World Premiere Bank Transfer via Quantum Cryptography Based on …

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World’s first bank transfer encoded via quantum cryptography. … demonstrate quantum cryptography with entangled photons world-wide (1998). Monyk’s new, …

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Vienna, 21. April 2004
World Premiere: Bank Transfer via Quantum Cryptography Based
on Entangled Photons
Press conference and demonstration of the ground-breaking experiment:
21 April 2004, 11:30, Vienna City Hall - Steinsaal
A collaboration of:
group of Professor Anton Zeilinger, Vienna University; ARC Seibersdorf research
GmbH; City of Vienna; Wien Kanal Abwassertechnologien GmbH and Bank Austria -
Creditanstalt
Today, the Bank Austria Creditanstalt has, on behalf of the City of Vienna, performed the
World’s first bank transfer encoded via quantum cryptography.
This novel technology was demonstrated by the group of Professor Anton Zeilinger, Vienna
University in collaboration with the group Quantum Technologies (Information Technologies
Division) of Seibersdorf research. The bank transfer was initiated by Vienna’s Mayor Dr.
Michael H?pl, and executed by the Director of the Bank Austria Creditanstalt, Dr. Erich
Hampel. The information was sent via a glass fiber cable, laid by the company Wien Kanal
Abwassertechnologien from the Vienna City Hall to the Bank Austria Creditanstalt branch
office “Schottengasse”.
Entangled photon pairs enable absolutely secure transfer of information
In quantum cryptography, a data key for encoding messages is created using quantum
technologies. It provides solutions for two problems yet unsolved by today’s commonly used…