Related papers: Potential Applications of Quantum Computing for th…
Quantum computing is fast evolving as a technology due to recent advances in hardware, software, as well as the development of promising applications. To use this technology for solving specific problems, a suitable quantum algorithm has to…
This research investigates the potential implications of quantum technology on accounting information systems, and business overall. This endeavor focuses on the vulnerabilities of quantum computers and the emergence of quantum-resistant…
Major players in the global aerospace industry are shifting their focus toward achieving net carbon-neutral operations by 2050. A considerable portion of the overall carbon emission reduction is expected to come from new aircraft…
Quantum algorithm involves the manipulation of amplitudes and computational basis, of which manipulating basis is largely a quantum analogue of classical computing that is always a major contributor to the complexity. In order to make full…
We present a quantum algorithm for European option pricing in finance, where the key idea is to work in the unary representation of the asset value. The algorithm needs novel circuitry and is divided in three parts: first, the amplitude…
This paper investigates the experimental performance of a discrete portfolio optimization problem relevant to the financial services industry on the gate-model of quantum computing. We implement and evaluate a portfolio rebalancing use case…
In this paper, we use open-source tools to perform quantum resource estimation to assess the requirements for industry-relevant quantum computation. Our analysis uses the problem of industrial shift scheduling in manufacturing and the…
Combinatorial optimization is anticipated to be one of the primary use cases for quantum computation in the coming years. The Quantum Approximate Optimization Algorithm (QAOA) and Quantum Annealing (QA) can potentially demonstrate…
Quantum annealing (QA) has been proposed as a quantum enhanced optimization heuristic exploiting tunneling. Here, we demonstrate how finite range tunneling can provide considerable computational advantage. For a crafted problem designed to…
There has been no lack of coverage in the past few years in scientific journals of the topic of quantum computation. Rightly so, as this is a novel idea with--so far--at least one very important practical application (prime factorisation)…
This whitepaper surveys the current landscape and short- to mid-term prospects for quantum-enabled optimization and machine learning use cases in industrial settings. Grounded in the QCHALLenge program, it synthesizes hardware trajectories…
Numerical simulation of quantum systems is crucial to further our understanding of natural phenomena. Many systems of key interest and importance, in areas such as superconducting materials and quantum chemistry, are thought to be described…
Quantum computation and quantum information are of great current interest in computer science, mathematics, physical sciences and engineering. They will likely lead to a new wave of technological innovations in communication, computation…
We present a quantum algorithm for portfolio optimization. We discuss the market data input, the processing of such data via quantum operations, and the output of financially relevant results. Given quantum access to the historical record…
Quantum computing will change the way we tackle certain problems. It promises to dramatically speed-up many chemical, financial, and machine-learning applications. However, to capitalize on those promises, complex design flows composed of…
In this paper, we introduce an efficient and end-to-end quantum algorithm tailored for computing the Value-at-Risk (VaR) and conditional Value-at-Risk (CVar) for a portfolio of European options. Our focus is on leveraging quantum…
Quantum computing is expected to have a profound impact on society. In this work we discuss the potential consequences on existential risk for humanity. Even with the timeline for large-scale fault-tolerant quantum computing still unclear,…
Quantum computing is transforming the world profoundly, affecting businesses, organisations, technologies, and human beings' information systems, and will have a profound impact on accounting and finance, particularly in the realm of…
The ongoing progress in quantum technologies has fueled a sustained exploration of their potential applications across various domains. One particularly promising field is quantitative finance, where a central challenge is the pricing of…
The quest for real-time dynamic optimization solutions in the process industry represents a formidable computational challenge, particularly within the realm of applications like model-predictive control, where rapid and reliable…