Date: | June 11, 2022 |
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Title: | China is the King of the Blockchain Industry! New Technology Eradicates all Quantum Attacks |
Summary: | The Chinese blockchain platform, ChainMaker, recently declared that the company has successfully built a new technology that can withstand assaults from both conventional and quantum computers. Developers of the company’s blockchain network, also known as Chang’An Chain demonstrated that the new technology aims to secure information transmission between financial forms, making online transfers more efficient and secure. The system was released in China back in January 2021, as the country’s first independent blockchain platform, developed by the state-backed Beijing consortium, which is the Beijing Academy of Blockchain and Edge Computing. |
URL: | https://www.analyticsinsight.net/china-is-the-king-of-the-blockchain-industry-new-technology-eradicates-all-quantum-attacks/ |
Author(s): | Market Trends |