World Economic Forum: CBDC may face attacks from quantum computer systems and needs to be addressed

ChainCatcher news, the World Economic Forum (WEF) recently issued a serious warning about the potential vulnerability of central bank digital currencies (CBDCs) to decryption attacks from quantum computer systems.

Quantum computers are largely still in the experimental stage. Various proofs of concept exist, and a few laboratories claim to have solved quantum system customization problems that traditional binary computers cannot resolve in a reasonable time. However, it will still take a long time to achieve true implementation.

In a blog post on May 21, WEF mentioned this danger, stating that "central banks must embed cryptographic flexibility into CBDC systems to defend against quantum network attacks on payment infrastructure."