Sooner or later the intelligence services of the USA, Russia or China will learn to crack the encryption of the block chain. This was stated by the CEO of the private intelligence analysis company Stratfor, George Friedman in an interview with CNBC.
“I know of no one encryption technology, which would not be compromised”, he said.
According to him, in the future the blockchain will “expire” and lose its value. Despite this statement, Friedman believes that the technology of distributed registry performs useful and important functions.
He also said that the theme of the blockchain is at the peak of excitement, and “people benefit and earn making incredible statements.”
We will note, according to one study, in ten years, computers based on quantum principles become a threat to the blockchain technology. However, according to the statement of the representative of the American Institute for economic research Jeffrey Tucker, a quantum computer not fatal to bitcoin.
We will remind, in June the General Director of the Spanish Bank Banco Bilbao Vizcaya Argentaria Carlos Torres stated that the blockchain technology is immature and has some serious problems.
According to the materials: forklog.com