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The key cryptographic protocols used to secure the internet and financial transactions of today are all susceptible to attack by the development of a sufficiently large quantum computer. One particular area at risk are cryptocurrencies, a…

Quantum Physics · Physics 2020-06-07 Divesh Aggarwal , Gavin K. Brennen , Troy Lee , Miklos Santha , Marco Tomamichel

The emergence of quantum computing presents a formidable challenge to the security of blockchain systems. Traditional cryptographic algorithms, foundational to digital signatures, message encryption, and hashing functions, become vulnerable…

Cryptography and Security · Computer Science 2025-10-16 Yaser Baseri , Abdelhakim Hafid , Yahya Shahsavari , Dimitrios Makrakis , Hassan Khodaiemehr

Blockchain is a distributed database which is cryptographically protected against malicious modifications. While promising for a wide range of applications, current blockchain platforms rely on digital signatures, which are vulnerable to…

Blockchain technology is facing critical issues of scalability, efficiency and sustainability. These problems are necessary to solve if blockchain is to become a technology that can be used responsibly. Useful quantum computers could…

Cryptography and Security · Computer Science 2022-01-28 Marcus Edwards , Atefeh Mashatan , Shohini Ghose

Blockchain technology has evolved through many changes and modifications, such as smart-contracts since its inception in 2008. The popularity of a blockchain system is due to the fact that it offers a significant security advantage over…

Blockchain is one of the most discussed and highly accepted technologies, primarily due to its application in almost every field where third parties are needed for trust. Blockchain technology relies on distributed consensus for trust,…

Cryptography and Security · Computer Science 2022-02-02 Arman Rasoodl Faridi , Faraz Masood , Ali Haider Thabet Shamsan , Mohammad Luqman , Monir Yahya Salmony

This article considered deficiencies of the flourishing blockchain technology manifested by the development of quantum computation. We show that the future blockchain technology would under constant threats from the following aspects: 1)…

Cryptography and Security · Computer Science 2020-11-09 Wei Cui , Tong Dou , Shilu Yan

With the advent of quantum computing, cryptocurrencies that rely on blockchain technology face mounting cryptographic vulnerabilities. This paper presents a comprehensive literature review evaluating how quantum algorithms, specifically…

Cryptography and Security · Computer Science 2025-09-09 Adi Mutha , Jitendra Sandu

Blockchain is a Distributed Ledger Technology (DLT) that offers numerous benefits including decentralization, transparency, efficiency, and reduced costs. Hence, blockchain has been included in many fields. Blockchain relies on…

Cryptography and Security · Computer Science 2025-08-26 Sufyan Al-Janabi

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

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

Blockchain is a decentralized, distributed ledger technology that ensures transparency, security, and immutability through cryptographic techniques. However, advancements in quantum computing threaten the security of classical cryptographic…

Cryptography and Security · Computer Science 2026-01-14 Nicholas J. C. Papadopoulos

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

Two of the most important technological advancements currently underway are the advent of quantum technologies, and the transitioning of global financial systems towards cryptographic assets, notably blockchain-based cryptocurrencies and…

Pricing of Securities · Quantitative Finance 2021-02-02 Peter P. Rohde , Vijay Mohan , Sinclair Davidson , Chris Berg , Darcy Allen , Gavin K. Brennen , Jason Potts

Quantum algorithms can break factoring and discrete logarithm based cryptography and weaken symmetric cryptography and hash functions. In order to estimate the real-world impact of these attacks, apart from tracking the development of…

Quantum Physics · Physics 2019-02-11 Vlad Gheorghiu , Michele Mosca

Technological advancements of Blockchain and other Distributed Ledger Techniques (DLTs) promise to provide significant advantages to applications seeking transparency, redundancy, and accountability. Actual adoption of these emerging…

Cryptography and Security · Computer Science 2021-10-12 Nivedita Dey , Mrityunjay Ghosh , Amlan Chakrabarti

Recently, the invention of quantum computers was so revolutionary that they bring transformative challenges in a variety of fields, especially for the traditional cryptographic blockchain, and it may become a real thread for most of the…

Cryptography and Security · Computer Science 2024-07-30 Tatsuru Kikuchi

This paper describes the work carried out by the Inter-American Development Bank, the IDB Lab, LACChain, Cambridge Quantum Computing (CQC), and Tecnologico de Monterrey to identify and eliminate quantum threats in blockchain networks. The…

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

Blockchain technology transformed the digital sphere by providing a transparent, secure, and decentralized platform for data security across a range of industries, including cryptocurrencies and supply chain management. Blockchain's…

Cryptography and Security · Computer Science 2023-06-22 Bilash Saha , Md Mehedi Hasan , Nafisa Anjum , Sharaban Tahora , Aiasha Siddika , Hossain Shahriar
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