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

Fertile grounds

In order to understand the criticality of cyber security across the world, it is important to set the context of the discussion. The last three decades have most certainly been an incredible period for the world of data innovation. During this period, perhaps, we have innovated ways to create and exchange data and value, but perhaps have failed to innovate sufficiently to protect the data.

We saw how the evolution of the ARPANET led to the rise of the internet in Chapter 3, The Data Economy. The internet most certainly laid the foundations for a flurry of internet-based applications and business models that were largely data driven. Search engines, social media, and messaging apps became commonplace:

Figure 1: Global mobile app revenue, 2014-2023. Source: Statista

We also saw a rise in ecosystems led by Apple and Google. Mobile phones became the personal computers we would carry in our pockets and replaced devices such as music players and gaming consoles...