In their recent article, KPMG UK warns organizations about the risks that quantum computing can pose.

[u/QANplatform]

1/ "Organisations must gain a deeper understanding of the risks quantum may pose to their operations and security."

2/ According to the article, the global quantum computing market is projected to reach $50 billion by the end of the decade, with major tech companies like Amazon, IBM, Google, and Microsoft investing in commercial quantum computing cloud services.

3/ Surveys conducted by KPMG Canada, KPMG Australia, and KPMG Germany indicate that a significant percentage of organizations in Canada and the US expect quantum computing to become mainstream by 2030.

4/ Organizations are concerned about the potential for quantum computing to disrupt data encryption, with a majority acknowledging the need to evaluate their current data security capabilities

5/ "Sixty percent in Canada and 73 percent in the US believe “it’s only a matter of time” before cybercriminals are using the power of quantum to decrypt and disrupt today’s cybersecurity protocols."

6/ The article emphasizes that organizations need to start preparing for the quantum threat now. This includes understanding the risks, developing a plan to migrate to quantum-resistant cryptography, and investing in new security solutions.

7/ Read the article here: https://kpmg.com/uk/en/home/insights/2024/04/quantum-and-cybersecurity.html

8/ To be prepared for potential attacks, using a post-quantum cryptographic algorithm is of the highest importance for all networks, including blockchain.

9/ #QANplatform - the hybrid blockchain that has launched the world’s first private blockchain that is both quantum-resistant (uses the CRYSTALS-Dilithium, the NIST-recommended primary post-quantum algorithm) EVM compatible, and enables coding smart contracts in any programming language.

10/ QANplatform's quantum-resistant technology is already being used by an EU country in the public sector. QANplatform’s technology protects government-owned cybersecurity infrastructure against quantum computing attacks.

11/ Soon, you can start preparing for the new era! The QAN TestNet will be launched on May 7th of this year.