According to Odaily Planet Daily, the World Economic Forum (WEF) recently warned that central bank digital currencies (CBDCs) may be vulnerable to decryption attacks by quantum computer systems. Quantum computers are still largely in the experimental stage, and although various proofs of concept already exist, a few laboratories claim to have solved quantum system customization problems that traditional binary computers cannot solve in a reasonable time, but it will take a long time to truly achieve it.
The WEF addressed this danger in a May 21 blog post, saying that “central banks must embed cryptographic flexibility into CBDC systems to defend against quantum cyberattacks on payment infrastructure.”