Securing ecommerce in the era of quantum computing
Trial and error in binary computing systems are slow and face several security challenges. As quantum computers’ era rises, Doug Hill , founder of Real Random , talks about the positive and negative aspects of quantum computing in ecommerce
Quantum computing represents the next evolution in how we use computers to solve complex problems, as it holds great promise for advancing the speed at which data can be analysed in useful and harmful ways.
As an ecommerce operator, it will affect your industry in both positive – e.g. the ability to rely upon more accurate data and faster processing of transactions across different platforms – and potentially negative ways. The primary negative aspect is the threat to the current methods of securing transactions, the private/public key pairs, and the commonly used encryption algorithms. In addition, the timing of the availability of quantum computing is a moving target. Several factors such as the market demand, technological advancements, and the cost to purchase or gain access to a quantum computer will influence the outcome. But there are things you can do to prepare for what is sometimes called ‘Q-Day’, the day when quantum computers will be available for commercial purposes, including nefarious organisations and nation-state actors.
Let’s talk about quantum computing
To better understand this phenomenon, let’s begin with how today’s computerised systems operate and why quantum computing systems are the next major step in advancing computing power.
Nowadays’ binary-based computing systems operate in a linear fashion. This means that we input data or commands and expect a result built on the processor’s ability to receive and carry out the instructions for any given type of input. Processing time and results are based on the available computing power and network access speeds.
While useful now and in the future, linear computing is much slower […]
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