January 20, 2025

New mobile banking service based on QKD

A mobile banking app based on SK Telecom’s 5G quantum cryptography technology will be introduced at a South Korean bank. Personal information will be thoroughly protected when customers transfer money or going through identity verification […]

IBM has achieved a Quantum Volume of 64 with 27 qubits

IBM on Thursday announced it’s reached a new quantum computing milestone, hitting its highest Quantum Volume to date. Using a 27-qubit client-deployed system, IBM achieved a Quantum Volume of 64.   Quantum Volume is a metric […]

General availability of Amazon Bracket Service

Amazon announced the general availability of Amazon Braket, a fully managed Amazon Web Services (AWS) product that provides a development environment for exploring and designing novel quantum algorithms. Customers can tap Braket — which launched in preview last […]

Quantum Cryptographic communication technology for genomic medicine

Toshiba Corporation, Tohoku University Tohoku Medical Megabank Organization (ToMMo) and Tohoku University Hospital have demonstrated that quantum cryptographic communications technology can provide genomic medicine with a safe, completely secure data management environment. This was achieved […]

UC Berkeley to lead $25 Million Quantum Computing center

As part of the US federal government’s effort to speed the development of quantum computers, the National Science Foundation (NSF) has awarded the University of California, Berkeley, $25 million over five years to establish a multi-university […]

Option pricing using Quantum Computers

A team from JPMorgan Chase, IBM Research Zurich and ETH Zurich presents a methodology to price options and portfolios of options on a gate-based quantum computer using amplitude estimation, an algorithm which provides a quadratic […]