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Coinbase created an Independent Advisory Board on Quantum Computing and Blockchain to assess long-term cryptographic risks to Bitcoin, Ethereum and other chains. The board, featuring leading cryptographers and researchers, will publish position papers and a first risk assessment on quantum resilience early next year, and acknowledges that large-scale quantum computers capable of breaking current cryptography do not yet exist. The company stated it will publish guidance for the crypto industry to prepare for potential quantum threats to blockchain security in advance of developments that could compromise current cryptographic standards.
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Separately, Coinbase released a policy paper pushing tokenization as a way to expand global access to equities and bonds, arguing birthplace still shapes capital access. The document highlighted geographic and economic divides in market participation, noting that while more than half of adults in the United States invest in equities or bonds, participation falls below 10 percent in countries such as China and India. Coinbase CEO Brian Armstrong stated in the paper that access to capital markets is largely determined by birthplace rather than talent, citing home bias that concentrates investors in local markets with limited exposure to global growth.
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The Coinbase Independent Advisory Board on Quantum Computing and Blockchain will bring together researchers to assess emerging risks and offer guidance to developers, institutions, and users, according to the company. The board will operate independently and publish position papers evaluating the state of quantum computing and its implications for blockchain security. The advisory board includes Scott Aaronson, Dan Boneh, Justin Drake, Sreeram Kannan, Yehuda Lindell, and Dahlia Malkhi, representing expertise in cryptography, quantum computing, and blockchain research.
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