According to the latest news from Bloomberg, the US government is likely to require companies it collaborates with to have the ability to protect their data and technologies from attacks by quantum computers as early as July this year.

JPMorgan Chase recently announced that it has successfully implemented a high-speed quantum-secured crypto-agile network (Q-CAN), connecting two data centers over deployed fibers. Its third quantum node has also been established, currently serving as a next-generation quantum technology research platform for testing banking and financial applications. The Q-CAN network utilizes quantum key distribution (QKD) technology to protect multiple independent high-speed virtual private networks (VPNs).

Recently, the lawmakers on Cyber Innovative Technologies, and Information Systems (CITI) of the House Armed Services Subcommittee have been promoting the establishment of a military-focused Quantum Computing Center of Excellence(COE) to help the U.S. Department of Defense strategically scale the technology and build on current momentum. If this new provision is passed, the Quantum COE will be established within 10 years after the enactment of the legislation.