In March 2025, researchers in China announced that they had created a quantum computer, Zuchongzhi 3.0, which had the same computational power as the Willow chip.
Experts say quantum computing could be enormously beneficial to society but that it could also allow nation-states and nefarious actors to break the encryption surrounding bank accounts, medical records, military secrets, and cryptocurrency.
“All secrets basically have a shelf life,” David Carvalho, founder and CEO of Naoris Protocol, the world’s first decentralized cybersecurity mesh powered by a post-quantum blockchain, told The Epoch Times.
Data Harvested for Q-day
Carvalho said the encrypted data are being harvested by nation-states and hostile actors, “waiting for quantum computers to crack [them] open tomorrow.”Q-Day could happen in the next 10 to 14 years, Daniel Burrus, San Diego-based futurist and bestselling author, told The Epoch Times.
But quantum computers are sensitive to errors, which limit the level of complexity they can handle, according to Burrus. He said the designers building them are working on fault-tolerance systems, which would iron out those errors as the qubit (a unit of quantum information) size of the computer increases.
Burrus predicted that fault-tolerant computers would come online between 2030 and 2035 but on an insufficient scale to have a major effect.
However, he said, “Going up to 2040, that’s where you could have large-scale problems with legacy crypto systems.”
Google’s Willow chip and China’s Zuchongzhi 3.0 each have a calculating power of 105 qubits, but in order to break the type of encryption used to protect bank accounts, medical records, military secrets, and blockchains, a quantum computer would need to have several million qubits.
“It was purely created and designed just to benchmark quantum computers,” Hickey said. “Can it do other calculations equally fast? The answer unfortunately is no, not yet.”
He said that theoretically, a quantum computer could be used in the future to break encryption.
“Currently, if you make a transaction on a bank account, some of that data is encrypted, and a quantum computer could in principle break that encryption very easily,” Hickey said on the podcast.
In recent months, additional advances in quantum computing have been announced.
He said a quantum computer with massive powers of calculation is a hard trend.
Post-Quantum Cryptography
Burrus said that that is why there are many companies working on post-quantum cryptography (PQC), which would add a layer of protection that could combat a quantum computer.“The good news is we can develop the software while the hardware is still being developed,” Burrus said, noting that PQC is a “mitigation strategy” for Q-Day.
In May 2022, the White House published a national security memorandum, NSM-10, which states that agencies must prepare now to implement PQC because of the threat posed by potential future quantum computers.
Cryptocurrencies are especially vulnerable to quantum computing.
Terminator Scenario
Scientist Paul Benioff first predicted the invention of quantum computers in the early 1980s, and in 1984, “The Terminator” came out. The movie is set in a dystopian future in which an incredibly powerful computer called Skynet develops self-awareness and goes to war with mankind.Carvalho said that if people do not build quantum resistance into their projects, processes, infrastructures, and data now, it could soon be too late.
“It’s encrypted, but very soon it will be decrypted, and the keys that are around it will be available,” said Carvalho, who compared the situation to how Arnold Schwarzenegger’s character in “The Terminator” is sent back to the past to change the future.
“It’s a similar situation,“ he said. ”For you to save your future, you need to be quantum resilient now, because the future quantum capability is going to reveal your past keys that are your future and your past and your present.”
But Carvalho said regulators in the United States and European Union are growing increasingly aware of the threat from quantum computers.
“There are mandates for any critical infrastructure environments that deal with the government, military contractors, etc., to be quantum-resilient before 2030, and in some cases, 2028,“ he said. ”So we’re in 2026 now. It’s not a lot of time.
“We have to make sure that we’ve got human oversight in all the things we’re doing, so that we don’t create a Terminator-type world, which is technically possible.”






