Quantum Computing

How Quantum Computing is Set to Change the Future

Quantum computing is the new rising star in many industries because it offers the potential for solving problems that are impossible to tackle with current computing technologies. Superposition and entanglement that are postulates of quantum mechanics empower quantum computers to work with big data in parallel and to solve some problems that are unsolvable in classical computers. The most exciting area is drug discovery. Quantum computing can mimic molecular interactions at the atomic level and in so doing speed up the drug discovery process and at the same reduce on the costs that are usually incurred.

In finance, quantum computing may help with risk management and, at the same time, increase the efficiency of investment. This is because when financial institutions are able to process more than one scenario, they are able to make better decisions and in the process increase their returns and decrease their risks. In the field of logistics, quantum algorithms can be applied in determining the best delivery route for services that incorporate real-time factors in their operations such as traffic and weather conditions thereby improving efficiency and reducing the costs.

Also, cybersecurity would also be an area that would be enhanced by quantum computing. However, quantum computers can also break the present encryption but, on the other hand, they also provide new ways for quantum encryption for the security of data in the future.
This technology is being adopted by more and more companies, and the economic impact is expected to be tremendous, with the quantum computing being expected to contribute nearly $700 billion by 2035. Quantum computing will revolutionize industries and solve some of the world’s problems as research continues to be done and practical applications are developed.

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