# Quantum computing development and security implications > Live situation record from CLSTR: https://clstr.news/situations/quantum-computing-development-and-security-implications > Updated: 2026-08-22T01:07:31.000Z. Sources: 10. Developments: 2. Quantum computing technology is being recognized for its potential to transform scientific research. By utilizing qubits to simulate complex systems like molecular structures, the technology aims to accelerate progress in fields such as drug development, chemistry, and materials science. The United Nations designated 2025 as the International Year of Quantum Science and Technology to mark this field’s impact. As the technology advances through various architectures—including superconducting qubits, trapped ions, and topological qubits—it presents significant risks to global cybersecurity. The ability of quantum computers to perform exponentially faster calculations could potentially dismantle current encryption methods used for banking, government, and personal communications. In response, there is an ongoing effort by governments and technology companies to deploy post-quantum encryption. While some nations are already developing quantum communication networks, experts suggest a 19-34% likelihood that a quantum computer capable of breaking existing encryption will emerge by 2034. ## Timeline ### 2026-08-22: Quantum computing advances pose risks to global encryption Quantum computing offers revolutionary processing power through qubits but threatens to dismantle modern internet encryption, prompting a global race to develop post-quantum cybersecurity measures. 4 sources. https://clstr.news/cluster/quantum-computing-advances-pose-risks-to-global-encryption ### 2026-08-14: Quantum computing promises to transform scientific research Quantum computing uses qubits to simulate microscopic systems, potentially revolutionizing drug discovery and materials science. The UN has named 2025 the International Year of Quantum Science and Technology. 6 sources. https://clstr.news/cluster/quantum-computing-promises-to-transform-scientific-research --- Cite as: Quantum computing development and security implications. CLSTR, https://clstr.news/situations/quantum-computing-development-and-security-implications