News

All ArticlesAll Articles

24.07.2023

CWEIC welcomes Arqit as the latest Strategic Partner

News

CWEIC welcomes Arqit as the latest Strategic Partner

CWEIC is excited to announce Arqit as our latest Strategic Partner and welcome Dominic Broom to the Global Advisory Council.

Arqit is dedicated to stronger, simpler encryption for networked devices, protecting the data of governments, enterprises, and citizens. Arqit supplies a unique quantum safe encryption Platform-as-a-Service which makes the communications links or data of any networked device or cloud machine secure against current and future forms of attack – even from a quantum computer.

The newest product, TradeSecure™, uses advanced cryptography and distributed ledger technology to enable businesses to finance their supply chains using highly secure referenceable digital negotiable instruments thereby enabling them to secure their supply chains and improve their cash flow at the same time.

Arqit was proud to lead an international consortium delivering the world’s first cross-border quantum-safe digital trade transaction between the UK and Singapore. The transaction involved the exchange of electronic trade documents, including a digital promissory note and an electronic bill of lading (eBL), and could be replicable across other Commonwealth trade corridors.

Dominic Broom joined Arqit as Senior Vice-President, Working Capital Technology in April 2022. A Board Member of the Institute of Export and International Trade, Dominic has worked in financial services for over 30 years, helping businesses optimise their working capital.

For more information about Arqit’s products, go to: https://arqit.uk/