The Future of Quantum Computing: What to Expect in the Next Decade?

Quantum computing

Introduction

Computers have come a long way since it was invented by Charles Babbage. Quantum computing is believed to be the next major evolution in the history of computers. With the help of quantum mechanics, Quantum computers can solve complex problems in minutes that took years to be solved by classical computers. Let’s discuss how can we harness quantum computing for a greater future.

What is Quantum Computing?

Quantum computing is one of the next cutting-edge developments in the computer industry. Utilizing the potential of quantum materials and waves to solve more complex problems is called quantum computing. Quantum mechanics gives us the potential to derive solutions to problems that classical hardware computers are unable to process.

What is Qubit?

Qubit is the smallest processing unit in quantum computing like binary in classic computing. The advantage of qubit among the classical binary is that it can store more values than 0 and 1.

What is Quantum Simulator?

A Quantum simulator is a special device that primarily uses quantum effects to process and derive results. Classical computers support quantum processing up to a certain amount to simulate quantum computers. However, the entirety of quantum potential cannot be achieved even by using the most advanced supercomputers of today.

The deployment of quantum computers into atomic and chemical research helped to model molecular dynamics in a more accurate manner. Many tech organizations offer quantum simulators as a cloud service as a start.

Google’s introduction of its latest quantum chip, “Willow” raises the possibility of the creation of a fully functional and powerful quantum computer.

Principles of Quantum Computing

To apply Quantum computing in action, we must understand the following 4 principles.

  1. Entanglement

As the name suggests, two qubits combine and entangle each other. This entanglement of qubits forms a single structure and empowers the qubits involved to their maximum potential. Adding more qubits into their structure creates more capacity and solves more complex problems with ease.

  1. Superposition

Superposition is a concept where the qubits store the values that are between two states. Classic binary bits can be 0 or 1. The superposition principle allows the qubit to store any value from 0 to 1 and anything. For example: If we perform a calculation of the time taken for water to become ice, the output will be the time when the entire water becomes ice.

Quantum computing will give the entire timeline, and state of the water at each temperature with more accuracy. With superposition, a large number of data generation is evident. Abundant data enables more possibilities for the human race.

  1. Decoherence

This is a process in which the qubits form a complex structure to understand the problem. Once qubits absorb the problem, it starts to disintegrate into measurable units. These measurable units are computable with classical computers. Decoherence helps us to build a hybrid computing combining the power of quantum computing and the availability of classical computers.

  1. Interference

The interference quantum principle is mostly applicable in forecasting future outcomes based on the historical data we have. A combination of entangled qubits produces a wave-like structure after processing each data. The direction in which the greatest number of waves is produced denotes the most probable outcome. The less waves denote the minimum possibility.

List of industries Quantum computing can Impact:

Quantum computing helps almost all sectors to reach the next level of improvement. Among them, we have listed the set of industries that could greatly benefit from the potential of Quantum computing.

  1. Finance

The functioning of the world depends on the up-and-down wave of financial markets. So far there is no method or mechanism to understand how the market performs in the future.

Data mining and data forecasting have paved the way for forecasting data based on KPI identifiers. Still, the result is not up to the mark. By deploying quantum computers in this process, we can derive almost accurate results of market behavior with less deviation.

  1. Pharmaceuticals

For scientists to formulate a new medicine drug for a disease with a maximum success rate will take at least five years. It involves a combination of different chemical compounds. Each combination of chemical compounds should be well-tested. The initial tests will take place on animals and further on humans.

An incorrect combination of chemical compounds and dosage largely affects the health of the person on whom the test was taken place. Quantum computer has the ability to simulate the reactions of the chemical compounds on animals and human beings in some hours. With the potential to formulate medicine for any disease, humans will be capable enough to tackle a pandemic situation like COVID-19 with ease and a smaller loss of life.

  1. Cyber Security

The rate at which cyber-attacks are increasing day by day is exponential. The cyber protection algorithms that we are using today are the highest computationally complex problems. Classical computers that we use cannot breach these algorithms. Although, this is not the case for a quantum computer.

Quantum computers can break a complex cryptography method in minutes. The security of digital media become very vulnerable with the formulation of quantum computers. Various government organizations and cyber security forums encourage developers to come up with a “Post-Quantum Security Algorithm” for a risk-free digital platform for everyone.

 

  1. Artificial Intelligence

Artificial intelligence has been transforming almost every industry. The development of AI tools in recent years is mind-blowing. AI systems process a large number of data and derive the best possible output of their own. As this processing of data consumes more computational power and time, owning an AI tool is quite expensive today.

Even after investing heavily in AI tools, the output is not very accurate. Quantum computer entirely changes this landscape. With the great computational power of quantum, the efficiency of neural networks and reinforcement learning models is greatly increased. This increased efficiency helps AI models produce accurate results.

  1. Astronomy & Space Research

The greatest exploration man ever achieved is the voyage to outer Earth. With the help of modern science, we have discovered the existence of millions of galaxies around us. We are not scientifically advanced enough to gather every minute detail about the entire universe.

Many believe there are multiple universes that exist like ours. Quantum computers have the ability to process such enormous data and enable us to understand galaxies, stars, and the entire universe.

  1. Traffic Optimization

The use of personal vehicles after the COVID-19 pandemic has increased tremendously. As a result, all the roads are flooded with vehicles. The time taken to reach from point A to point B becomes high. Re-routing the traffic to the congestion-free path is one of the solutions to avoid traffic.

To re-route vehicles, we require live traffic updates of all the available roads. Based on the live data, we can suggest the passengers take the best route. Quantum-powered Artificial Intelligence (AI) can analyze these traffic data and provide instantaneous suggestions to the passengers.

Conclusion

The coming ten years are crucial in developing fully functional quantum computers. With great computational capacity, Quantum computers would take human society to the next development phase. Bookmark us to learn more about technology and trends.

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