News 

Amazon offers quantum computing on its AWS servers

“Again, neither involve Amazon building its own quantum computer, but rather they create an ecosystem for the advancement and exploration of the technology” writes Rachel England for yahoo.com. The service makes these companies’ quantum computers available through the cloud, allowing developers and researchers to play around with qubits and quantum circuits, and to test quantum algorithms in a simulated environment.But Amazon — which up until now has been pretty quiet on the quantum front — has plans to offer a quantum computing service to companies through the internet, thereby eliminating…

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Jim Dolbear: Useful Coins “Have To Be Quantum-Secure, That’s It”

“Elixxir President Jim Dolbear thinks the question of when quantum computing will become real is a bad one” writes Hisashi Oki for cointelegraph.com. A useful coin “has to be quantum-secure, that’s it,” Dolbear concluded.It would certainly be a huge problem if “real” quantum computers can actually reverse engineer secret private keys from known public keys, as some fear.Speaking on behalf of Elixxir founder David Chaum at BlockShow Asia 2019, Dolbear suggested that it is highly likely that whoever perfects quantum computing will use it secretly. Source: cointelegraph.com

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Crypto News 

Blockchain Must Solve These 3 Issues to Avoid Quantum Threat: Expert

“Blockchain community should immediately begin working on three issues to prevent being overtaken by quantum computers, a cryptography expert says” writes Helen Partz for cointelegraph.com. According to the expert, the first direction is a standardization process of the “quantum-resistant” cryptography developments.But those who believe that its simple existence is a death knell for blockchain fail to consider that the latter will grow and evolve alongside quantum computing.As such, Fan outlined three major directions for the blockchain community to be addressed as soon as possible, including standardization of “quantum-resistant” cryptography, cryptographic…

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Microsoft announces Azure Quantum, a cloud quantum computing service

“Microsoft today shared plans to release an open cloud quantum computing service in private preview” writes Khari Johnson for venturebeat.com. Quantum computing is based on quantum physics.IonQ uses an approach to quantum computing that focuses on trapping ions. “IonQ brings a unique approach to quantum computing, with tremendous potential,” Microsoft quantum systems general manager Krysta Svore said in a statement shared with VentureBeat. “This partnership brings world-class quantum computing capabilities to Azure Quantum, and we’re excited to continue working together to realize the full benefits of quantum computers.” Companies like…

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Crypto News 

Crypto News From Japan: Oct. 27–Nov. 2

“The Japanese Liberal Democratic League for Quantum Technology Promotion, which promotes quantum technology research and development, announced that it plans to formulate a quantum technology innovation strategy by the end of this year” writes Joeri Cant for cointelegraph.com. Gox users who lost money in the implosion of the Bitcoin (BTC) exchange, has again extended the submission deadline for claims.Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan. Source: cointelegraph.com

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IBM picked a fight with Google over its claims of ‘quantum supremacy.’ Here’s why experts say the feud could shake up the tech industry’s balance of powers.

“Still, quantum computing is still in its early stages, experts say, and they expect more advancements in the coming years” writes Rosalie Chan for businessinsider.com. As computing technology gets pushed to its limits, new technology like quantum computing has the potential to open entirely new markets and shake up the balance of powers in the tech industry.Clarke, of Intel, agreed that it was a positive for the quantum community overall, though he said that calling it “quantum supremacy” might be debatable.”The Google experiment is a landmark scientific achievement and the…

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Google’s ‘quantum supremacy’ computing feat earns respect — even from Microsoft

“In contrast, quantum computing devices make use of quantum bits, or qubits, that can hold multiple values simultaneously during processing” writes Alan Boyle for geekwire.com. Other companies, including Google, Microsoft and IBM, are trying to go further by creating general-purpose quantum computers.Nevertheless, the computational demonstration provided evidence that quantum computers can do some tasks far more quickly than classical computers. “This is an exciting scientific achievement for the quantum industry, and another step on a long journey towards a scalable, viable quantum future,” Microsoft, one of Google’s competitors in the…

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Google News: Company Hails New Milestone In Quantum Computing

“Quantum computing utilizes special quantum bits that are able to process the binary data values one and zero simultaneously” reports ibtimes.com. Search giant Google has touted a new milestone in its development of a quantum computer.An experimental quantum processor was able to complete a calculation that would take a typical supercomputer thousands of years in a matter of minutes.Advancements in the technique are being actively pursued by numerous large tech companies, including Microsoft, IBM, and Intel, in addition to Google. “The quantum supremacy milestone allegedly achieved by Google is a…

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Company claims it has achieved ‘quantum supremacy’ – but IBM disagrees

“Google has not, it asserts, achieved the highly prized goal of quantum supremacy” writes Ian Sample for theguardian.com. Inevitably, quantum computers will also be used for financial modelling, where a huge number of variables dictate the movements of markets.The paper describes how a team led by John Martinis, leader of the research team working on quantum supremacy, built a superconducting quantum processor named Sycamore that harnesses the weirdness of quantum physics to crunch through thorny problems.For Google, it was a historic announcement: a declaration that it had won the race…

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