Quantum Computing

Quantum Computing is utilizing quantum mechanics to solve problems faster than on classical computers. Recently IBM unveiled two newest versions of their quantum computers. The older one of these processors, dubbed Condor, has over 1100 qubits, and the most recent one, called Heron, with 5,000 two-qubit gate operations, is the company’s least error-prone device to date with record levels of scale, speed, and accuracy.

Google recently announced its new quantum chip, Willow, which can easily solve the problems under five minutes that could take a supercomputer approx. 10 septillion years to complete. The number of qubits has been scaled up and the number of errors has been reduced exponentially. With multiple technology industry top players joining their efforts in this area, Quantum Computing is estimated to become a trillion dollar industry in the next decade.

Most recent leaps in quantum computing will revolutionize many industries including data encryption, data processing and calculations, cybersecurity, even warfare. As soon as needed speed and accuracy is reached in quantum computing, the most secure AES-256 encryption would be obsolete. Traditional digital cryptography and the most sophisticated modern encryption methods could fall into disuse in several years due to the rise of quantum computing with its split second calculation speed.