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Without quantum security, our blockchain future is uncertain -Breaking

by Mike Robinson

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The news that two Chinese teams have published their research Attained quantum advantage — a technical term for when a computer can perform functions beyond that of a classical computer — may be the signal that we have truly entered a new era. While Google’s 54-qubit quantum processor, Sycamore, becameThe first known instance of quantum computing in its early stages, this latest information from the University of Science and Technology of China (Hefei) is the most convincing proof that we are now at the information crossroads.

However, these new developments are not without their risks. While we might all eagerly await the day when we can predict traffic jams, consign animal testing to the history books, or pinpoint someone’s likelihood of getting cancer and then engineer a unique treatment⁠ — all in seconds ⁠— its tremendous power has a dark side.

David ChaumOne of the most prominent blockchain researchers, Dr. Chaum is also a well-known privacy advocate and cryptographer. Known as “The Godfather of Privacy,” Dr. Chaum first proposed a solution for protecting metadata with mix-cascade networks in 1979. The first blockchain protocol was proposed by Dr. Chaum in 1982 during his University of California Berkeley dissertation. Dr. Chaum was the creator of eCash (the first digital currency) and many other contributions to secure voting in the 1990s. Dr. Chaum, who has been researching cryptography for decades, is now the Founder and CEO of Elixxir and Praxxis. He also founded the xx network. This network combines his years of experience and contributes in privacy and cryptography to provide state-of the-art blockchain solutions.