2018 has seen rising awareness of the future potential of quantum technology. 2019 is set to see quantum computing in particular at the peak of its hype cycle. Fact Based Insight believes that investors should take a wide view of the sector to find value in the short, medium and long term. The road to…
A new quantum network has been launched in the UK and quantum initiatives are underway at telecom players SK Telecom, BT, Telefónica and Huawei – the world is starting to prepare in earnest for the advent of large scale quantum computers. Quantum computers promise to bring a remarkable range of benefits to industry and society. …
We are about to enter a new transitional phase in the development of quantum technology. Behind the headlines there are a diversity of strategies available for those wanting to get on board. In 2012 Caltech professor John Preskill coined the term quantum supremacy for the quest to demonstrate a calculation on a quantum device that…
Commercial transactions on the Internet and routine cyber security depend on the effectiveness of public key cryptography. Quantum computers will make existing standards obsolete. The impact of this starts now. Estimates vary on when a quantum computer powerful enough to realise this threat will be built. A range of dates from 8 to 20 years…
Academics argue that Bitcoin could be subject to attack from quantum computers by 2027. There are plenty of ways to meet this challenge, but given recent experience how easy will the Bitcoin community find it to organise its response? A new paper from Aggarwal, Brennen, Lee et al. starts by underlining the strength of Bitcoin’s main…
Commercial transactions on the Internet and routine cyber security depend on the effectiveness of public key cryptography. Quantum computers will make existing standards obsolete. The impact of this starts now. The central technical pillar of online security is the use of secure cryptographic algorithms to encrypt data, passwords and identities, and so keep them safe…
