In today’s India Edition, Natalie Obika Pearson looks at how millions of Indians are exposed to online frauds in the absence of sufficient guardrails. https://t.co/ThQABuVgGw ...

Online Fraud Threat - Online frauds are a growing threat, costing over $300,000 every second globally [1] - Position-based cryptography can prevent countless scams by ensuring website authenticity [3] - Secure position verification can also secure areas beyond online fraud, such as wartime situations [4] Quantum Technology Solution - Classical information can be copied, making secure position verification challenging [6][7] - Quantum information, using qubits, cannot be perfectly copied due to the no-cloning theorem [8] - Quantum position verification requires secure communication via entanglement-based quantum communication networks and position-based authentication using light speed communication [9][10] Quantum Entanglement - Quantum entanglement links particles, influencing them instantly regardless of distance [11] - Entanglement-based quantum security is unhackable, even with quantum computers [16] - Entanglement ensures privacy, as any attempt to steal information disrupts the quantum state [15] Quantum Networks and Quantum Internet - Multi-node quantum networks connect verifiers and provers, enabling secure information transmission [16] - Quantum networks offer unprecedented security and powerful computation for sectors like banking, finance, defense, telecommunication, and healthcare [17] - Quantum internet complements the classical internet, offering ultra-secure communication and distributed quantum computing [18] Quantum Network Development - Practical quantum networks are being developed globally, including in India [20] - Research groups have developed entanglement-based hybrid multi-node quantum networks spanning hundreds of kilometers [20] - The goal is to integrate quantum networks with existing classical networks, leading to a future unhackable quantum internet [22]