In this episode, Francis Gorman speaks with Maxwell Denega, the founder and CEO of Quantum Chain, about the urgent need for quantum-resistant financial systems. Maxwell shares his personal journey that led to the creation of Quantum Chain, emphasizing the importance of addressing quantum threats in the financial sector. The conversation delves into misconceptions surrounding quantum-resistant blockchain technology, the challenges of building secure systems, and the potential risks posed by the convergence of quantum computing and AI. Maxwell stresses the need for vigilance in choosing financial products and understanding the underlying technologies to ensure safety in an evolving digital landscape.

Takeaways

• Maxwell's journey from losing $4.5 million to creating Quantum Chain.
• Quantum computing is no longer a distant threat; it's imminent.
• The importance of building quantum-safe systems from day one.
• Misconceptions about quantum resistance in blockchain are prevalent.
• Regulators are just beginning to understand quantum threats.
• AI and quantum computing together pose significant risks.
• Choosing financial products wisely is crucial in today's landscape.
• The need for proprietary technology in quantum resistance.
• Harvest Now Decrypt Later (HNDL) is already a concern.
• The convergence of AI and quantum computing is a game changer.

Sound Bites

• "I could have taken another six years."
• "Quantum attacks are going to be happening."
• "It's a scary time."