In collaboration with the Open Innovation Centers, our R&D team is working hard with projects:

Quantum Cryptography

Quantum computers leverage the properties of quantum mechanics to process information exponentially faster than classical computers for specific tasks. This year, we’re seeing quantum computing being applied in areas such as cryptography, where it can potentially crack currently considered secure codes, and in drug discovery, speeding up the process by accurately simulating molecular structures. The technology is still nascent but poised to revolutionize industries by solving complex problems intractable for traditional computers.

Internet of Things (IoT) in Smart Cities

IoT technology in smart cities involves the integration of various sensors and devices that collect data to manage assets, resources, and services efficiently. This includes monitoring traffic and public transport to reduce congestion, using smart grids to optimize energy use, and implementing connected systems for public safety and emergency services. As cities continue to grow, IoT helps manage complexities and improve the living conditions of residents.

Blockchain Beyond Crypto

Initially developed for Bitcoin, blockchain technology is finding new applications beyond cryptocurrency. Industries are adopting blockchain for its ability to provide transparency, enhance security, and reduce fraud. Uses include tracking the provenance of goods in supply chains, providing tamper-proof voting systems, and managing secure medical records.

Edge Computing

Edge computing involves processing data near the source of data generation rather than relying on a central data center. This is particularly important for applications requiring real-time processing and decision-making without the latency that cloud computing can entail. Applications include autonomous vehicles, industrial IoT, and local data processing in remote locations