Related papers: Quantum-Assisted Blockchain
Quantum amplitude amplification algorithm is an important and basic technique in quantum computing. In this paper, our goal is to study distributed quantum amplitude amplification algorithms, and the main contributions are: (1) A…
We consider the problem of search of an unstructured list for a marked element, when one is given advice as to where this element might be located, in the form of a probability distribution. The goal is to minimise the expected number of…
This paper concerns the Grover algorithm that permits to make amplification of quantum states previously tagged by an Oracle. Grover's algorithm allows searches in an unstructure database of n entries finding a marked element with a…
The regulatory framework of cryptocurrencies (and, in general, blockchain tokens) is of paramount importance. This framework drives nearly all key decisions in the respective business areas. In this work, a computational model is proposed…
In recent years, hype surrounding the proliferation of blockchain-based technology has been significant. Apart from the creation of bitcoin and other cryptocurrencies, it has been difficult to determine what practical utility might lie in…
In this paper, we extend a previously presented Grover-based heuristic to tackle general combinatorial optimization problems with linear constraints. We further describe the introduced method as a framework that enables performance…
Blockchain-based cryptocurrencies have become an extremely important, highly-used, technology. A major criticism of cryptocurrencies, however, is their energy consumption. In May 2022 Bitcoin alone was reported to be consuming 150…
Quantum computers are designed to outperform standard computers by running quantum algorithms. Areas in which quantum algorithms can be applied include cryptography, search and optimisation, simulation of quantum systems, and solving large…
Basic concepts of quantum theory of information, principles of quantum calculations and the possibility of creation on this basis unique on calculation power and functioning principle device, named quantum computer, are briefly reviewed.…
Quantum computing is changing the way we think about computing. Significant strides in research and development for managing and harnessing the power of quantum systems has been made in recent years, demonstrating the potential for…
In this article, we discuss the implementation of a quantum recommendation system that uses a quantum variant of the k-nearest neighbours algorithm and the Grover algorithm to search for a specific element in unstructured database. In…
This article outlines our point of view regarding the applicability, state-of-the-art, and potential of quantum computing for problems in finance. We provide an introduction to quantum computing as well as a survey on problem classes in…
Blockchain has many benefits including decentralization, availability, persistency, consistency, anonymity, auditability and accountability, and it also covers a wide spectrum of applications ranging from cryptocurrency, financial services,…
This paper explores the use of Grover's Algorithm in the classical rainbow table, uncovering the potential of integrating quantum computing techniques with conventional cryptographic methods to develop a Quantum Rainbow Table…
AsicBoost is a method to speed up Bitcoin mining by a factor of approximately 20%. The performance gain is achieved through a high-level optimization of the Bitcoin mining algorithm which allows for drastic reduction in gate count on the…
The search task is one of the most difficult when it comes to execution speed, and reducing the latter is important both when working with large data and with small samples, if they need to be processed frequently and in a limited time.…
Quantum computers are expected to have substantial impact on the finance industry, as they will be able to solve certain problems considerably faster than the best known classical algorithms. In this article we describe such potential…
This is an exploration of Blockchain technology that is growing in popularity and it seems to be able to disrupt a plethora of industries. A research is being conducted to examine Blockchain potential to be adopted by enterprises from…
Blockchain technologies have overturned the digital finance industry by introducing a decentralized pseudonymous means of monetary transfer. The pseudonymous nature introduced privacy concerns, enabling various deanonymization techniques,…
In this paper, the authors propose to increase the efficiency of blockchain mining by using a population-based approach. Blockchain relies on solving difficult mathematical problems as proof-of-work within a network before blocks are added…