The Quantum Computing Boom: Innovations, Investments, and Cybersecurity Risks

Issued on behalf of Scope Technologies Corp.

VANCOUVER, BC, Dec. 16, 2024 /PRNewswire/ -- USA News Group News Commentary – Now that quantum computing capabilities are becoming a reality, thanks to another breakthrough, the future frontier of software innovation is nearer than ever. However, with the advent of the new Google Willow Chip, another very real concern is arising—the urgency of post-quantum cryptography migration. Quantum computers are likely to pose a severe threat to currently-used encryption practices. Behind the scenes, several innovative tech companies are working on quantum computing's capabilities both in problem solving and in cybersecurity, with recent developments coming from Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), SEALSQ Corp (NASDAQ: LAES), Arqit Quantum Inc. (NASDAQ: ARQQ, ARQQW), Quantum Computing Inc. (QCi) (NASDAQ: QUBT), and D-Wave Quantum Inc. (NYSE: QBTS).