Tagged: quantum computers

Threat of Quantum Computing to Bitcoin Should be Taken Seriously, But there’s Enough Time to Upgrade Current Security Systems, Experts Claim

LocalBitcoins, a leading peer to peer (P2P) Bitcoin exchange, notes that with the advent of quantum computing, there have been concerns that this new technology could be a threat to existing online protocols. Some experts claim that powerful quantum computers might become a legitimate threat… Read More

Quantum Resistant Ledger Partners with Insight’s Quantum Cryptography Research Unit, Hires Senior Marketing Professional

The Quantum Resistant Ledger (QRL) Foundation, which is an organization that has developed a quantum-secure blockchain network and digital asset platform, has teamed up with Insight’s quantum cryptography research division. Both organizations will be working on global standards for QRL’s “quantum-secure” Proof-of-Stake network, which is… Read More

NEASQC, a Quantum Computing Project, Aims to Create Financial Use Cases with a “Practical” Quantum Advantage

The NExt ApplicationS of Quantum Computing (NEASQC) initiative aims to bring together a multidisciplinary consortium of academic and tech industry professionals focused on quantum computing, high-performance computing, artificial intelligence (AI), energy management, and various other sectors. As mentioned in a release: “NEASQC aims to demonstrate… Read More

Quantum Resistant Ledger Team Performs Proof of Stake Updates, Says “Massive Advances” were Recently Made in Quantum Computing

The team at Quantum Resistant Ledger (QRL), which claims to be the “first-of-its-kind,” post-quantum value store and “decentralized” communication layer that’s proactively tackling the threat from quantum computers, has confirmed that x41 D-Sec has started their audit of project enQlave, which is an Ethereum (ETH)… Read More

Quantum Computer Developed by Chinese Physicists May Achieve Quantum Supremacy One Million Times Greater than Sycamore from Google

The team at Quantum Resistant Ledger (QRL), a post-Quantum value store and decentralized communication layer, notes that there’s recently been what appears to be “another quantum leap” in the field of quantum computing. The QRL team states: “The team at @ustc potentially achieved ‘quantum supremacy’… Read More

Quantum Resistant Ledger, a Post-Quantum Value Store and Decentralized Communication Layer, to have its Ethereum Web Wallet Audited

The team at Quantum Resistant Ledger (QRL), which claims to be the “first-of-its-kind,” post-quantum value store and “decentralized” communication layer that’s proactively tackling the threat from quantum computers, reveals that x41 D-Sec has been contracted to audit project enQlave. As explained by the QRL team,… Read More

Major South Korean Daegu Bank and SK Telecom, the Nation’s Largest Wireless Carrier, are Working on 5G enabled Quantum Cryptography Tech

South Korea-based DGB Daegu Bank, which is part of the DGB Financial Group (DGBFG), a banking holding company based in Daegu, has partnered with SK Telecom, a South Korean wireless telecommunications operator. Through the partnership, both organizations aim to enhance Daegu Bank’s IM Bank app’s… Read More

BBVA Continues to Work on Quantum Computing Data Projects, also Collaborating with German Fintech Rubean to Trial Contactless Payments Solution

BBVA, a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, is reportedly planning to conduct trials of its new software that allows merchants to take contactless payments via their Android mobile devices, without having to install… Read More

Financial Giant BBVA Shares Results of Quantum Computing Tech Proof of Concepts for Improving Currency Aribtrage, Porfolio Management

BBVA (Banco Bilbao Vizcaya Argentaria, S.A.), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, has introduced the results of six proof of concept (PoC) trials that leverage quantum computing for several different potential business use… Read More

Ethereum (ETH) Might Not have Quantum Resistance on its Roadmap, the QRL Team Reveals

The developers at Quantum Resistant Ledger (QRL), an externally audited “enterprise-grade” blockchain platform that claims to be secure against a potential (future) attack from quantum computers, stated that Ethereum (ETH) could go quantum computer resistant through “a unique smart-contract.” The QRL team said that a… Read More

Quantum Computers Could “Completely Shatter” the Current Internet Security Systems Protecting Bitcoin (BTC) Network, Digital Payments, IoT Devices: Report

  Nobody really knows when Bitcoin (BTC) and other cryptocurrencies will be “vulnerable” to the threat from quantum computers, according to most experts in the field. Twitter and other social media users have been warning and reminding people that we should stay informed about the… Read More

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