Tag: quantum computing

Could IBM’s Universal Quantum Computing be a Threat to Bitcoin?

Quantum computer is a technology trend that can have a major impact on our society. Although the broad effect of quantum computing remains to be determined, IBM is rolling out their universal quantum computer service to the world. An intriguing development that may have significant consequences for the bitcoin network as well. IBM’s Global Quantum Computing Service Is Coming Up until a few years ago, it seemed impossible to think of …
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AI And Quantum Computing Pose No Threat To Cryptography, Experts Say

Quantum computing and artificial intelligence have seen significant gains over the past few years. Some people have grown concerned about what this means for the cryptographic sector, as powerful quantum computers could virtually break any type of encryption we know today. Various cryptographers feel these potential repercussions are overstated. Moreover, they feel AI and quantum computing may not affect computer security all that much in the long run. Cryptographers Are …
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Quantum Computing is Coming in 10 Years

Quantum computing is one of the many scientific industries of great interest to a few bitcoin enthusiasts. Although it is doubtful a quantum computer would ever be used to mine cryptocurrency, any advancement made in this sector make it easier to potentially break currently used encryption standards. One of the latest quantum computing breakthroughs is capable of creating the new technological revolution our society direly needs. Quantum Computing Is The …
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Irish Teen Introduces New Encryption System Resistant to Quantum Computers

Shane Curran, fifth year student at Terenure College introduced a project called “qCrypt,” a quantum-encrypted data storage solution that is resistant to quantum computers. Over the past two years, discussions on quantum computing have been highly controversial as experts claimed that the utilization of quantum computers can break the majority of public-key cryptography algorithms and systems that are in use today. NSA Warns Quantum Computing The National Security Agency (NSA) …
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