Quantum Computing And The Financial System Spooky Action At A Distance
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Quantum Computing and the Financial System: Spooky Action at a Distance?
Author: International Monetary Fund
language: en
Publisher: International Monetary Fund
Release Date: 2021-03-12
The era of quantum computing is about to begin, with profound implications for the global economy and the financial system. Rapid development of quantum computing brings both benefits and risks. Quantum computers can revolutionize industries and fields that require significant computing power, including modeling financial markets, designing new effective medicines and vaccines, and empowering artificial intelligence, as well as creating a new and secure way of communication (quantum Internet). But they would also crack many of the current encryption algorithms and threaten financial stability by compromising the security of mobile banking, e-commerce, fintech, digital currencies, and Internet information exchange. While the work on quantum-safe encryption is still in progress, financial institutions should take steps now to prepare for the cryptographic transition, by assessing future and retroactive risks from quantum computers, taking an inventory of their cryptographic algorithms (especially public keys), and building cryptographic agility to improve the overall cybersecurity resilience.
Proceedings of the International Conference on Sustainability Innovation in Computing and Engineering (ICSICE 24)
This is an open access book. The International Conference on Sustainability Innovation in Computing and Engineering is a distinguished event that brings together leading experts, researchers, practitioners, and innovators to explore the transformative role of computing and engineering in advancing sustainable solutions. In today’s world, where environmental challenges are intensifying, the need for technological innovation in addressing sustainability issues has never been more urgent. This conference serves as a dynamic platform for sharing groundbreaking research, showcasing innovative technologies, and fostering cross-disciplinary collaborations to accelerate sustainable development. With a focus on integrating sustainability into the core of computing and engineering practices, this conference will delve into a wide array of topics such as sustainable computing technologies, energy-efficient systems, green engineering practices, and the role of data science in promoting sustainability. It will also highlight the latest advancements in areas like artificial intelligence, smart systems, and digital solutions that contribute to environmental stewardship and social equity. The conference aims to bridge the gap between theoretical research and practical application, empowering participants to develop actionable strategies and innovative solutions that can be deployed in real-world scenarios. By facilitating robust discussions and knowledge exchange, the conference seeks to inspire new ideas, foster collaboration, and catalyze the development of technologies that not only enhance efficiency and performance but also contribute to a more sustainable future. It is an honor to host a gathering of visionary leaders in computing and engineering, whose expertise and insights will guide the global movement toward a greener, more sustainable world.
Quantum Computing
Author: Richard Skiba
language: en
Publisher: After Midnight Publishing
Release Date: 2025-03-09
Quantum computing is revolutionizing the way we approach computation, unlocking unprecedented capabilities that challenge the limits of classical computers. This book is a guide for anyone seeking to understand the complexities of this emerging field. Whether you are a student, researcher, or technology enthusiast, this book provides a comprehensive exploration of the core concepts, algorithms, hardware, and real-world applications of quantum computing. The book begins with a solid introduction to quantum mechanics, the foundational science that makes quantum computing possible. Readers will gain an understanding of key principles such as superposition, entanglement, and quantum interference—phenomena that enable quantum computers to process vast amounts of data in parallel. The discussion then shifts to qubits, the fundamental building blocks of quantum computation, explaining their physical implementations using superconducting circuits, trapped ions, photonic systems, and other technologies. As the book progresses, it delves into the architecture of quantum computing, covering quantum logic gates, circuit design, and universal gate sets that define how quantum computers perform calculations. It explores groundbreaking quantum algorithms such as Shor’s algorithm for factoring large numbers and Grover’s algorithm for quantum search, demonstrating how quantum computing achieves exponential speedup over classical methods. A key challenge in quantum computing is error correction and noise mitigation. This book provides an in-depth analysis of quantum error correction techniques, fault-tolerant computing, and strategies for overcoming decoherence and environmental noise, making it accessible even to readers without a deep background in physics. The discussion extends beyond theory to practical implementations, examining quantum hardware developed by leading technology companies such as IBM, Google, Microsoft, IonQ, and Rigetti. It also explores the role of quantum computing in cybersecurity, highlighting quantum cryptography, post-quantum encryption, and quantum key distribution protocols that ensure secure communications. The latter sections of the book showcase real-world applications of quantum computing in fields such as artificial intelligence, drug discovery, climate modelling, financial modelling, and supply chain optimization. It also covers cloud-based quantum computing services like IBM Quantum Experience, Google Quantum AI, and Amazon Braket, providing insights into how organizations can leverage quantum computing without owning expensive quantum hardware. With an eye toward the future, Quantum Computing: Fundamental Principles of Quantum Computing Systems examines the ongoing challenges and expected advancements in the field, offering predictions on the evolution of quantum computing over the next two decades. This book is an indispensable resource for understanding one of the most exciting technological frontiers of our time.