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Quantum Computing and Blockchain in Business

You're reading from   Quantum Computing and Blockchain in Business Exploring the applications, challenges, and collision of quantum computing and blockchain

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Product type Paperback
Published in Mar 2020
Publisher Packt
ISBN-13 9781838647766
Length 334 pages
Edition 1st Edition
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Author (1):
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Arunkumar Krishnakumar Arunkumar Krishnakumar
Author Profile Icon Arunkumar Krishnakumar
Arunkumar Krishnakumar
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Table of Contents (20) Chapters Close

Preface 1. Introduction to Quantum Computing and Blockchain 2. Quantum Computing – Key Discussion Points FREE CHAPTER 3. The Data Economy 4. The Impact on Financial Services 5. Interview with Dr. Dave Snelling, Fujitsu Fellow 6. The Impact on Healthcare and Pharma 7. Interview with Dr. B. Rajathilagam, Head of AI Research, Amrita Vishwa Vidyapeetham 8. The Impact on Governance 9. Interview with Max Henderson, Senior Data Scientist, Rigetti and QxBranch 10. The Impact on Smart Cities and Environment 11. Interview with Sam McArdle, Quantum Computing Researcher at the University of Oxford 12. The Impact on Chemistry 13. The Impact on Logistics 14. Interview with Dinesh Nagarajan, Partner, IBM 15. Quantum-Safe Blockchain 16. Nation States and Cyberwars 17. Conclusion – Blue Skies 18. Other Books You May Enjoy
19. Index

Superposition

Superposition is one of the properties that differentiates a quantum computer from a classical computer. The qubits of a quantum computer can exist in 0s and 1s and linear combinations of both of these states. A quantum computer can achieve a special kind of superposition that allows for exponentially more logical states at once. This helps in solving problems such as factoring large numbers, which is typically hard for classical computers to solve. Classical computers are limited in terms of their ability to model the number of permutations and combinations that cryptography needs.

An example of the application of quantum computers in cryptography involves RSA encryption. RSA encryption involves two large prime numbers being multiplied to arrive at a larger number. The following examples should bring these challenges to life.

An exponential challenge

The story of the chessboard and rice brings to life the challenges in dealing with the exponential...

You have been reading a chapter from
Quantum Computing and Blockchain in Business
Published in: Mar 2020
Publisher: Packt
ISBN-13: 9781838647766
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