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BlockNews
Home BUSINESS

Tech Experts Race to Safeguard Data Against Quantum Decryption Threat

Michael Juanico by Michael Juanico
January 25, 2024
in BUSINESS, CRYPTO, TECHNOLOGY
Reading Time: 2 mins read
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  • Quantum computers capable of breaking modern encryption are expected to emerge by 2030, posing a major threat to data security.
  • Quantum sensing and other applications may arrive sooner than encryption-breaking quantum computers, providing an early glimpse of quantum capabilities.
  • Quantum computing has immense but uncertain potential, with breakthrough “ChatGPT moments” likely to surprise experts, similar to recent AI advances.

In the coming decades, quantum computers capable of breaking modern encryption are expected to emerge. This represents a major risk to data security worldwide. However, other quantum technologies may arrive first and provide a glimpse of the quantum future.

JUST IN: CEO of SandboxAQ predicts the emergence of quantum computers by the end of 2030

Many believe quantum computing spells the end for blockchain encryption

Is quantum computing a threat to crypto?

— BlockNews.com (@blocknewsdotcom) January 22, 2024

When Will Scaled Quantum Computers Emerge?

Quantum computing experts predict scaled, error-corrected quantum computers by 2030. These systems could break RSA encryption, the standard used to protect sensitive data globally. Groups are already developing “quantum-safe” encryption algorithms to prepare.

Quantum Sensing – A More Immediate Application

Before encryption-breaking quantum computers, we may see quantum sensors. Quantum sensors could enhance GPS, medical scanning, robotics, and more by leveraging quantum effects like entanglement. Their arrival would showcase real-world quantum advantage.

Quantum Computing’s ‘ChatGPT Moment’

Like AI before it, quantum computing will likely have its breakthrough moments. ChatGPT recently surprised many experts, despite being based on old AI research. Similarly, scaled quantum computers could shock the world by suddenly demonstrating abilities assumed distant. The full potential of quantum tech remains unknown.

The Road Ahead for Quantum Tech

Quantum computing faces challenges but has immense promise. Its applications span security, medicine, energy, and beyond. While the threat of quantum decryption looms, beneficial quantum technologies may emerge first. The quantum landscape will likely look different than experts today predict.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: AIartificial intelligenceChatGPTQuantum ComputersTechnology
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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