In the recently published “Industry Index Trade Unions 2021” from Loyalty Group, IDA is named the trade union in Denmark that has the most satisfied and loyal members.
We feel confident with the encryption we use today and we know that it works. But what will happen to our encryption algorithms when someone succeeds in building a powerful quantum computer? New white paper highlights "state of the art on solving the challenges quantum computers provide for encryption".
Can we trust the encryption we use today? Do we know what will happen to our encryption algorithms when someone succeeds in building a powerful quantum computer?
A lot of research is being carried out on how to solve the problem that has been mainly a theoretical matter so far. However, eventually someone will succeed in building a quantum computer that will be able to perform new and important calculations for physics, chemistry and medicine.
However, this will have the negative impact that the encryption we use today will no longer have the desired security. Large technology companies are working on developing quantum computers that are able to perform extremely fast calculations. We do not know how far the different players have come in this field. The largest well-known quantum computer has 50 qbits and was built by IBM. And there is still some way to go before we reach the many thousands of qbits that are needed to break the encryption we know today.
We have written a whitepaper describing state of the art on solving the challenges quantum computers provide for encryption.