The Paul Barron Crypto Show

Banks Are Breaking📉Algorand CEO Explains AI Threat

The Paul Barron Crypto Show

Show Notes

Algorand CEO William Herkelrath explains why banks are unprepared for AI-driven hacks and the coming quantum threat. We cover recent bank breaches, KYC data leaks, and what it takes to protect customer money. He also breaks down Algorand’s plan for post-quantum security.

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GUEST: William Herkelrath, CEO Algorand X Accounts: https://x.com/Algorand

00:00 Intro 00:10 Sponsor: Tangem 01:15 Are banks ready for quantum? 02:10 Government deadline? 04:10 Q-Day arrives before Quantum? 05:15 How close is Algorand for this 06:20 How do you find Devs? 07:10 Banks hack research 08:50 Are vendors the weak link? 10:00 Post quantum security 11:00 How did Revolut get tricked? 12:45 What blockchains are closest to figuring this out? 14:30 Can these projects catch up? 15:35 Is this being overblown? 17:05 Is Algorand REALLY quantum-resistant today? 18:00 What should banks do first? 19:15 Major hack incoming this year? 20:30 What's left by 2027? 21:20 Algo tech stack 23:00 2027 roadmap and deals

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