Author: wallstreetnation

The Subcommittee on Government Innovation, Information Technology, and Cybersecurity says so. Furthermore, the U.S. Government Accountability Office’s Director of Information Technology and Cybersecurity, Marisol Cruz Cain, recently stated in her testimony that: “Quantum computers have the potential to resolve important issues that traditional computers are unable to. These computers conduct calculations far more quickly than modern conventional computers thanks to a characteristic of quantum physics. However, the possible drawback of quantum computing is that it may jeopardize the security of data and information systems, especially those under federal government authority. Quantum computers, for example, might be able to crack popular encryption techniques used by people, government organizations, and critical infrastructure organizations. Everything is exposed, including: • National defense and government communications; • Cryptocurrency networks with a market capitalization of $3.4 trillion; • Banking systems safeguarding trillions of transactions; • Email communications for 730 million business accounts globally; • AI systems managing sensitive data and proprietary models The danger is therefore quite real. And regrettably, a lot of us are not ready for it. All of this is due to the fact that quantum computers, which were previously supposed to be decades away, have finally arrived and will bring with them systems that are capable of quickly cracking any encryption. But there is a solution in 01 Communique (TSXV: ONE) (OTCQB: OONEF). 01 Communique has the advantage of being the first to market, and two commercial quantum safe products are currently actively shielding consumers from problems related to quantum computing. Through subscription-based software, the business offers clients secure solutions including email security, … Continue reading “Is Quantum Computing The Next Big Thing”