Coinbase announces quantum cryptography plan, upgrading key management system Foresight News reported that Coinbase has published a blog post introducing its preparations in post quantum cryptography. Coinbase has stated that it will advance related work from three aspects: firstly, to develop a quantum version PQ CoreKMS for the key management system CoreKMS, which protects approximately 99.9% of custodial assets, and plans to deliver an automated signature process that supports post quantum signature algorithms within one year; Secondly, we will collaborate with Stanford University in August this year to convene the first post quantum migration seminar for Bitcoin core developers, cryptographers, and researchers; Thirdly, as a founding member of the Bitcoin Security Consortium, donate to a fund that supports Bitcoin developers in researching quantum problems and invest engineering manpower to support open source work on proposals such as BIP-360. The alliance members also include institutions such as BlackRock and Fidelity Digital Assets. \The article was written by Jeff Lunglhofer, Chief Information Security Officer of Coinbase, pointing out that a large-scale quantum computer capable of cracking existing cryptographic technologies will eventually emerge, although the specific time is still uncertain, but the relevant preparations need to start now. The independent advisory committee previously established by Coinbase believes that although the threat is not imminent, the industry should immediately prepare, and the core challenge lies in operational aspects such as user migration and decentralized protocol upgrades.