According to the state-owned China News Service, the Chinese blockchain platform ChainMaker has been built with technology that can withstand assaults from both conventional and quantum computers.
A blockchain, in case you are unaware, is a digital ledger that keeps track of all transactions.
According to the news agency, developers of the business blockchain, also known as Chang'An Chain, claimed the new technology safeguards information transfer between financial institutions, making online transactions safer.
The Beijing Academy of Blockchain and Edge Computing designed the system, which was introduced in January of last year. It is China's first autonomous blockchain platform and was created in collaboration with universities such as Tsinghua and Beihang, as well as IT heavyweights like Tencent and Baidu.
According to the China News Service report, a post-quantum digital signature method has been added to the blockchain platform to protect it against assaults, including those by...
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