2024

Buttar Ahmed Mateen; Arshad Nouman; Akbar Muhammad Azeem

Quantum computing could revolutionize energy optimization. Quantum computers can improve energy prediction, waste reduction, and efficiency. Blockchain technology can make supply chains more transparent and sustainable. Tracking and validating the supply chain from raw materials to completed products ensures ethical and sustainable sourcing. Quantum cryptography secures data transmission using quantum mechanics. Its impenetrable security makes it excellent for data sharing in sustainability programs. Nonclassical computation is a component of quantum computing, and it has been demonstrated to be more effective than classical computation in solving some key issues like factoring big integers. This work frequently read stories asserting that blockchain will be threatened by quantum computing, which would alter its cryptographic foundation, and communication protocols, and impair the record’s immutability. It is only a matter of time before threats to blockchain and cryptocurrency materialize because nation-state actors are purposefully building quantum computers that can be obtainable via the cloud and can break the present cryptography. In juxtaposition with today’s conventional computers, quantum computers operate differently. Quantum computers conduct some types of computations that are more powerful than what our existing computers can do today by using subatomic phenomena like entanglement and superposition. Additionally, quantum simulation and quantum qubit algorithms are potential to enhance computations in drug discovery. In comparison with classical bits, qubits, the bits used in quantum computers, have two advantages: they can hold many states throughout computing, and two qubits can be entangled. Solutions that can safeguard data while producing an immutable record demonstrating data has not been altered are becoming more and more necessary. Due to its decentralized nature, consensus system of checks and balances, and cryptographic foundation used to secure the data in a protected and validated state, blockchain is viewed as having a high level of security. Individuals and huge funds, it has developed into their financial asset class as a result of these factors. Using the most recent advances in cryogenic engineering, quantum science, industrial design, and systems engineering, we are now developing cutting-edge superconducting quantum processors integrated into classical computing operations. Blockchain technology, which underpins cryptocurrencies like Bitcoin, allows for the speedier clearing of funds as well as trading without the need for a traditional bank or credit institution. Quantum algorithm can improve data integrity, processing speed, and protection.