Quantum computing and communication are steadily approaching. Discoveries regarding the science of quantum exploration are being announced on a weekly basis. Quantum technology will have a profound effect globally and will become a great economic driver within ten to fifteen years. For those not paying attention to cybersecurity and financial sectors, their standard technologies and models within FinTech, encryption and communication could become obsolete.
Think of quantum computing like color television when there were only black and white versions. Quantum computing must be given attention, because upon its implementation it will be able to devastate current encryption and enable hacking of stored data. This poses national security risks for nations too. It also will disrupt blockchain technology and alter the digital currency landscape. As an investment vehicle financial companies seeking to evolve with quantum technology will find themselves at an advantage when trading. Algorithm trading is fast today, imagine the capabilities with a quantum communication network in place and working a hundred times faster.
Governments certainly need policies to examine the regulation of quantum computing and communication because of the impending impact. The technology will smash all current security measures for data and existing infrastructure making them instantly vulnerable to hacking and mayhem by bad actors if measures are not implemented. Political think tanks need to understand quantum computing will be a tactical weapon against nations which are not prepared.
Quantum computing has been theorized for decades, but is becoming reality as materials such as graphene are studied and create rapid progress. Graphene is a hybrid carbon that is stronger, thinner and able to communicate at rapid speeds because of its core atomic structure, graphene atoms are smaller than most elements making its conductivity quicker via its physical characteristics. The speed of quantum computation and communication will render current computer systems worthless in many industries. Quantum computing and communication are smart and efficient. The technology will work at least 100 times quicker than modern computing. Quantum technology will use less electricity because it can efficiently transmit more information in a single qubit via materials like graphene allowing bigger amounts of computational formulas compared to the heavy digital models used with microchips.
Who are the potential big players via companies? Microsoft, Alphabet (Google), IBM, Honeywell are some of the larger known companies involved in exploring quantum computing and communication as its revolution gets underway. Quantum mechanics (physics) is having an impact on communication presently as cables are being constructed and installed to send important financial transactions with substantially more robust security from New Jersey to New York.
What will happen to the current chip makers like Intel? Will new companies emerge from the shadows which manufacture and supply graphene and use the material as a catalyst? Research in quantum computing has become a race that costs vast sums of money. South Korea and China are spending abundantly as they search for success to advance the technology. The US and Europe are paying attention, but there is a fear in some circles they are falling behind. The U.K has actually been a leader in graphene science due to the work at the University of Manchester .
Quantum computing will help evolve predictive analysis, artificial intelligence and cybersecurity, and cause paradigm shifts for scientists calculating equations currently not able to be solved quickly. It will impact the Internet of Things and Smart Cities technology with superior results. It will open doors to theories proving hard to elucidate and new technologies, engineering such as robotics will benefit from improved design capabilities. Companies caught off guard and not prepared for quantum computing will be looked upon as relics similar to the digital revolution when Blockbuster Video, Xerox, Kodak and other enterprises were decimated. Legacy infrastructures which become redundant are a constant danger for corporations. Policy papers with plans on adapting to quantum computing as it progresses are needed urgently for the directors of companies. Quantum computing does face hurdles, the technology is extremely young. However, the progress of graphene and other materials within the use of quantum computing are gaining momentum and pushing the technology forward.