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

A bumpy road ahead

That section title is a give-away in some sense. There is sometimes skepticism and cynicism about the possibilities of quantum technologies, because there are major roadblocks that we need to clear. We can't talk about the rosy future with all of the cool applications that entails, without acknowledging the "if"s and the "but"s involved.

We had an interview with Sam McArdle dedicated to error correction, because this is a major blocker for quantum computers to go mainstream. The error correction occurs because quantum particles storing information interact with the external environment and therefore lose the information that they hold over time.

Unlike traditional computers, quantum computers rely on qubits. Information held in qubits cannot be copied into other qubits for fault tolerance. This is a limitation and a feature of quantum particles that makes this field both challenging and exciting. However, without finding ways to keep...