MUMBAI, India, June 30 -- Intellectual Property India has published a patent application (202541057794 A) filed by Indian Institute Of Technology Madras Iit Madras on June 16, 2025, for Quantum Money Using Differential Phase Encoding.
Inventors include Anil Prabhakar; Ashutosh Kumar Singh; Nilesh Sharma; and Vaibhav Pratap Singh.
The application for the patent was published on June 26, 2026, under issue no. 26/2026.
Abstract: ABSTRACT QUANTUM MONEY USING DIFFERENTIAL PHASE ENCODING The present invention discloses a secure quantum money transaction system utilizing differential phase encoding of photons, ensuring inherent unforgeability and unclonability based on quantum mechanics principles. It involves three key parties: a trusted Bank,...