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QUANTUM
COMPUTING
QUANTUM
COMPUTING
• Quantum computing is the area of study focused on
developing computer technology based on the
principles of quantum theory, which explains the
nature and behaviour of energy and matter on the
quantum (atomic and subatomic) level.
• A quantum computer uses qubits to supply
information and communicate through the system.
• It is encoded with quantum information in both states
of 0 and 1 instead of classical bits which can only be 0
or 1.
• This means a qubit can be in multiple places at once
due to superposition.
APPLICATION OF
QUANTUM
COMPUTING
FINANCIAL
SECTOR

• Portfolio Analysis: Identification of the


most striking portfolios given thousands of
assets with interconnecting dependencies.
• Optimization: Improved efficiency in
clearing large batches of transactions that
have varying credit, collateral and liquidity
constraints.
• Fraud Detection: Quick and accurate
identification of fraud indicators to enable
proactive fraud risk management.
• Quantum proofing of Cyber Security:
Development of next generation cryptography to
safeguard confidential customer data.
• High Frequency Trading: Extremely quick
execution of complex quantitative buy-sell
strategies will improve financial firms’ abilities to
generate greater returns while controlling risk.
• Asset Valuation: Performance of risk analysis by
uncovering intelligence from large information sets
and processing data at lightning speeds.
• Clustering: Grouping of seemingly different sets of
assets to enable the discovery of patterns in areas
such as asset performance, consumer sentiment
and risk aversion.
HEALTHCARE
• Quantum computing promises to
provide greater calculation capacity
than traditional computers. This could
help to solve highly complex problems
in the health sector.
• Supercomputers are capable of
computing astronomical quantities of
data. So, the next revolution is likely to
come from quantum computers, which
hold out the promise of enormous
benefits for the medical sector.
Healthcare
• Optimising treatments through
computing:-
With its phenomenal registering power,
a quantum PC is possibly ready to take
care of profoundly complex issues
advancement issues. In the field of
medicinal services, quantum PCs will
make it simpler to investigate hereditary
data and recognize an individual's
hereditary legacy. Specialists will at that
point have the option to utilize this data
to settle on treatment choices.
• Increasingly comprehensive investigation will prompt
progressively compelling radiotherapy:
• While doing the radiation treatment doctors they need to choose the
most ideal radiation portion, its degree of power and the particular time
when the bars should be focused on, while simultaneously limiting the
symptoms on the patient.
• The current systems The product can't anyway ensure an ideal outcome
there are an excessive number of factors to consider. Besides, neither
the product nor customary PCs have the ability to test every single
imaginable arrangement.
• That is correctly where quantum figuring comes in. As it is outfitted to
adapting to an immense number of parameters, a quantum PC ought to
have the option to work out the most ideal treatment for a given
patent, accomplishing an increasingly exact outcome as well as, in
principle, a lot quicker too.
Difficulties and Disadvantages of Quantum
Computing

• Quantum PCs are amazingly touchy to connection with the surroundings since
any collaboration (or estimation) prompts a breakdown of the state work. Bigger
the quantity of qubits harder it is keeping up the cognizance.

• The main challenges in quantum processing are:


-the equipment cost,
-the calculations.
-understanding and usage.
Conclusion
• The field of quantum computing is growing
rapidly as many of today's leading
computing groups. The ability of the
quantum computers to handle astronomical
data at lightning speeds has made it one of
the technologies essential in every scenario
of the business in the future. Obviously, this
mind-boggling level of computing power
has enormous commercial, industrial, and
scientific applications, but there are some
significant technological and conceptual
issue to resolve first.
• Thus, though the technology is hard to
implement, it seems very promising. Hence,
quantum era is the next future.

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