D-Wave Predicts Quantum Blockchain Within Two Years - Wall Street Pit

D-Wave Predicts Quantum Blockchain Within Two Years - Wall Street Pit

Alan Baratz emphasized D-Wave’s (QBTS) unique quantum approach, already delivering practical applications like computing magnetic material properties for faster materials discovery and reducing blockchain energy costs with a prototype running on four quantum computers. He projected a commercial quantum blockchain in one to two years, contrasting with Nvidia’s longer timeline,…

Revolutionizing Blockchain: Quantum Computers Unleash a New Era of Mining

D-Wave has developed the first blockchain system using quantum computers, introducing “proof of quantum work” (PoQ) to reduce energy consumption dramatically. PoQ leverages quantum mechanics to solve complex puzzles with significantly less energy than traditional proof of work systems. Quantum blockchain operations achieved 75% efficiency using four quantum computers, showcasing a scalable, eco-friendly infrastructure. Quantum computers create h…