Tag: QuantumComputing

Cryptocurrencies have the potential to change finance, remove middlemen, and bring financial services to millions of unbanked people worldwide. However, the blockchain technology behind cryptocurrencies could be vulnerable if quantum computing evolves faster than efforts to hack-proof digital money. Cryptocurrencies are secured by a technology called public key cryptography. The system is ubiquitous, protecting your…

Quantum clouds are gathering on the horizon for the crypto industry, writes Emma Newbery on a Motley Fool. There’s a technological race going on: blockchain vs. quantum computing. Theoretically, major leaps in quantum computing could undermine the whole cryptocurrency industry – just as that nascent blockchain technology is entering the mainstream. But crypto experts are…

In ten years, quantum computers could be able to break into cell phones, emails, bank accounts, and Bitcoin wallets. Cryptography engineers are working on a new standard for quantum-safe encryption for the future. Hundred years ago, the quantum revolution in physics ushered the start of new science, which has made possible modern technological advances, such…