Why Quantum Computing Isn’t a Threat to Cryptocurrency… Yet
Blockchain technology will most likely evolve to tackle the issue of quantum security by the time quantum computers are widely available.
Study Indicates Quantum Attack on Cryptocurrency Could Reek a 99.2% Collapse in Value?
Everyone was stunned when the new mayor of New York City Eric Adams announced he was planning to receive his first three paychecks in Bitcoin, the cryptocurrency that’s been dominating the financial headlines for the past year. The mayor of Miami, Francis Suarez, had already announced he would accept his first paycheck 100% in Bitcoin. The mayoral announcements are still more signs that cryptocurrencies are no longer esoteric investments for the super-rich (or super-crooks) but have entered the financial mainstream. Back in May Deutsche Bank pronounced Bitcoin the third biggest world currency in terms of circulation. Only the euro and the U.S. dollar are bigger.
When – If Ever – Quantum Computing Arrives, Could it Kill Blockchain?
The introduction piques our interest. Quantum computing may be here in 5 years – or 15 years – and that has been said for a number of years now. The spectre of quantum computing over blockchain may be more myth than reality — at least for a long time to come. Or maybe not. But […]
Migrating to Quantum Safe Cryptography Better Done Today Than Tomorrow
IBM: Governments and enterprises need to migrate to quantum safe cryptography today Read More… + As more and more practical applications of quantum computing emerge, we sat down with IBM researcher, Waheeda Saib to understand how this technology can help address difficult optimisation problems in finance and supply chains and boost the power of machine […]
Quantum Threat to Blockchain Addressed by Cambridge Quantum, Tec de Monterrey and IDB Lab
The Inter-American Development Bank and its innovation laboratory, IDB Lab, together with Cambridge Quantum (CQ) and Tecnológico de Monterrey have identified and resolved potential threats to blockchain networks posed by the advent of quantum computer development. In response to these threats, the project team developed a cryptographic layer that allows blockchain networks to protect themselves from this new generation of computing technologies.
Is Quantum Computing’s Spectre Over Cryptocurrency a Bona Fide Concern?
Here’s How Quantum Computers Will Really Affect Cryptocurrencies Read More… + There’s been a lot of focus recently on encryption within the context of cryptocurrencies. Taproot being implemented in bitcoin has led to more cryptographic primitives that make the bitcoin network more secure and private. Its major upgrade from a privacy standpoint is to make […]
Australia and India to Work Jointly to Enhance Critical Quantum Technology Diplomacy
Australia announces cyber projects with India under AICCTP Read More… + Melbourne: Australia announced three cyber projects with India as it launched its International Cyber and Critical Technology Engagement Strategy, setting the goal for a safe, secure and prosperous Australia, Indo-Pacific and the world. + “At the heart of the strategy is the prioritisation and […]
Canada’s Quantum Numbers Corp Reveals Plans to Commercialize Its Quantum Random Number Generator
Quantum to Commercialize Its First QRNG Product to Address Cybersecurity Threats in the Data Centers, Blockchain and Bitcoin Industries Quantum Numbers Corp. (“Quantum” or the “Corporation”) (TSX-V: QNC; OTCMKTS: QNCCF; F: 34Q) is pleased to announce its intention to commercialize its first QRNG product to address cybersecurity threats in the data centers, blockchain and Bitcoin […]
Fidelity Exploring FinTech from Virtual Reality to Quantum Computing
The worth in this piece from the quantum computing standpoint is simple: Fidelity is testing out a new crypto data platform. It’s born out of the Fidelity Center for Applied Technology. FACT is the same location where Fidelity is known to be studying quantum computing. Some quick research turned up little as to what Fidelity […]
Xi Jinping: Quantum Sci & Tech is of Scientific and Strategic Significance
Now on Beijing’s wishlist: quantum technology Key points… + Every one or two months, China’s Politburo, an elite group of China’s top 25 leaders, holds a “study session,” inviting external experts to lecture on topics ranging from archaeology to finance to legal systems. But on Oct. 16, they covered a somewhat novel topic: quantum technology. […]