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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
Languages
Concepts
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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

The hype surrounding quantum networks

In the section discussing China's focus on quantum communication, we saw that they were able to pioneer quantum-encrypted communication channels that are secure from hackers. Quantum encryption is a good step forward. However, information flow on quantum networks is being hailed as the holy grail of secure communication.

Imagine an internet where nobody can eavesdrop on your messages. Imagine an internet where you can communicate and transact freely without having to worry about data security. That could be possible as qubits lose their states as soon as observed. Therefore, when there is a hacking attempt, the sender and the receiver of the message can identify it. The implications of this technology paradigm for communications in military and defense can hardly be underestimated.

A quantum network could be visualized as a network of three quantum devices that are 50 to 100 kilometers apart. China created the first quantum satellite...

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