Study Suggests Quantum Physics Can Eliminate Credit Card Fraud

Quantum physics may make future credit cards “impossible to hack,” say the authors of a recent study.

As we all know, credit cards in their current state are prone to exploitation. This can cause major headaches for consumers hoping to keep their identities and credit lines out of the hands of cyber crooks.

The credit card in your wallet works using a magnetic strip and – in select cards – an embedded microchip. Time and again, this technology has been exploited by hackers, and surprisingly, it’s changed very little over the years, leaving consumers exposed to any thief with the desire and tech savvy to rob them of the information stored on their card.

However, science and research have revealed a new solution that will potentially provide consumers with credit and debit cards that are literally impossible to hack, all thanks to quantum physics.

Using a quantum security authentication (or QSA) system, a “nanoparticle strip” on the card would be “zapped with a laser” in a way that would make it fundamentally impossible to crack. It’s a difficult concept for most non-physicists to grasp, but in its simplest terms, the process works by “harnessing the qualities of light in the quantum state, in which photons can exist in multiple places at the same time.”

In short, hackers will never be able to recreate the pattern placed on the card. During testing, “attackers” were completely unable to decode the incident light pulse, meaning they could not digitally recreate the generated key, even if they knew what it was beforehand.

Additionally, QSA technology does not depend on stored data or unproven mathematical assumptions, and – according to researchers – its implementation with current technology should be fairly straightforward.

That’s right. The same team behind this project believes that the QSA system could be ready for use within a reasonable timeframe, not too far from today. Until then, we suggest keeping a careful eye on your current accounts, monitoring your account activity regularly.

Interested parties can read the full report on opticsinfobase.org.