Quantum Computing | Quantum News

Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround

Theoretically, someone using quantum computing could reverse-engineer your private key, forge your digital signature, and subsequently empty your bitcoin wallet. Within a decade, quantum computers could be powerful enough to break the cryptographic security…

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Quantum Computing | Quantum News

How Quantum Computing Will Help Solve Real-World Problems Much Faster

How Quantum Computing Will Help Solve Real-World Problems Much Faster

In prediction, quantum computing can significantly improve structural predictions of complex structures like protein, DNA, RNA, etc. Many use-cases are being explored across many verticals like healthcare, life sciences, finance, supply chain/logistics, etc. Other potential application areas include portfolio optimization in…

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Quantum Computing | Quantum News

Xanadu closes $100M funding to develop ‘fault-tolerant’ photonic quantum computer

Xanadu closes $100M funding to develop ‘fault-tolerant’ photonic quantum computer

Xanadu , a Toronto, Canada-based developer of photonic quantum computing technologies, has raised US$100M in Series B financing. In-Q-Tel, along with returning investors Georgian, OMERS, and Tim Draper. “BVP is betting that in this decade quantum computers, like Xanadu’s, will make…

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