Quantum money, a revolutionary concept where value is represented by the quantum state of a particle, could transform secure transactions. Unlike traditional forms of money, quantum money would be uncopyable, leveraging principles like superposition and the no-cloning theorem to ensure security. This innovation could enable self-custodial, private transactions without intermediaries, potentially eliminating the need for banks and blockchain.
Experts such as Stefano Gogioso and Fabrizio Genovese highlight the potential of quantum money to offer a fundamentally secure and unstoppable method of value transfer. Despite its promise, the technology remains in its infancy, with necessary hardware for receiving quantum money still under development.
Quantum Money Promises Uncopyable, Secure Transactions
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