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

The collision course

The first time I learned about the potential scenario where quantum computers can get through cryptographic techniques that we use today, I was quite astounded. Quantum computing at that point became a major technology paradigm for me, which has the potential to be as big as the PC or the internet.

The possibility of quantum technology putting the internet at risk is one challenge, but the lack of awareness that the common person has about this possibility is a greater issue in my view. We live in a day and age where data and money transactions have become frictionless, invisible, and therefore mindless.

We are also entering the age of machines where 70% of the potential 175 zettabytes of data that will be created by 2030 will be from machines. Self-driving cars, wearables, and home appliances that transmit information are all creating huge volumes of highly sensitive and personal information. It is indeed a scary proposition that most of these...