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Quantum Computing and Blockchain in Business

Quantum Computing and Blockchain in Business

By : Arunkumar Krishnakumar
5 (12)
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Quantum Computing and Blockchain in Business

Quantum Computing and Blockchain in Business

5 (12)
By: Arunkumar Krishnakumar

Overview of this book

Are quantum computing and Blockchain on a collision course or will they be the most important trends of this decade to disrupt industries and life as we know it? Fintech veteran and venture capitalist Arunkumar Krishnakumar cuts through the hype to bring us a first-hand look into how quantum computing and Blockchain together are redefining industries, including fintech, healthcare, and research. Through a series of interviews with domain experts, he also explores these technologies’ potential to transform national and global governance and policies – from how elections are conducted and how smart cities can be designed and optimized for the environment, to what cyberwarfare enabled by quantum cryptography might look like. In doing so, he also highlights challenges that these technologies have to overcome to go mainstream. Quantum Computing and Blockchain in Business explores the potential changes that quantum computing and Blockchain might bring about in the real world. After expanding on the key concepts and techniques, such as applied cryptography, qubits, and digital annealing, that underpin quantum computing and Blockchain, the book dives into how major industries will be impacted by these technologies. Lastly, we consider how the two technologies may come together in a complimentary way.
Table of Contents (20 chapters)
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5
Interview with Dr. Dave Snelling, Fujitsu Fellow
7
Interview with Dr. B. Rajathilagam, Head of AI Research, Amrita Vishwa Vidyapeetham
9
Interview with Max Henderson, Senior Data Scientist, Rigetti and QxBranch
11
Interview with Sam McArdle, Quantum Computing Researcher at the University of Oxford
14
Interview with Dinesh Nagarajan, Partner, IBM
18
Other Books You May Enjoy
19
Index

Blockchain and cryptography

Unlike quantum computing, Blockchain has had a relatively short history. If quantum computing is the Mo Farah of emerging technologies, Blockchain is the Usain Bolt. Several Blockchain properties have their roots in cryptography, and it is essential to understand some of the terminologies in order to be able to enjoy the rest of the chapter.

It is important to understand how Blockchain depends on cryptography. This would help us in subsequent chapters to understand how Blockchain and quantum computing could potentially collide in future. A detailed, yet simplified, description of some key terms of Blockchain and cryptography are as follows:

Hashing

Hashing is a process where a collection of data is input into a function to get a fixed length string as an output – called a hash value. We use them every day. When you create an email ID with a password, the password goes through a hash function, a unique string is created, and this...

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Quantum Computing and Blockchain in Business
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