Quantum computing may still be registered by many leaders as a very niche technology, but Broader Business Use Cases May be just a less year away.
While only a handful of companies have machines with logical Qubits Today, Delegates at the Commercialising Quantum Computing Conference in London was told that a machine with 100 logits Offer Quantum Advantage in Material Science by 2028.
This means that that, by then, a definitionly powerful and Stable Quantum Computer Delhi Start Delivering Business Value Better
Ai and quantum computing
Mark Jackson, Senior Quantum Evangelist at Quantinuum, said the company was already using generative quantum artificial intelligence (ai). In a firside chat at the conference, jackson spoke about the interaction between quantum computing and ai.
It is larGly acknowledged that a quantum computer is not good at providing a precise answer, such as if applied to big data analysis. But, according to jackson, it shines when used for machine learning, which can be applied to identify a correct answer. Quantum-Enhanced Machine Learning Can Process Large Datasets Far Quicker Than Conventional Computers, Especially when applied to detecting patterns.
“Quantum computers can detect patterns that would be missed by other conventional computing methods,” said jackson.
This ability to detect patterns in Massive Datasets Could Revolutionise Cyber Security. Becky pickard, managing director of global cyber operations at barclays, pointed out during a panel discussion that a lot of progress has been made with Made with Machine Learning and how to apply Basis: “We're Working with Massive Volumes of Data – 12TbyTes – on a daily basis.”
She suggested that Quantum Machine Learning Could Help. From an optimization percective, she is keen to see the development of quantum computing applied in a way that Reshapes Cyber Defense.
Financial services
HSBC is one of the organasations that have been working on quantum computing for several years.
Discussing the Return on Investment OpportunityAnd how quantum computing can be used to build more optimized financial models, Phil Intallura, Global Head of Quantum Technologies at HSBC, Said: “When you breakdown the options, Services is one of the biggest beneficiaries. “
As INTALLURA POINTS OUT, Banks are always looking for a better financial model: “There's one thing that catalyses commercial organizations more than anything else, and that's confidence. Using quantum technology that can get a better output based than a supercomputers, [business decision-makers] Will give you much more runway than you need. “
Another Application Area is the Ability to Generate a True Random Number, which can feed into financial model simulations.
In March, A Team of Researchers from jpmorganchase, quantinuum, argonne national laboretory, oak ridge national labratory, and the university of texas at austin publled a paper in Nature Discussing a Technique Known As Random Circuit Sampling (RCS),
RCS is used to perform a certified-Randomness-Expansion Protocol, which outputs more randomness than it takes as input. It is a task that is often used to demonstrate quantum supremacy since it cannot be achieved on a classical computer.
Speaking of the usefulness of a quantum number generator at HSBC, Intallura Said: “Using Quantum Random Numbers as Your Entropy Source to Classical Simulation Dies Not Change Any of the UNDERING NOT Change Any of the UNDERING MONT Classical models. You're just injected a different source of entropy than what we would [normally] Use. “
Quantum computing and cryptography
For intallura, regulatory pressure and the need to Ensure Financial Transactions Are Secure is helping to inform quantum computing plans at financial institutions.
The US National Institute of Standards and Technology has ratified a number of post-Quantum Cryptography (PQC) Standards. Banks face pressure from regulators to regulace RSA-2048 Encryption by 2035 and migrate full over to quantum safe encryption standards to protect banking trains.
But, as Mark Carneyy, Lead of Quantum Cyber Security Research at Santander Global, Noted, Post-Quantum Cryptography Needs Both Software and Hardware Acceleration.
“We want to be able to have pqc at speed in our devices and on our payment cards,” He said. “We want to give our customers the very best cryptography that we may passibly can – not just for regulatory purposes, but also be also because it gives a sense of assurance.”
Among the promises of quantum computing is that it can be applied to solve complex optimization problems. As and when they become commercially viable, such systems will need to work along
This is something that Gerrard Mully, Interim Ceo of Oxford Quantum Circuits, Recognized during DURING his presentation at the event. Mullery sees a need for quantum computing to be embedded in Enerprise Workflows.
“As ai agents autonomously orchestrate enterprise workflows, Quantum Compute Platforms Must Be Designed To Integrate with Them,” He Added.
What is clear from the experts who spoke at the commercialising quantum computing conference is that a useful machine is perhaps only a few year away. This will have enough logical quibits to solve real-world problems.
As such devices evolve, it is likey more organizations will draw on quantum computing for certain combinatorial optimisation problems, which will need to integrate with Classical Computing in the Datactering. As Quantum Computing Backets more accessible, there will also be a need to bolster cryptography with pqc.