Book Image

Quantum Computing and Blockchain in Business

By : Arunkumar Krishnakumar
Book Image

Quantum Computing and Blockchain in Business

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)
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

Conclusion

The journey of Bohr, Einstein, Alan Turing, and several others almost a century back has now led to the invention of quantum computers. The hype and the headlines in this field are getting bigger every day. However, mass industry adoption of this technology is several years (if not decades) away. In this chapter, I wanted to take the reader through a journey and introduce key people, principles, events and technology components within quantum computing.

It is important to understand why qubits are different from bits that today's computing world largely relies on. This chapter provides quantum methods and real-world applications that we will touch upon in future chapters. Applications of optical quantum computers that use photons will also be discussed in a subsequent chapter.

We briefly touched upon Blockchain and the use of cryptography. This is also critical, so that we can see the technological overlap between the two technologies. It is essential that the Blockchain community views this overlap as an opportunity rather than a major roadblock. I firmly believe that both these technologies are here to stay, and definitely here to enrich our lives by complementing each other across industries.

There are several practical applications of quantum computers across industries, including healthcare, logistics, finance, and cybersecurity in general. We will cover these in detail in this book.