Replies to post #65921 on Quantum Materials Corp. (fka QTMM)

[rodman]

Here is the majority of post.....Just makes mention of coming QD Tsunami!!


DJ BlackBerry CEO Says CIOs Must Prepare for Quantum Computer-Based Attacks

Oct 04, 2018 16:10:00 (ET)



By Sara Castellanos

NEW YORK CITY -- Quantum computing is still years away from being commercialized, but the time to worry about security implications is now, says John Chen, executive chairman and CEO at BlackBerry Ltd.

Security threats will loom large when powerful quantum computers become commercialized and have the capacity to crack today's commonly-used encryption methods -- and it's not too early to be investing in technology to reduce that risk, he said in an interview.

To help companies combat the future security threat posed by quantum computers, Mr. Chen on Thursday announced a so-called library of algorithms that are resistant against quantum computing attacks, which can be integrated into cars, medical devices, satellites and electric grids. The algorithms were developed with quantum computing security experts who estimate that within eight to 10 years, a large-scale quantum computer will be capable of breaking today's commonly-used encryption methods.

In the near future, cyber attacks are going to include those from powerful, next-generation quantum computing machines, Mr. Chen said. "We wanted to get ahead of that," he said.

Companies ranging from Alphabet Inc.'s Google to International Business Machines Corp. and Microsoft Corp. are all racing to build the world's first scalable, efficient quantum computer. China also has announced significant investments in the next-generation computing technique, which has prompted some U.S. lawmakers to advocate for more government funding to accelerate quantum computing research.

Classical computers, including supercomputers, use binary digits, or bits, which can either be 0s or 1s. Quantum computers, by harnessing the properties of quantum physics, use quantum bits, which represent and store information in both 0s and 1s simultaneously. The computers have the potential to sort through a vast number of possibilities -- more than the number of atoms in the universe -- to come up with a probable solution. The calculations could be completed as fast as a fraction of a second, though no scalable, fault-tolerant quantum computer has been built yet. While the technology has the potential to prevent traffic jams, speed up drug discovery for diseases and help scientists discover new, environmentally sustainable materials, it's also capable of cracking underlying encryption techniques that secure communication and transactions, experts have said.

[dms1]

Nothing of any importance. A Dow Jones news wire blurb that has nothing to do with us: "BlackBerry CEO Says CIOs Must Prepare for Quantum Computer-Based Attacks" and a reposting of the YTexas award.
I wonder if the tsunami caused by YTexas will be as large as the massive one created by the Frost & Sullivan award. Remember the celebration that went on here back then. I think that was a 2 year sticky!