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Lottery is a game in which multiple players take chances in the hope of getting some rewards in cash or kind. In addition, from the time of the early civilizations, lottery has also been considered as an apposite method to allocate scarce…

Quantum Physics · Physics 2022-03-24 Sandeep Mishra , Anirban Pathak

Quantum computers will change the cryptographic panorama. A technology once believed to lay far away into the future is increasingly closer to real world applications. Quantum computers will break the algorithms used in our public key…

Networking and Internet Architecture · Computer Science 2019-07-30 Alejandro Aguado , Victor Lopez , Diego Lopez , Momtchil Peev , Andreas Poppe , Antonio Pastor , Jesus Folgueira , Vicente Martiin

The use of digital money has become increasingly popular, but it comes with certain drawbacks. For instance, it can be challenging to make payments during power outages or internet failures. Additionally, some groups may find it difficult…

Human-Computer Interaction · Computer Science 2023-05-02 Chenhang Zhou , Yu Chen , Roger Wattenhofer , Ye Wang

Quantum computers take advantage of interfering quantum alternatives in order to handle problems that might be too time consuming with algorithms based on classical logic. Developing quantum computers requires new ways of thinking beyond…

Quantum Physics · Physics 2014-09-10 W. C. Parke

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 money is the cryptographic application of the quantum no-cloning theorem. It has recently been instantiated by Montgomery and Sharif (Asiacrypt '24) from class group actions on elliptic curves. In this work, we propose a concrete…

Cryptography and Security · Computer Science 2025-08-04 Hyeonhak Kim , Donghoe Heo , Seokhie Hong

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 Physics · Physics 2010-11-17 Katherine L Brown , William J Munro , Vivien M Kendon

We show that semiclassical formulas such as the Gutzwiller trace formula can be implemented on a quantum computer more efficiently than on a classical device. We give explicit quantum algorithms which yield quantum observables from…

Quantum Physics · Physics 2008-09-03 B. Georgeot , O. Giraud

Quantum information science explores the frontier of highly complex quantum states, the "entanglement frontier." This study is motivated by the observation (widely believed but unproven) that classical systems cannot simulate highly…

Quantum Physics · Physics 2012-11-13 John Preskill

Quantum key distribution (QKD) promises secure key agreement by using quantum mechanical systems. We argue that QKD will be an important part of future cryptographic infrastructures. It can provide long-term confidentiality for encrypted…

Quantum Physics · Physics 2010-01-25 Douglas Stebila , Michele Mosca , Norbert Lütkenhaus

Two of the most important technological advancements currently underway are the advent of quantum technologies, and the transitioning of global financial systems towards cryptographic assets, notably blockchain-based cryptocurrencies and…

Pricing of Securities · Quantitative Finance 2021-02-02 Peter P. Rohde , Vijay Mohan , Sinclair Davidson , Chris Berg , Darcy Allen , Gavin K. Brennen , Jason Potts

Authentication provides the trust people need to engage in transactions. The advent of physical keys that are impossible to copy promises to revolutionize this field. Up to now, such keys have been verified by classical challenge-response…

Since the introduction of quantum computation by Richard Feynman in 1982, Quantum computation has shown exemplary results in various applications of computer science including unstructured database search, factorization, molecular…

Quantum Physics · Physics 2020-07-29 Hemant Rana , Nitin Verma

We propose a blockchain architecture in which mining requires a quantum computer. The consensus mechanism is based on proof of quantum work, a quantum-enhanced alternative to traditional proof of work that leverages quantum supremacy to…

Coin flipping is a cryptographic primitive in which two distrustful parties wish to generate a random bit in order to choose between two alternatives. This task is impossible to realize when it relies solely on the asynchronous exchange of…

We investigate the security assumptions behind three public-key quantum money schemes. Aaronson and Christiano proposed a scheme based on hidden subspaces of the vector space $\mathbb{F}_2^n$ in 2012. It was conjectured by Pena et al in…

Quantum Physics · Physics 2022-11-01 Andriyan Bilyk , Javad Doliskani , Zhiyong Gong

In recent years, electronic retail payment mechanisms, especially e-commerce and card payments at the point of sale, have increasingly replaced cash in many developed countries. As a result, societies are losing a critical public retail…

Computers and Society · Computer Science 2021-05-28 Geoffrey Goodell , Hazem Danny Al-Nakib , Paolo Tasca

Tasked with the challenge to build better and better computers, quantum computing and classical computing face the same conundrum: the success of classical computing systems. Small quantum computing systems have been demonstrated, and…

Quantum Physics · Physics 2014-08-05 Rodney Van Meter

Most currently used cryptographic tools for protecting data are based on certain computational assumptions, which makes them vulnerable with respect to technological and algorithmic developments, such as quantum computing. One existing…

Quantum Physics · Physics 2023-04-28 Aleksey K. Fedorov

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…

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