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

Blockchain in chemistry

We have seen the applications of Blockchain across different sectors so far, and in doing so, we have identified a few attributes of Blockchain that can be useful across different industries in similar patterns. For instance, Blockchain can be used in supply chains to reduce paperwork, make instant payments, and drive efficiencies. This is true for the pharmaceutical industry as it is for the chemical industry too.

Similarly, Blockchain smart contracts can be used as a data-driven approach to automate and honor contractual obligations across ecosystem players, suppliers, vendors, and supply chain participants. This is true in logistics and healthcare, and the same is true in the chemicals industry too. Therefore, I am not going back to those two examples, which we've covered in previous chapters, but rather I will reiterate these same uses for chemistry.

However, every industry has its own idiosyncrasies and it would be good to touch upon those while...