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A digital currency is money in a digital form. In this model, maintaining integrity of the supply is a core concern, therefore protections against double-spending are often at the heart of a secure digital money scheme. Quantum money…

Quantum Physics · Physics 2024-08-09 Anne Broadbent , Raza Ali Kazmi , Cyrus Minwalla

The digital currency Bitcoin has had remarkable growth since it was first proposed in 2008. Its distributed nature allows currency transactions without a central authority by using cryptographic methods and a data structure called the…

Quantum Physics · Physics 2020-09-28 Jonathan Jogenfors

The emergence of quantum computing presents profound challenges to existing cryptographic infrastructures, whilst the development of central bank digital currencies (CBDCs) has raised concerns regarding privacy preservation and excessive…

Emerging Technologies · Computer Science 2025-07-21 Serhan W. Bahar

Quantum money represents an innovative approach to currency by encoding economic value within the quantum states of physical systems, utilizing the principles of quantum mechanics to enhance security, integrity, and transferability. This…

Quantum Physics · Physics 2025-07-15 Artur Czerwinski

The main purpose of this article is to evaluate possible applications of quantum computers in foreign exchange reserves management. The capabilities of quantum computers are demonstrated by means of risk measurement using the quantum Monte…

General Economics · Economics 2022-03-30 Martin Veselý

A decentralized online quantum cash system, called qBitcoin, is given. We design the system which has great benefits of quantization in the following sense. Firstly, quantum teleportation technology is used for coin transaction, which…

General Finance · Quantitative Finance 2020-09-22 Kazuki Ikeda

Central Bank Digital Currency (CBDC) is an emerging trend in digital payments, with the vast majority of central banks around the world researching, piloting, or even operating a digital version of cash. While design choices differ broadly,…

Cryptography and Security · Computer Science 2024-03-19 Lars Hupel , Makan Rafiee

Quantum reservoir computing (QRC) is a hardware-implementation-friendly quantum neural network scheme with minimal physical system requirements and a proven advantage over classical counterparts. We use an extension of the positive-P phase…

Quantum Physics · Physics 2026-03-19 S. Świerczewski , W. Verstraelen , P. Deuar , T. C. H. Liew , A. Opala , M. Matuszewski

Machine learning has been increasingly utilized in the field of biomedical research to accelerate the drug discovery process. In recent years, the emergence of quantum computing has been followed by extensive exploration of quantum machine…

The development of quantum computing threatens the security of our currently widely deployed cryptographic algorithms. While signicant progress has been made in developing post-quantum cryptography (PQC) standards to protect against future…

Cryptography and Security · Computer Science 2025-03-10 Brian LaMacchia , Matt Campagna , William Gropp

Quantum cryptographic technology (QCT) is expected to be a fundamental technology for realizing long-term information security even against as-yet-unknown future technologies. More advanced security could be achieved using QCT together with…

Digital currencies primarily operate online, but there is growing interest in enabling offline transactions to improve digital inclusion. Existing offline methods struggle with double-spending risks, often limiting transaction amounts. In…

Quantum Physics · Physics 2025-02-26 Yichi Zhang , Siyuan Jin , Yuhan Huang , Qiming Shao

Unfulfilled expectations from macro-economic initiatives during the Great Recession and the massive shift into globalization echo today with political upheaval, anti-establishment propaganda, and looming trade/currency wars that threaten…

General Finance · Quantitative Finance 2019-07-26 Andreas Veneris , Andreas Park

Bitcoin is a digital currency and payment system based on classical cryptographic technologies which works without a central administrator such as in traditional currencies. It has long been questioned what the impact of quantum computing…

Quantum Physics · Physics 2018-01-10 Louis Tessler , Tim Byrnes

Quantum money is a cryptographic protocol in which a mint can produce a quantum state, no one else can copy the state, and anyone (with a quantum computer) can verify that the state came from the mint. We present a concrete quantum money…

Quantum Physics · Physics 2010-04-30 Edward Farhi , David Gosset , Avinatan Hassidim , Andrew Lutomirski , Peter Shor

Quantum Reservoir Computing (QRC) harnesses quantum systems to tackle intricate computational problems with exceptional efficiency and minimized energy usage. This paper presents a QRC framework that utilizes a minimalistic quantum…

Quantum Physics · Physics 2025-11-11 Chuanzhou Zhu , Peter J. Ehlers , Hendra I. Nurdin , Daniel Soh

The field of quantum resource theory (QRT) has emerged as an invaluable framework for the examination of small and strongly correlated quantum systems, surpassing the boundaries imposed by traditional statistical treatments. The fundamental…

Quantum Physics · Physics 2023-08-29 Gökhan Torun , Onur Pusuluk , Özgür E. Müstecaplıoğlu

A significant challenge in the field of quantum machine learning (QML) is to establish applications of quantum computation to accelerate common tasks in machine learning such as those for neural networks. Ridgelet transform has been a…

Quantum Physics · Physics 2023-10-24 Hayata Yamasaki , Sathyawageeswar Subramanian , Satoshi Hayakawa , Sho Sonoda

The key cryptographic protocols used to secure the internet and financial transactions of today are all susceptible to attack by the development of a sufficiently large quantum computer. One particular area at risk are cryptocurrencies, a…

Quantum Physics · Physics 2020-06-07 Divesh Aggarwal , Gavin K. Brennen , Troy Lee , Miklos Santha , Marco Tomamichel

We present a quantum reservoir computing (QRC) framework based on a small-scale quantum system comprising at most six interacting qubits, designed for nonlinear financial time-series forecasting. We apply the model to predict future daily…

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