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Unlike classical money, which is hard to forge for practical reasons (e.g. producing paper with a certain property), quantum money is attractive because its security might be based on the no-cloning theorem. The first quantum money scheme…

Quantum Physics · Physics 2017-02-14 Aharon Brodutch , Daniel Nagaj , Or Sattath , Dominique Unruh

Most currently used cryptographic tools for protecting data are based on certain computational assumptions, which makes them vulnerable with respect to technological and algorithmic developments, such as quantum computing. One existing…

Quantum Physics · Physics 2023-04-28 Aleksey K. Fedorov

Recent advances indicate that quantum computers will soon be reality. Motivated by this ever more realistic threat for existing classical cryptographic protocols, researchers have developed several schemes to resist "quantum attacks". In…

Quantum Physics · Physics 2021-04-21 Myrto Arapinis , Elham Kashefi , Nikolaos Lamprou , Anna Pappa

Quantum cryptography can, in principle, provide unconditional security guaranteed by the law of physics only. Here, we survey the theory and practice of the subject and highlight some recent developments.

Quantum Physics · Physics 2016-03-17 Hoi-Kwong Lo , Norbert Lütkenhaus

Quantum cryptography is the only approach to privacy ever proposed that allows two parties (who do not share a long secret key ahead of time) to communicate with provably perfect secrecy under the nose of an eavesdropper endowed with…

Quantum Physics · Physics 2016-11-18 Gilles Brassard

Quantum key distribution is one of the most fundamental cryptographic protocols. Quantum walks are important primitives for computing. In this paper we take advantage of the properties of quantum walks to design new secure quantum key…

Quantum Physics · Physics 2018-10-04 Chrysoula Vlachou , Walter Krawec , Paulo Mateus , Nikola Paunkovic , Andre Souto

Cryptography with quantum states exhibits a number of surprising and counterintuitive features. In a 2002 work, Barnum et al. argue that these features imply that digital signatures for quantum states are impossible (Barnum et al., FOCS…

Quantum Physics · Physics 2021-12-22 Gorjan Alagic , Tommaso Gagliardoni , Christian Majenz

In this paper, we provide an overview of the recent work in the quantum finance realm from various perspectives. The applications in consideration are Portfolio Optimization, Fraud Detection, and Monte Carlo methods for derivative pricing…

Cryptography and Security · Computer Science 2023-07-04 Abha Naik , Esra Yeniaras , Gerhard Hellstern , Grishma Prasad , Sanjay Kumar Lalta Prasad Vishwakarma

We present a quantum version of a cipher used in cryptography where the message to be communicated is encoded into the relative phase of a quantum state using the shared key. The encoded quantum information carrying the message is actually…

Quantum Physics · Physics 2018-11-07 Vikram Menon , Ayan Chattopadhyay

The ability to perform computations on encrypted data is a powerful tool for protecting privacy. Recently, protocols to achieve this on classical computing systems have been found. Here we present an efficient solution to the quantum…

Quantum Physics · Physics 2014-03-05 K. Fisher , A. Broadbent , L. K. Shalm , Z. Yan , J. Lavoie , R. Prevedel , T. Jennewein , K. J. Resch

We present a quantum digital signature scheme whose security is based on fundamental principles of quantum physics. It allows a sender (Alice) to sign a message in such a way that the signature can be validated by a number of different…

Quantum Physics · Physics 2007-05-23 Daniel Gottesman , Isaac Chuang

Smart contracts are cryptographic protocols that are enforced without a judiciary. Smart contracts are used occasionally in Bitcoin and are prevalent in Ethereum. Public quantum money improves upon cash we use today, yet the current…

Quantum Physics · Physics 2022-09-20 Or Sattath

Wiesner's quantum money [5] is a simple, information-theoretically secure quantum cryptographic protocol. In his protocol, a mint issues quantum bills and anyone can query the mint to authenticate a bill. If the mint returns bogus bills…

Quantum Physics · Physics 2010-10-05 Andrew Lutomirski

Digital signatures are widely used in modern communication to guarantee authenticity and transferability of messages, The security of currently used classical schemes relies on computational assumptions. We present a quantum signature…

Quantum Physics · Physics 2016-10-06 Ryan Amiri , Petros Wallden , Adrian Kent , Erika Andersson

It had been widely claimed that quantum mechanics can protect private information during public decision in for example the so-called two-party secure computation. If this were the case, quantum smart-cards could prevent fake teller…

Quantum Physics · Physics 2009-10-30 Hoi-Kwong Lo

Quantum Digital Signatures (QDS) allow for the exchange of messages from one sender to multiple recipients, with the guarantee that messages cannot be forged or tampered with. Additionally, messages cannot be repudiated -- if one recipient…

Quantum Physics · Physics 2014-02-04 Verdan Dunjko , Petros Wallden , Erika Andersson

Quantum computing has recently appeared in the headlines of many scientific and popular publications. In the context of quantitative finance, we provide here an overview of its potential.

Mathematical Finance · Quantitative Finance 2023-11-14 Antoine Jacquier , Oleksiy Kondratyev , Gordon Lee , Mugad Oumgari

The science of quantum information has arisen over the last two decades centered on the manipulation of individual quanta of information, known as quantum bits or qubits. Quantum computers, quantum cryptography and quantum teleportation are…

The concept of quantum money (QM) was proposed by Wiesner in the 1970s. Its main advantage is that every attempt to copy QM unavoidably leads to imperfect counterfeits. In the Wiesner's protocol, quantum banknotes need to be delivered to…

Quantum Physics · Physics 2018-11-28 Kateřina Jiráková , Karol Bartkiewicz , Antonín Černoch , Karel Lemr

We discuss a model for quantum computing with initially mixed states. Although such a computer is known to be less powerful than a quantum computer operating with pure (entangled) states, it may efficiently solve some problems for which no…

Quantum Physics · Physics 2015-03-17 Michael Siomau , Stephan Fritzsche
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