The World Must Be Prepared for The Quantum Threat to Cryptocurrency

Quantum computing could be “humanity’s biggest breakthrough since the discovery of fire,” say analysts at Bank of America.

Nvidia CEO Jensen Huang said the industry is now at an inflection point, adding that the world is “within reach” of being able to use quantum computers.

And while quantum computing holds the promise of solving critical problems that conventional computers cannot, there are plenty of dangers to be well aware of.

In fact, as exciting as quantum computing may sound, it could also have a severe, negative impact on just about every part of everyday lives including banking systems, email communications, cryptocurrencies, communications, AI systems, and national defense.

Making matters worse, according to 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF), “state actors are expected to achieve quantum at scale by 2028” and are typically “two years ahead of where the commercial vendors are.”

What that means is adversaries can collect encrypted data right now, with a long-term goal of decrypting it once quantum technology matures.

Unfortunately, we can’t just wait and see what happens.

That’s because the critical threat is already underway.

For one, your Bitcoin transaction today could be recorded by state actors and decrypted in 2028. Your Ethereum smart contract deployed this year could be vulnerable to quantum attacks within the decade. It’s why protecting your encrypted information now is essential.

Two, if organizations wait until quantum computing arrives, they could be forced to rush implementations under forced pressure. Organizations could find themselves with incompatible quantum-safe solutions. And they could even see the potential for massive market disruption.

Fortunately, 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF) does have a solution.

Unlike theoretical solutions, 01 Quantum offers a far more practical, deployable quantum-safe infrastructure. That includes:

• • Patent #11,669,833: 01 Quantum’s breakthrough technology can convert existing cryptocurrencies to quantum-safe versions without destroying the underlying ecosystem.

• • NIST-Compliant Implementation: NIST published finalized post-quantum cryptography standards (FIPS 203, 204, 205) in August 2024. 01 Quantum’s IronCAP technology incorporates these standards today, not years from now.

• • Real-World Deployment: Through its qLABS partnership, the company is already building quantum-safe wallets and wrapped tokens for major blockchains including Bitcoin, Ethereum, and Solana, with commercial deployment targeted for Q1 2026.

Moving forward, the question isn’t whether quantum computers will break cryptocurrency cryptography—it’s whether organizations and crypto will be ready when they do.