Quantum Computing and The Power of Processing

For the last couple of years, there has been a buzz around ‘Quantum Computing’, and the tech fraternity is calling it the future of tech or computing. Despite the fact that quantum technology and its various applications in diverse industries are in their infancy, a lot has been promised about this state-of-the-art technology.?

The rumour is that a quantum computer has the potential to break many of the cryptographic systems currently in use. This could expose the encrypted data on the internet, including secure web pages, encrypted emails and secured data storage. The impact of quantum computing could be far-reaching, affecting everything from personal data privacy to national security. The impending advent of quantum computers urges the need for quantum-resistant algorithms to uphold the security of Internet-facing encrypted data.?

As the world struggles with how to take advantage of emerging quantum computing technologies, IBM and Google are ahead of the game. With its IBM Q Experience, IBM is a pioneer in delivering cloud-based quantum computing services. In 2019, Google made news when it claimed to establish "quantum supremacy" by accomplishing an operation on a quantum computer that would be almost impossible on traditional computers.

In contrast to traditional computers, which utilise bits to encode data as either 0s or 1s, quantum computers use quantum bits or qubits, which may exist in several states at the same time due to a characteristic known as superposition. Entanglement, another characteristic of quantum physics, may also be used to enable relationships between qubits while they are in superposition. Both of these qualities allow quantum computers to do specific calculations far more efficiently than traditional computers.

What Quantum Computing Can Do??

The ability to calculate solutions to problems simultaneously rather than progressively holds enormous potential for AI and ML. AI and machine learning are being used by businesses today to explore new methods to automate and improve operations. When combined with quantum computing, optimisation gets done significantly more quickly and at scale, particularly when analysing and processing very complex or even unorganised large data sets.

With quantum computing's modelling abilities, financial institutions might better utilise the technology for modelling the fluctuation of assets and securities at a large scale. This might assist in decreasing risk, optimising large-scale portfolios, and enabling financial institutions to understand global financial system patterns and movements better.

Quantum computing has the potential to have a direct influence on security and encryption. Given the constantly shifting character of the cybersecurity landscape, quantum computers might aid in the encryption of data while in use, offering both in-transit and at-rest safety measures.

The Expectations?

It will take time for organisations to implement quantum computing on a larger scale, anywhere from five to ten years at the most, but it's always a good idea to keep an eye on patterns and breakthroughs in the sector as the technology develops. Data centre administrators should already be tracking disruptive developments to keep ahead of the curve, but this is especially true for quantum computing. Keep an eye on the thought leaders in the industry and keep an eye out for dangers and possibilities.