Scholar’s Advanced Technological System

Chapter 1201: The Incense That Will Not Run Away

Balooh is not the only one who fainted.

Throughout the day, the incidence of heart disease in Manhattan has risen by almost 10 percentage points.

That gloomy stock market fell through the last line of psychological defense, just like people expected from North America's economic pessimism.

The resulting chain effect quickly swept the global financial markets, pushing them all the way across the Atlantic like dominoes from the Pacific to futures markets…

What does the existing password system mean once it fails?

This is not just about the risk of password theft, bank extortion.

Instead, it means that all financial products will lose their guarantee due to the failure of a series of algorithms such as RSA.

The first to be hit were the digital cryptocurrencies Bitcoin, which originally opened the Bitcoin payment channel's online merchant platform, shut down the interface to the Bitcoin wallet, no longer supported digital currency payments, and tried to clear up the relationship.

And immediately following the collapse is a series of financial derivatives.

Once confirmed to be unreliable, existing encryption rules are no less than the impact of quantum computers on bitcoins on credit-based financial markets.

Against the backdrop of the double-killing of the stock market and the bond market, Wall Street is a miserable place.

But then again.

Threats across the Pacific all day long are theirs, they are the ones who shift their domestic contradictions there, and they are the ones who dump cybersecurity issues on China's cyber warfare forces.

Although the Chinese State did not initiate, and is no different than proactively provoking, an information war without merit, there is no doubt that this time they are truly capable of winning the war.

Confusion under panic, but only as expected.

And this is a self-inflicted evil result...

Meanwhile, at the site of the twentieth Asia-Pacific Cybersecurity Summit, he looked down from the stage and saved his head.

Representatives from more than 20 countries, as well as dozens of non-profit international organizations and institutions, sat quietly in their seats, waiting for the Conference to begin.

Although the United States had been absent from the meeting, their seats had been set aside on the table, and even two bottles of mineral water had been placed.

Standing in front of the stage, Vice-Minister Yang from the Ministry of Industry and Information Technology of China delivered speeches on "Co-creation Internet Information Security” and “Quantum Encryption Algorithms and Quantum Communications”.

Although just two days ago, the vast majority of participants had a carefree expression on their faces, after yesterday's financial turmoil triggered by the United States, almost everyone was inspired by 120 points of spirit and listened to every word said by Deputy Minister Yang and feared missing out on every detail.

The presentation lasted 15 minutes and finally reached the questioning session.

Deputy Minister Yang stopped his speech and looked around the ladder room before handing over the opportunity to ask questions to all participants.

Soon, more than a dozen hands brushed up.

He nodded at him randomly in the front row, indicating that he could stand up and ask questions.

“Mr. Yang, does the quantum encryption algorithm mean that we can solve the security risks posed by quantum computers once and for all? ”

Asked by Clark, the president of the International Union for Security Certification of Information Systems (ICSIS), as soon as he arrived in Shanghai, he was assessing the risks that quantum computers could pose to existing communication rules and the financial order.

Changing encryption algorithms is not an easy task for any country or organization.

If it had to be changed, at least he had to figure out how long the algorithm would last.

“Unfortunately, the quantum encryption algorithm does not solve this problem permanently. It remains essentially a computational password and is not unconditionally secure. If it is a quantum computer with more than 2,000 quantum bits, it may only take one day to crack its password. ”

Looking carefully at Chairman Clark, Deputy Minister Yang continued.

“To truly solve this problem once and for all, we need a means of communication that is ultimately or unconditionally secure. In fact, the quantum submarine optical cable project that we are working on is precisely what we are preparing for. ”

“As for quantum encryption algorithms, their true meaning is not to solve any problems once and for all, but to help us survive the chaos of technological change and buy time. ”

Upon hearing that reply, President Clark nodded and sat down thoughtfully.

Immediately afterwards, the representative from England stood up and said in a questionable tone.

“Why not strengthen the regulation of quantum computers? At least limit the scope of its use. Your country does not seem to have considered the impact that sudden disclosure of such information could have on the existing Internet and on the financial order. Of course, I'm definitely not speculating that China is intentionally causing the turmoil in today's global financial markets, but I think we all have this question... haven't you thought about it? ”

Though absolutely nothing was said in his mouth, the representative of the United Kingdom could hardly have written the word "mistrust" on his face.

After hearing this, the voice of whispering was gradually heard in the conference room.

Yesterday's financial turmoil took place not only in North America, but almost globally, including China itself. In relative terms, however, the impact on China is probably minimal or even negligible.

After all, A-shares have been lying there all the time, and I didn't get up much...

In response to the question from the representative of the United Kingdom and the gaze of all participants, Deputy Minister Yang smiled slightly and looked at him.

“Have we thought about it, but have we warned you? ”

That statement was addressed to the representative of the United Kingdom and also to the participants in the plenary.

At the moment of hearing this, the expression on the face of the British representative clearly solidified, and an awkward expression appeared. There was also an embarrassing expression on the faces of the other participants, shifting his gaze from Vice-Minister Yang's face, who stood on the stage.

It seems…

I did warn you.

It's just that none of them took it seriously.

After all, nobody thought that it was so sudden that quantum computer technology, originally half-dead, had made a breakthrough in critical technology in just a few months, and had gone straight to the stomach in terms of computational power.

524 Quantum bits…

This is all about adding up all the extras that aren't on the list and putting them in a string, and they're all going to have to step on the dirt. If they knew there was such amazing technology, how could they not have worked so hard to update the encryption algorithm?

“As for your previous question," Vice-Minister Yang said with a slight smile, pausing for a moment, "in theory this is indeed possible in our country, and in fact we are doing it, you can rest assured. ”

Hearing that, the British representative felt relieved when he removed most of the pressure from his shoulders.

Luckily, Vice-Minister Yang gave him a step down.

“We sincerely thank you for your efforts on this issue… At the same time, we look forward to your assuming additional responsibilities. Of course, we will also cooperate..."

After leaving behind two words of coronation, he quickly sat back.

Immediately thereafter, the representative of Japan rose.

Just standing up, he couldn't wait to ask.

“Would your country consider exporting this technology? Or in any form of cooperation, allow quantum computers to enter the market in a free form…”

Almost everyone on the scene raised their ears the moment he asked the question.

Including the British delegate who had just sat down earlier, almost none of the knee bouncing reflexes stood up again.

In the face of the enthusiastic sight of the whole scene, Vice-Minister Yang's expression did not change much on his face, and his tone replied as usual.

“Not yet, but we do not restrict quantum computers from providing non-military computing services to offshore institutions and businesses, such as docking through satellites or dedicated lines of submarine optical cables. If your country is interested, our company will be happy to discuss specific cooperation matters with your company. ”

Having heard that, the representative of Japan had a somewhat embarrassing expression on his face.

Computing services provided by offshore servers…

If it's just factories or SMEs in general, how can they reassure large companies like Canon, Mitsubishi, and Toyota, which are linked to the lifeblood of the national economy, and some laboratories involved in sensitive research, that they can access their core competitiveness to a computer located offshore?

He looked acutely through the change in the expression on the face of the representative of Japan, and Vice-Minister Yang did not say the words dead, laughing and saying.

“… of course nothing is absolute. Perhaps China's semiconductor companies will consider their own development needs and open up foreign markets once we have completed the domestic information industry reform. Of course, this is purely market behaviour, and we will not interfere with it or even encourage them to do so! ”

When I heard that, a lot of people in the conference room took a lot of hard work to withstand the urge to roll their eyes.

Pure market behavior?

Huh.

You're lying!

However, even if they knew that in their hearts, they had no choice.

Backwards are beaten, and this has been the case since ancient times. Just like today's controllable nuclear fusion, a tiny pile of cores turns not knowing how many heinous bandits into licking dogs.

Even the highly-toed Americans have had to compromise on certain issues, especially in the face of the patented stream of star technology. The hooliganism is all the more helpless. I can only watch them output wildly over the head of their own high-tech enterprise. Finally, I ask if East Asian electricity delivery can be faster. Los Angeles fusion heap has been waiting too long...

The representative of Japan had just sat down and had not yet waited for the next speaker to get up, and the door behind the adjacent conference room had suddenly opened.

Participants in the ladder room turned back and had an unexpected look on their faces.

You don't have to guess who came in.

Only two empty seats and two bottles of unsealed mineral water remain in the entire conference room.

As he walked in, he sat down at the conference table in a shady face. Vice-Minister Yang stunned slightly, and a funny smile appeared on his face.

Didn't we agree not to come?

How did it smell so fast?