Quantum computing poses new risks for the financial system by undermining traditional cryptography — but it can also enable impossible-to-counterfeit quantum money. While today’s digital money is a product of the first quantum revolution of the early 20th century, it is the second quantum revolution of the late 20th century that poses its greatest challenge….
Category: Crypto
DLT for FMI: What is Missing?
Distributed ledger technology (DLT) is frequently highlighted as a game-changer for financial market infrastructure (FMI). Yet despite numerous pilots, proofs of concept, and even some production deployments, DLT has neither replaced nor fundamentally transformed today’s financial markets. Its adoption remains largely limited to niche applications. To better understand why, a cross-sector roundtable brought together participants…
Quantum Computers are coming!
Quantum computers evolved from theoretical concepts in the 1980s to experimental realisations in the 2000s and are now in the early stages of practical application. Although many technical challenges remain, the field is advancing rapidly towards practical, large-scale quantum computing. Significant breakthroughs are expected in the coming years. Quantum computers offer great opportunities to solve…
On Cryptocurrencies, Blockchain, and CBDC
https://cvj.ch/en/hot-topics/minds/thomas-moser-on-cryptocurrencies-blockchain-and-the-snbs-cbdc-efforts/ Interview with Crypto Valley Journal, April 27, 2023 CVJ: Digitalization is shaping the most diverse parts of our society. For a good decade now, the digitalization of currencies has also been coming to the fore. What changes is the Swiss National Bank observing in this transition phase? Thomas Moser: Digitalization is already well advanced in…