Chen Neeman of Enqode
episode
Israeli Technology Founders Speak: Conversations with Successful Israeli Hitech and Biotech Entrepreneurs
16 min
1 speaker
5 chapters
transcribed 15 days ago
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What is the quantum computing threat and why should businesses worry now?
This is Israeli Technology Founders Speak, a podcast of conversations with successful Israeli high tech and biotech entrepreneurs. With your host, Avraham Hermon.
Khain Neeman is the co-founder and CEO of ENCODE, an Israeli startup that protects company databases from quantum computing attacks, wrapping them in three layers of encryption to achieve what they call data immunity. Their system requires no downtime, no special expertise, and is built for any business that holds sensitive data. Avraham sat down with Khain to discuss the quantum. Threat, why companies need to start protecting themselves now, how ENCODE works, the team behind it, their funding, and their plan to become a unicorn, protecting billions of businesses worldwide. This podcast is a creation of JMB Davis Ben David, an intellectual property law firm serving clients around the world. You have great innovations.
We keep them safe. It's not enough to just have a great startup idea or innovation. If you don't legally protect your innovations, products, and brand, anyone can claim them as their own. We keep your great innovation secure. Learn more by going to jmbdavis.com. That's jmb d A V I S dot com.
Thanks for coming to my offices and meeting and talking about your startup. You're the CEO and co founder of ENCODE EN Q O D E. Yeah,
it's
ENCODE with a Q. Let's talk a little bit about quantum threat and what it is and why should I be worried about this now, today?
Let's start with to get a sense of what is a quantum computer. I don't want to go too deep, but there is two kind of computer in the world the traditional regular computer that we are using right now, everyone like we are using right now here in the conversation. And the next generation that coming is quantum computing. Quantum computing if regular computing use bits, then That use one or zero. Quantum computer can use both in simultaneously. So they can run very fast. Without going deep into the how it works, they can work from maybe more than 40,000 times faster than regular computer. Yeah. And the risk here and the good thing that they can run a calculation very fast. This is to get sense what is quantum computers.
So the good guys are
gonna have quantum computers, but also potentially people that want to pose a threat to others, steal information. They might also have quantum computing capabilities.
Yes, let's take for example medical experience. Medical experience with quantum computer, there is some experience that was done a couple of months ago that's supposed to take forty years. With quantum computing it took four hours. Wow. So this is the sense. And on the other hand, bad people can use it to harm uh businesses or breach databases. cases if we all protect ourselves with cyber system and most of them are mathematical riddle that quantum computing can guess very easily.
Okay, so you're saying standard cybersecurity is not sufficient for the age of quantum computing.
No let's take RSA for example. RSA is a protection based on mathematical readers from the eighties. Today it's probably something that one hundred percent protected. With quantum computing, it can be breached in approximately six hours when quantum computing will be something that will work with a lot of qubits, let's say in two years. from now, maybe less.
How does Enqode’s three‑layer post‑quantum encryption create “data immunity”?
You're saying quantum computing is gonna be operational already in two years from now, and based on that the threat will be available to people who want to uh hackers essentially.
Quantum computers actually works today. You can log into D Wave for example and to play half an hour for free with quantum computing. Google use quantum technologies, Amazon use quantum technologies. It actually works today with very low bits, but we are expecting that Gartner say, for example, then in two years quantum. quantum computer will be fully functional and actually can harm us. It's the day that quantum computer will be, let's say, operational, called Q Day. And Gartner says that Q Day will be in two years. Two years, okay. Two years?
Okay. So can you tell us how your system solves this problem?
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Chapters
5 chapters
1
What is the quantum computing threat and why should businesses worry now?
0:00–4:04
2
How does Enqode’s three‑layer post‑quantum encryption create “data immunity”?
4:04–8:17
3
Which types of organizations need Enqode’s protection the most?
8:17–12:32
4
How did Chen Neeman and Gilad Landau conceive the idea for Enqode?
12:32–16:10
5
What is the current status of Enqode’s product (MVP, beta, SOC 2, trials)?
16:10–16:17