Study: Quantum cryptography can extremely boost blockchain

A study by the analytical company Infiniti Research looked at the issue embraced by the term ‘quantum cryptography’. According to the company, the golden era of quantum encryption is in the process of continuing until 2024.

Infiniti research: Quantum cryptography and the golden era of computers

Quantum cryptography is set to grow in the coming years. The entire market is expected to raise $ 3 billion in five years, an unimaginable figure. Annually, companies primarily engaged in this field are expected to earn an average of 39% for capitalization.

The report mentions several blockchain companies that are also rapidly advancing their interests towards quantum technology.

The whole issue is that quantum computers can be a threat to today’s security level. Including cryptocurrencies. While the debate is still ongoing, development and efforts to prevent problems show that governments and large companies are interested in being insured.

As for the King of cryptocurrencies Bitcoin, there should be no danger. Keys based on blockchain technology are still safe and would require too much time and energy to guess. However, quantum computer technology is moving forward and it is certain that sooner or later the first cryptocurrencies will appear that will be boasting in quantum cryptography.

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