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Quantinuum, the world’s largest integrated quantum company, and JPMorgan Chase have accomplished a 100x enhancement over the current industry benchmark using Quantinuum’s H2-1 quantum computer. 🔵Quantinuum unveiled the first quantum computer with 56 trapped-ion qubits. 🔵The new H2-1 quantum computer boasts enhanced market-leading fidelity, making it impossible for classical computers to fully simulate. 🔵A team from Quantinuum and JPMorgan Chase ran a Random Circuit Sampling (RCS) algorithm, achieving a 100-fold improvement over Google's 2019 results. 🔵This set a new world record for the cross-entropy benchmark. 🔵The H2-1's scale and hardware fidelity surpass current supercomputers and other quantum architectures. 🔵Quantinuum focuses on the quality of qubits over their quantity, advancing possibilities in quantum computing. 🔵The H2-1 quantum computer reduces power consumption by 30,000 times compared to classical supercomputers. 🔵This advancement enhances quantum algorithms for various industrial applications, with a particular focus on financial use cases. It accelerates research capabilities for clients like JPMorgan Chase. 🔵“Our focus on quality of qubits versus quantity of qubits is changing what’s possible, and bringing us closer to the long-awaited commercialization of quantum’s applications across industries like finance, logistics, transportation and chemistry.” said Rajeeb Hazra, CEO of Quantinuum. 🔵Earlier this year, in collaboration with Microsoft, Quantinuum ’s H2-1 was declared the first – and so far the only – quantum computer capable of achieving Level 2 Resilient quantum computing. 🔵As this new breakthrough also shows, the development of quantum computing is rapidly accelerating, with significant advancements being made on a regular basis. 🔵To be prepared for potential attacks, using a post-quantum cryptographic algorithm is of the highest importance for all organizations, companies and networks, including blockchain. 🔵The #QANplatform hybrid blockchain uses the CRYSTALS-Dilithium, the NIST-recommended primary post-quantum algorithm, and has launched the world’s first private blockchain that is quantum-resistant, EVM compatible, and enables coding smart contracts in any programming language. 🔵QAN's quantum-resistant technology is already being used by an EU country in the public sector. QAN’s technology protects government-owned cybersecurity infrastructure against quantum computing attacks. 🔵Join the Web3 revolution, test the recently released QAN TestNet: medium.com/qanplatform/qanpl…

Another country is about to join the exclusive club of quantum computer 'owners'. Australia is investing heavily in a quantum computer project with PsiQuantum, a Silicon Valley startup. 🔵This project aims to be the first commercially useful quantum computer globally. 🔵The system in Australia will be “the first machine that crosses over the threshold into [being a] really useful computer — the first quantum system in the world that will be commercially useful”, claimed Pete Shadbolt, PsiQuantum’s chief scientific officer. 🔵This is a significant step towards practical quantum computing, potentially leading to breakthroughs in medicine and materials science. 🔵However, it also raises security concerns. 🔵Governments, militaries and organizations around the world will need to develop strategies to adapt to the changing security landscape brought by quantum computing. 🔵To be prepared for potential attacks, using a post-quantum cryptographic algorithm is of the highest importance for all networks, including blockchain. 🔵The QANplatform hybrid blockchain uses the CRYSTALS-Dilithium, the NIST-recommended primary post-quantum algorithm, and has launched the world’s first private blockchain that is quantum-resistant, EVM compatible, and enables coding smart contracts in any programming language. 🔵#QANplatform's quantum-resistant technology is already being used by an EU country in the public sector. QANplatform’s technology protects government-owned cybersecurity infrastructure against quantum computing attacks. 🔵Join the Web3 revolution, test the recently released QAN TestNet: medium.com/qanplatform/qanpl…