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Alphabet unveils encrypted asset protection system to counter quantum computing threats

The Motley Fool +1 · ·by G4L

GOOGL Alphabet Inc
$284.78 +0.78%
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  1. 1Alphabet unveiled a new encrypted asset protection system for banks on October 28.
  2. 2Google Cloud plans to commercially launch the MPC system in early 2027.
  3. 3Alphabet's Google Cloud revenue for the third quarter reached $30.7 billion.

So what's the key point?

Alphabet introduced a new system to protect the encrypted assets of banks. While Google Cloud revenue reached $30.7 billion, the company plans to commercially launch this technology in early 2027.

Source The Motley Fool +1 · View original ↗

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