The rise of quantum internet is accelerating, posing a threat to digital asset security and giving rise to new forms of currency. Experts warn that quantum computing could break existing encryption standards like RSA, putting trillions of dollars in assets at risk, and the so-called "quantum advantage" could emerge within just five years. Meanwhile, AI-driven scams are exploiting financial portals, with recent reports indicating that 85% of digital asset scams involve fully verified accounts. Dr. David Utske emphasizes that the financial industry urgently needs to adopt post-quantum cryptography and update security frameworks to address these interconnected risks.
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The rise of quantum internet is accelerating, posing a threat to digital asset security and giving rise to new forms of currency. Experts warn that quantum computing could break existing encryption standards like RSA, putting trillions of dollars in assets at risk, and the so-called "quantum advantage" could emerge within just five years. Meanwhile, AI-driven scams are exploiting financial portals, with recent reports indicating that 85% of digital asset scams involve fully verified accounts. Dr. David Utske emphasizes that the financial industry urgently needs to adopt post-quantum cryptography and update security frameworks to address these interconnected risks.