Saudi Arabia's Quantum Leap: A New Era of Security Concerns

Saudi Arabias Entry into Quantum Computing: A New Era for Tech and SecuritySaudi Aramco, the government-controlled energy company, has installed the Kingdoms first quantum computer, a 200-qubit machine built by French company Pasqal. This development marks a significant step for the Middle Easts technological future, with potential applications in energy modeling and materials research. However, it also raises concerns about the security of digital currencies like Bitcoin and blockchain networks, as quantum computers could potentially reveal private keys or forge digital signatures. While current quantum computers cant yet break the encryption used by systems like Bitcoin, the rapid progress in this field has security communities taking notice. The installation renews attention on the long-term risk known as Q-Day, the moment a quantum computer becomes powerful enough to compromise digital signatures.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.