Scientists have created an ultrasecure form of money using quantum mechanics — and immediately demonstrated a potential security loophole.
Under ideal conditions, quantum currency is impossible to counterfeit. But thanks to the messiness of reality, a forger with access to sophisticated equipment could skirt that quantum security if banks don’t take appropriate precautions, scientists report March 1 in npj Quantum Information. Quantum money as a concept has been around since the 1970s, but this is the first time anyone has created and counterfeited quantum cash, says study coauthor Karel Lemr, a quantum physicist at Palacký University Olomouc in the Czech Republic.
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