Tag Archives: Blockchain

Quantum Blockchain

Quantum enhanced blockchain – sooner than you think?

Future quantum computers will ultimately force blockchain solutions to adopt strengthened quantum safe crypto protocols. Rationally there remains plenty of time to act, but proponents need to get their transition stories in place to avoid being caught out as we near peak quantum hype. More positively, the nascent blockchain industry also stands to be among…

Quantum Outlook

Quantum Outlook 2019

2018 has seen rising awareness of the future potential of quantum technology. 2019 is set to see quantum computing in particular at the peak of its hype cycle. Fact Based Insight believes that investors should take a wide view of the sector to find value in the short, medium and long term. The road to…

UK Flag

Quantum Technology for a Global Britain?

The UK Quantum Showcase demonstrates why others around the world are seeking to copy the UK’s quantum technology approach. It’s little surprise that the UK government is providing additional funding of £315m over the next 5 years. The 2018 UK National Quantum Technology Showcase took place in the prestigious QEII conference centre overlooking London’s Parliament…

Quantum software

The central role of quantum software

Quantum thought leader Scott Aaronson reminds us that the challenge of achieving quantum advantage depends not just on breakthrough quantum hardware but also on mastering revolutionary new quantum software. Scott Aaronson is a professor of Computer Science at the University of Texas at Austin, and the founding director of its Quantum Information Center. An expert…

Bitcoin

Quantum attacks on Bitcoin and how to protect against them

Academics argue that Bitcoin could be subject to attack from quantum computers by 2027. There are plenty of ways to meet this challenge, but given recent experience how easy will the Bitcoin community find it to organise its response? A new paper from Aggarwal, Brennen, Lee et al. starts by underlining the strength of Bitcoin’s main…

Introduction to Quantum Safe Cryptography

Commercial transactions on the Internet and routine cyber security depend on the effectiveness of public key cryptography. Quantum computers will make existing standards obsolete. The impact of this starts now. The central technical pillar of online security is the use of secure cryptographic algorithms to encrypt data, passwords and identities, and so keep them safe…

The Second Quantum Revolution - Actions for Business

The Second Quantum Revolution – Actions for Business

A new wave of technology is set to take the world beyond binary 1 and 0. The post-digital era will bring transformational opportunities in many areas of business. Forward looking companies need to act to seize the possibilities and avoid the risks of this new order.