J.P. Morgan is building a blockchain that is resistant to the threat of being hacked by a quantum computer.
American Bank J.R. Morgan Chase announced the start of work on the creation of a blockchain that is resistant to cyber attacks using quantum computers.
To improve the security of the network, it will implement the method of quantum key distribution (QKD) to encrypt information.
According to the results of preliminary tests, the data transfer rate in the blockchain reaches 800 gigabits per second, and it supports up to 258 communication channels with AES-256 symmetric block cipher algorithm. In this case, the key for decrypting messages changes every second.
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