Anish Mohammed, Bitcoin Superconference Speaker – Effects of Quantum Computing on Cryptocurrency and Blockchain
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 14 September 2017
⏱️ 19 minutes
🧾️ Download transcript
Summary
Currently, quantum computing is not yet at the stage that would allow for a real impact on cryptocurrencies or blockchains. It is possible that this could change within the next 3-5 years, as quantum computing breakthroughs create machines with greater processing capabilities. There are some quantum-proof algorithms, but they are not widely in use, as they are inefficient and are hard to send over long distances. Current security algorithms are based on problems that will be easily solved by quantum computers. As a result, security for a number of industries, including phones, bank accounts, browsers, crypto tokens, and more will have to change.
Transcript
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| 0:00.0 | The Bitcoin, Ethereum, and Blockchain Super Conference is coming to Dallas, Texas, February 16, 17, and 18 in 2018. |
| 0:09.0 | If you know of a better way to get the latest insider knowledge about crypto, to hear directly from the top minds in this field, |
| 0:16.0 | to interact personally with 800 fellow crypto lovers, hodlers, investors, miners, traders, developers |
| 0:22.9 | and founders, then I'd like to hear about it. |
| 0:25.9 | If you don't, then you don't want to miss out. |
| 0:29.0 | Registered today for the Bitcoin, Ethereum, and Blockchain Superconference. |
| 0:33.1 | Go to Bitcoin Superconference.com and register today as a super early bird to get the lowest rates on tickets and hotel rooms. |
| 0:41.5 | That's Bitcoin superconference.com. |
| 0:45.5 | Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:51.8 | Future Technologies are always to transform our lives for better or worse, are the focus of |
| 0:56.3 | this podcast. |
| 0:57.5 | Almost here means these technologies are now here and starting to be used, or just around |
| 1:02.6 | the corner, from Bitcoin to artificial intelligence, 3D printing, blockchain, virtual |
| 1:08.2 | reality, and more. |
| 1:10.2 | Hello, this is Richard Jacobs with Future Tech Podcast. |
| 1:13.8 | My guest today I've had before, his name is Anish Muhammad. |
| 1:16.8 | He's a consultant to various companies in the blockchain space. |
| 1:20.5 | And Anish is going to be one of our speakers at the Bitcoin, Ethereum, and Blockchain |
| 1:24.4 | Super Conference in February in Dallas. |
| 1:28.0 | And Anish is going to be talking about quantum computing and how that may or may not affect |
| 1:32.2 | blockchings and the security and the cryptography involved. |
| 1:35.7 | So Anish, how are you doing? |
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