---
title: FINOS In The News - Is Quantum Computing a Threat to Crypto?
description: Both Dan Guido of Trail of Bits and Patrick Nielsen of Clovyr were interviewed by Markets Media at the FINOS hosted Open Source In FinTech Event -Building a Decentralized Economic Ecosystem - on March 5th, 2019 . Here's a snippet of that interview
---

[FINOS News](https://www.finos.org/news)

# [FINOS In The News - Is Quantum Computing a Threat to Crypto?](https://www.finos.org/news/finos-in-the-news-is-quantum-computing-a-threat-to-crypto)

 Written by [Aaron Griswold](https://www.finos.org/news/author/aaron-griswold) | Mar 12, 2019 12:54:30 PM

 

FINOS hosted its first Open Source In FinTech Event of the year on March 5th, 2019 at Moody's Analytics Accelerator. We were joined by [Amber Baldet](https://twitter.com/AmberBaldet) and [Patrick Nielsen](https://twitter.com/pmylund) of [Clovyr](https://twitter.com/GrowClovyr), and [Dan Guido](https://twitter.com/dguido) of [Trail of Bits](https://twitter.com/trailofbits) to discuss "Building a Decentralized Economic Ecosystem".

Both Dan and Patrick were interviewed at the event by [Markets Media](https://twitter.com/marketsmedia). Here's a snippet of that interview - with a link to the full article below:

>  
> 
> The chances that quantum computing advances would act like Setec Astronomy from the 1992 spy film Sneakers and unlock all cryptographic-based technologies like blockchains is slim at best, according to cryptographic and security experts.
> 
> "If quantum computers become real then someone may be able to reverse blockchain encryption in the future,” said Patrick Nielsen, co-founder and CTO of Clovyr, during a panel discussion hosted by the Fintech Open Source Foundation in Lower Manhattan. “There is a reason not to share your data with everyone even though it’s encrypted.”
> 
> However, when and if the world sees a functional quantum computer is open for debate

[Read the Full Article Here](https://www.marketsmedia.com/quantum-computing-poses-slight-risk-to-crypto/)

 

 

[View full post](https://www.finos.org/news/finos-in-the-news-is-quantum-computing-a-threat-to-crypto)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Aaron Griswold"
  },
  "dateModified" : "2019-03-12T12:54:30.348Z",
  "datePublished" : "2019-03-12T12:54:30Z",
  "headline" : "FINOS In The News - Is Quantum Computing a Threat to Crypto?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 760,
    "url" : "https://www.finos.org/hubfs/Screen%20Shot%202019-03-11%20at%201.17.27%20PM.png",
    "width" : 4040
  },
  "mainEntityOfPage" : "https://www.finos.org/news/finos-in-the-news-is-quantum-computing-a-threat-to-crypto",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "FINOS News"
  }
}
```