New quantum threat could weaken cryptocurrency encryption systems

A new warning from Google says advances in quantum computing could weaken widely used cryptographic systems protecting cryptocurrencies and digital infrastructure. A new whitepaper suggests future quantum machines may need fewer resources than previously estimated to break elliptic curve cryptography.

The research focuses on the elliptic curve discrete logarithm problem, which underpins much of today’s blockchain security. Findings suggest quantum algorithms like Shor’s could run with fewer qubits and gates, increasing concerns about cryptographic resilience.

To address the risk, the paper recommends a transition to post-quantum cryptography, which is designed to resist quantum attacks. It also outlines short-term blockchain measures, including avoiding reuse of vulnerable wallet addresses and preparing digital asset migration strategies.

Google also introduced a responsible disclosure approach using zero-knowledge proofs to communicate vulnerabilities without exposing exploitable details.

The company says this balances transparency and security, supporting coordinated efforts across crypto and research communities to prepare for quantum threats.

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Funding boost for UK cities innovation sector

The UK government has pledged up to £20 million to boost the creative technology sector in the Tay Cities Region. The investment aims to support innovation in areas such as video games and virtual reality while driving economic growth.

Funding will help develop local talent and accelerate projects from early research to commercial products. The initiative focuses on strengthening collaboration between businesses, researchers and public bodies to expand opportunities across the region.

Centred around Dundee and the surrounding areas, the programme will build on an established reputation in digital industries. Universities and industry partners are expected to play a key role in delivering research, training and access to investment networks.

UK officials say the move will create jobs and open new markets, while supporting emerging applications in sectors including healthcare and education. The funding forms part of a wider national strategy to strengthen innovation and regional economies.

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EPO strengthens industry collaboration on European patent innovation

The European Patent Office (EPO) has reinforced cooperation with industry stakeholders through discussions with the German Association of Industry IP Experts, focusing on strengthening the European patent system and supporting innovation.

A meeting that brought together representatives from major industrial actors to align priorities and explore future collaboration.

Discussions between the EPO and the stakeholders centred on enhancing technology transfer, empowering startups and fostering economic growth across Europe.

Participants emphasised the importance of inclusive engagement among patent system users instead of fragmented approaches, ensuring that innovation strategies reflect both industrial and societal needs.

The Unitary Patent system was highlighted as gaining traction, particularly among smaller entities such as SMEs, individual inventors and research organisations. Such a trend reflects broader efforts to improve accessibility and scalability within the European innovation ecosystem.

AI also featured prominently, with both sides recognising its growing role in improving efficiency and quality in patent processes.

A human-centric approach remains essential, ensuring that AI deployment supports responsible innovation while maintaining high standards in patent examination and services.

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Technology reshapes pensions engagement

New technology is reshaping how people engage with pensions, according to Financial Conduct Authority chief executive Nikhil Rathi. Speaking in London, he highlighted the growing role of AI and digital tools in helping savers better understand their retirement finances.

Pensions dashboards are expected to give millions a clearer view of their savings, potentially driving greater engagement and behavioural change. Increased visibility may encourage actions such as consolidating pension pots or adjusting contributions.

London officials warn that stronger engagement brings risks as well as opportunities, with many consumers still lacking clear retirement plans. Policymakers aim to balance protection with flexibility, promoting informed decisions while avoiding overly restrictive systems.

Advances in AI are also enabling more personalised financial guidance, making it easier for users to explore retirement scenarios. Experts say the future of pensions will depend on integrating savings, housing and wider financial planning into a more connected system.

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Why Geneva’s AI week matters more than a single summit

Geneva will host far more than another technology summit in July 2026. Over the course of a single week, the city will bring together three processes that are usually treated as separate tracks: ITU’s ‘AI for Good Global Summit‘, the inaugural ‘Global Dialogue on AI Governance‘ under UN auspices, and the ‘WSIS Forum 2026‘.

Swiss authorities have already laid out a timetable that shows how closely these strands are now aligned. The Global Dialogue on AI Governance is scheduled for 6 and 7 July, AI for Good will run from 7 to 10 July, and the WSIS Forum will take place from 6 to 10 July.

That overlap is more than a matter of scheduling. A more important signal lies in the fact that the same city will briefly host three different approaches to the global AI debate. The first is the innovation and demonstration layer. AI for Good has long brought together companies, researchers, startups, and international organisations to explore practical uses of AI across healthcare and education, as well as climate and development.

AI for Good and a UN governance dialogue will bring policy and technology discussions together in Geneva.

Recent trade coverage suggests that the 2026 edition will again combine live demonstrations, standards discussions, national strategies, and skills-related conversations, making the summit more than a conventional conference. It is increasingly becoming a showcase for both technological ambition and the policy language surrounding it.

The second layer is diplomatic. The Global Dialogue on AI Governance, which will be held in Geneva for the first time, carries far more weight than a ceremonial UN gathering. As CSIS has argued, the forum should be read as a sign of broader realignment in global AI politics, especially in relation to the US, China, and countries in the Global South.

The questions at stake go beyond safe and responsible AI development. They also include the interoperability of national regulatory approaches, the capacity of developing countries to engage with AI governance, and the distribution of political influence in shaping future rules.

The third layer is developmental and institutional. The WSIS Forum has long served as a platform for debates on the information society, digital cooperation, and development policy. It’s running in parallel to AI for Good, and the new UN dialogue shows that AI is no longer a subject that can remain confined to technical or commercial circles. Instead, AI is being folded more directly into wider debates on inclusion, digital capacity, development, and international cooperation.

That is what makes Geneva’s July calendar noteworthy. The significance lies not simply in the fact that three events are happening at once, but in what their convergence represents. For a few days, technology showcases, multilateral governance talks, and long-running digital development agendas will be forced into the same conversation.

If earlier AI debates could still be treated as separate tracks, July 2026 suggests they are beginning to merge. That convergence may prove to be the more important story.

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UK-Philippines partnership advances digital education and EdTech

The British Embassy in Manila and the Philippines’ Department of Education have expanded cooperation to advance EdTech and digital learning, focusing on inclusive and evidence-based approaches instead of fragmented implementation.

A partnership that aims to strengthen foundational learning while supporting long-term resilience in the education system.

Support is being delivered through EdTech Hub, with initiatives centred on developing a National EdTech Policy, improving responses to climate-related disruptions, and expanding the use of AI in education administration.

The programme includes pilot projects and evaluation frameworks designed to ensure technology adoption remains effective, scalable, and responsive to local needs.

A key component involves participation in global AI initiatives, including an observatory and challenge programme to build institutional capacity and encourage experimentation.

These efforts seek to enhance efficiency in education systems while supporting innovation in teaching and learning environments, particularly in areas affected by environmental and structural challenges.

The collaboration between the UK and the Philippines reflects a broader commitment to digital transformation in education across Southeast Asia, aiming to ensure equitable access to learning opportunities.

By combining research, policy development, and technological innovation, both sides seek to prepare students and institutions for evolving demands while maintaining a focus on inclusion and long-term sustainability.

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UK backs quantum technology with £2 billion plan

The UK government has unveiled a £2 billion package to accelerate quantum technology development and deploy large-scale quantum computers. The plan aims to position the United Kingdom as a global leader in a field expected to rival AI.

Ministers said the programme will support research, skills and infrastructure while creating high-paid jobs. A new procurement scheme will invite companies to build prototype quantum systems, with the most advanced designs scaled for national use.

The initiative will integrate research, manufacturing and investment to speed up commercial applications in the UK. Officials believe quantum technology could transform sectors such as healthcare, energy and cybersecurity while boosting long-term economic growth.

Industry partnerships and university collaborations will play a central role in delivering the strategy. Experts say the approach could unlock major breakthroughs, though success will depend on sustained investment and global competition.

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Malta launches SMART Food project with AI and blockchain

Malta is advancing the SMART Food project to strengthen the agri-food sector. The initiative is a Malta-Italy partnership funded under the Interreg programme.

Minister Anton Refalo said the project aims to create a reliable and technologically advanced food system. A digital platform using AI and blockchain will provide real-time information on products from production to consumption.

The project seeks to meet consumer demand for clarity on food origin, safety, and sustainability. It will also support farmers and industry operators in adopting more efficient practices.

Minister Refalo added that the initiative strengthens trust across the food chain and empowers consumers. Malta’s scale allows it to adopt innovative solutions and take a leading role in modernising the sector.

The Malta Food Agency manages the project, including development, management, and training. Chief Executive Brian Vella said it safeguards product quality, improves traceability, and reinforces confidence in local produce.

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UK-backed SPOQC mission launches to test space-based quantum communications

A UK-led research mission aimed at advancing space-based quantum communications has launched aboard a SpaceX Transporter-16 rocket from Vandenberg Space Force Base in California. The Satellite Platform for Optical Quantum Communications, or SPOQC, was developed under the Integrated Quantum Networks (IQN) Hub led by Heriot-Watt University and was launched on 30 March 2026.

The mission builds on research and development carried out first through the Quantum Communications Hub and later through the IQN Hub, both funded by the Engineering and Physical Sciences Research Council. Five UK research institutions are involved in the collaboration, which is intended to strengthen UK capabilities in space-based quantum communications as governments and researchers prepare for the cybersecurity implications of more powerful quantum computing systems.

SPOQC is now in the final stages of commissioning before it begins transmitting quantum signals to receivers at the Hub Optical Ground Station at Heriot-Watt University in Edinburgh. The CubeSat is operating in a low Earth, Sun-synchronous orbit and passes over the UK about twice a day, with most measurements expected to take place during night-time passes, when experimental conditions are more favourable.

The mission’s wider policy relevance lies in its connection to the UK’s National Quantum Strategy, which views quantum technologies as important to national resilience, digital infrastructure, and long-term competitiveness. The project presents satellite-based systems as the most practical route towards resilient international quantum communication, since terrestrial fibre links face distance-related limitations that can degrade quantum signals over time.

A distinctive feature of the mission is its dual quantum source payload. One source uses discrete quantum signals at the single-photon level and was developed by the University of Bristol team, while the other uses continuous-variable signals and was developed by researchers at the University of York. Both connect to dedicated receivers at the optical ground station, allowing researchers to compare two established but technically different communication methods under varying atmospheric and orbital conditions.

‘The SPOQC mission is the culmination of outstanding collaborations between leading UK Universities, STFC RAL Space, and external industry partners. It offers a world-first platform to critically compare different quantum communication modalities, including the first use of continuous variable approaches from space. Through the IQN Hub, the SPOQC mission is a vital enabler towards truly global quantum communication via integration into terrestrial UK networks.’, said Professor Gerald Buller, Director of the IQN Hub.

The collaboration brings together the Universities of Bristol, Heriot-Watt, Strathclyde and York, alongside the Science and Technology Facilities Council’s RAL Space. STFC RAL Space contributed engineering, systems integration and mission support, while Heriot-Watt is operating the optical ground station. ISISPACE provided the satellite and technical support.

Researchers say the mission will also test whether quantum technologies can be scaled down to a 12U CubeSat, roughly the size of a microwave oven, as a proof of concept for future compact and lower-cost satellite quantum networks. SPOQC follows the November 2025 launch of SpeQtre, a UK-Singapore collaboration led by STFC RAL Space and SpeQtral, making it the second quantum mission supported by UK research to launch within six months.

Full quantum communication experiments are expected to begin in the second half of 2026 once commissioning is complete. Professor Tim Spiller from the University of York said: ‘As Director of the preceding Quantum Communications Hub, it is very pleasing to see six years of R&D by that Hub team to develop SPOQC and HOGS finally be rewarded with the launch of SPOQC. However, this will add a crucial link to the UK’s expanding quantum networking capability. I look forward to the first quantum demonstrations from SPOQC and HOGS later this year.’

Andy Vick, Disruptive Technology Programme Lead at STFC RAL Space, said: ‘The launch of two quantum CubeSats in close succession highlights the UK’s growing leadership in quantum technology. While both missions share a common satellite platform, SPOQC has united new partners to address new challenges. The RAL Space team is proud to have contributed from the outset, working closely with the Quantum Communications Hub, whose initial work laid strong foundations for the mission, and now supporting its delivery under the leadership of the IQN Hub. SPOQC is a big step for all the teams involved, one that we hope will pave the way for the UK’s national quantum network mission.’

Dr Kedar Pandya, Executive Director of EPSRC’s Strategy Directorate, said: ‘The SPOQC mission is a powerful example of how UK research leadership is shaping the future of secure global communications. By uniting world-class expertise across our quantum research hubs, we’re demonstrating not only scientific excellence but real technological ambition. This launch marks a major step toward quantum-secure networks that will help safeguard the UK’s digital infrastructure for decades to come.’

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ILO and World Bank paper says GenAI may deepen labour-market divides

A joint working paper by the International Labour Organization (ILO) and the World Bank says generative AI is likely to reshape labour markets globally, but not in the same way across countries.

The paper finds that advanced economies face greater overall exposure, while developing economies may see disruption arrive faster than productivity gains due to weaker digital infrastructure and differences in how work is organised.

Prepared as a background study for the World Development Report 2026, the paper examines labour-market exposure to GenAI across 135 countries, covering about two-thirds of global employment. According to the study, digital infrastructure and job-task composition are among the main factors shaping the distribution of risks and opportunities between advanced and developing economies.

Exposure is highest in advanced economies, especially in clerical and professional occupations. Lower-income countries are less exposed overall, but the paper says structural constraints reduce their ability to benefit from the technology. A central concern is that workers in jobs vulnerable to automation are often already online, even in poorer settings, meaning displacement could happen relatively quickly.

The paper also says many of the jobs most exposed to automation in developing economies are relatively higher-quality roles, including clerical and administrative work that has often provided a route into decent employment, especially for women and young workers. AI-driven automation, the study warns, could narrow those pathways.

Potential gains are also uneven. Many workers in jobs that could benefit from GenAI lack reliable internet access in lower-income settings. The paper adds that the same occupation title can involve different tasks depending on the country, with workers in poorer economies often carrying out fewer non-routine analytical tasks, relying less on computers, and doing more routine or manual work. Such differences reduce the scope for productivity gains from GenAI deployment.

ILO and the World Bank conclude in the paper that GenAI’s labour-market effects will depend not only on the technology itself, but also on digital connectivity, skills, task organisation, labour-market institutions, and social protection. Expanded digital access, stronger skills policies, and better labour protections are presented as necessary if the gains from GenAI are to be shared more broadly.

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