“Q-Day” gets closer with every quantum computing breakthrough.
The World Economic Forum (WEF) recently issued a stark warning concerning the potential vulnerability of central bank digital currencies (CBDCs) to decryption attacks from quantum computer systems.
Quantum computers are largely still in the experimental phase. Various proofs-of-concept exist, and a handful of laboratories claim to have solved bespoke problems with quantum systems that traditional, binary computers couldn’t solve within a reasonable amount of time.
But for the most part, there’s still a bit of time between now and “Q-Day,” the hypothetical point at which bad actors will be able to crack standard encryption with quantum computers.
