Scientists warn the ‘quantum revolution’ may stagnate economic growth
There are “traps” lying in wait for innovators at the vanguard of fintech and quantum computing, according to researchers. Go to Source Powered by WPeMatico
quantum computing
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HSBC trialing quantum-safe financial transaction network in the UK
The venerable British bank became the first to join BT (formerly British Telecom) and Toshiba’s secure quantum “metro” network in the United Kingdom. Go to Source Powered by WPeMatico
Researchers demonstrate ‘unconditionally secure’ quantum digital payments
The research represents a possible breakthrough in quantum communications and, potentially, the onset of the era of quantum fintech. Go to Source Powered by WPeMatico
UK to get ‘early or priority access’ to AI models from Google and OpenAI
It’s unclear at this time what access the U.K. will receive, but the reported commitment could be the first of its kind. Go to Source Powered by WPeMatico
Quantum miners would yield ‘massive’ energy savings for blockchain: Study
University of Kent researchers compared three quantum systems to an ASIC miner, and the quantum machines were demonstrably more energy efficient. Go to Source Powered by WPeMatico
Scientists propose quantum proof-of-work consensus for blockchain
Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain. Go to Source Powered by WPeMatico
How does quantum computing impact the finance industry?
Quantum computing could revolutionize finance by solving complex problems quickly, improving risk management and enhancing cybersecurity measures. Go to Source Powered by WPeMatico
Quantum vs. cloud computing: Key differences?
Quantum and cloud computing are the future of computer operations. Here’s what they are, their applications, and their main differences. Go to Source Powered by WPeMatico
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red hot inflation in the U.S., President Joe Biden notes that gas … Read more
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers … Read more
