Tackling the challenges of quantum computing seriously – Shoosmiths
At the end of last week, the FT published a guest article on quantum computing.
For those unfamiliar with quantum computing, it is the technology that will be capable of harnessing the powers of quantum mechanics to solve problems which are too complex for classical computers (the computers of today).
Classical computing employs streams of electrical impulses to encode information: an electrical impulse may be only 1 or 0 (i.e. on or off) a classical 'bit. In quantum mechanics particles can exist in more than one state at a time. In binary terms, this means that a quantum bit (known as a "qubit") can be both 1 and 0 at the same time. If a computer can be built that harnesses this quantum mechanical phenomena, then it should be able to solve complex problems much faster than classical computers or problems too complex for classical computers to solve.
In 1994, Peter Shor (a mathematician) wrote an algorithm (known as Shor's Algorithm) that could crack the Rivest-Shamir-Adleman (RSA) algorithm. RSA is a suite of cryptographic algorithms that are used for systems security purposes it secures huge amounts of sensitive data from national security to personal data within a firms systems and as it is being sent externally. Shors Algorithm is not capable of running on classical computers: it requires quantum computing to be effective.
Quantum computing is not a pipe dream: there are myriad firms working on developing it; and there are firms which do produce hardware with limited quantum computing capability at the moment (which works alongside classical computers). It may be decade before quantum computing becomes a reality (and many more years before it is commoditised), however, when it does, it will change the way in which we all need to secure our data. The security of both previous and future communications/storage will be at risk (or non-existent). In 2020, the UKs National Cyber Security Centre published a white paper Preparing for Quantum-Safe Cryptography. In its conclusions, it stated that there is unlikely to be a single quantum-safe algorithm suitable for all applications. In 2021, the NCSC announced its first quantum-safe algorithm. In 2022, the U.S. Department of Commerces National Institute of Standards and Technology (NIST) announced its first four quantum-resistant cryptographic algorithms.
The Digital Regulation Cooperation Forum bringing together four leading regulators in the UK published its Quantum Technologies Insights Paper earlier this year (June 2023). The paper considers the potential of quantum computing and the issues that need to be considered now as in now to prepare the world for this next big chapter in computing technology.
There are a few things to note:
The author of the FT article ended with a limerick written by Shor himself. We will end with an idiom. In binary.
01101001 01101110 00100000 01110100 01101000 01100101 00100000 01110111 01101111 01110010 01100100 01110011 00100000 01101111 01100110 00100000 01010011 01100101 01110010 01100111 01100101 01100001 01101110 01110100 00100000 01000101 01110011 01110100 01100101 01110010 01101000 01100001 01110101 01110011 00111010 00100000 01100010 01100101 00100000 01100011 01100001 01110010 01100101 01100110 01110101 01101100 00100000 01101111 01110101 01110100 00100000 01110100 01101000 01100101 01110010 01100101 00101110
Excerpt from:
Tackling the challenges of quantum computing seriously - Shoosmiths
- Google, Microsoft, and others are racing to crack open quantum computing. Here's how their breakthroughs stack up. - Business Insider - March 9th, 2025 [March 9th, 2025]
- Could Investing in This Quantum Computing Stock Be Like Buying Nvidia Prior to the Dawn of the Artificial Intelligence (AI) Revolution? - Yahoo... - March 9th, 2025 [March 9th, 2025]
- Inside The Quantum Computing Crash Triggered By Nvidia CEO And What His Upcoming 'Quantum Day' May Bring - Investor's Business Daily - March 9th, 2025 [March 9th, 2025]
- Rigetti Earnings Reveal the Risks and Rewards of Quantum Computing - Barron's - March 9th, 2025 [March 9th, 2025]
- 'Nanodot' control could fine-tune light for sharper displays and quantum computing - Phys.org - March 9th, 2025 [March 9th, 2025]
- 3 Quantum Computing Stocks to Buy on the Dip - 24/7 Wall St. - March 9th, 2025 [March 9th, 2025]
- How quantum computing is shaping the future of tech - Yahoo Finance - March 9th, 2025 [March 9th, 2025]
- AIST Strengthens Quantum Collaboration with ORCA Computing and Universal Quantum - Quantum Computing Report - March 9th, 2025 [March 9th, 2025]
- Microsofts Quantum Computing Breakthrough, Explained - The Dispatch - March 5th, 2025 [March 5th, 2025]
- Quantum Computing Startup Says Its Already Making Millions of Light-Powered Chips - Singularity Hub - March 5th, 2025 [March 5th, 2025]
- Quantum computing is creating the future heres how - USC Dornsife College of Letters, Arts and Sciences - March 5th, 2025 [March 5th, 2025]
- Why We Dont Have Real Quantum Computing Yet - Forbes - March 5th, 2025 [March 5th, 2025]
- QunaSys Joins 19.95M ($20.91M USD) EU Project to Advance Sustainable Battery Innovation with Quantum Computing - Quantum Computing Report - March 5th, 2025 [March 5th, 2025]
- Alice & Bob to Host Fault-Tolerant Quantum Computing Workshop with CEA - HPCwire - March 5th, 2025 [March 5th, 2025]
- Rigetti partners with Quanta to boost superconducting quantum computing development - DatacenterDynamics - March 5th, 2025 [March 5th, 2025]
- Quantum Computing Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has... - March 5th, 2025 [March 5th, 2025]
- Quantum computing startup says its already making millions of light-powered chips - StartupNews.fyi - March 5th, 2025 [March 5th, 2025]
- A quantum computing startup says it is already making millions of light-powered chips - Phys.org - March 3rd, 2025 [March 3rd, 2025]
- Superconducting Quantum Computing Beyond 100 Qubits - Physics - March 3rd, 2025 [March 3rd, 2025]
- How IBM CEO Arvind Krishna Is Thinking About AI and Quantum Computing - TIME - March 3rd, 2025 [March 3rd, 2025]
- Webinar | 27 March 2025 | Quantum computing: The future of finance are you ready for Q-Day? - FinTech Futures - March 3rd, 2025 [March 3rd, 2025]
- 3 Quantum Computing Stocks To Buy As Microsoft Announces Major Breakthrough - Barchart - March 3rd, 2025 [March 3rd, 2025]
- WT 360: Inside the governments quantum computing push - Washington Technology - March 3rd, 2025 [March 3rd, 2025]
- INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Quantum Computing Inc. and Certain Officers - QUBT - PR Newswire - March 3rd, 2025 [March 3rd, 2025]
- Amazon unveils Ocelot, its first quantum computing chip - The Guardian - March 3rd, 2025 [March 3rd, 2025]
- Industry Weighs in on AWS Quantum Computing Chip - IoT World Today - March 3rd, 2025 [March 3rd, 2025]
- Startup PsiQuantum says it is making millions of quantum computing chips - Yahoo - March 1st, 2025 [March 1st, 2025]
- IonQs Earnings Hit the Stock. Quantum Computing Rivals D-Wave and Rigetti Are Down Too. - Barron's - March 1st, 2025 [March 1st, 2025]
- Interested in Quantum Computing Investing? Here Are 4 Fantastic Picks to Maximize Your Odds of Picking a Winner - Nasdaq - March 1st, 2025 [March 1st, 2025]
- Want to Invest in Quantum Computing? 2 Stocks That Are Great Buys Right Now - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- 3 Reasons Why Microsoft Is the New King of Quantum Computing With Majorana 1 - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- QUBT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Quantum Computing Inc. Investors with Substantial Losses Have Opportunity to... - March 1st, 2025 [March 1st, 2025]
- Quantum Computing (NASDAQ:QUBT) Trading 0.4% Higher - Here's What Happened - MarketBeat - March 1st, 2025 [March 1st, 2025]
- Why Quantum Computing Stock IonQ Dropped Today - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- Prediction: These 2 Quantum Computing Stocks Will Be the Biggest AI Winners of 2025 - Yahoo Finance - February 20th, 2025 [February 20th, 2025]
- 4 AI Stocks to Watch in the Quantum Computing Revolution - The Motley Fool - February 20th, 2025 [February 20th, 2025]
- Quantum Watch: 3 Quantum Computing Startups Set to Disrupt the Industry - TipRanks - February 20th, 2025 [February 20th, 2025]
- D-Wave, IonQ and Quantum Computing Stocks Pop: What's Driving the Momentum? - Benzinga - February 20th, 2025 [February 20th, 2025]
- Microsoft quantum breakthrough promises to usher in the next era of computing in 'years, not decades' - GeekWire - February 20th, 2025 [February 20th, 2025]
- Microsoft claims practical quantum computing could be ready in 'years rather than decades' with new computer chip - Fortune - February 20th, 2025 [February 20th, 2025]
- Microsoft unveils chip it says could bring quantum computing within years - The Guardian - February 20th, 2025 [February 20th, 2025]
- Microsoft created a new type of matter for its quantum computing chip - Quartz - February 20th, 2025 [February 20th, 2025]
- Kipu Quantum and IBM Introduce New Optimization Function in Qiskit Functions Catalog - Quantum Computing Report - February 20th, 2025 [February 20th, 2025]
- Microsoft reveals its first quantum computing chip, the Majorana 1 - MSN - February 20th, 2025 [February 20th, 2025]
- How Microsoft is rewriting the rules of reality with quantum computing - Interesting Engineering - February 20th, 2025 [February 20th, 2025]
- Microsoft Makes Quantum Computing Breakthrough With New Chip - The New Stack - February 20th, 2025 [February 20th, 2025]
- Should the Government Fund a Manhattan Project for Quantum Computing? - Built In - February 20th, 2025 [February 20th, 2025]
- This Quantum Computing Stock Just Announced a Key New Sales Strategy and Its First Customer - Barchart - February 20th, 2025 [February 20th, 2025]
- HPE launches slew of Xeon-based Proliant servers which claim to be impervious to quantum computing threats - TechRadar - February 20th, 2025 [February 20th, 2025]
- Quantum Computing (NASDAQ:QUBT) Trading Down 4% - Here's What Happened - MarketBeat - February 20th, 2025 [February 20th, 2025]
- 4 AI Stocks to Watch in the Quantum Computing Revolution - MSN - February 20th, 2025 [February 20th, 2025]
- The Next Big Thing in Quantum Computing: 3 Startups to Watch - PUNE.NEWS - February 20th, 2025 [February 20th, 2025]
- Quantum Computing Is Closer Than Ever. Everybodys Too Busy to Pay Attention. - The Wall Street Journal - February 14th, 2025 [February 14th, 2025]
- Practical Quantum Computing Five to Ten Years Away: Google CEO - The Quantum Insider - February 14th, 2025 [February 14th, 2025]
- Oxford scientists say they have achieved teleportation - The Independent - February 14th, 2025 [February 14th, 2025]
- D-Wave Quantum Announces Another Sale. Its a Milestone in Quantum Computing. - Barron's - February 14th, 2025 [February 14th, 2025]
- This Canadian company is out to stop the biggest quantum computing threat - The Logic - February 14th, 2025 [February 14th, 2025]
- QphoX, Rigetti, and Qblox Demonstrate Optical Readout Technique for Superconducting Qubits - Quantum Computing Report - February 14th, 2025 [February 14th, 2025]
- Quantum computing is already here, experts say - DIGITIMES - February 14th, 2025 [February 14th, 2025]
- FS-ISAC Releases Guidance to Help the Payment Card Industry Mitigate Risks of Quantum Computing - The Quantum Insider - February 14th, 2025 [February 14th, 2025]
- Quantum Corporation: Improved Results, But Still Not A Quantum Computing Play - Sell - Seeking Alpha - February 14th, 2025 [February 14th, 2025]
- Why AI firms should follow the example of quantum computing research - New Scientist - February 14th, 2025 [February 14th, 2025]
- Unlocking the Future: IonQ Revolutionizes Quantum Computing at CES 2025! - Jomfruland.net - February 14th, 2025 [February 14th, 2025]
- Billionaire Bill Gates Thinks Quantum Computing Could Be Ready for Prime Time Within 3 to 5 Years. Could Nvidia Be in Trouble If He's Right? - The... - February 14th, 2025 [February 14th, 2025]
- Quantum Computing in 2025: Will the Asia Pacific Continue Its Advancement? - Telecom Review Asia - February 14th, 2025 [February 14th, 2025]
- Is D-Wave the Future of Computing? Discover the Quantum Leap! - Jomfruland.net - February 14th, 2025 [February 14th, 2025]
- Revolutionizing Computing: The Rise of D-Wave! The Future of Quantum Technology - Jomfruland.net - February 14th, 2025 [February 14th, 2025]
- Quantum computing startup OQT announced on the 13th that it has attracted 3 billion won worth of see.. - - February 12th, 2025 [February 12th, 2025]
- 2 Top Quantum Computing Stocks to Buy in 2025 - The Motley Fool - February 12th, 2025 [February 12th, 2025]
- 3 Top-Rated Quantum Computing Stocks To Buy In February 2025 - Barchart - February 12th, 2025 [February 12th, 2025]
- Quantum Computing Breakthrough Brings Us Closer to Universal Simulation - SciTechDaily - February 12th, 2025 [February 12th, 2025]
- Allston quantum computing firm plans to nearly double workforce - The Boston Globe - February 12th, 2025 [February 12th, 2025]
- Quantum Computing: A Beginners Guide to Understanding the Next Revolution - TipRanks - February 12th, 2025 [February 12th, 2025]
- Want to Invest in Quantum Computing? 1 Stock That Is a Great Buy Right Now. - The Motley Fool - February 12th, 2025 [February 12th, 2025]
- 2 Top Quantum Computing Stocks to Buy in February - The Motley Fool - February 12th, 2025 [February 12th, 2025]
- Oxford quantum teleportation breakthrough brings scalable quantum computing closer to reality - Innovation News Network - February 12th, 2025 [February 12th, 2025]
- Preparing for a Quantum Computing Nightmare on the Stock Exchange: What Is Q-Day? - TipRanks - February 12th, 2025 [February 12th, 2025]
- Are Quantum Computing Stocks Worth The Investment? - Seeking Alpha - February 12th, 2025 [February 12th, 2025]
- 7 Best Quantum Computing Stocks to Buy in 2025 | Investing - U.S News & World Report Money - February 12th, 2025 [February 12th, 2025]
- Quantum computing will bring lost Bitcoin 'back in circulation Tether CEO - Cointelegraph - February 12th, 2025 [February 12th, 2025]