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Quantum computers can solve specific problems that are not feasible on "classical" hardware. Harvesting the speed-up provided by quantum computers therefore has the potential to change any industry which uses computation, including finance.…

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

Quantum computing is a rapidly developing field in the second wave of quantum development, with the potential to revolutionize a wide range of industries and fields of study. As the capabilities of quantum computers continue to advance,…

Physics and Society · Physics 2023-03-10 Astrid Bötticher , Zeki C. Seskir , Johannes Ruhland

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

Quantum Physics · Physics 2022-06-29 Dylan Herman , Cody Googin , Xiaoyuan Liu , Alexey Galda , Ilya Safro , Yue Sun , Marco Pistoia , Yuri Alexeev

It is expected that quantum computers would enable solving various problems that are beyond the capabilities of the most powerful current supercomputers, which are based on classical technologies. In the last three decades, advances in…

Quantum Physics · Physics 2022-04-01 A. K. Fedorov , N. Gisin , S. M. Beloussov , A. I. Lvovsky

Quantum computing technologies have become a hot topic in academia and industry receiving much attention and financial support from all sides. Building a quantum computer that can be used practically is in itself an outstanding challenge…

Computational Engineering, Finance, and Science · Computer Science 2018-02-16 Matthias Möller , Cornelis Vuik

Despite ongoing advancements in quantum computing, businesses are still faced with the problem to decide if they would benefit from investing into this novel technology for building a business critical application. This uncertainty is not…

Software Engineering · Computer Science 2021-04-20 Janardan Misra , Vikrant Kaulgud , Rupesh Kaslay , Sanjay Podder

Quantum computing promises to help humanity solve problems that would otherwise be intractable on classical computers. Unlike today's machines, quantum computers use a novel computing process that leverages the foundational quantum…

Physics and Society · Physics 2024-03-06 Matthias Troyer , Emily Violi Benjamin , Ani Gevorkian

Quantum cloud computing is an emerging paradigm of computing that empowers quantum applications and their deployment on quantum computing resources without the need for a specialized environment to host and operate physical quantum…

Emerging Technologies · Computer Science 2024-04-18 Hoa T. Nguyen , Prabhakar Krishnan , Dilip Krishnaswamy , Muhammad Usman , Rajkumar Buyya

Quantum computing is an emerging technology with potentially far-reaching implications for national prosperity and security. Understanding the timeframes over which economic benefits and national security risks may manifest themselves is…

Quantum computing is a new computational paradigm with the potential to solve certain computationally challenging problems much faster than traditional approaches. Civil engineering encompasses many computationally challenging problems,…

Emerging Technologies · Computer Science 2024-03-29 Joern Ploennigs , Markus Berger , Martin Mevissen , Kay Smarsly

Quantum computing promises to provide the next step up in computational power for diverse application areas. In this review, we examine the science behind the quantum hype, and the breakthroughs required to achieve true quantum advantage in…

Quantum Physics · Physics 2025-09-26 R. Au-Yeung , B. Camino , O. Rathore , V. Kendon

Quantum computation is a rapidly progressing field today. What are its principles? In what sense is it distinct from conventional computation? What are its advantages and disadvantages? What type of problems can it address? How practical is…

Quantum Physics · Physics 2007-05-23 Apoorva Patel

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

Quantum computing is presently undergoing rapid development to achieve a significant speedup promised in certain applications. Nonetheless, scaling quantum computers remains a formidable engineering challenge, prompting exploration of…

This article outlines our point of view regarding the applicability, state-of-the-art, and potential of quantum computing for problems in finance. We provide an introduction to quantum computing as well as a survey on problem classes in…

The emergence of quantum computing has introduced a revolutionary paradigm capable of transforming numerous scientific and industrial sectors. Nevertheless, realizing the practical utilization of quantum software in real-world applications…

Quantum Physics · Physics 2024-03-29 Vlad Stirbu , Majid Haghparast , Muhammad Waseem , Niraj Dayama , Tommi Mikkonen

Quantum computers promise to surpass the most powerful classical supercomputers when it comes to solving many critically important practical problems, such as pharmaceutical and fertilizer design, supply chain and traffic optimization, or…

Computation · Statistics 2022-04-05 Anna Lopatnikova , Minh-Ngoc Tran , Scott A. Sisson

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…

The concept of quantum computing has inspired a whole new generation of scientists, including physicists, engineers, and computer scientists, to fundamentally change the landscape of information technology. With experimental demonstrations…

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