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The Impact of Quantum Computing on B...

Beegel, Ryan.

The Impact of Quantum Computing on Blockchain Security.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	The Impact of Quantum Computing on Blockchain Security./
Author:	Beegel, Ryan.
Description:	1 online resource (47 pages)
Notes:	Source: Masters Abstracts International, Volume: 57-05.
Subject:	Information technology. -
Online resource:	click for full text (PQDT)
ISBN:	9780355908411

The Impact of Quantum Computing on Blockchain Security.
Beegel, Ryan.

The Impact of Quantum Computing on Blockchain Security. - 1 online resource (47 pages)

Source: Masters Abstracts International, Volume: 57-05.

Thesis (M.S.)--Utica College, 2018.

Includes bibliographical references

The rise in popularity of cryptocurrencies such as Bitcoin has created a new target for malicious actors. At the same time, the significant breakthroughs in quantum computing have many security experts concerned about the impact these advanced machines can have on system security. The purpose of this research was to analyze the potential use of quantum computers to compromise the security of blockchain and technologies that rely on it such as Bitcoin.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780355908411Subjects--Topical Terms:

559429
Information technology.
Index Terms--Genre/Form:

554714
Electronic books.

The Impact of Quantum Computing on Blockchain Security.
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100 1 $a Beegel, Ryan. $3 1185505
245 1 4 $a The Impact of Quantum Computing on Blockchain Security.
264 0 $c 2018
300 $a 1 online resource (47 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Masters Abstracts International, Volume: 57-05.
500 $a Includes supplementary digital materials.
500 $a Adviser: Christopher Riddell.
502 $a Thesis (M.S.)--Utica College, 2018.
504 $a Includes bibliographical references
520 $a The rise in popularity of cryptocurrencies such as Bitcoin has created a new target for malicious actors. At the same time, the significant breakthroughs in quantum computing have many security experts concerned about the impact these advanced machines can have on system security. The purpose of this research was to analyze the potential use of quantum computers to compromise the security of blockchain and technologies that rely on it such as Bitcoin.
520 $a Multiple possible threats to blockchain exist and are outlined in this paper. These threats include Shor's Algorithm, Grover's Algorithm, and the design of blockchain itself. These threats all prove that with the right advancements in quantum computing power, blockchain security is at risk.
520 $a Along with the threats, possible mitigating solutions are also outlined, including areas such as quantum resistant ledgers, building unified communities to resolve these issues, post-quantum RSA, and more. The research then also discusses alternatives to blockchain and what their advantages may be. These include technologies such as IOTA, Hashgraph, Byteball and more.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Information technology. $3 559429
650 4 $a Computer science. $3 573171
655 7 $a Electronic books. $2 local $3 554714
690 $a 0489
690 $a 0984
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a Utica College. $b Cybersecurity. $3 1148527
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10812382 $z click for full text (PQDT)

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