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Related papers: Quantum Money from Abelian Group Actions

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This paper investigates the role of interaction and coins in public-coin quantum interactive proof systems (also called quantum Arthur-Merlin games). While prior works focused on classical public coins even in the quantum setting, the…

Quantum Physics · Physics 2019-05-23 Hirotada Kobayashi , François Le Gall , Harumichi Nishimura

We formulate quantum computing solutions to a large class of dynamic nonlinear asset pricing models using algorithms, in theory exponentially more efficient than classical ones, which leverage the quantum properties of superposition and…

Pricing of Securities · Quantitative Finance 2025-08-26 Eric Ghysels , Jack Morgan

A quantum computer can efficiently find the order of an element in a group, factors of composite integers, discrete logarithms, stabilisers in Abelian groups, and `hidden' or `unknown' subgroups of Abelian groups. It is already known how to…

Quantum Physics · Physics 2007-05-23 Michele Mosca , Artur Ekert

We generalize a recently discovered example of a private quantum subsystem to find private subsystems for Abelian subgroups of the $n$-qubit Pauli group, which exist in the absence of private subspaces. In doing so, we also connect these…

Quantum Physics · Physics 2016-02-18 Jeremy Levick , Tomas Jochym-O'Connor , David Kribs , Raymond Laflamme , Rajesh Pereira

The goal of quantum key distribution (QKD) is to establish a secure key between two parties connected by an insecure quantum channel. To use a QKD protocol in practice, one has to prove that a finite size key is secure against general…

Quantum Physics · Physics 2023-11-21 Tony Metger , Renato Renner

Amongst the most remarkable successes of quantum computation are Shor's efficient quantum algorithms for the computational tasks of integer factorisation and the evaluation of discrete logarithms. In this article we review the essential…

Quantum Physics · Physics 2016-11-18 Richard Jozsa

Construction of explicit quantum circuits follows the notion of the "standard circuit model" introduced in the solid and profound analysis of elementary gates providing quantum computation. Nevertheless the model is not always optimal (e.g.…

Quantum Physics · Physics 2007-05-23 K. Ch. Chatzisavvas , C. Daskaloyannis , C. P. Panos

Entanglement-based attacks, which are subtle and powerful, are usually believed to render quantum bit commitment insecure. We point out that the no-go argument leading to this view implicitly assumes the evidence-of-commitment to be a…

Quantum Physics · Physics 2015-06-26 R. Srikanth

Unknown quantum information cannot be perfectly copied (cloned). This statement is the bedrock of quantum technologies and quantum cryptography, including the seminal scheme of Wiesner's quantum money, which was the first…

The problem of security of quantum key protocols is examined. In addition to the distribution of classical keys, the problem of encrypting quantum data and the structure of the operators which perform quantum encryption is studied. It is…

Quantum Physics · Physics 2016-09-08 P. Oscar Boykin

Quantum theory is used to model secondary financial markets. Contrary to stochastic descriptions, the formalism emphasizes the importance of trading in determining the value of a security. All possible realizations of investors holding…

Physics and Society · Physics 2009-11-07 Martin Schaden

In recent works, a link between group actions and information metrics on the space of faithful quantum states has been highlighted in particular cases. In this contribution, we give a complete discussion of this instance for the particular…

Quantum Physics · Physics 2021-07-15 Florio M. Ciaglia , Fabio Di Nocera

Forty years ago, Wiesner proposed using quantum states to create money that is physically impossible to counterfeit, something that cannot be done in the classical world. However, Wiesner's scheme required a central bank to verify the…

Quantum Physics · Physics 2016-11-15 Scott Aaronson

The no-cloning theorem can be used as a basis for quantum money constructions which guarantee unconditionally unforgeable currency. Existing schemes, however, either (i) require long-term quantum memory and quantum communication between the…

Quantum Physics · Physics 2025-10-22 Dmytro Gavinsky , Dar Gilboa , Siddhartha Jain , Dmitri Maslov , Jarrod R. McClean

Quantum game theory, whatever opinions may be held due to its abstract physical formalism, have already found various applications even outside the orthodox physics domain. In this paper we introduce the concept of a quantum auction, its…

General Finance · Quantitative Finance 2009-11-13 E. W. Piotrowski , J. Sladkowski

Quantum money is the task of verifying the validity of banknotes while ensuring that they cannot be counterfeited. Public-key quantum money allows anyone to perform verification, while the private-key setting restricts the ability to verify…

Quantum Physics · Physics 2025-04-09 Peter Yuen

The quantum circuit model is the most widely used model of quantum computation. It provides both a framework for formulating quantum algorithms and an architecture for the physical construction of quantum computers. However, several other…

Quantum Physics · Physics 2008-09-16 Stephen P. Jordan

We put forward the idea that classical blockchains and smart contracts are potentially useful primitives not only for classical cryptography, but for quantum cryptography as well. Abstractly, a smart contract is a functionality that allows…

Quantum Physics · Physics 2020-07-22 Andrea Coladangelo , Or Sattath

A quantum money scheme enables a trusted bank to provide untrusted users with verifiable quantum banknotes that cannot be forged. In this work, we report an experimental demonstration of the preparation and verification of unforgeable…

Quantum tokens envision to store unclonable quantum states in a physical device, with the goal of being used for personal authentication protocols, as required by banks. Still, the experimental realization of such devices faces many…