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# quantum computing News

November 27, 2018 by at Blockchain, Business, News, Platform, Tech
Although blockchain networks are designed to be secure, immutable, and tamper-proof, a new research paper from Cornell University found that blockchain networks are, however, susceptible to attack by a sufficiently large quantum computer. According to an article published by Gizmodo on November 21, 2018, there is a growing concern that...
July 15, 2018 by at Press Releases
Ideal Data Memory (IDM) releases a decentralized platform for ultra-secure data storage based on the SIZE algorithm. Data in the IDM repository is encrypted on the sender's device, cannot be opened, lost, or stolen by hackers.  Zug, Switzerland, July 15, 2018. IDM presents a decentralized platform for super-secure data storage...
A new study titled “Quantum Blockchain using entanglement in time” by the University of Wellington, New Zealand has proposed a new conceptual design for a quantum blockchain. Quantum computing has been hailed as the next big leap in technology and would likely have far-reaching ramifications on distributed ledger technology as...
February 26, 2018 by at Bitcoin, Blockchain, News, Tech
Bitcoin's nature as a first of its kind digital currency retains its value based on a few simple variables. The concept that it can be transferred with ease and without a high cost, the fact that it is internationally available and makes transfers between deals across the world simple and...
February 10, 2018 by at Bitcoin, Mining, News, Tech
Security authorities have arrested nuclear scientists working at a top secret Russian warhead center for trying to mine cryptocurrencies using supercomputers meant for war purposes. Misappropriated Mining Attempt Nuclear scientists’ turned-suspects attempted to use one of Russia's most sophisticated supercomputers to mine bitcoins, according to the BBC. The Federal Nuclear...
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