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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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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

Conclusion

We have so far been focusing on industrial applications of quantum computing in all our interviews. We have touched upon applications in financial services, healthcare, smart cities, and even politics. The interview with Sam had a different focus, and that was deliberate. I wanted to focus on one of the key barriers for quantum computing going mainstream – high error rates.

We discussed why error correction in a quantum computer is harder than in a classical computer. The superposition property of qubits makes it harder for us to capture their states. When we observe qubits, their states collapse. These properties of quantum computers make them useful in solving complex algorithms and make information on quantum computers more secure. However, they also make error correction harder as we cannot observe or copy over the information easily.

We touched upon techniques like using shorter circuits and using certain code for certain algorithms and NISQ...

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