BIMA Blog

BIMA Blog
Webigence Ltd

What is Quantum Computing – is it anything to worry about?

Posted by July 12, 2016
No Comments

In this article we will look at the basics of Quantum Computing; what it is, how does it help and what are the risks?

Quantum computing owes its roots to the mind-boggling quantum mechanics – the branch of physics that studies what goes on inside atoms. With the enormous potential that quantum physics brings, there are big risks and huge rewards. So what are they and how will they affect us?

Certain calculations and particular algorithms can potentially be done exponentially faster using a quantum computer rather than a silicon-based computer but Quantum computers are not necessarily a replacement for classical computers.

Is it safe? / What are the risks vs rewards?

This is a good question in that whilst quantum computing seemingly could bring huge benefits to data analysis across a range of entities – finance being a big one.

According to the BBC article ‘Quantum computing: Game changer or security threat?’, “Goldman Sachs, RBS, Guggenheim Partners and Commonwealth Bank of Australia have all invested in quantum computing” with the aim of being ahead of their competitors but there are huge risks to security – especially within the financial sector!

Superposition, Quantum Computing, risks and rewards

 

To read the full blog please visit our blog ‘Quantum Computing – big benefits & huge risks

 

 

Save

Save

Post a Comment

Recent Comments

  • Free Range Web: Looks like a great night was had by all. Congratulations to you and your team
  • Lucy Hastings: I have been following your teams progress and I must say I am impressed. Lots of luck to you.
  • Lauren Goodenough: Fab night guys! thanks to you all at BIMA and al of the sponsors too! Next year if Despark are...
  • Philip Tommy: This is a very useful article for people working in the web design and web development field.I would...
  • Ad Republic: Is this get together taking place again in 2016 Nadine?