D-Wave Quantum Inc. (NYSE: QBTS) Introduces New Quantum Blockchain Architecture With Enhanced Security and Efficiency Over Classical Computing Approaches
D-Wave’s research shows that quantum-based blockchain operations could use up to 1,000 times less electricity than classical computing methods. In an industry first, D-Wave successfully deployed blockchain operations across four of its cloud-based quantum computers in North America. The company’s proof of quantum work algorithm leverages quantum-generated hashes, providing an added security layer. The novel quantum blockchain architecture follows the company’s recent quantum supremacy demonstration, serving as another example of how D-Wave helps customers realize the value of quantum computing now. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has published a research…