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Blockchain Must Solve These 3 Issues to Avoid Quantum Threat: Expert

“Blockchain community should immediately begin working on three issues to prevent being overtaken by quantum computers, a cryptography expert says” writes Helen Partz for According to the expert, the first direction is a standardization process of the “quantum-resistant” cryptography developments.But those who believe that its simple existence is a death knell for blockchain fail to consider that the latter will grow and evolve alongside quantum computing.As such, Fan outlined three major directions for the blockchain community to be addressed as soon as possible, including standardization of “quantum-resistant” cryptography, cryptographic agility and blockchain governance.While reiterating that short-term developments in quantum computing are “modest,” Fan urged that blockchains will have to keep pace to avoid being overtaken by quantum computers as they grow and improve.

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