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Many small retail enterprises are opting for retail app development that serves a variety of purposes.
Here is a brief explanation of the features that are must-haves in a mobile application for a retail store.
Customer Account/Registration
In today’s digital landscape, account creation and customer registration have become mandatory. However, only incorporating a customer account accretion and registration process is not enough. The features have to be quite simple and fast for a hassle-free experience. Customer loves a registration process which is simple, fast and easy. Any application which demands too much information and trivial details from its customers is usually a less preferred choice for a majority of customers.
Search Option with Filters and Sorting Utilities
An e-commerce app development without a search option is not worth consideration. Retail stores keep a vast variety of products that may include from groceries to even hardware. Dealing in one category like groceries inevitably includes hundreds or maybe thousands of different products. In such a packed scenario, a retail app must have a search, sort and filter option. Such utilities help customers find specifically their desired product and better explore the range of products.
A Continuously Updated Product Catalogue
Customers have their choices in terms of their everyday requirements and the majority of modern consumers do not compromise on their choices/preferred products. Therefore, a retail app development must include a product catalog that is continuously updated. The updates can be determined as per the supply of products, maybe on a weekly or a bi-weekly basis. However, frequent fluctuations in the supply of everyday stuff suggest that the products should be updated on a daily basis.
Home Delivery and Checkout
A retail store that delivers orders to customers’ addresses is usually a preferred choice. It’s not about the minimum order amount or the number of products, but it is about convenience. Retails stores can deliver products to the addresses that lie in the close proximity of a specific area.
The services can be enhanced and improved when they become more popular in a city or region and they choose to ship products to far places as well.
Availability of Different Payment Methods
This is another important aspect of retail app development often overlooks. In the modern world of wired transactions and varied methods of digital payment, the availability of different payment methods such as debit/credit card payments, UPI, mobile wallets, and similar mediums matter a lot. Not every customer has the same payment gateway and payment preferences. Therefore, offering multiple payment mediums is a plus as it can garner a huge customer base simply due to extra convenience.
Customers are using retail apps more aggressively than ever. The reasons are lack of time for routine shopping, home delivery, and offers such as cashback, discounts, and convenience. Nonetheless, businesses have to be more careful about the features along with an easy and simple UI in their retail apps.
Looking to develop an app for Android/iOS or any other platform? Get in touch with our experts for a mobile app development quote today! With a portfolio inclusive of clients such as BCCI, Samsung, BookMyShow, OLX, and Magicbricks to name a few, you shouldn’t be looking anywhere else.
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What To Know Before You Use Otc Insulin
People with type-1 diabetes, and some with type 2, need insulin to stay alive. If you have diabetes, running out of insulin is a serious emergency that can happen for several reasons, such as a broken or lost bottle or a forgotten prescription. Insulin is easier to get than you might think when you need it. Most forms of insulin made today need a prescription, but some older forms can be bought without a note from a doctor.
Over-the-counter (OTC) insulin is a cost-effective way for people with diabetes to deal with the shortage of insulin. Due to a regulatory loophole, over-the-counter (OTC) insulin has been available to the public for decades. Recently, the price of OTC insulin has decreased because of a partnership between Walmart and the drug company Novo Nordisk to sell a Walmart brand of OTC insulin called ReliOn.
OTC insulinSome of the older types of insulin can be bought without a doctor’s prescription, but many doctors in the current system need to learn this. Two kinds of human insulin can be purchased without a prescription: regular human insulin and NPH human insulin. This type of insulin was first made available in the early 1980s. It is harder to break down than some more recent prescription insulins. Patients can pay anywhere from $200 to $25 for each vial, depending on which pharmacy they visit.
Some types of insulin are now available over-the-counter (OTC) because they are not as strong and can be used without a doctor’s supervision. The Food & Drug Administration has said that this type of insulin makes it possible for people with diabetes to get life-saving medicine in time for medical emergencies. Patients are switching to insulin that doesn’t need a prescription because it costs less, especially since copayments and premiums are going up and insurance coverage is going away.
Impediments to ComplianceEven though there have been improvements in how insulin is made and given, many doctors, educators, and patients still focus on sticking to insulin. The main things that affect how well people stick to their insulin are patient barriers, drug factors, and system factors, according to the American Diabetes Association.
Some problems people have with insulin are forgetting to ask for or pick up refills, failing to take the dose, being afraid of the medicine, feeling down, or having the wrong idea about how well the medicine works. Patients should consider how complicated dosage schedules, daily doses, high drug costs, and unwanted side effects can be. A systemic problem might be that there needs to be more help or follow-up.
When thinking about the best way to prescribe, dose, and give insulin, it’s natural to think that money and time will be an issue. Many Americans need health insurance, have plans that need to cover more or have high deductibles. Because of this, many people only see their primary care doctors or specialists for at least a year.
Putting off or skipping these doctor visits can keep people from getting the necessary insulin and other medications to stay alive. Because of this, there has been a rise in the demand for insulins that don’t need a prescription. Insulin can be bought over the counter by about 15% of people who need it.
How does over-the-counter insulin work, and how is it different from newer insulin?The insulin you can buy over the counter is also called “synthetic human insulin.” Insulin and insulin analogs, a newer type of insulin, are not the same. The most common types of insulin that can be bought without a prescription are −
Regular insulin, which works quickly.
NPH insulin, which works slowly.
A mixture of the two insulins is called 70-30.
Walmart sells all three under the ReliOn brand, and a single vial costs about $25. Large pharmacy chains allow people to get regular, NPH, and 70-30 insulin without a prescription. Walmart is said to sell more non-prescription insulin than any other pharmacy. It is most likely because Walmart’s prices are so much lower.
Differences Between Insulin You Can Buy Over the Counter and Newer InsulinPeople with type 1 & type 2 diabetes need to know the difference between over-the-counter (OTC) insulin and newer insulin analogs. How they work in the body, how long they stay there, and when they reach their peak differ from how insulin is made today.
If you use regular insulin, you might have to plan meals up to an hour ahead. Because it takes 30 to 60 minutes for your body to start responding to it. It differs from newer insulins, which must be taken 30 minutes before a meal. Keep an eye on your blood sugar levels, and don’t be surprised by a low around six hours when NPH insulin is at its highest. It is different from modern insulins, which don’t show a peak.
These are not exact copies of the first ones. They aren’t even close to agreeing on anything. But if you know what to expect, you can prepare for it and do well. So, getting the word out about these insulins is very important.
When switching to new insulin, it’s essential to work closely with a doctor or nurse to fine-tune the dose and determine how the new drug compares to the old one.
There are different ways to give over-the-counter insulin to a person. For use, you need a syringe and a vial. Insulin is often sold in the form of a pen these days. To do this, you must ask about the right way to handle and store insulin vials, syringes, and vials.
ConclusionOn the other hand, prescription insulin analogs are better because they keep glucose levels from going up and down too much and are more like normal insulin. But because of all the problems in the healthcare industry, doctors often find themselves teaching patients how to do the wrong things.
If you need a doctor’s help and knowledge, using insulins you can buy over the counter could be dangerous. But in extreme cases, the insulin you can buy over the counter can save your life. So, it’s crucial to talk to patients and teach them how much OTC insulin to take, which is usually the same amount as the analog insulin they were taking before.
People with diabetes should know that insulins sold over-the-counter (OTC) work differently than the insulins they may be used to by prescription. It is vital to know the signs of hypoglycemia and hyperglycemia to avoid problems and when self-monitoring of blood glucose is needed. In less-than-ideal situations, patients can avoid or lessen diabetes-related illnesses and problems by learning to manage their diabetes.
Why Digital Signage Is Core To Your Retail Technology
We are blessed, and in many ways overwhelmed, by countless choices when it comes to what we want to buy and how we purchase and receive those things.
But we still physically shop, and even “e-tailing” giants like Amazon are opening physical stores for a variety of reasons. Retail is not dying — but it is certainly evolving.
Those brick and mortar retailers that are surviving and thriving are squarely focused on one key attribute of effective retailing: the customer experience. Display technology, such as digital posters, window displays, video walls and interactive stations, are increasingly central to delivering the experience shoppers want to have in physical stores, especially as they continue to deal with the COVID-19 pandemic.
Delivering an experienceCustomer experience in retail can be described and interpreted in any number of ways, but it really comes down to the following:
Autonomy: Shoppers sometimes want to be left alone to make orders, perform product look-ups and check out, but they also like to have assistance available if they need it.
Ambiance: They want stores that are more than just stocked showrooms. They want experiences.
Services: They expect certain things that were once amenities to now be standard — such as Wi-Fi and newer, more flexible payment methods like mobile POS.
Smart: Shoppers want stores to be optimized for them both in the way they’re designed and how information is made available or delivered.
Safety: As a result of the COVID-19 pandemic, consumers want to feel safe when shopping in stores and trust that the retailer has their safety in mind.
The right display for each situationSo how do digital signage and interactive display technologies drive experience? By helping deliver all of the above attributes.
Let’s take autonomy as an example. Retail research found 95 percent of customers prefer to be left alone as they shop. Almost as many said they’d even prefer to do their own price checks, as opposed to asking store staff. The clear message: they don’t like being “sold” to and pressured to make purchases.
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But shoppers often do have questions, and interactive displays positioned strategically around a store can provide valuable information and help convert browsers into buyers while maintaining the autonomy that people crave.
That shows up in different ways around stores — owing a lot to what the store sells, how it works and its overall style and physical footprint.
Wireless carriers use touchscreen displays to help consumers find and narrow their options for plans, which are steadily evolving. That’s particularly helpful because these kinds of stores often have more customers than available associates, and sales and activations can take a long time. Touchscreens can answer questions even when staff members are busy — and because plans and offers change so often, a well-managed touchscreen system has the most correct and current information. Kiosks, for example, even offer retailers the flexibility of allowing customers to make an order and complete a transaction on their own time, which eliminates the need for face-to-face interaction with associates entirely.
In a large-footprint store, digital directories help locate products amid all the aisles, highlight special offers, and often double as price-checkers and inventory look-up tools.
At the opposite end of size, retailers as diverse as automotive and beauty brands are shrinking store sizes in high-rent districts like city centers to lower operating costs but still access consumers in attractive locations. Automakers are using large video walls and touchscreens to help shoppers configure vehicles and view them at life-size, while cosmetic companies are using in-aisle touchscreens to allow shoppers to look over the full “endless aisle” of products.
Thoughtful displaysThe first generation of stores investing in digital signage often did so with the mindset that technology demonstrated the retail brand’s commitment to innovation. Sometimes, there were displays where they weren’t needed or screens that perhaps were in the right spot but running ineffective or outdated content.
These days, retailers are much more thoughtful and strategic about where displays are placed. The data from retail software providers paired with displays is helping retailers know where consumers are spending time inside the store so they can readjust products or signage accordingly to maximize sales.
High-brightness displays in windows are used to convert passersby into shoppers through call-to-action messaging. Samsung now has a very clever dual-sided display solution that puts screens back-to-back on an impossibly thin totem, with a super-bright screen facing outside that cuts through glare and a second screen facing into the store, running separate messaging. It makes the most of a highly-prized visual space.
Setting the moodA macro trend we’re seeing develop in commercial property and retail is using direct view LED as architectural design elements. In the old days — like a couple of years ago — stores put video walls of various sizes on feature walls to dress up the store and drive brand messaging.
Now, architects and retail designers are thinking of LED as a wall covering, a ceiling or even a floor. The modular nature of LED displays is that they can be shaped and sized to fit a need, even being formed in gentle curves as space demands.
Fine-pitch versions of direct view LED products result in visuals that can look good at relatively close quarters, but with none of the seams or restricted dimensions of flat panel displays.
Most exciting, products such as Samsung’s microLED-driven The Wall produce high resolution, vivid visuals that rival premium flat panel displays at whatever size is necessary for the store design.
Designing and delivering amazing in-store visual experiences makes a statement about the store and its point of view. Done well, it makes shoppers feel positive about being there and makes them want to return.
Digital for the winDigital signage and interactive displays seal the business argument when they drive experience and solve problems. Sometimes, the signage is grand, like a vast video wall. Other times, it’s far more subtle, like a small shelf-edge display or navigational screen.
What’s common? Digital signage is now everywhere. Just take a look around the next time you hit the mall or high street.
Get your free guide to the what, where and how of digital signage in retail environments. From interactive kiosks to outdoor-ready displays to eye-popping video walls, explore Samsung’s full range of groundbreaking retail digital signage.
Oppo R15: 6 Things You Must Know
Oppo is one of the biggest names in the smartphone industry and in the Oppo R15 and R15 Dream Mirror Edition, the company has the latest flagship phones that continue to push the adoption of the dreaded notch, which is kind of becoming a norm in the Android fraternity.
The Oppo R15 family had been scheduled for a March 31 launch, but the company went for an earlier launch, which suggests that the phones may start selling in early April. But before we get further, let’s check out the specs of both phones – R15 and R15 Dream Mirror.
Specs
Oppo R15
6.28-inch 19:9 full HD+ OLED display
MediaTek Helio P60 SoC
6/128GB memory
Dual 16MP (f/1.7) + 5MP (f/2.2) main camera
20MP (f/2.0) front camera
3450mAh battery
Android 8.1 Oreo
Extras: Bluetooth 4.2, microSD card (up to 256GB), rear-mounted scanner, VOOC flash charge, microUSB, 3.5mm audio jack, portrait mode
Oppo R15 Dream Mirror
6.28-inch 19:9 full HD+ OLED display
Snapdragon 660 SoC
6/128GB memory
Dual 16MP (f/1.7) + 20MP (f/1.7) main camera
20MP (f/2.0) front camera
3400mAh battery
Android 8.1 Oreo
Extras: Bluetooth 5.0, microSD card (up to 256GB), rear-mounted scanner, VOOC flash charge, microUSB, 3.5mm audio jack, portrait mode, etc.
Price and availability
Oppo R15 – ¥2,999 ($475 approx.)
Oppo R15 Dream Mirror edition – ¥3,299 ($520 approx.)
Oppo R15 Ceramic edition – ¥3,499 ($552 approx.)
The R15 and R15 Dream Mirror edition phones are releasing in China — exclusively — on April 1, for the price of ¥2,999 and ¥3,299 respectively.
We hope Oppo takes them to Europe, India, and other countries in Asia soon, but it could easily by May-June 2023 by the time device breaks the China-only promise.
6 Things to know about Oppo R15
Is a practical spec sheet also the best one?
Design-wise, the Oppo R15 and R15 Dream Mirror are the same devices. You’ll only know the two are different when you get inside the phones, where the standard R15 has a MediaTek Helio P60 chipset while the R15 Dream Mirror has a Snapdragon 660 chipset. While there are some differences in the camera configuration as well, the pair has the same memory options, software, and battery capacity.
That it doesn’t feature a high-end processor like the Snapdragon 845 — that you find on the Galaxy S9, and will on OnePlus 6 most probably — could dampen the mood of some of the young buyers who are more keen on a robust spec sheet, something they can also get from Asus ZenFone 5Z in this range. But when you look at the impressive camera, massive 6GB of RAM and 128 gigs of storage, what an average consumer need is in abundance here.
Given that the Oppo R15 and R15 Dream Mirror will command price tags of between $470 and $530, it makes little sense why one would want to buy either phone when OnePlus 5T and the latest Asus ZenFone 5Z clearly offer a better bang for the buck.
If it’s a notch you are interested in, the ZenFone 5Z has one that is 26% smaller than the iPhone X. Even better is that it rocks the most recent hardware specs led by Qualcomm’s Snapdragon 845, yet it is in the same price range as the R15 pair.
Although slightly disappointing on the specs front, the Oppo R15 twins have the best of memory options in the shape of 6GB RAM and 128GB storage. This is simply massive and given the raw power supplied by the Snapdragon 660, you will still be getting an excellent handset.
You could be looking at the OnePlus 6, already!
Going by recent history, the upcoming OnePlus 6 should look exactly like Oppo R15. For the uninitiated, OnePlus 5 was very identical to the Oppo’s R11, whose successor, the R11S, is what the OnePlus 5T looks like.
Even though there’s word that the price may be higher than the $499 OnePlus 5T, we don’t expect any drastic departure from last year’s pricing strategy. With this in mind, you might be better placed to wait for OnePlus 6 than buy any of the R15 phones – because the 5T successor is going to be one hell of a beast.
Related: Download Oppo R15 stock wallpapers for your Android device
The notch is here to stay
Oppo R15 and R15 Dream Mirror share the same screen size that pushes a new 19:9 aspect ratio, overtaking Samsung Galaxy S9’s 18.5:9, and thus achieving an impressive screen-to-body ratio of 90%. However, the pair joins a bunch of other Android phones with a notch, which pretty much sums it up – that the notch is here to stay.
As noted, OnePlus 6 could follow the same route and we already know of several other Android OEMs that are going this direction. The aforementioned ZenFone 5Z is among them alongside the upcoming Huawei P20 series.
Read More: Android phones with a notch
Android 8.1, yay! But…
It’s good to see that Oppo R15 and R15 Dream Mirror are based on Android 8.1 Oreo out of the box. While this is a welcome move, it comes at a price, if history is to be consulted.
Oppo has a poor track record in major OS upgrades. With this in mind, it’s likely that Android 8.1 Oreo is the best you get on the Oppo R15 and R15 Dream Mirror. It’s surprising how such a huge smartphone vendor can ignore one of the most important aspects of any phone, but with Project Treble out of the box, we hope they do give users Android P update treat.
A Solid camera
It’s not possible to determine the quality of a phone’s camera by looking at on-paper specs. However, given Oppo’s recent focus on smartphone photography, we don’t expect the dual-lens setups on the Oppo R15 and R15 Dream Mirror to disappoint, especially the latter.
The Dream Mirror is expected to be better in low-light photography thanks to the wider f/1.7 aperture on both sensors and with the help of Oppo’s software customizations, the 20MP front shooters should also deliver some of the best selfies out there.
No dust and water resistance, bummer!
The latest handsets might be the greatest from Oppo at the moment, but they still lack some of the best features of smartphones. By their price, the two are midrange phones, however, they also happen to be the premium offerings from the Chinese vendor.
If anything, it would have made some sense to include some form of dust and water resistance, but if the likes of Google Pixel and Pixel XL or even OnePlus 5T have no such feature yet they are still some of the best phones on the market, the lack of dust and water resistance shouldn’t be the reason for writing off the Oppo R15 and R15 Dream Mirror.
However, it’s unforgivable that such premium phones are still shipping with a microUSB port in Q2 2023! On the brighter side, you still get the traditional 3.5mm audio jack, which is lucky to have on a $500+ phone these days.
What are your thoughts on the Oppo’s latest handsets? Would you buy, or know anyone whom you would recommend any of these phones?
5 Things You Need To Know About Microsoft Buying Linkedin
Huge news today: Microsoft is buying LinkedIn, the social networking site for business professionals.
Is this a good deal for Microsoft? And what could this mean for your social media marketing strategy?
Here are five things you need to know about this big tech acquisition.
1. What’s The Deal With Microsoft Acquiring LinkedIn?Microsoft announced today that is will acquire LinkedIn, which has more than 433 million members (about 105 million of those are active monthly users, and 2 million are paid subscribers), for a whopping $26.2 billion in cash. Jeff Weiner will remain CEO of LinkedIn, reporting to Microsoft CEO Satya Nadella.
A couple more stats of note: LinkedIn had 45 billion page views in the last quarter, and more than 60 percent of its traffic is mobile.
Rumors began circulating about this deal in April. At the time, chúng tôi noted:
Pending final approval from shareholders and regulatory review, the deal should be done before the end of this year.
2. Why Is LinkedIn Selling Now?LinkedIn CEO Jeff Weiner shared an email he sent to employees today:
“When Satya first proposed the idea of acquiring LinkedIn, he said it was absolutely essential that we had alignment on two things: Purpose and structure. On the former, it didn’t take long before the two of us realized we had virtually identical mission statements. For LinkedIn, it was to connect the world’s professionals to make them more productive and successful, and for Microsoft it was to empower every individual and organization in the world to achieve more. Essentially, we’re both trying to do the same thing but coming at it from two different places: For LinkedIn, it’s the professional network, and for Microsoft, the professional cloud.
Both of us recognized that combining these assets would be unique and had the potential to unlock some enormous opportunities.”
3. Is This Deal Good Or Bad For Microsoft?Cleary, Microsoft is making a huge bid here to put itself front and center in the life of every business professional.
This is a great business move for Microsoft, according to Jasmine Sandler, CEO of Agent-cy Online Marketing, a B2B social media marketing agency and training business.
“They are taking on a company that is the leader in B2B social networking and has an embedded user base (for any Microsoft products) of over 433 million captive global business professionals,” Sandler said. “The M&A makes a ton of sense in that they have common customers and can both expand their offerings and value to them.”
The combination of Microsoft’s and LinkedIn’s graphs show the complementary nature of this deal, which Microsoft says will create “more connected, intelligent and productive experiences”:
However, count Larry Kim, CTO and founder of search marketing SaaS company WordStream, as one who believes Microsoft overpaid.
“LinkedIn is essentially (1) recruiting platform for HR professionals (2) a sales prospecting tool for enterprise sales reps (3) a place to publish your resume online (4) a place to upload SlideShares and blog posts (5) a mediocre ad network,” he said. “I’m not sure why this is worth $26 billion to Microsoft.”
4. Is This Deal Good Or Bad For LinkedIn?Microsoft highlighted several opportunities to grow LinkedIn, such as creating a unified professional profile, an “intelligent” newsfeed to keep members connected, and turning Cortana into your professional digital assistant.
“The acquisition is definitely a boon for LinkedIn because Microsoft can help grow LinkedIn faster,” said Lee Odden, CEO of TopRank Marketing. “LinkedIn will retain its brand, culture and independence with Jeff Weiner remaining as CEO and I think that will be important.”
Sandler said this merger cements LinkedIn as a leader in services and products in the business networking space.
“Many social networks have tried and are trying to compete and beat LinkedIn,” Sandler said. “Facebook at Work is a perfect example, never mind the millions of wannabe LinkedIn startups out there.”
Erik Qualman, a best-selling author who will soon release his next book “How to Sell on LinkedIn”, said he was shocked and a little disappointed by this move because LinkedIn has so much more room to grow:
“I’m concerned about why LinkedIn felt compelled to sell – is there something the executives see that will limit their growth?” Qualman said. “From the surface they still had a ton of room to grow internationally (they aren’t blocked in China), get more blue-collar workers on the platform, and they have the entire high school and university play (lowering the age limit to 13).
“In my mind, LinkedIn is still the world’s greatest selling tool,” he added. “As a lover of social media is sad to see one of the pillars get gobbled up.”
However, according to Kim, this is the best possible outcome for LinkedIn.
“The company was struggling in a lot of areas like competition from other social media networks, and even just general confusion over what they wanted to become,” Kim said.
5. How Could This Acquisition Impact Marketers?Overall, Odden said he thinks the promise of helping individuals to become more productive, and increase skills and connections – along with greater opportunities for sales and marketing – is pretty compelling.
“I’ve always wanted to see LinkedIn expand to a professional CRM and with Dynamics I think we’ll finally see that,” he added. “From general networking to finding subject matter experts based on what you’re working on to connecting with internal and external influencers, there are many benefits to a LinkedIn CRM integration.
Sandler agreed. For LinkedIn marketers, this acquisition could mean amazing opportunities to reach and engage your target audience.
Despite all the potential in the world, LinkedIn could fail under Microsoft. Remember Yammer? If not, you aren’t alone.
“There’s a risk that products slowly fade away after being acquired,” Kim said. “If you were investing in LinkedIn as a social network for marketing purposes consider diversifying to other platforms like Facebook and Medium.”
Featured image created via Photoshop from Microsoft press release images.
Gear Up For The Application Of Quantum Computing In Your Organization
How can you use quantum computing in your organization?
Quantum computing may sound like a term relegated to science fiction, but the truth is we’re closer to practical quantum computers than some might think. When it becomes mainstream, it’s going to change how we approach a lot of problems – and how we think of our current computing model. While all of its uses may not be clearly defined, one thing that quantum computing is definitely going to impact is cybersecurity. Because of how quantum computing works, it could pose a threat to the encryption technologies most people are employing today. The way most computers work is with something called a “bit” – a term you’ve most likely heard before. Each of these bits is a collection of binary numbers, 1s, and 0s. These 1s and 0s in turn represent the state of a transistor, the basic hardware building block of all electronics. To put it simply, 1 or 0 is when an electrical charge is on or off. This form of computer is formally called “classical” computing and relies on this binary system to carry out all processes. This is what the cybersecurity world currently relies on, and is where Peter Shor steps in, a mathematician who discovered a new type of algorithm that could potentially solve all modern encryption algorithms. These quantum bits use the complex physics of quantum mechanics to have three states for each bit rather than the traditional two (binary). While the physics involved are fairly complicated, the basic idea is that qubits can be on, off, or “both on and off,” thereby adding another possible state for the bit.
The Expected RisksThe way that modern encryption works are built around how difficult it is for classical (binary) computers to solve a specific mathematical equation. One example is factoring large numbers, which can easily take hundreds of years for a classical computer to solve. The distressing news for security specialists everywhere is that qubits can much more quickly compute a lot of the complex mathematics that classical computers have a problem with. In fact, the two common encryption technologies, elliptic-curve cryptography (ECC) and Rivest-Shamir-Adleman (RSA) encryption can both theoretically be solved through qubits. Thankfully, there are some solutions, but applying them can be difficult and expensive. Considering the financial and security impacts Covid-19 has had on businesses around the world, a new cyber threat is not something that any organization needs right now. There is no current guarantee that mainstream cryptographic systems are at risk, but it is still on the minds of security professionals. Organizations such as the National Institute of Standards and Technology (NIST) have already started evaluating 69 new potential methods for dealing with post-quantum cryptography (PQC). Though mainstream quantum computing may be years away, there are still some challenges and risks to consider now, that could help to minimize fallout down the road. Applying security updates is often easier said than done, especially as users don’t always keep up with security updates on their own devices and machines. This can be a problem, given the increase in the reliance on IoT, cloud computing, etc., and how common they’ve become in homes and businesses. One way to address this problem is by implementing security protocols before products reach their consumers. A lot of data is being stored in the cloud, from passwords to random sensor readings. This data can be hacked and saved for later when quantum computing is viable. In theory, hackers can gain the encrypted information and sit on it until they have access to quantum computers to make quick work of the encryption. Whether there is great benefit in doing so is another question, but the point is, even when prioritizing compliance and security, there’s still a significant risk for businesses. Therefore, it’s a good idea to plan ahead and stay crypto-agile so when the quantum revolution happens, organizations aren’t caught off-guard.
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