Tagged: quantum

March 1, 2022 @ 8:39 am By Omar Faridi  |  

Researchers from DTU (Denmark’s Technical University) have for the first time taken quantum communication out of the lab and used it to “securely transfer” data at Danske Bank. This is considered a breakthrough in the development of digital communication and the “race against cyber criminals.”… Read More

January 23, 2022 @ 5:37 pm By Omar Faridi  |  

National governments have reportedly invested more than $25 billion into quantum computing research and more than $1 billion in VC deals have closed in the past year – “more than the past three years combined,” according to an update shared by the World Economic Forum… Read More

December 5, 2021 @ 6:48 pm By Omar Faridi  |  

Classiq, which offers a breakthrough Quantum Algorithm Design platform, has announced that it is working with NTT DATA to implement ‘”novel” credit risk analysis algorithms using quantum computers. Credit risk analysis “exists to determine the creditworthiness of borrowers or vendors to quantify and limit the… Read More

March 14, 2021 @ 2:52 pm By Omar Faridi  |  

Deutsche Börse, the German stock exchange company, has reportedly completed the pilot or testing of various quantum computing algorithms which are used to evaluate or create risk models. The pilots found that quantum tech may bring down the time needed for certain simulations from years… Read More

March 7, 2021 @ 12:51 pm By Omar Faridi  |  

The UK government, via the UK Research and Innovation (UKRI), is planning to invest £153 million, in order to create new products and services that are based on recent advancements in quantum technologies. Quantum tech is expected to have a major impact on the financial… Read More

February 11, 2021 @ 8:02 am By Omar Faridi  |  

John Smith, who has been regularly keeping up with computer science, quantum computing, and cryptocurrency-related developments, claims that the “future of crypto” is quantum-resistant, meaning we must build systems that can protect themselves against the potential attack from quantum computers (QCs) when they become powerful… Read More

November 2, 2020 @ 8:28 pm By Omar Faridi  |  

The Quantum Resistant Ledger (QRL) Foundation, which is an organization that has developed a quantum-secure blockchain network and digital asset platform, has teamed up with Insight’s quantum cryptography research division. Both organizations will be working on global standards for QRL’s “quantum-secure” Proof-of-Stake network, which is… Read More