reportedly made great steps towards making the dream a reality by utilizing quantum physics, reports PC World.
Researchers at the University of Twente have published a paper entitled “Quantum-Secure Authentication of a Physical Unclonable Key” in which they discuss their research. It works using photons’ ability to encode data in a way that attackers cannot crack. It “exploits a property of photons that allows them to effectively be in multiple places at once, a phenomenon described in quantum physics,” explains PC World.


Dutch University unveils 'fraud proof' credit card concept

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