QUANTUM COMPUTING

What Is Quantum Computing?

Quantum computing is a branch that focuses on developing computer technology based on quantum theory’s concepts (which explains the behavior of energy and material on the atomic and subatomic levels). 

Computers nowadays can only encode data in bits with 1 or 0, severely limiting their capabilities.

Quantum computing, on the other hand, makes use of quantum bits, also known as qubits. It takes advantage of subatomic particles’ one-of-a-kind ability to exist in several states (i.e., a one and a 0 simultaneously).

Real-World Example of a Quantum Computer 

Google (GOOG) is spending billions of dollars on a quantum computer ready in 2029. To aid in achieving its goal, Google AI has created a campus in California. For years, Google has been investing in this technology. Other corporations, such as Honeywell International (HON) and International Business Machines (IBM), have followed suit (IBM). In the coming years, IBM aims to achieve important quantum computing milestones.

While several businesses have created personal (albeit pricey) quantum computers, nothing is commercially available. Quantum computing and related technology are also generating interest, with JPMorgan Chase and Visa investigating the concept. Google could launch a cloud-based quantum computing service after it has been established.

Quantum technology can also be accessed without developing a quantum computer. By 2023, IBM hopes to have a 1,000-qubit quantum computer operational. For the time being, IBM only enables access to machines that are part of its Quantum Network. Research organizations, universities, and laboratories are among the network members. 6

Microsoft’s Azure Quantum platform also gives businesses access to quantum technology. On the other hand, Google does not sell access to its quantum computers.

The Bottom Line

In terms of how it works and what it’s used for, quantum computing differs from traditional computing. Classical computers utilize transistors, which can only be 1 or 0, but quantum computers employ qubits, which can be 1 or 0 at the same time. As a result, quantum computing has significantly increased in power and can now be utilized for large-scale data processing and simulations. However, no commercial quantum computer has yet been constructed.