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, 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 |
| 0:14.4 | minds in this field. To interact personally with 800 fellow crypto lovers, |
| 0:19.4 | hodlers, investors, miners, traders, developers and founders, then I'd like to hear about it. |
| 0:25.8 | If you don't, then you don't want to miss out. |
| 0:28.7 | Register today for the Bitcoin, Ethereum, and blockchain super conference. |
| 0:33.0 | Go to Bitcoin super conference.com |
| 0:35.0 | and register today as a super early bird |
| 0:38.0 | to get the lowest rates on tickets and hotel rooms. |
| 0:41.0 | That's Bitcoin super Conference.com. |
| 0:44.0 | Welcome to Almost Here, round the corner of Future Technology Podcasts with Richard Jacobs. |
| 0:51.0 | Future Technologies ways to transform our lives for better or worse are the focus of this |
| 0:56.4 | podcast. |
| 0:57.4 | Almost here means these technologies are now here and starting to be used, or just around the corner, from Bitcoin to artificial intelligence, |
| 1:05.9 | 3D printing, blockchain, virtual reality, and more. |
| 1:10.3 | Hello, this is Richard Jacobs with Future Tech Podcast. |
| 1:14.0 | My guest today I've had before, his name is Anish Mohammed. |
| 1:16.9 | 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 |
| 1:24.5 | super conference in February in Dallas. |
| 1:28.0 | And Anish has been talking about quantum computing and how that may or may not affect |
| 1:32.3 | blockchains and the security and the |
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