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Financial crimes fast proliferation and sophistication require novel approaches that provide robust and effective solutions. This paper explores the potential of quantum algorithms in combating financial crimes. It highlights the advantages…

Machine Learning · Computer Science 2024-03-28 Abraham Itzhak Weinberg , Alessio Faccia

Blockchains have gained substantial attention from academia and industry for their ability to facilitate decentralized trust and communications. However, the rapid progress of quantum computing poses a significant threat to the security of…

Cryptography and Security · Computer Science 2024-09-04 Zebo Yang , Haneen Alfauri , Behrooz Farkiani , Raj Jain , Roberto Di Pietro , Aiman Erbad

Grover's algorithm confers on quantum computers a quadratic advantage over classical computers for searching in an arbitrary data set, a scenario that describes Bitcoin mining. It has previously been argued that the only side-effect of…

Quantum Physics · Physics 2020-03-17 Or Sattath

Quantum computing poses fundamental risks to classical blockchain systems by undermining widely used cryptographic primitives. In response, two major research directions have emerged: post-quantum blockchains, which integrate…

Cryptography and Security · Computer Science 2026-01-21 Saurav Ghosh , Niloy Deb Roy Mishu

Our aim is to determine conditions for quantum computing technology to give rise to security risks associated with quantum Bitcoin mining. Specifically, we determine the speed and energy efficiency a quantum computer needs to offer an…

Quantum Physics · Physics 2021-10-05 Robert R. Nerem , Daya R. Gaur

Precise suites of benchmarks are required to assess the progress of early fault-tolerant quantum computers at economically impactful applications such as cryptanalysis. Appropriate challenges exist for factoring but those for elliptic curve…

Quantum Physics · Physics 2026-03-27 Pierre-Luc Dallaire-Demers , William Doyle , Timothy Foo

Quantum computing is becoming strategically relevant to finance because several core financial bottlenecks are already defined by combinatorial search, expectation estimation, rare-event analysis, representation learning, and long-horizon…

Computational Finance · Quantitative Finance 2026-04-10 Hui Gong , Akash Sedai , Thomas Schroeder , Francesca Medda

Most currently used cryptographic tools for protecting data are based on certain computational assumptions, which makes them vulnerable with respect to technological and algorithmic developments, such as quantum computing. One existing…

Quantum Physics · Physics 2023-04-28 Aleksey K. Fedorov

This article provides a survey on what can be called post-quantum IoT systems (IoT systems protected from the currently known quantum computing attacks): the main post-quantum cryptosystems and initiatives are reviewed, the most relevant…

Cryptography and Security · Computer Science 2024-02-05 Tiago M. Fernandez-Carames

Modern web traffic relies on 2048-bit RSA encryption to secure our data in transit. Rapid advances in Quantum Computing pose a grave challenge by allowing hackers to break this encryption in hours. In August of 2024, the National Institute…

Cryptography and Security · Computer Science 2024-11-11 Ananya Tadepalli

Deployment of optical network infrastructure and network services is growing exponentially for beyond 5G networks. Since the uptake of e-commerce and e-services has seen unprecedented serge in recent months due to the global COVID-19…

Networking and Internet Architecture · Computer Science 2021-05-25 Purva Sharma , Vimal Bhatia , Shashi Prakash

The rapid advancement of quantum computing poses a critical threat to classical cryptographic algorithms such as RSA and ECC, particularly in Internet of Things (IoT) devices, where secure communication is essential but often constrained by…

Cryptography and Security · Computer Science 2025-07-14 Jesus Lopez , Viviana Cadena , Mohammad Saidur Rahman

The rise of large-scale quantum computing poses a significant threat to traditional cryptographic security measures. Quantum attacks undermine current asymmetric cryptographic algorithms, rendering them ineffective. Even symmetric key…

Cryptography and Security · Computer Science 2025-01-03 Yaser Baseri , Vikas Chouhan , Ali Ghorbani , Aaron Chow

Blockchain and other Distributed Ledger Technologies (DLTs) have evolved significantly in the last years and their use has been suggested for numerous applications due to their ability to provide transparency, redundancy and accountability.…

Cryptography and Security · Computer Science 2024-02-05 Tiago M. Fernandez-Carames , Paula Fraga-Lamas

The advent of quantum computing poses a significant threat to the foundational cryptographic algorithms that secure modern digital communications. Protocols such as HTTPS, digital certificates, and public key infrastructures (PKIs) heavily…

Emerging Technologies · Computer Science 2025-08-05 Arimondo Scrivano

Bitcoin is the most secure blockchain in the world, supported by the immense hash power of its Proof-of-Work miners. Proof-of-Stake chains are energy-efficient, have fast finality but face several security issues: susceptibility to…

Cryptography and Security · Computer Science 2025-02-04 Ertem Nusret Tas , David Tse , Fangyu Gai , Sreeram Kannan , Mohammad Ali Maddah-Ali , Fisher Yu

Quantum-resistant cryptography is cryptography that aims to deliver cryptographic functions and protocols that remain secure even if large-scale fault-tolerant quantum computers are built. NIST will soon announce the first selected…

Cryptography and Security · Computer Science 2021-12-02 John Preuß Mattsson , Ben Smeets , Erik Thormarker

Traditional and lightweight cryptography primitives and protocols are insecure against quantum attacks. Thus, a real-time application using traditional or lightweight cryptography primitives and protocols does not ensure full-proof…

Cryptography and Security · Computer Science 2022-06-22 Adarsh Kumar , Carlo Ottaviani , Sukhpal Singh Gill , Rajkumar Buyya

We propose a blockchain architecture in which mining requires a quantum computer. The consensus mechanism is based on proof of quantum work, a quantum-enhanced alternative to traditional proof of work that leverages quantum supremacy to…

The application of Bitcoin enables people to understand blockchain technology gradually. Bitcoin is a decentralized currency that does not rely on third-party credit institutions, and the core of Bitcoin's underlying technology is…

Cryptography and Security · Computer Science 2025-04-15 Yuhuan Yang , Shipeng Ye , Xiaoqi Li