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Finding a Hadamard matrix of a specific order using a quantum computer can lead to a demonstration of practical quantum advantage. Earlier efforts using a quantum annealer were impeded by the limitations of the present quantum resource and…

Quantum Physics · Physics 2024-10-15 Andriyan Bayu Suksmono

A frequent starting point of quantum computation platforms are two-state quantum systems, i.e., qubits. However, in the context of integer optimization problems, relevant to scheduling optimization and operations research, it is often more…

Variational quantum algorithms are believed to be promising for solving computationally hard problems and are often comprised of repeated layers of quantum gates. An example thereof is the quantum approximate optimization algorithm (QAOA),…

Quantum Approximate Optimization Algorithm (QAOA) is one of the most short-term promising quantum-classical algorithm to solve unconstrained combinatorial optimization problems. It alternates between the execution of a parametrized quantum…

Optimization and Control · Mathematics 2024-11-18 Camille Grange , Marion Lavignac , Valentina Pozzoli , Eric Bourreau

Running quantum circuits on quantum computers does not always generate "clean" results, unlike on a simulator, as noise plays a significant role in any quantum device. To explore this, we experimented with the Quantum Approximate…

Quantum Physics · Physics 2025-10-09 Abyan Khabir Irfan , Chansu Yu

Quantum computing exploits basic quantum phenomena such as state superposition and entanglement to perform computations. The Quantum Approximate Optimization Algorithm (QAOA) is arguably one of the leading quantum algorithms that can…

Machine Learning · Computer Science 2022-06-16 Sami Khairy , Ruslan Shaydulin , Lukasz Cincio , Yuri Alexeev , Prasanna Balaprakash

Quantum algorithms can deliver asymptotic speedups over their classical counterparts. However, there are few cases where a substantial quantum speedup has been worked out in detail for reasonably-sized problems, when compared with the best…

Quantum Physics · Physics 2019-07-24 Earl Campbell , Ankur Khurana , Ashley Montanaro

The present tutorial aims to provide a comprehensible and easily accessible introduction into the theory and implementation of the famous Quantum Approximate Optimization Algorithm (QAOA). We lay our focus on practical aspects and…

Quantum Physics · Physics 2023-01-24 Andreas Sturm

Currency arbitrage capitalizes on price discrepancies in currency exchange rates between markets to produce profits with minimal risk. By employing a combinatorial optimization problem, one can ascertain optimal paths within directed…

Computational Finance · Quantitative Finance 2025-02-25 Sangram Deshpande , Elin Ranjan Das , Frank Mueller

There is an increasing interest in quantum algorithms for problems of integer programming and combinatorial optimization. Classical solvers for such problems employ relaxations, which replace binary variables with continuous ones, for…

Quantum Physics · Physics 2021-06-23 Daniel J. Egger , Jakub Marecek , Stefan Woerner

Many combinatorial optimization problems admit a maximin fairness variant, where the aim is to find a distribution over possible solutions which maximizes an expected worst-case outcome. However, the support for an optimal distribution may…

Quantum Physics · Physics 2026-04-17 Bao Bach , Cameron Ibrahim , Reuben Tate , Jad Salem , Stephan Eidenbenz , Ilya Safro

Variational quantum algorithms (VQAs) have demonstrated considerable potential in solving NP-hard combinatorial problems in the contemporary near intermediate-scale quantum (NISQ) era. The quantum approximate optimisation algorithm (QAOA)…

Quantum Physics · Physics 2024-05-09 Boy Choy , David J. Wales

Combinatorial optimization is a promising area for achieving quantum speedup. Quantum approximate optimization algorithm (QAOA) is designed to search for low-energy states of the Ising model, which correspond to near-optimal solutions of…

Quantum Physics · Physics 2025-10-14 Tatsuhiko Shirai , Nozomu Togawa

Quantum algorithms have gained increasing attention for addressing complex combinatorial problems in finance, notably portfolio optimization. This study systematically benchmarks two prominent variational quantum approaches, Variational…

Quantum Physics · Physics 2025-12-05 Nouhaila Innan , Ayesha Saleem , Alberto Marchisio , Muhammad Shafique

Variational quantum algorithms, which consist of optimal parameterized quantum circuits, are promising for demonstrating quantum advantages in the noisy intermediate-scale quantum (NISQ) era. Apart from classical computational resources,…

Quantum Physics · Physics 2024-12-30 Chen Qian , Wei-Feng Zhuang , Rui-Cheng Guo , Meng-Jun Hu , Dong E. Liu

The Quantum Approximate Optimisation Algorithm (QAOA) is a hybrid quantum-classical algorithm for solving combinatorial optimisation problems. QAOA encodes solutions into the ground state of a Hamiltonian, approximated by a $p$-level…

Quantum Physics · Physics 2025-05-16 V Vijendran , Dax Enshan Koh , Eunok Bae , Hyukjoon Kwon , Ping Koy Lam , Syed M Assad

In the search for quantum advantage in real--world problems, one promising avenue is to use a quantum algorithm to improve on the solution found using an efficient classical algorithm. The quantum approximate optimization algorithm (QAOA)…

Quantum Physics · Physics 2025-07-25 Yunlong Yu , Xiang-Bin Wang , Nic Shannon , Robert Joynt

The Quantum Approximate Optimization Algorithm (QAOA) has been suggested as a promising candidate for the solution of combinatorial optimization problems. Yet, whether - or under what conditions - it may offer an advantage compared to…

Quantum Physics · Physics 2025-04-14 Vanessa Dehn , Martin Zaefferer , Gerhard Hellstern , Florentin Reiter , Thomas Wellens

In recent years, quantum computing has emerged as a transformative force in the field of combinatorial optimization, offering novel approaches to tackling complex problems that have long challenged classical computational methods. Among…