The threat quantum computers pose on encryption is weighing on the minds of some of the world’s most technologically advanced nations: In 2016 alone, the EU announced a $1.13B investment in the discipline, the UK pledged nearly $300M, Australia put in $25M and Canada devoted $50M.
Why? These world powers acknowledge the swift progress being made towards quantum computing that threatens traditional encryption. They’re right to be investing now: Once that technology exists, everything stops.
