In a significant advancement for quantum computing, Microsoft and Atom Computing recently announced a groundbreaking development that could redefine the landscape of blockchain technology, particularly proof-of-work mining. This collaboration not only promises to enhance computational efficiency but also opens new doors for the integration of quantum technologies in various industries. The partnership aligns perfectly with […]
SDT and SemiQon Partner to Advance Quantum Computing
The rapidly advancing field of quantum computing has taken another significant leap forward with the recent partnership between South Korea’s SDT and Finland’s SemiQon. This collaborative effort, initiated through a Memorandum of Understanding (MOU), aims to accelerate the development of scalable and cost-effective quantum computers, heading toward an ambitious vision of general-purpose quantum computers capable […]
Quantum Computers: A Looming Threat to Banking and Crypto Encryption
Recent advancements in quantum computing have triggered alarms among cybersecurity experts, especially regarding the potential vulnerability of banking and cryptocurrency systems. A team led by researchers from Shanghai University has reported significant breakthroughs in exploiting encryption algorithms that underpin these financial transactions. This article explores the implications of these findings, the technology behind them, and […]
Israeli Quantum Tech Startup Secures $50 Million in Funding
Israel’s quantum technology landscape has gained significant momentum with Quantum Source, a startup founded in 2021, securing $50 million in funding to further its innovative approach to quantum computing. This substantial investment, led by California-based Eclipse, with participation from Standard Investments, Level VC, and Canon Equity, is expected to propel the company toward its goal […]
US Introduces New Export Controls on Advanced Technology
The United States has taken a significant step in regulating its technological exports by announcing new controls targeting advanced technologies, particularly quantum computing and GAAFET chip technology. This move aligns with similar restrictions being implemented by international partners and marks a crucial shift towards tighter oversight regarding the dissemination of cutting-edge technological infrastructure. One of […]