As the unveiling of Willow triggered liquidations exceeding $1.7 billion, the industry is reeling from the real-world impact of heightened fears of future vulnerabilities. The question is no longer if quantum computing will disrupt blockchain security but when. In this moment of unknowing, where panic is growing, Quranium steps forward to shed light with the release of its previously unreleased Enterprise Quantum Readiness Survey.

The survey, which was conducted among nearly 100 CTOs and IT executives from large global organisations across various sectors - reveals a critical gap: while 75% of organizations acknowledge the disruptive potential of quantum computing, 60% have yet to begin concrete preparations. This lack of readiness amplifies the urgency of action, especially as quantum technology rapidly transitions from theoretical to practical applications.

A New Era of Risk

The Willow chip’s 105-qubit power demonstrates quantum computing’s potential to render current cryptographic systems obsolete. Kapil Dhiman, CEO of Quranium, stresses the immediacy of the challenge:

“Quantum computing will redefine digital security. Algorithms that have protected data for decades are now at risk, and industries must act quickly to build resilient systems that withstand this quantum disruption.”

This warning is echoed in reports from leading organizations like NIST (National Institute of Standards and Technology), which predict the deprecation of critical encryption algorithms by 2030, alongside warnings about “harvest now, decrypt later” threats—where encrypted data is collected today for decryption in the quantum future.

Survey Highlights: The State of Quantum Readiness

Quranium’s survey reveals critical insights into the state of enterprise quantum preparedness:

Recognizing the Threat but Lagging in Action: Over 75% of respondents predict significant disruption from quantum computing within the next decade. Yet, nearly two-thirds of organizations remain unprepared, creating vulnerabilities in industries reliant on secure data handling.

Barriers to Readiness: Security concerns, high perceived costs, and a lack of technical expertise are the top challenges. While 45% of respondents indicate a willingness to invest in quantum solutions, most have not taken tangible steps to address these barriers.

Collaboration and Training Gaps: Only 30% of organizations actively collaborate with academic institutions or quantum technology firms, and just 25% offer formal training on quantum technologies to employees, leaving industries ill-equipped to handle the transition.

Slow Adoption of Quantum-Resistant Encryption: While some companies have started implementing quantum-resistant encryption, more than half remain in exploratory phases or have taken no action, exposing critical systems to future vulnerabilities.

What’s Next? Bridging the Readiness Gap

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