The European Commission announced that its Quantum Flagship Programme will contribute 10 million euro to the development of a blueprint for a future quantum internet. Applications of networks based on quantum entanglement include improving the security of for instance financial transactions, and could give inherently secure networks.

The blueprint will be developed by the Quantum Internet Alliance, a consortium of leading quantum research groups and high tech companies in Europe led by QuTech from Delft University in The Netherlands. The aim of the consortium is to develop the technology needed for such a quantum internet, ensuring a leading role for European industry in this emerging field of technology. The funds granted by the EC are part of a first phase of funding from the 1 billion euro ten year Flagship programme. 

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