Mediaboss Marketing

Researchers have made a breakthrough in quantum technology development that has the potential to leave todays supercomputers in the dust, opening the door to advances in fields including medicine, chemistry, cybersecurity and others that have been out of reach.

In a study published in the journal Nature on Wednesday, researchers from Simon Fraser University in British Columbia said they found a way to create quantum computing processors in silicon chips.

Principal investigator Stephanie Simmons said they illuminated tiny imperfections on the silicon chips with intense beams of light. The defects in the silicon chips act as a carrier of information, she said. While the rest of the chip transmits the light, the tiny defect reflects it back and turns into a messenger, she said.

There are many naturally occurring imperfections in silicon. Some of these imperfections can act as quantum bits, or qubits. Scientists call those kinds of imperfections spin qubits. Past research has shown that silicon can produce some of the most stable and long-lived qubits in the industry.

These results unlock immediate opportunities to construct silicon-integrated, telecommunications-band quantum information networks, said the study.

Simmons, who is the universitys Canada Research Chair in silicon quantum technologies, said the main challenge with quantum computing was being able to send information to and from qubits.

People have worked with spin qubits, or defects, in silicon before, Simmons said. And people have worked with photon qubits in silicon before. But nobodys brought them together like this.

Lead author Daniel Higginbottom called the breakthrough immediately promising because researchers achieved what was considered impossible by combining two known but parallel fields.

Silicon defects were extensively studied from the 1970s through the 90s while quantum physics has been researched for decades, said Higginbottom, who is a post-doctoral fellow at the universitys physics department.

For the longest time people didnt see any potential for optical technology in silicon defects. But weve really pioneered revisiting these and have found something with applications in quantum technology thats certainly remarkable.

Although in an embryonic stage, Simmons said quantum computing is the rock n roll future of computers that can solve anything from simple algebra problems to complex pharmaceutical equations or formulas that unlock deep mysteries of space.

Were going to be limited by our imaginations at this stage. Whats really going to take off is really far outside our predictive capabilities as humans.

The advantage of using silicon chips is that they are widely available, understood and have a giant manufacturing base, she said.

We can really get it working and we should be able to move more quickly and hopefully bring that capability mainstream much faster.

Some physicists predict quantum computers will become mainstream in about two decades, although Simmons said she thinks it will be much sooner.

In the 1950s, people thought the technology behind transistors was mainly going to be used for hearing aids, she said. No one then predicted that the physics behind a transistor could be applied to Facebook or Google, she added.

So, well have to see how quantum technology plays out over decades in terms of what applications really do resonate with the public, she said. But there is going to be a lot because people are creative, and these are fundamentally very powerful tools that were unlocking.

Hina Alam, The Canadian Press

RELATED: US intel warns China could dominate advanced technologies

RELATED: Elon Musk claims Tesla will debut a humanoid robot next year

Computers and ElectronicsScienceSFU

Link:
Old computer technology points the way to future of quantum computing Terrace Standard - Terrace Standard

A University of Minnesota Twin Cities-led team received a $1.4 million award from the W. M. Keck Foundation to study a new process that combines quantum physics and biochemistry. If successful, the research could lead to a major breakthrough in the quantum computing field.

The project is one of two proposals the University of Minnesota submits each year to the Keck Foundation and is the first grant of its kind the University has received in 20 years.

Quantum computers have the potential to solve very complex problems at an unprecedented fast rate. They have applications in fields like cryptography, information security, supply chain optimization and could one day assist in the discovery of new materials and drugs.

One of the biggest challenges for scientists is that the information stored in quantum bits (the building blocks of quantum computers) is often short-lived. Early-stage prototype quantum computers do exist, but they lose the information they store so quickly that solving big problems of practical relevance is currently unachievable.

One approach researchers have studied to attempt to make quantum devices more stable is by combining semiconductors and superconductors to obtain robust states called Majorana modes, but this approach has been challenging and so far inconclusive since it requires very high-purity semiconductors. U of M School of Physics and Astronomy Associate Professor Vlad Pribiag, who is leading the project, has come up with a new idea that could yield stable Majorana quantum structures.

Pribiags proposed method leverages recent advances in DNA nanoassembly, combined with magnetic nanoparticles and superconductors, in order to detect Majoranas, which are theoretical particles that could be a key element for protecting quantum information and creating stable quantum devices.

This is a radically new way to think about quantum devices, Pribiag said. When I heard about this technique of DNA nanoassembly, I thought it fit right into this problem I had been working on about Majoranas and quantum devices. Its really a paradigm shift in the field and it has tremendous potential for finding a way to protect quantum information so that we can build more advanced quantum machines to do these complex operations.

The project, entitled Topological Quantum Architectures Through DNA Programmable Molecular Lithography, will span three years. Pribiag is collaborating with Columbia University Professor Oleg Gang, whose lab will handle the DNA nanoassembly part of the work.

About the W. M. Keck FoundationBased in Los Angeles, the W. M. Keck Foundation was established in 1954 by the late W. M. Keck, founder of the Superior Oil Company. The Foundations grant making is focused primarily on pioneering efforts in the areas of medical research and science and engineering. The Foundation also supports undergraduate education and maintains a Southern California Grant Program that provides support for the Los Angeles community, with a special emphasis on children and youth. For more information, visit the Keck Foundation website.

About the College of Science and EngineeringThe University of Minnesota College of Science and Engineering brings together the Universitys programs in engineering, physical sciences, mathematics and computer science into one college. The college is ranked among the top academic programs in the country and includes 12 academic departments offering a wide range of degree programs at the baccalaureate, master's, and doctoral levels. Learn more at cse.umn.edu.

Read the rest here:
UMN-led team receives $1.4M Keck Foundation grant to study possible breakthrough in quantum computing - UMN News

Following the launch in 2017 of a global challenge to set future post-quantum cryptography standards in digital signatures and public key encryption, which attracted 82 candidates from 25 countries, the NIST has selected Falcon algorithm co-developed for its extremely strong security and high bandwidth efficiency.

Falcon was co-developed by Thales together with academic and industrial partners from France (University of Rennes 1, PQShield SAS), Switzerland (IBM), Canada (NCC Group) and the US (Brown University, Qualcomm). It was selected by NIST alongside two other algorithms as standard for digital signatures, while a fourth algorithm was deemed standard for public key encryption/KEM. Thales was the only technology group serving the defence, aerospace and digital identity markets, to take part in the NIST competition.

Post-quantum cryptography enables conventional computers to withstand attacks by large-scale quantum computers, which many specialists believe could appear in the next few years. Quantum machines are expected to increase todays computer processing power to such a degree that they could break current cryptographic algorithms in a matter of seconds.

This quantum leap in computing power could usher in a crypto-apocalyse by posing very real and serious threats to the security of digital systems private citizens and organisations worldwide rely on day-to-day, such as critical information systems, on-line banking, payment cards, e-commerce, electronic signatures or on-line voting.A hacker with a quantum computer, for example, could easily gain access to confidential data, steal someone else's identity or falsify transactions and legal contracts. In the same way, a nations security could be threatened if its critical communications systems were the target of a quantum attack.

New algorithms such as Falcon, are quantum-resistant because they are based on mathematical problems that are among the most difficult to solve, even for a quantum computer.

Organisations who are willing to protect their data in a Zero Trust world must adopt a strong quantum crypto agility strategy. Thales Cyber Solutions consulting teams have developed a post-quantum cyber architecture offer to help their customers prepare for the threat of cyber-attacks by quantum-computers. Thales also provides quantum resistant network encryption and hardware security modules that are capable of protecting customer data against future quantum attacks, by already allowing customers to implement a number of Quantum Resistant algorithms.

Thales has been at the forefront of post-quantum cryptography research since 2013, and the selection of the Falcon algorithm by NIST is great recognition of the excellent co-development work and expertise of our crypto teams. We will pursue our on-going research in France and Europe to develop innovative, trusted solutions that will be quantic-resistant, without compromising performance, and are already helping our customers in their transition to a new generation of security solutions, to avert a future crypto-apocalypse.said Pierre-Yves Jolivet, Vice-President, Cyber Defence Solutions at Thales.

Learn more about Quantum at Thales:

Read more:
Falcon algorithm co-developed with Thales selected by the NIST as a new standard in post-quantum cryptography - Thales

With the crypto market continuing to trade sideways with mounting bearish pressure, niche categories for crypto tokens remain highly popular as traders and investors prowl for underrated and undervalued projects for long-term investments. Some popular crypto token types include Metaverse tokens, Web3 coins, and dApp tokens on various ecosystems like Tron, Elrond, Ethereum, Polkadot, etc.

Cryptocurrencies have the power to revolutionize finance by cutting out intermediaries. By bringing their exceptional capability to the design process, quantum computers and supercomputers have the potential to revolutionize the way medicines and materials are created.

But, Heres the issue: If quantum computing develops more quickly than efforts to future-proof digital money, the blockchain accounting system that underpins cryptocurrencies may be susceptible to sophisticated hacks and fake transactions.

On the other hand, some new cryptocurrencies claim to be quantum secure and quantum-resistant, which means they can withstand known quantum computer assaults. We will look at some cryptocurrency tokens at the top of their game.

Note: This list is ordered by market capitalization, from lowest to highest.

Mochimo (MCM), a brand-new cryptocurrency developed by an international team and released on June 25th, 2018, is resistant to threats from quantum computers.

Mochimo uses WOTS+ Quantum Resistant Security approved by the EU-funded PQCrypto research organization and a one-time addressing feature to secure privacy when you want it.

According to the website, the Mochimo blockchain remains small while substantially increasing TX speed using ChainCrunch, a proprietary algorithm. Using a compressed portion of the historical blockchain available on every node in the decentralized network, anyone can set up a full working node in minutes.

Industry experts in computer networking, artificial intelligence, telecommunications, cryptography, and software engineering make up the critical contributors of Mochimo.

Some top cryptocurrency exchanges for trading Mochimo $MCM are currently CITEX, FINEXBOX, and VinDAX.

The goal of HyperCash (HC), originally known as Hcash, is to make value transfers possible between various blockchains. It supports DAO governance, quantum resistance, and zero-hash proofs.

Its a decentralized and open-source cross-platform cryptocurrency designed to facilitate the exchange of information between blockchains and non-blockchain networks.

Its also a highly secure network featuring quantum-resistant signature technology.

The HCASH network has two chains running laterally, each serving different functions within the ecosystem.

Hcashs governance is based on a hybrid PoW/PoS consensus methodology and blockchain/DAG network.

If you want to know where to buy HyperCash at the current rate, check out these exchanges OKX, MEXC, KuCoin, Huobi Global, Gate.io, and Hoo. HyperCash is up 3.87% in the last 24 hours.

Nexus (NXS) is a community-driven initiative with the shared goal of creating a society characterized by progressive and ethical principles, advanced technology, and universal access to connection on a free and open basis.

Since September 23rd, 2014, Nexus has been created through mining alone, without an ICO or premine. Nexus uses post-quantum signature schemes (FALCON) and automated key management functions through the Signature Chains technology.

This technology eliminates key management issues (wallet.dats) by allowing users to access their accounts with the familiarity of a username, password, and PIN.

Another technology being developed by Nexus includes;

All the tech mentioned above is connected through a multi-dimensional chaining structure. Nexus is bringing this possibility to life with an end-to-end decentralized platform designed to empower every human being with technology to reclaim their digital identity.

Some top cryptocurrency exchanges for trading $NXS are Binance, Pionex, Bittrex, and CoinDCX.

The Quantum Resistant Ledger (QRL) is a fully quantum-resistant blockchain network using PQ-CRYPTO recommended/IETF standardized cryptography.

The QRL utilizes a hash-based eXtended Merkle Tree Signature Scheme (XMSS) instead of ECDSA, which is reportedly vulnerable to quantum attacks and found in many other blockchain projects.

According to the project, a set of applications and a development environment that enable users to simply build blockchain applications on its provably quantum-resistant network enhance the security of its platform.

Combining on-chain lattice key storage with their robust ephemeral messaging layer to internode communication provides a first-of-its-kind post-quantum secure message layer for ultra-secure digital communications.

The platform has a full suite of end-user products designed with the end-user in mind: from integrations with hardware wallets to mobile applications.

If you want to know where to buy $QRL, check out the CoinTiger exchange.

Launched in 2016, IOTA (MIOTA) is a distributed ledger. However, it differs significantly from a blockchain in that it isnt one. Instead, it uses a system of nodes called Tangle, its patented technology, to confirm transactions.

There are no fees since there is no blockchain, no mining, i.e., no miners. When congestion worsens, costs soar on many conventional networks, but IOTA seeks to offer limitless capacity at a low price.

The platforms foundation claims it provides much faster speeds than traditional blockchains and has the perfect footprint for the ever-expanding Internet of Things ecosystem.

The objective of IOTA is to establish itself as the default platform for carrying out IoT device transactions.

In summary:

According to the team behind the project, their distributed ledger may provide everyone access to digital identities, lead to auto insurance policies based on actual usage, open the door to cutting-edge smart cities, facilitate frictionless international trade, and establish the legitimacy of goods.

Some top cryptocurrency exchanges for trading $MIOTA are Binance, OKX, Bybit, Bitget, and BingX.

Disclosure: This is not trading or investment advice. Always do your research before buying any Quantum Computing token or investing in any cryptocurrency.

Follow us on Twitter@thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!

Image Source: grandeduc/123RF

Originally posted here:
Top 5 Quantum Computing Crypto Tokens to Watch in 2022 - The VR Soldier

NEW YORK, July 10, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of IonQ, Inc. (NYSE: IONQ), Energy Transfer LP (NYSE: ET), Digital Turbine, Inc. (NASDAQ: APPS), and Teladoc Health, Inc. (NYSE: TDOC). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

IonQ, Inc. (NYSE: IONQ)

Class Period: March 20, 2021 May 2, 2022

Lead Plaintiff Deadline: August 1, 2022

On May 3, 2022, Scorpion Capital released a research report alleging, among other things, that IonQ is a scam built on phony statements about nearly all key aspects of the technology and business. It further claimed that the Company reported [f]ictitious revenue via sham transactions and related-party round-tripping.

On this news, the Companys stock fell $0.71, or 9%, to close at $7.15 per share on May 3, 2022, on unusually heavy trading volume.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that IonQ had not yet developed a 32-qubit quantum computer; (2) that the Companys 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) that IonQs quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) that a significant portion of IonQs revenue was derived from improper round-tripping transactions with related parties; and (5) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

For more information on the IonQ class action go to: https://bespc.com/cases/IONQ

Energy Transfer LP (NYSE: ET)

Class Period: April 13, 2017 December 20, 2021

Lead Plaintiff Deadline: August 2, 2022

Energy Transfer is a Delaware company headquartered in Dallas, Texas. Energy Transfer is a company engaged in natural gas and propane pipeline transport. It was founded in 1996 and became a publicly traded partnership in 2006. The Partnership through its subsidiaries provides transportation, storage, and terminalling services for products like natural gas, crude oil, NGL, and refined products. The Partnership also constructs natural gas pipelines through its various subsidiaries.

On April 13, 2017, the horizontal directional drilling activities ("HDD") for the Rover Pipeline Project, one of the Partnership's natural gas pipeline construction projects, caused a large inadvertent release of drilling mud near the Tuscarawas River in Ohio. On August 8, 2019, Energy Transfer filed its quarterly report on Form 10-Q with the SEC, reporting the Partnership's financial and operating results for the second quarter ended June 30, 2019. This quarterly report disclosed that two years earlier, in mid-2017 the Federal Energy Regulatory Commission ("FERC")'s Enforcement Staff began a formal investigation "regarding allegations that diesel fuel may have been included in the drilling mud at the Tuscarawas River HDD." On this news, the price of Energy Transfer stock declined $0.65, or 4.6% over two trading days, to close at $13.38 on August 12, 2019.

Then, on December 16, 2021, FERC publicly issued to Energy Transfer the Order To Show Cause and Notice of Proposed Penalty, which directed the Partnership to show cause why it should not be assessed a civil penalty in the amount of $40,000,000. The order presented the allegation by the Enforcement Staff that the HDD crews intentionally included diesel fuel and other toxic substances and unapproved additives in the drilling mud during its HDDs under the Tuscarawas River. On this news, the price of Energy Transfer shares declined $0.24, or 2.8% over the course of two trading days, to close at $8.25, on December 20, 2021.

The Complaint alleges Energy Transfer concealed and misrepresented that: (a) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (b) Energy Transfer through its subsidiary hired third-party contractors to conduct HDDs for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River when the April 13 Release took place; and (c) Energy Transfer continually downplayed its potential civil liabilities when FERC was actively investigating the Partnership's wrongdoing related to the April 13 Release and consistently provided it with updated information about FERC's findings on this matter.

For more information on the Energy Transfer class action go to: https://bespc.com/cases/ET

Digital Turbine, Inc. (NASDAQ: APPS)

Class Period: August 9, 2021 May 17, 2022

Lead Plaintiff Deadline: August 5, 2022

Digital Turbine is a software company that delivers products to assist third parties in monetizing through the utilization of mobile advertising. The Company completed the acquisitions of AdColony Holdings AS (AdColony) and Fyber N.V. (Fyber) on April 29 and May 25, 2021, respectively.

On May 17, 2022, Digital Turbine issued a press release revealing that it will restate its financial statements for the interim periods ended June 30, 2021, September 30, 2021, and December 31, 2021, following a review of the presentation of revenue net of license fees and revenue share for the Companys recently acquired businesses."

On this news, the Companys shares fell $1.93, or 7.1%, to close at $25.28 per share on May 18, 2022, on unusually heavy trading volume.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Companys recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) that, as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) that the Companys internal control over financial reporting as to revenue recognition was deficient; and (4) that, as a result of the foregoing, the Companys net revenues was overstated throughout fiscal 2022; and (5) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

For more information on the Digital Turbine class action go to: https://bespc.com/cases/APPS

Teladoc Health, Inc. (NYSE: TDOC)

Class Period: October 28, 2021 April 27, 2022

Lead Plaintiff Deadline: August 5, 2022

Teladoc provides virtual healthcare services in the U.S. and internationally through Business-to-Business (B2B) and Direct-to-Consumer (D2C) distribution channels. The Company offers its customers various virtual products and services addressing, among other medical issues, mental health through its BetterHelp D2C product, and chronic conditions.

Teladoc touts itself as the first and only company to provide a comprehensive and integrated whole person virtual healthcare solution that both provides and enables care for a full spectrum of clinical conditions[.] Despite recent market concerns over new entrants to the telehealth field, such Amazon.com, Inc. (Amazon) and Walmart Inc. (Walmart), the Company has continued to assure investors of the Companys dominant market position in the industry.

In fact, as recently as February 2022, Teladoc forecasted full year (FY) 2022 revenue of $2.55 - $2.65 billion, as well as adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $330 - $355 million, on anticipated continued growth through its competitive advantages.

Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladocs BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladocs revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize asignificant non-cash goodwill impairment charge; and (v) as a result, the Companys public statements were materially false and misleading at all relevant times.

On April 27, 2022, Teladoc announced its first quarter (Q1) 2022 financial results, including revenue of $565.4 million, which missed consensus estimates by $3.23 million, and [n]et loss per share of $41.58, primarily driven by [a] non-cash goodwill impairment charge of $6.6 billion or $41.11 per share[.] Additionally, the Company revised its FY 2022 revenue guidance to $2.4 - $2.5 billion and adjusted EBITDA guidance to $240 - $265 million to reflect dynamics we are currently experiencing in the [D2C] mental health and chronic condition markets. On a conference call with investors and analysts that day to discuss Teladocs Q1 2022 results, Defendants largely attributed the Companys poor performance, revised FY 2022 guidance, and $6.6 billion non-cash goodwill impairment charge to increased competition in its BetterHelp and chronic care businesses.

On this news, Teladocs stock price fell $22.48 per share, or 40.15%, to close at $33.51 per share on April 28, 2022.

For more information on the Teladoc class action go to: https://bespc.com/cases/TDOC

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit http://www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com

http://www.bespc.com

Excerpt from:
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed ... - The Bakersfield Californian