Chapter 1204

The Asia Pacific Network Information Security Summit came to an end, at which a resolution was adopted to finalize a new international encryption algorithm standard.

With reference to this standard, communication departments of various countries will upgrade a series of systems with potential security risks, such as finance, Internet, etc., and replace more secure quantum encryption algorithm according to their own needs.

Of course, most countries directly copy the QS2000 encryption algorithm proposed by China.

After all, this thing and quantum computer are made by Professor Lu. Probably no one knows better than him how to defend the network attack launched by quantum computer.

In any case, Professor Lu's achievement in mathematics is a little higher than that in physics.

Even if it's for psychological comfort, it's better than nothing.

California, North America.

At Subcom's headquarters, a board meeting is about to be held.

When he entered the meeting room and sat down, the expression on CEO marcati's face sank into the water, without any trace of ease. Even if he tried to make himself look more comfortable with the current situation, he could not do it at all.

Things have been very bad recently.

The No.3 Asia Pacific cable project failed, the company's share price fell continuously, and the profit could not meet the expectation. Although some of this was caused by the external environment, it can not be ignored that the board of directors did not see any chance to reverse the situation at all.

In particular, East Asia Communication has completed the merger and reorganization of domestic communication enterprises, and is aggressively entering the international market.

There is no doubt that these giants, who have monopolized the market for decades, are facing the most severe crisis ever.

Just a few days ago, at the just concluded Asia Pacific Network Information Security Summit, China has joined forces with more than 50 countries to set up the "new global submarine optical cable committee", abbreviated as gsoc. At the meeting, it planned a quantum optical cable across the Pacific, through Central America, connecting the Atlantic Ocean, across the Mediterranean Sea, and across the Indian Ocean along the Tropic of cancer.

And this 50 billion dollar cable has nothing to do with them.

Not only that, the United States, which originally opposed the submarine quantum cable, suddenly became ambiguous.

At least Congress has decided to leave the White House aside and let the Federal Communications Commission come out to discuss "Internet access" with China.

National interests are important, but they must be based on the premise of protecting the interests of Wall Street.

If Wall Street loses control of the global economy, the United States, which has turned the service industry into a pillar industry and will go to the end of industrialization, can never support the current economic scale. Once such a thing happens, its consequences will be unimaginable.

No surprise, this absolutely confidential technology is the future trend.

After all, the data transmitted by traditional optical cable has no secret in front of quantum computer. It only needs to cooperate with a nuclear submarine to do data collection, and it can monitor the communication of the whole line without anyone discovering it.

By virtue of the computing power of quantum computers, people who collect data also have the ability to select useful parts from the ocean of data.

If we can't guarantee the basic security, we can't talk about credit at all.

"Mr. markati," said Bob Carter, the chairman of the board, looking up at markati, who was sitting at the conference table, with his eyes fixed on him, tapping his notebook with the pen cap, "you are finally here."

Trying to resist the pressure in the sight, marcati said, his face taut.

"Work is a little delayed. Can we start?"

"Sure, but before the meeting, I want to ask you something."

"What is it?"

"We learned that in the global undersea cable project, our company seemed to be completely excluded from the outside, without any progress," Carter said with a slightly higher volume. "Is that so?"

Guessing that the chairman would ask this question, markati took a deep breath and tried to defend himself, but after thinking about it for a while, he didn't think how to do it, so he reluctantly said.

"We are trying."

Carter nodded and continued.

"I appreciate your efforts, but there are some things that can be solved not just by your efforts. We need to see the results, rather than poor financial results and falling stock prices."

Marcati: "financial statements and stock prices don't represent everything. A lot of things are invisible. We have entrusted the Quantum Communication Research Institute of Argonne National Laboratory to jointly develop the quantum repeater technology, until we have solved the most critical technical bottleneck -- "

Carter asked pointedly.

"How long will it take?"

Marcati's tone was stagnant and silent for a minute.

“…… I can only assure you that it will be possible within two years. "

"It seems that you are still honest. You can solve the problem without fooling me for three months," the chairman nodded, and carelessly left the report in his hand aside. "Unfortunately, honesty and hard work can't solve any problem."Malkati fell silent, his fist under the table squeezed unconsciously, and then slowly released.

"You're right."

Carter: is there a solution

Looking at markati, who was in silence, Carter sighed, and his face showed the same expression.

Although he can't be blamed for this, the fact is that they have to make some changes to survive.

Even though, they may have to make some sacrifices.

"EAC has provided us with an interesting proposal," gestured to his secretary, and Carter took a contract from him and gently placed it on the table. "A financing proposal worth about 20 billion dollars."

20 billion!

Many people in this room took a breath of cool air.

In particular, the small shareholders who have just heard the news and whose shares are not very high, are not only taking a breath of cool air, but also changing their faces.

East Asia Communications shares.

It's hard to say what impact the major shareholders will have. After all, they will definitely reach some agreements with eac that they don't know. But it's definitely not a good thing for these minority shareholders, and for trust companies that own shares in Subcom.

But in order to survive, the board of directors obviously intends to sacrifice their interests

"You can't accept it!"

Almost reflexively, markati rose abruptly, his hands on the table, and said excitedly.

"This is a Chinese conspiracy. Although they do have some advantages in quantum communication technology, they are at least 20 years behind us in the laying and construction experience of submarine optical cable. Once those Chinese are allowed to enter our board of directors -- "

Carter:" you don't need to worry about this, the board of directors here will vote... "

"It's impossible for the Ministry of Commerce to approve," markati said in a threatening tone

As if he didn't hear that, Carter said in a casual tone, looking calmly at marcati, who was looking stiff.

“…… As for you, thank you for all you've done to Subcom over the years. East Asia Communications hopes to appoint a new CEO to facilitate business docking. "

"After the meeting, go to the financial department to settle the salary."

Looking at malkati, who was angry and slamming the door out of the conference room, and the board members who looked at each other, Carter sighed in his heart with a deadpan face.

Anyway, Subcom has lost.

In a short time, the whole submarine optical cable market will have a huge reshuffle. Neither Subcom nor NEC can prevent this change.

In fact, it is the same. NEC has exited the submarine cable market and started to focus on their basic panel electrical industry. Their old rivals in Europe are also trying to carry out industrial transformation and have laid off many employees.

Whether his decision today is right or not.

This is their only choice.