Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security.
He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain platforms.
To mitigate these risks, Sala emphasizes the need to transition to quantum-resistant cryptographic systems. He acknowledges the complexities and trade-offs involved in integrating these systems into existing blockchain technologies but remains optimistic about ongoing research aimed at optimizing these solutions.
Sala underscores the importance of algebra and coding theory in developing quantum-resistant cryptography and praises international collaboration for fostering global efforts to establish secure cryptographic standards.
He also calls for educational reforms to prepare future cryptographers for quantum challenges.
Sala advises organizations to begin transitioning to quantum-resistant technologies immediately, warning that the probability of quantum threats is significant enough to require proactive measures.