JPMorgan unveils research on quantum resistant blockchain network By Cointelegraph
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U.S. banking giant JPMorgan Chase (NYSE:) has unveiled research on a Quantum (NASDAQ:) Key Distribution (QKD) blockchain network that is resistant to quantum computing attacks.
QKD utilizes quantum mechanics and cryptography to enable two parties to exchange secure data and detect and defend against third parties that are attempting to eavesdrop on the exchange. The technology is seen as a viable defense against potential blockchain hacks that could be conducted by quantum computers in the future.
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U.S. banking giant JPMorgan Chase (NYSE:) has unveiled research on a Quantum (NASDAQ:) Key Distribution (QKD) blockchain network that is resistant to quantum computing attacks.
QKD utilizes quantum mechanics and cryptography to enable two parties to exchange secure data and detect and defend against third parties that are attempting to eavesdrop on the exchange. The technology is seen as a viable defense against potential blockchain hacks that could be conducted by quantum computers in the future.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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