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Quantum computing comes with the potential to push computational boundaries in various domains including, e.g., cryptography, simulation, optimization, and machine learning. Exploiting the principles of quantum mechanics, new algorithms can…

Systems and Control · Electrical Eng. & Systems 2025-12-23 Julian Berberich , Robert L. Kosut , Thomas Schulte-Herbrüggen

The number of qubits in quantum computers keeps growing, but most quantum programs remain relatively small because of the noisy nature of the underlying quantum hardware. This might lead quantum cloud providers to explore increased hardware…

Quantum Physics · Physics 2025-07-24 Samuel Ovaskainen , Majid Haghparast , Tommi Mikkonen

Quantum random sampling is the leading proposal for demonstrating a computational advantage of quantum computers over classical computers. Recently, first large-scale implementations of quantum random sampling have arguably surpassed the…

Quantum Physics · Physics 2023-07-21 Dominik Hangleiter , Jens Eisert

In the last couple of decades, the world has seen several stunning instances of quantum algorithms that provably outperform the best classical algorithms. For most problems, however, it is currently unknown whether quantum algorithms can…

Quantum computing provides a new way for approaching problem solving, enabling efficient solutions for problems that are hard on classical computers. It is based on leveraging how quantum particles behave. With researchers around the world…

Quantum Physics · Physics 2021-09-29 Ahmed Shokry , Moustafa Youssef

After the emergence of quantum mechanics and realising its need for an accurate understanding of physical systems, numerical methods were being used to undergo quantum mechanical treatment. With increasing system correlations and size,…

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

Quantum computers (QCs) are maturing. When QCs are powerful enough, they may be able to handle problems in chemistry, physics, and finance that are not classically solvable. However, the applicability of quantum algorithms to speed up…

Software Engineering · Computer Science 2022-11-15 Andriy Miranskyy , Mushahid Khan , Jean Paul Latyr Faye , Udson C. Mendes

Quantum computing (QC) is no longer only a scientific interest but is rapidly becoming an industrially available technology that can potentially tackle the limitations of classical computing. Over the last few years, major technology giants…

Software Engineering · Computer Science 2022-11-28 Muhammad Azeem Akbar , Arif Ali Khan , Sajjad Mahmood , Saima Rafi

Quantum computing promises revolutionary advances in modeling materials and molecules. However, the up-to-date runtime estimates for utility-scale applications on certain quantum hardware systems are in the order of years rendering quantum…

Quantum Physics · Physics 2025-11-21 Katerina Gratsea , Matthew Otten

The escalating impacts of climate change and the increasing demand for sustainable development and natural resource management necessitate innovative technological solutions. Quantum computing (QC) has emerged as a promising tool with the…

Quantum Physics · Physics 2024-07-24 Kin Tung Michael Ho , Kuan-Cheng Chen , Lily Lee , Felix Burt , Shang Yu , Po-Heng , Lee

The feasibility of computationally superior quantum computers is one of the most exciting and clear-cut scientific questions of our time. The question touches on fundamental issues regarding probability, physics, and computability, as well…

Quantum Physics · Physics 2011-06-03 Gil Kalai

Quantum entanglement is an essential feature of many-body systems that impacts both quantum information processing and fundamental physics. The growth of entanglement is a major challenge for classical simulation methods. In this work, we…

Quantum Physics · Physics 2025-07-15 Qi Zhao , You Zhou , Andrew M. Childs

Quantum computing technologies are advancing, and the class of addressable problems is expanding. Together with the emergence of new ventures and government-sponsored partnerships, these trends will help lower the barrier for new technology…

Physics and Society · Physics 2022-02-28 Evan R. MacQuarrie , Christoph Simon , Stephanie Simmons , Elicia Maine

With the rapid development of quantum technology, one of the leading applications is the simulation of chemistry. Interestingly, even before full scale quantum computers are available, quantum computer science has exhibited a remarkable…

Quantum materials exhibit a wide array of exotic phenomena and practically useful properties. A better understanding of these materials can provide deeper insights into fundamental physics in the quantum realm as well as advance technology…

Quantum computing is poised to solve practically useful problems which are computationally intractable for classical supercomputers. However, the current generation of quantum computers are limited by errors that may only partially be…

We use the benefits and components of classical computers every day. However, there are many types of problems which, as they grow in size, their computational complexity grows larger than classical computers will ever be able to solve.…

The quest for quantum advantage, wherein quantum computers surpass the computational capabilities of classical computers executing state-of-the-art algorithms on well-defined tasks, represents a pivotal race in the domain of quantum…

Quantum Physics · Physics 2024-08-08 Muhammad AbuGhanem , Hichem Eleuch

The purpose of this paper is to explore the applications of quantum computing to energy systems optimization problems and discuss some of the challenges faced by quantum computers with techniques to overcome them. The basic concepts…

Quantum Physics · Physics 2020-03-03 Akshay Ajagekar , Fengqi You