Quantum computing is set to destroy crypto. Could cloud-based quantum-proof encryption be the solution?

While still in its early stages, Quantum Computing is expected to revolutionise problem-solving and data processing, casting a looming threat over current blockchain encryption methods. Amidst the uncertainty, cloud-based quantum-proof encryption rises as a tentative solution to quantum threats to blockchain cryptography. Before we delve into its profound implications for cryptocurrencies, let’s cover the basics.

The Power of Computing Systems

Computers are essentially...

Quantum Computing as-a-Service launched in UK

Ilana Wisby, Oxford Quantum Circuits.

Oxford Quantum Circuits (OQC), which unveiled the UK’s most advanced superconducting quantum computer in 2018, has launched the UK’s first Quantum Computing-as-a-Service (QCaaS) platform.

In a boost for the UK’s ambitions to be a global quantum superpower, as well as for businesses looking to explore the increasing commercial and technical benefits of quantum computing,  today’s announcement is the latest in a series of firsts for the company.

Having built...