The race to secure digital assets is gaining urgency as governments and technology companies pour money into quantum computing, a field now tied closely to national security, cyber defense, financial infrastructure, and the wider technology competition between the United States and China.
The cryptocurrency industry has begun preparing for the risk that quantum computers may one day break the encryption used to protect digital wallets and blockchain transactions, Reuters reported. The concern has grown since March research from Google suggested that quantum machines capable of attacking current cryptography may arrive sooner than earlier estimates.
