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Report: 51 (17. Dec. 2018 - 30. Dec. 2018)
Article Update of the Report 51, 2018!
Quantum computing may render Blockchain obsolete
Last year there was a unhackable videoconference between Austria and China. Even the video encryption was conventional, not quantum, but with quantum keys applied it was impossible to decrypt it. This made it the world’s very first quantum-encrypted intercontinental video link.
Quantum communications is one of the technological “megaprojects” on which China’s government wants breakthroughs by 2030. The technology became already interesting for military projects. It is compared with the computing revolution dominated by the US years ago.
The basic units are Qubits, which unlike Bits can occupy a quantum state of 1 and 0 simultaneously. Linking them known as entanglement, quantum computers can generate exponential increases in processing power.
The man behind is Jian-Wei Pan (also known as China’s father of quantum), professor at the University of Science and Technology of China (USTC). Chinas president Xi Jinping has even talked publicly about quantum science producing a new industrial revolution.