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QANplatform introduces a quantum-resistant blockchain test network, a pioneering move to secure smart contracts against quantum threats. This development enhances the security, longevity, and reliability of blockchain technology in the face of advancing quantum computing capabilities.
The need for quantum-resistant technologies has grown with the advancements in quantum computing, such as IBM’s unveiling of the Condor processor. Traditional blockchain networks, including major ones like Bitcoin and Ethereum, face challenges integrating quantum-resistant measures due to their decentralized structures. This exposes them to potential security breaches, where illegitimate transactions could be indistinguishable from legitimate ones, risking significant value depreciation.
