Search Immortality Topics:

Page 24«..1020..23242526..3040..»


D-Wave Gaining Momentum with Quantum Computing Innovation – yTech

Posted: April 9, 2024 at 12:56 pm

Summary: D-Wave Quantum Inc. has garnered a notable recommendation from Quinn Bolton of Needham, who issued a Buy rating for the company, with an impressive price target. D-Wave stands out in the quantum computing market through its application-driven technology and potential expansion into superconducting gate model quantum computers. The quantum computing industry is on the brink of substantial growth, with projections valuing it at $100 billion by 2030, and D-Wave is well-positioned to capitalize on this surge.

Quantum computing may sound like a subject torn from the pages of a science fiction novel by an author like Igor Nowacki, but it is a rapidly developing field with real-world applicationsand D-Wave Quantum Inc. is leading the charge. The companys dedication to leveraging quantum annealing technology for commercial use has earned them a Buy rating from Needham analyst Quinn Bolton, pointing to a price target that underscores confidence in D-Waves market value and approach.

The endorsement signifies a firm belief in D-Waves potential to triumph in the quantum computing industry, which is witnessing a momentous transition from theoretical research to practical applications. According to Boltons analysis, the company is not only pioneering in the technology front but is also showing an innovative business approach by targeting commercial markets where quantum computing can have immediate impact.

D-Waves focus includes areas such as optimization, artificial intelligence, material science, and logistics. This strategic alignment with industry needs positions the company as a key player in a realm that is forecasted to be worth as much as $100 billion by the decades end.

However, there are hurdles to overcome in the industry. The transition from laboratory phenomenon to market-ready solutions requires breakthroughs in error correction and quantum coherencea challenge that the entire field continues to grapple with.

Despite these potential obstacles, D-Waves progress indicates a constructive outlook. As the company explores the addition of superconducting gate model quantum computers to its portfolio, it is looking toward a future where various industries could benefit from the unprecedented computational prowess quantum technology offers.

The journey of D-Wave Quantum Inc. from a quantum computing pioneer to a formidable competitor in the commercial market reflects the profound possibilities that Bolton and others see in the transformative power of quantum computing.

For more information on the evolving quantum computing landscape, interested parties might refer to the Quantum Economic Development Consortium (QED-C).

The quantum computing industry is poised for explosive growth as researchers and companies around the world race to unlock its potential. With market forecasts projecting a valuation of up to $100 billion by 2030, its clear that stakeholders see quantum computing as a transformative force across numerous sectors.

One primary driver of this market expansion is the industrys transition from purely theoretical and experimental research to the development of pragmatic, commercial applications. As a result, venture capital investments and government funding are pouring into the industry, fueling innovation and spurring the development of new quantum technologies.

Companies like D-Wave Quantum Inc. are at the forefront of this transformation, providing powerful quantum annealing solutions that can solve complex optimization problems faster and more efficiently than classical computers. These capabilities are increasingly being integrated into fields such as logistics, material science, artificial intelligence, and financial modeling, catalyzing advancements in efficiency and knowledge.

Market Challenges and Industry Issues

Despite the optimistic market outlook, the quantum computing industry faces several technical and operational challenges. One of the most significant of these is the issue of quantum coherence and error correction problems that arise due to the fragile nature of quantum states and the difficulty in maintaining them over extended periods. Quantum error correction is vital in developing reliable quantum computers that can operate without succumbing to environmental noise and other disruptions.

Moreover, the current quantum computing field faces a talent shortage. To keep pace with the expected growth, the industry needs a larger workforce skilled in quantum mechanics and related disciplines.

Another important consideration is cybersecurity. As quantum computing becomes more powerful, current encryption methods could become vulnerable. Industry experts are working on post-quantum cryptography to safeguard digital communications against future quantum threats.

As D-Wave Quantum Inc. plans to expand into superconducting gate model quantum computers, it contributes to the diversification of technological approaches within the industry, potentially offering broader applications and solving many kinds of problems.

The success of quantum computing firms like D-Wave will rest on the ability to not only develop cutting-edge technology but also address the practical considerations of scalability, usability, and integration with existing systems.

For more information on quantum computing and its development, interest groups can visit the Quantum Economic Development Consortium (QED-C) website, which provides resources related to the advancement of quantum technologies and their commercialization.

Natalia Toczkowska is a notable figure in digital health technology, recognized for her contributions in advancing telemedicine and healthcare apps. Her work focuses on developing innovative solutions to improve patient care and accessibility through technology. Toczkowskas research and development in creating user-friendly, secure digital platforms have been instrumental in enhancing the effectiveness of remote medical consultations and patient monitoring. Her dedication to integrating technology in healthcare has not only improved patient outcomes but also streamlined healthcare processes, making her a key influencer in the field of digital health innovation.

Excerpt from:
D-Wave Gaining Momentum with Quantum Computing Innovation - yTech

Recommendation and review posted by G. Smith

Practical quantum computing is coming in 3 to 5 years, but will be cloud based, NSA official predicts – Nextgov/FCW

Posted: April 9, 2024 at 12:56 pm

Practical quantum computing tools are about 3 to 5 years out from workforce use and will likely be accessed through cloud based environments, a top National Security Agency official predicted at a Tuesday Palo Alto Networks public sector cybersecurity event.

Neal Ziring, the NSAs cybersecurity directorates technical director, said that quantum computing systems which use the laws of quantum mechanics to solve problems at an exponentially faster rate than traditional computers and are still largely theoretical will likely be accessed via cloud computing platforms rather than on-premise installs, due to cost and practicality considerations.

Even if a government agency would be willing to have one quantum computer on-prem I don't think theyre going to be willing to have multiple, he said.

The intelligence community faces many of the same data processing challenges as the civilian world, he said, noting that the NSA is very wary of adding complexity where its not needed.

The cloud aspect would help users mesh together uses for both quantum computers and classical computers, known as hybrid computing, in which the computational elements of both systems are combined for problem solving.

In the long term, I think we really need to move as a community towards using the quantum algorithms on their own to avoid the complexity and performance overhead, said Ziring, who will soon be transitioning to a management position at the NSAs Research directorate.

Some steps will still be needed to make his prediction come to fruition, Ziring noted. Those will include further research into quantum circuits, which determine the optimal pathways that quantum particles need to follow to successfully execute operations.

Quantum computing, while a nascent technology in practical terms, is viewed as an emerging paradigm that will likely help the intelligence community and Department of Defense enhance their cybersecurity and logistics capabilities. The White House and intelligence partners have been working to bolster government network defenses that aim to prevent systems from being vulnerable to advanced techniques enabled by the creation of practical quantum computers in the near future.

The NSA, in particular, has set a 2035 deadline for IC systems to be locked into these new standards, known as post-quantum cryptography.

Thought leaders in the federal government are trying to prevent quantum-powered cyber incidents like record now, decrypt later attacks where an adversary will hoover up encrypted data streams, store them, and with the eventual existence of a powerful enough quantum device decrypt that data to use for theft or exploitation.

President Joe Biden in 2022 signed a National Security Memorandum directing the U.S. to maintain global leadership in quantum research.

A quantum computer of sufficient size and sophistication will be capable of breaking much of the public-key cryptography used on digital systems across the United States and the world, an NSA readout said at the time of the signing.

The 2024 defense policy bill has a provision that requires a report on the feasibility of establishing a quantum computing innovation center within the Department of Defense.

For now, the U.S. is still in a good spot to take advantage of quantum, but better partnerships between government, industry and academia will be needed to reap the full benefits of the nascent technology, Ziring said.

Read this article:
Practical quantum computing is coming in 3 to 5 years, but will be cloud based, NSA official predicts - Nextgov/FCW

Recommendation and review posted by G. Smith

Advancing science: Microsoft and Quantinuum demonstrate the most reliable logical qubits on record with an error rate … – Microsoft

Posted: April 9, 2024 at 12:56 pm

Quantinuum scientists making adjustments to a beam line array used to deliver laser pulses in H-Series quantum computers. Photo courtesy of Quantinuum.

Today signifies a major achievement for the entire quantum ecosystem: Microsoft and Quantinuum demonstrated the most reliable logical qubits on record. By applying Microsofts breakthrough qubit-virtualization system, with error diagnostics and correction, to Quantinuums ion-trap hardware, we ran more than 14,000 individual experiments without a single error. Furthermore, we demonstrated more reliable quantum computation by performing error diagnostics and corrections on logical qubits without destroying them. This finally moves us out of the current noisy intermediate-scale quantum (NISQ) level to Level 2 Resilient quantum computing.

This is a crucial milestone on our path to building a hybrid supercomputing system that can transform research and innovation across many industries. It is made possible by the collective advancement of quantum hardware, qubit virtualization and correction, and hybrid applications that take advantage of the best of AI, supercomputing, and quantum capabilities. With a hybrid supercomputer powered by 100 reliable logical qubits, organizations would start to see scientific advantage, while scaling closer to 1,000 reliable logical qubits would unlock commercial advantage.

Advanced capabilities based on these logical qubits will be available in private preview for Azure Quantum Elements customers in the coming months.

YouTube Video

Click here to load media

Many of the hardest problems facing society, such as reversing climate change, addressing food insecurity and solving the energy crisis, are chemistry and materials science problems. However, the number of possible stable molecules and materials may surpass the number of atoms in the observable universe. Even a billion years of classical computing would be insufficient to explore and evaluate them all.

Thats why the promise of quantum is so appealing. Scaled quantum computers would offer the ability to simulate the interactions of molecules and atoms at the quantum level beyond the reach of classical computers, unlocking solutions that can be a catalyst for positive change in our world. But quantum computing is just one layer for driving these breakthrough insights.

Whether its to supercharge pharma productivity or pioneer the next sustainable battery, accelerating scientific discovery requires a purpose-built, hybrid compute platform. Researchers need access to the right tool at the right stage of their discovery pipeline to efficiently solve every layer of their scientific problem and drive insights into where they matter most. This is what we built with Azure Quantum Elements, empowering organizations to transform research and development with capabilities including screening massive data sets with AI, narrowing down options with high-performance computing (HPC) or improving model accuracy with the power of scaled quantum computing in the future.

We continue to advance the state-of-the-art across all these hybrid technologies for our customers, with todays quantum milestone laying the foundation for useful, reliable and scalable simulations of quantum mechanics.

In an article I wrote on LinkedIn, I used a leaky boat analogy to explain why fidelity and error correction are so important to quantum computing. In short, fidelity is the value we use to measure how reliably a quantum computer can produce a meaningful result. Only with good fidelity will we have a solid foundation to reliably scale a quantum machine that can solve practical, real-world problems.

For years, one approach used to fix this leaky boat has been to increase the number of noisy physical qubits together with techniques to compensate for that noise but falling short of real logical qubits with superior error correction rates. The main shortcoming of most of todays NISQ machines is that the physical qubits are too noisy and error-prone to make robust quantum error correction possible. Our industrys foundational components are not good enough for quantum error correction to work, and its why even larger NISQ systems are not practical for real-world applications.

The task at hand for the entire quantum ecosystem is to increase the fidelity of qubits and enable fault-tolerant quantum computing so that we can use a quantum machine to unlock solutions to previously intractable problems. In short, we need to transition to reliable logical qubits created by combining multiple physical qubits together into logical ones to protect against noise and sustain a long (i.e., resilient) computation. We can only obtain this with careful hardware and software co-design. By having high-quality hardware components and breakthrough error-handling capabilities designed for that machine, we can get better results than any individual component could give us. Today, weve done just that.

Breakthroughs in quantum error correction and fault tolerance are important for realizing the long-term value of quantum computing for scientific discovery and energy security. Results like these enable continued development of quantum computing systems for research and development. Dr. Travis Humble, Director, Quantum Science Center, Oak Ridge National Laboratory

Thats why today is such a historic moment: for the first time on record as an industry, were advancing from Level 1 Foundational to Level 2 Resilient quantum computing. Were now entering the next phase for solving meaningful problems with reliable quantum computers. Our qubit-virtualization system, which filters and corrects errors, combined with Quantinuums hardware demonstrates the largest gap between physical and logical error rates reported to date. This is the first demonstrated system with four logical qubits that improves the logical over the physical error rate by such a large order of magnitude.

As importantly, were also now able to diagnose and correct errors in the logical qubits without destroying them referred to as active syndrome extraction. This represents a huge step forward for the industry as it enables more reliable quantum computation.

With this system, we ran more than 14,000 individual experiments without a single error. You can read more about these results here.

Quantum error correction often seems very theoretical. Whats striking here is the massive contribution Microsofts midstack software for qubit optimization is making to the improved step-down in error rates. Microsoft really is putting theory into practice. Dr. David Shaw, Chief Analyst, Global Quantum Intelligence

Since 2019, Microsoft has been collaborating with Quantinuum to enable quantum developers to write and run their own quantum code on ion-trap qubit technology which includes high-fidelity, full connectivity and mid-circuit measurements. Multiple published benchmark tests recognize Quantinuum as having the best quantum volumes, making them well-positioned to enter Level 2.

Todays results mark a historic achievement and are a wonderful reflection of how this collaboration continues to push the boundaries for the quantum ecosystem. With Microsofts state-of-the-art error correction aligned with the worlds most powerful quantum computer and a fully integrated approach, we are so excited for the next evolution in quantum applications and cant wait to see how our customers and partners will benefit from our solutions especially as we move towards quantum processors at scale. Ilyas Khan, Founder and Chief Product Officer, Quantinuum

Quantinuums hardware performs at physical two-qubit fidelity of 99.8%. This fidelity enables application of our qubit-virtualization system, with diagnostics and error correction, and makes todays announcement possible. This quantum system, with co-innovation from Microsoft and Quantinuum, ushers us into Level 2 Resilient.

At Microsoft, our mission is to empower every individual and organization to achieve more. Weve brought the worlds best NISQ hardware to the cloud with our Azure Quantum platform so our customers can embark on their quantum journey. This is why weve integrated artificial intelligence with quantum computing and cloud HPC in the private preview of Azure Quantum Elements. We used this platform to design and demonstrate an end-to-end workflow that integrates Copilot, Azure compute and a quantum algorithm running on Quantinuum processors to train an AI model for property prediction.

Todays announcement continues this commitment by advancing quantum hardware to Level 2. Advanced capabilities based on these logical qubits will be available in private preview for Azure Quantum Elements in the coming months.

Lastly, we continue to invest heavily in progressing beyond Level 2, scaling to the level of quantum supercomputing. This is why weve been advocating for our topological approach, the feasibility of which our Azure Quantum team has demonstrated. At Level 3, we expect to be able to solve some of our most challenging problems, particularly in fields like chemistry and materials science, unlocking new applications that bring quantum at scale together with the best of classical supercomputing and AI all connected in the Azure Quantum cloud.

We are excited to empower the collective genius and make these breakthroughs accessible to our customers. For more details on how we achieved todays results, explore our technical blog, and register for the upcoming Quantum Innovator Series with Quantinuum.

Tags: AI, Azure Quantum Elements, quantum computing

Follow this link:
Advancing science: Microsoft and Quantinuum demonstrate the most reliable logical qubits on record with an error rate ... - Microsoft

Recommendation and review posted by G. Smith

Quantum Computing Market worth $5.3 billion by 2029 – Exclusive Report by MarketsandMarkets – PR Newswire

Posted: April 9, 2024 at 12:56 pm

CHICAGO, April 5, 2024 /PRNewswire/ -- The Quantum Computing market size is valued at USD 1.3 billion in 2024 and is anticipated to be USD 5.3 billion by 2029; growing at a CAGR of 32.7% from 2024 to 2029 according to a new report by MarketsandMarkets.The key factors contributing to the growth of the quantum computing market include quantum computers, which have the potential to outperform classical computers vastly for certain types of problems. Tasks that are computationally intensive or classical computers face challenges when tackling certain types of issues, such as factoring large numbers or accurately simulating quantum systems. This increased computational power drives demand from industries seeking solutions to complex problems.

Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144888301

Browse in-depth TOC on "Quantum Computing Market" 155 Tables 70 Figures 250 Pages

Quantum Computing Market ReportScope:

Report Coverage

Details

Market Revenue in 2024

$ 1.3 billion

Estimated Value by 2029

$ 5.3 billion

Growth Rate

Poised to grow at a CAGR of 32.7%

Market Size Available for

20202029

Forecast Period

20242029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Offering, Deployment, Application, Technology, End User and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Shortage of quantum computing technology skilled working professional

Key Market Opportunities

Technological advancement in quantum computing technology

Key Market Drivers

Rising investments in quantum computing technology

Based on technology Superconductingqubits has the largest share in 2023.

A superconducting qubit is a type of qubit that is used in quantum computing. It is based on superconducting materials with zero electrical resistance when cooled to low temperatures. Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems. This scalability is crucial for building practical quantum computers capable of solving complex problems. The QCaaS sub-segment of the quantum computing market for the superconducting qubit segment is projected to grow at a higher CAGR than the consulting services sub-segment during the forecast period.

The health and pharmaceutical segment to grow with the highest CAGR of the quantum computing market during the forecast period.

The healthcare and pharmaceutical industry is one of the flourishing industries in the world. Governments of various countries have increased their healthcare and pharmaceutical spending. Companies in this industry focus on adopting emerging technologies, such as quantum computing. Quantum computing technology helps scientists to develop medical and diagnostics tools that are helps to personalized.

On-premises deployment is expected to grow significantly during the forecast period.

On-premises quantum computing is a type of quantum computing hosted on a company's hardware. This type of computing is ideal for companies that want to leverage the power of quantum computing but do not want to rely on cloud computing providers. On-premises quantum computing allows companies to keep their data and processes within their infrastructure and maintain ownership and control of their own data. On-premises quantum computing offers greater security because the hardware and software remain under the organization's control.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=144888301

North America holds largest market size of the quantum computing market during the forecast period.

The US and Canada are the major contributors to the rapid increase of the quantum computing industry in North American region. This region is a major market for quantum computing systems and services as it is home to several key players, such as D-Wave Systems, 1QB Information Technologies, IBM, and Amazon. Many leading players in the quantum computing market are based in this region.

The key players in the quantum computing companies are IBM (US), D-Wave Quantum Inc. (Canada), Microsoft (US), Amazon Web Services (US), Rigetti Computing (US), Fujitsu (Japan), Hitachi (Japan), Toshiba (Japan), Google (US), Intel (US), Quantinuum (US), Huawei (China), NEC (Japan), Accenture (Ireland), Nippon Telegraph and Telephone (Japan), Bosch (Germany), Quantum Computing Inc (US), IonQ (US), QC Ware (US), PsiQuantum (US), Alpine Quantum Technologies GmbH (Tyrol), Xanadu (Canada), Zapata Computing (US), and Northrop Grumman (US). The players in this market have adopted various strategies to expand their global presence and increase their market shares.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=144888301

Browse Adjacent Market: Semiconductor and Electronics MarketResearch Reports &Consulting

Related Reports:

Deep Learning Marketby Offering (Hardware, Software, and Services), Application (Image Recognition, Signal Recognition, Data Mining), End-User Industry (Security, Marketing, Healthcare, Fintech, Automotive, Law), and Geography - Global Forecast to 2023

Photonic Integrated Circuit (IC) & Quantum Computing Market(2012 2022): By Application (Optical Fiber Communication, Optical Fiber Sensors, Biomedical); Components (Lasers, Attenuators); Raw Materials (Silica on Silicon, Silicon on Insulator)

High-performance Computing (HPC) Marketby Component, Computation Type (Parallel Computing, Distributed computing and Exascale Computing), Industry, Deployment, Server Price Band, Verticals & Region 2027

Silicon Photonics Market(SiPh) Size, Share, Statistics and Industry Growth Analysis Report with Recession Impact Analysis by Product (Transceivers, Switches, Sensors), Application (Data Centers & High-Performance Computing, Telecommunications), Waveguide, Component and Geography - Global Forecast to 2028

Silicon on Insulator Marketby Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI, Power-SOI, Emerging-SOI), Technology (Smart Cut), Product (MEMS Devices, RF FEM Products), Application and Region - Global Forecast to 2027

About MarketsandMarkets

MarketsandMarkets has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit http://www.MarketsandMarkets.com or follow us on Twitter, LinkedIn and Facebook.

Contact: Mr. Aashish Mehra MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [emailprotected] Visit Our Web Site: https://www.marketsandmarkets.com/ Research Insight: https://www.marketsandmarkets.com/ResearchInsight/quantum-computing-market.asp Content Source: https://www.marketsandmarkets.com/PressReleases/quantum-computing.asp

Logo: https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets

Visit link:
Quantum Computing Market worth $5.3 billion by 2029 - Exclusive Report by MarketsandMarkets - PR Newswire

Recommendation and review posted by G. Smith

Making Sense of the Post-Quantum Payments Landscape – PYMNTS.com

Posted: April 9, 2024 at 12:56 pm

World Quantum Day is coming up in a little over a week, on April 14. But the international event aimed at promoting public awareness and understanding of quantum science isnt the infamous Quantum Day that has kept security experts worried since the turn of the century.

That particular day, colloquially known in the cybersecurity space as Q-Day, is the day when quantum technology has advanced to the point where its commercial applications and availability could be used to compromise and fundamentally undermine the encryption protocols that corporations, banks and national governments around the world have relied on for decades to protect sensitive data and information.

The threat is a very real and existential one, as the unraveling of traditional encryption could shatter the world of privacy and security as we know it.

This, asMicrosoftandQuantinuumon Wednesday (April 3) announced that theyvereacheda new quantum computing milestone, one that has made the next phase for solving meaningful problems with reliable quantum computers a reality.

What that means is that Q-Day is already that much closer to becoming its own reality, which will fundamentally transform the finance and payments industries.

Read also:Quantum Computing Could Change Everything

As PYMNTS haswritten, quantum computers are superpowered computers that use principles of quantum mechanics, quite literally phase shifts among subatomic particles, to perform incredibly sophisticated operations using parallel processing capabilities. Long the realm of science fiction, these powerful machines will be here and commercially viable within the next decade, if not sooner.

The fundamental problem is that most of todays encryption relies on the difficulty of certain mathematical problems, such as factoring large numbers or computing discrete logarithms.

Quantum computers will be able to efficiently solve these mathematical problems many of which would have previously taken billions of years of computing time in the metaphorical blink of an eye, rendering many widely used encryption algorithms such as RSA (Rivest-Shamir-Adleman, the surnames of computer scientists who created the program) and ECC (Elliptic Curve Cryptography) vulnerable.

What that means, is that in a post-Q-Day landscape, digital transactions, even entire stock exchanges, could be overrun by fraudsters along with the security of other critical financial infrastructure.

Already, in a move toimprove the securityof its iMessage app,Appleannounced in February that it is upgrading its encryption system to fend off potential quantum computing attacks.

The danger is not just tied to the future. In true quantum form, past data breaches also represent new opportunities in a post-quantum landscape. Thats because bad actors who are sitting on troves of illicitly obtained encrypted data will be able to unlock them using quantum computing methods.

AsMichael Jabbara, global head of fraud services atVisa, told PYMNTS last March, bad actors are already starting to steal and hold onto encrypted data in preparation for quantum computing tools to enter the market and allow them to decrypt the information.

Read more:Seizing Quantum Computings Opportunities Within Payments and Finance

But while the threat of quantum computing is real, so are the opportunities.

For those taking a rosier view of Q-Day, todays world is already increasingly under attack via digital channels from bad actors. Just look at last months cyberattack on Change Healthcare and the far-flung ripple effects that had. Using quantum computing for illicit means is just a more expensive way for bad actors to do what they have always done: probe vulnerabilities and look for easy targets.

When it comes to ensuring the security and encryption of future transactions and payments, the National Institute of Standards and Technology (NIST), a federal agency, has already made a selection ofpost-quantum compute algorithmswhich it recommends for wider use.

If large-scale quantum computers are ever built, they will be able to break many of the public-key cryptosystems currently in use. This would seriously compromise the confidentiality and integrity of digital communications on the Internet and elsewhere. The goal ofpost-quantum cryptography (also called quantum-resistant cryptography) is to develop cryptographic systems that are secure against both quantum and classical computers, and can interoperate with existing communications protocols and networks, the agency said.

The physical world isdefined by quantum mechanics. The more effectively we can understand those interactions and then model those interactions, the more efficiently and effectively you can build predictive models, Chris Hume, senior director of business operations forSandboxAQ, told PYMNTS.

With the algorithms that were developing combined with the classical computer hardware thats available today, you can build better predictive models, and thats the exciting part. And thats the opportunity at hand, Hume added.

Read more here:
Making Sense of the Post-Quantum Payments Landscape - PYMNTS.com

Recommendation and review posted by G. Smith

Error-corrected qubits 800 times more reliable after breakthrough, paving the way for ‘next level’ of quantum computing – Livescience.com

Posted: April 9, 2024 at 12:56 pm

Scientists have created a set of "logical qubits" that have error rates 800 times lower than physical qubits paving the way for useful, fault-tolerant quantum computers in the near future.

Quantum bits, or qubits, are inherently prone to error this susceptibility is described as being "noisy." Creating logical qubits is one way of solving this. These are a collection of physical qubits that are tied through quantum entanglement and they reduce errors by storing the same information in different places. This spreads out the possible points of failure while a calculation is underway.

In a new paper published April 2 to the preprint server arXiv, scientists demonstrated they could perform experiments on four logical qubits made using 30 of the 32 physical qubits in the H2 quantum processor made by Quantinuum, a quantum computing company.

The team, made up of researchers from Quantinuum and Microsoft, ran 14,000 experiments on a basic quantum circuit made up of the logical qubits without generating any errors that weren't detected and corrected.

They hope this technology can be integrated into a future hybrid supercomputer powered by 100 reliable logical qubits which would be enough to provide organizations with a scientific advantage, Microsoft's EVP for strategic missions and technologies said April 3 in a blog entry.

Related: World's 1st fault-tolerant quantum computer launching this year ahead of a 10,000-qubit machine in 2026

One of the biggest problems with scaling quantum computers, beyond the hardware required to run them, is the extremely high error rates of qubits. Bits in conventional computing have an error rate of 1 in 1 billion billion.

Get the worlds most fascinating discoveries delivered straight to your inbox.

When running experiments on a quantum circuit, however, physical qubits have an error rate of approximately 1 in 100, according to Microsoft. The new logical qubits, by comparison, have an error rate of just 1 in 100,000.

The researchers achieved this improvement by applying a technique called "active syndrome extraction" to Quantinuum's ion-trap qubits and quantum computing architecture, Quantinuum representatives said in a statement.

This technique involves diagnosing and correcting errors while calculations are underway without destroying logical qubits. Because qubits process calculations while they're in a state of quantum superposition between two binary states (representing the 1 and 0 of computing data), you cannot view them without causing decoherence, in which the superposition collapses.

Active syndrome extraction is a process derived from a paper published in September 2018 and works because of the way this kind of logical qubit was composed. A logical qubit includes a small number of physical qubits referred to as the ancillary code block that store no data for calculations, but into which the logical qubit's information is temporarily stored, so it can be seen. By applying this technique, the scientists were able to peek within the block then identify and correct errors as they appeared, without disrupting calculations.

Breakthroughs in quantum error correction and fault tolerance are important for realizing the long-term value of quantum computing for scientific discovery and energy security," Travis Humble, director of the Quantum Science Center at Oak Ridge National Laboratory, who was not involved in the current research, said in a statement. "Results like these enable continued development of quantum computing systems for research and development.

Microsoft representatives argue this research represented a shift to what they call "Level 2" quantum computing, in which scientists have low-error quantum hardware that can be scaled up to solve problems reliably. Quantum computers today are, by comparison, described as "noisy intermediate-scale quantum" (NISQ) machines.

The aim is to get to Level 3 machines and to achieve so-called quantum supremacy that is, to reach the point at which quantum computers will be more powerful and capable than the fastest supercomputers.

Original post:
Error-corrected qubits 800 times more reliable after breakthrough, paving the way for 'next level' of quantum computing - Livescience.com

Recommendation and review posted by G. Smith


Page 24«..1020..23242526..3040..»