Walter Raquet, Chairman and CEO of Symmatrics

Yuval Boger interviews Walter Raquet, Chairman and CEO of Symmatrics, a company that has revived the one-time pad symmetric key encryption concept — once used exclusively by US intelligence agencies — and brought it to the modern times. Walter explained how their system eliminates passwords and reusable credentials by wrapping every transaction in unique keys that are used once and destroyed, making it fundamentally different from today's math-based asymmetric encryption. We discussed their key distribution center, their hardware-based "quantum protected network," their ongoing work with NIST to achieve certification ahead of the government's 2027 quantum-resistance deadline, and much more.