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Quantum computing could eventually transform medicine, break formerly reliable encryption, and revolutionize communications and artificial intelligence. While the Fourth Industrial Revolution has been built on technologies at a molecular level by integrating the physical, biological, and digital worlds, the advent of quantum computing means the fifth wave of technology may largely take place at an atomic scale. However, despite recent advances, only a handful of quantum algorithms exist - and it remains an open question whether quantum computers will truly outshine their classical peers. Quantum Computing will proliferate computing power. Advances in quantum computing are enabling complex computational problems to be solved much more efficiently than with today’s computers. They can be used in areas such as pharmaceutical development and the engineering of novel materials. Quantum computers can also be used to quickly break many of the encryption methods currently used on the internet. Quantum Computing is the process of leveraging quantum mechanics as a means of processing information. This technology utilizes atoms, ions, photons, or electrons instead of binary code, allowing information to be processed in a very different way to traditional computers. The capabilities of Quantum Computing include solving problems involving complex variables with a multitude of potential outcomes. Uses of Quantum Computing range from redefining risk assessment in the finance industry to optimizing supply chain management for large corporations. Cost is a prohibitive factor for this technology, with one quantum bit (or qubit) of information costing at least $10,000.

Quantum Computing

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Quantum Computing