CIOAdvisor Apac

  • Home
  • Vendors
  • News
  • Conference
  • Whitepapers
  • Newsletter
  • Subscribe
  • About Us
  • Specials

  • Menu
      • Ad Management
      • Application Security Testing
      • Artificial Intelligence
      • BPO
      • Contact Center
      • Data Analytics
      • Deep Learning
      • Digital Marketing
      • Digital Transformation
      • Disaster Recovery Services
      • Disinfection and Sanitization
      • E-Invoicing
      • Ecommerce
      • Govt Tech
      • HubSpot
      • Human Resource
      • ICT
      • IoT
      • Laser and Photonics
      • Leadership Development
      • Logistics
      • Machine Learning
      • Marketing Technology
      • Mobile Application
      • Parking Management
      • Payment And Card
      • SDN
      • Telecom
  • Digital Transformation
  • Logistics
  • IoT
  • Payment And Card
  • Artificial Intelligence
Specials
  • Specials

  • Ad Management
  • Application Security Testing
  • Artificial Intelligence
  • BPO
  • Contact Center
  • Data Analytics
  • Deep Learning
  • Digital Marketing
  • Digital Transformation
  • Disaster Recovery Services
  • Disinfection and Sanitization
  • E-Invoicing
  • Ecommerce
  • Govt Tech
  • HubSpot
  • Human Resource
  • ICT
  • IoT
  • Laser and Photonics
  • Leadership Development
  • Logistics
  • Machine Learning
  • Marketing Technology
  • Mobile Application
  • Parking Management
  • Payment And Card
  • SDN
  • Telecom
×
#

CIO Advisor APAC Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Advisor APAC

Subscribe

loading
  • Home
  • News
Editor's Pick (1 - 4 of 8)
left
How Cloud Migration Fueled Digital Transformation and Global Growth for ACI Specialty Benefits

Ryan Fay, Global CIO, ACI Specialty Benefits

Configuration Management Technology and Its Use in Information Technology Management Operations

Kelly Summers, CHCIO, SVP & CIO, Maricopa Integrated Health System

The Advent of Crypto

Grant Brett, CIO, Forex Club

Supporting Business with the Right Technology

Andy Jurczyk, CIO, Seyfarth Shaw LLP

A Closer Look at Block Chain Technology

John Shea, CIO, Eaton Vance

Why are enterprise blockchain solutions not widely adopted yet?

Mariana Gómez de la Villa, Program Director Distributed Ledger Technology, ING

Blockchain: The answer to solve the perennial issues in the Telecom Industry

Neeti Virmani, Venture Partner, Loyal VC

Tug-of-War: Will Blockchain Bring Data Ownership Back to Users?

Nicole Nguyen, Head of APAC, Infinity Blockchain Ventures

right

THANK YOU FOR SUBSCRIBING

Hackers to Use Quantum Computing to Attack Blockchain-enabled Applications: Here's the Solution

CIOAdvisor Apac | Tuesday, October 15, 2019
Tweet

Blockchain TechnologyThe next decade involves the most significant and dramatic changes in business operations in quantum computing and blockchain technology. Digital technologies, such as IoT and edge-computing support, enable new IT realities. Nearly all companies will make technology an essential component of their employees and customers. In the next decade, such innovation will become more human-centered and bring transparency between employee and businesses, according to technology experts, and it is likely, that this transparency will be far more adaptive, contextual, and mobile within the workplace. Blockchain has become already well known, and every tech geek is familiar with it. It is still an elusive and emerging technology that makes it a strong stand on the market. Many companies hesitate to accept it, either because it is volatile or because it lacks a concrete plan for ensuring ROI. Blockchain is a tool for overcoming current business problems with its capabilities. It is now time to protect the blockchain against quantum hackers.

Because of the threats to the blockchain, the population generally focuses on increased regulation. In the medium term, increased regulation and wider adoption could stand in the way of cryptocurrencies. However, the horizon may be further threatened. The security advantages of blockchain arise in large measure. But blockchain’s immutable ledgers are under threat when combined with another emerging technology, quantum computing. Quantum computing has made some progress, just like blockchain. As blockchain is apparent in general, today it is less critical. But it takes time to see if this means the end of the blockchain technology.

The blockchain is integrated into all aspects, both insurance and immigration, and is, naturally, the source of cryptocurrencies like bitcoin. However, its open and versatile nature can be its ruin–quantum computing could break the blockchain in 2019. Quantum computers can store more data than traditional computers using less energy, which means complicated calculations can be performed quickly. When a normal machine solves a complex labyrinth by walking one way at a time, quantum machines can go down several paths at the same time.

As the name implies, private blockchains are different from public blockchains because access permissions are strictly controlled. Participants should be asked to join and must be validated by the creator or protocol of the network established by the creator. As no public keys are available, quantum computers would not detect private keys from the public keys. Nevertheless, the main detractor is that private blockchains are not decentralized and distributed as public ones. Private blockchains can use tier structures so that factions and centralized authority can benefit from it.

Check out: Top Quantum Computing Companies

tag

Quantum Computing

ROI

Featured Vendors

  • MVI Technologies: Innovative, Future-proof Financial and Payment Switching
    MVI Technologies: Innovative, Future-proof Financial and Payment Switching
  • DATAMARK: Process Driven Solutions in Action
    DATAMARK: Process Driven Solutions in Action
  • IMACREA: Shaping the Future of Teleworking
    IMACREA: Shaping the Future of Teleworking
  • PuzzleBox BPO, Inc.: A Hybrid Platform for Customer Support and Sales Empowerment
    PuzzleBox BPO, Inc.: A Hybrid Platform for Customer Support and Sales Empowerment
ON THE DECK

Read Also

Safeguarding Quality through Proactive Risk Management

Cultivating a Culture of Agility: Nurturing Adaptability for Organizational Success

Governance for Smarter KPIs: Enhancing Performance Measurement

Embracing the Irreplaceable Human in Business and Beyond

Leveraging Gamification for Deeper Financial Engagement

Generative AI: The Game-Changer Automates Marketing For The Retail Industry

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2025 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioadvisorapac.com/news/hackers-to-use-quantum-computing-to-attack-blockchainenabled-applications-here-s-the-solution-nwid-1364.html