Slashdot Mirror
First Bank Transfer via Quantum Cryptography
An anonymous reader writes with today's announcement that "the Austrian project for Quantum Cryptography made the world's first Bank Transfer via Quantum Cryptography Based on Entangled Photons; see also Einstein-Podolski-Rosen Paradoxon." (For more background, see the recent Slashdot post "Quantum Cryptography Leaving the Lab.")
Yes, but... what will I now need to decode my bank statements?
Wouldn't checking if the transfer went through alter your balance? :-P
...I can't observe my checking account balance without lowering it.
So the transaction slip presumably says:
Your transaction number has a 90% probability of being between 8765432 and 8765478.
Have a 75% nice day.
Craig Steffen
http://www.craigsteffen.net
Due to Insufficient Cat.
When in doubt, mod +1 funny and pray
... there has been a bank error in your favour. Collect $200. :)
Was for +/- $100i
Thank you for your patronage.
Sure but would they still charge a fee for using "out of our network" ATMs?
I'll give you my entangled photons in exchange for chocolate.
"If you think you have things under control, you're not going fast enough." --Mario Andretti
At the University concluded a study which finds quantum cryptography is a lot better than plain cryptography. Please FAX bank account via quantum cryptography to KWEISE MFUME at +34 79 345 8792 for full article.
Looking forward to hearing,
Letter
are only good for small change...
MP3 Search Engine
Man arrested in connection with bank transfer fraud, he reportedly stole 1.2 million dollars using a flashlight
Thats some damn complicated stuff, there! I hope the technicians who fix the ATM machine know about phuton criptography. I may know how to program with code, but damned if i know how futons work!
http://github.com/gbook/nidb
I wouldn't be so certain of that.
Nah, back to those good ol' electrons.
So then the money has been both transfered and not transfered? That sounds like an argument waiting to happen.
"Have you ever thought about just turning off the TV, sitting down with your kids, and hitting them?"
The more accurately you know how much money to send, the less you know about where to send the money.
Yeah, but filling out the slip for "1/sqrt(2) |deposit> - i/sqrt(2) |withdrawal>" is a pain, and thanks to the epoch of inflation my balance is now much smaller than the rest of the universe... luckily, even in an income vacuum my balance randomly jumps up, but only for REEEEAAALLLLYY short lengths of time. I've been hawking radiation for a while but everyone says it's just a two slit operation.
Okay, I'm done now.
[TMB]
Well, first I'd like to secure a small loan to fly to the Bahamas... and then I'll let you know :)
first Bank Transfer via Quantum Cryptography Based on Entangled Photons
I would expect transfering some data would be pretty ok, but they entangled and transfered a bank? Unbelievable. Did some bank office clerks survive their quantum encryption?
There you are, staring at me again.
Don't look to closely at your account balances, lest they become more uncertain.
This principle is generally true in classical economic transfers as well: Bill Gates keeps having lots of money, but I only sometimes have money; I know I owe lots of money to my bank for student loans, but I only have a suspicion that my friend owes me 50 cents.
Erik
YOU ARE SAYING IMPUDENCE TO ME! THAT IS IMPUDENCE!
It will be cool one day, imagining that for a brief moment, the photons, being in a superposition of states, *could* be transferring all the known wealth of the universe to my bank account. Sadly, when observed, minus service fees, it's probably only like a buck-fifty.
Anybody want a peanut?
Now someone can be both Miriam Abacha AND Sese-Seko in their 419 scams at the same time!
For your security, this post has been encrypted with ROT-13, twice.
They want their disproven 'ether' theory back.