Alibaba and Chinese Academy of Sciences Work On Quantum Cryptography

Alibaba collaborates with Chinese Academy of Sciences to work and develop quantum cryptography.

Alibaba has taken an initiative to help the cause of the data senders and receivers. The Hangzhou-based organization and Chinese government’s affiliate Chinese Academy of Sciences would jointly work on the research and development of practical softwares of quantum cryptography for safeguarding the transmission of information.

 In July, the online trading giant’s cloud computing unit, Aliyun, and the education institution, jointly founded a Shanghai-based quantum-computing lab. With the latest announcement, the collaborators have commenced R&D and have planned to initiate the huge scale authentication experiments by the latter part of this year. The proclamation does not include a final deadline, but the technical features developed by the two would be employed to enhance the consistency of the enterprise’s cloud facilities.

Alibaba news revealed that several countries are making efforts to pioneer quantum cryptography, a modernized system of encryption. The joint efforts made in the second largest economy would only intensify the race with countries, such as United States and Japan. The Chinese giant also made an announcement to initiate the business of supporting entrepreneurs utilizing the cloud, in a partnership with the Taiwan-based electronics manufacturer, Foxconn Technology Group.

Alibaba news today exclaimed that the e-commerce organization would share its expertise for the analysis of big data, and Foxconn would provide its knowledge of patenting, parts supply network, and product design. A number of other highly advanced organizations, such as Microsoft Corporation and Google, are also making similar efforts.

Alibaba Breaking News disclosed that both the businesses have previously tied up at a time when one was attempting to extend its cloud operations beyond the most populated country to the USA. In those days, the Southeast Asian trading enterprise had proclaimed that it would make an investment worth $1,000,000,000 to sponsor that growth.

An official of Aliyun stated that a part of the invested funds would finance the organizations’ joint efforts. The news about the R&D was made at a time when Alibaba Pictures Group (APG) has disclosed its plans to invest about $157m (1 billion Yuan) in a venture to facilitate young movie producers across the globe for three years.

This initiative – a tie up between Communication University of China, Youku Tudou, APG, and Beijing Film Academy – would train moviemakers of aged less than 45 years in different parts of the world, stated APG’s CEO Zhang Qiang.

Mr. Quiang leads the Chinese film company, which was previously named China Vision Media. In the later part of 2014, Alibaba purchased a major stake in the organization and since then, it is known as Alibaba Pictures Group. It could be assumed that this technology-friendly initiative would please its experts and enthusiasts. The size of the company makes it a center of attraction for analysts as well.