Honeywell Quantum Computing
I don’t know if you heard but Honeywell just launched a new quantum computer 2X the power of Google and IBM, and forecasts 10X growth annually. This creates a massive risk of quantum hacking and will likely target Bitcoin and many blockchain based infrastructures. Experts are calling for this much sooner than expected, 2022 is a real possibility.
Quantum hacking of cryptocurrencies and blockchain endpoints will take only SECONDS and destroy all the value within the chain creating massive monetary and data destruction. So while Blockchain is the darling right now (and with good reason), being extensively adopted by more businesses and governments every day; the downside risk is massive repercussions. This can be prevented with solid quantum-safe encryption, IronCAP is the only proven, commercially available encryption product designed and built to protect against these threats both now and in the quantum world.
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