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Quantum computing is an emerging technology, promising a paradigm shift in computing, and allowing for speedups in many different problems. However, quantum devices are still in their early stages, most with only a small number qubits. This…

Quantum Physics · Physics 2018-11-09 Adam Kelly

We present and analyze a quantum algorithm to estimate credit risk more efficiently than Monte Carlo simulations can do on classical computers. More precisely, we estimate the economic capital requirement, i.e. the difference between the…

Quantum Physics · Physics 2019-07-09 Daniel J. Egger , Ricardo Gacía Gutiérrez , Jordi Cahué Mestre , Stefan Woerner

By leveraging quantum-mechanical properties like superposition, entanglement, and interference, quantum computing (QC) offers promising solutions for problems that classical computing has not been able to solve efficiently, such as drug…

Human-Computer Interaction · Computer Science 2025-02-14 Hyeok Kim , Mingyoung J. Jeng , Kaitlin N. Smith

Research in software engineering is essential for improving development practices, leading to reliable and secure software. Leveraging the principles of quantum physics, quantum computing has emerged as a new computational paradigm that…

Software Engineering · Computer Science 2025-02-14 Ashis Kumar Mandal , Md Nadim , Chanchal K. Roy , Banani Roy , Kevin A. Schneider

Numerous reports claim that quantum advantage, which should emerge as a direct consequence of the advent of quantum computers, will herald a new era of chemical research because it will enable scientists to perform the kinds of quantum…

Quantum Physics · Physics 2020-09-29 V. E. Elfving , B. W. Broer , M. Webber , J. Gavartin , M. D. Halls , K. P. Lorton , A. Bochevarov

Although the current information revolution is still unfolding, the next industrial revolution is already rearing its head. A second quantum revolution based on quantum technology will power this new industrial revolution with quantum…

Quantum Physics · Physics 2021-02-10 Zhenghan Wang

In recent years, there has been tremendous progress in the development of quantum computing hardware, algorithms and services leading to the expectation that in the near future quantum computers will be capable of performing simulations for…

Quantum computing is a highly abstract scientific discipline, which, however, is expected to have great practical relevance in future information technology. This forces educators to seek new methods to teach quantum computing for students…

Software Engineering · Computer Science 2026-03-11 Juha Reinikainen , Vlad Stirbu , Teiko Heinosaari , Vesa Lappalainen , Tommi Mikkonen

Practical challenges in simulating quantum systems on classical computers have been widely recognized in the quantum physics and quantum chemistry communities over the past century. Although many approximation methods have been introduced,…

Quantum computers are expected to surpass the computational capabilities of classical computers during this decade, and achieve disruptive impact on numerous industry sectors, particularly finance. In fact, finance is estimated to be the…

Quantum computing is a cutting-edge field of information technology that harnesses the principles of quantum mechanics to perform computations. It has major implications for the cyber security industry. Existing cyber protection…

Cryptography and Security · Computer Science 2024-09-18 Ummar Ahmed , Tuomo Sipola , Jari Hautamäki

The highly specialist terms `quantum computing' and `quantum information', together with the broader term `quantum technologies', now appear regularly in the mainstream media. While this is undoubtedly highly exciting for physicists and…

Quantum Physics · Physics 2024-04-15 Fernando J. Gómez-Ruiz , Ferney J. Rodríguez , Luis Quiroga , Neil F. Johnson

Faster algorithms, novel cryptographic mechanisms, and alternative methods of communication become possible when the model underlying information and computation changes from a classical mechanical model to a quantum mechanical one. Quantum…

Quantum Physics · Physics 2009-12-29 Eleanor G. Rieffel

One of the biggest concerns among cybersecurity professionals these days is the hype around quantum computing, its incomprehensible power, and its implications. The advancement in quantum computing has the potential to revolutionize our…

Popular Physics · Physics 2022-03-15 Tajdar Jawaid

Realizing practical quantum advantage with meaningful economic impact is the holy grail of the quantum information field. Recent quantum technology advances have driven exponential growth in quantum information research, with resultant…

Popular Physics · Physics 2025-04-01 Zhenhuan Liu

Quantum computer is no longer a hypothetical idea. It is the worlds most important technology and there is a race among countries to get supremacy in quantum technology. Its the technology that will reduce the computing time from years to…

Cryptography and Security · Computer Science 2022-04-07 Manish Kumar

Quantum computing has the potential to solve many computational problems exponentially faster than classical computers. The high shares of renewables and the wide deployment of converter-interfaced resources require new tools that shall…

Quantum computing is rapidly emerging as a promising technology for solving complex optimization problems that arise in various engineering fields. Therefore, it holds significant promise to transform the computational foundations of power…

Quantum Physics · Physics 2026-01-06 Nikolaos G. Paterakis , Petros Karamanakos , Corey O'Meara , Georgios Papafotiou

Quantum computing research might lead to "quantum leaps," and it could have unanticipated repercussions in the medical field. This technique has the potential to be used in a broad range of contexts, some of which include the development of…

Cryptography and Security · Computer Science 2022-11-21 P. Srikanth , Adarsh Kumar

Quantum Computing (QC) refers to an emerging paradigm that inherits and builds with the concepts and phenomena of Quantum Mechanic (QM) with the significant potential to unlock a remarkable opportunity to solve complex and computationally…

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