“Quantum computing [the use of quantum mechanics to
run multi-processing calculations] is still nascent to be sure. But one message
from the WEF [World Economic Forum] discussion was crystal clear: when quantum
computing takes off, it will be able to break current encryption systems. Yes,
you read that right. Our bank accounts, emails and other transactions will be
vulnerable to hackers. So will digital assets, such as bitcoin, since most
blockchains rely on similar encryption techniques.”—British columnist and
editor Gillian Tett, “Notebook: Encryptogeddon Is Coming for Us All,”
The
Financial Times, June 4-5, 2022Hmmm…hacks…you mean it can get worse than it is
already?
Great. Just what we need…
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