A New Way to Protect Blockchain With Quantum Network?

A team of quantum computing engineers say they have successfully shown that a powerful, newly-developed encryption network can be used to protect communications on the blockchain.

25 February 2022

The group of researchers from JPMorgan Chase & Co, Toshiba Corp and Ciena Corpsay say it is the first time that a quantum key distribution (QKD) network, a super-secure two-way communication network powered by quantum physics, has been tested as a way to protect the blockchain from quantum computing attacks.

Quantum computers, which can process information and calculations at a radically faster rate than classical computers, are still being developed, and so experts say quantum computing cyberattacks are still some years away, but researchers already work on their prevention.

Read more: JPMorgan, Toshiba, Ciena find new way to protect blockchain with quantum network by Elizabeth Dilts Marshall