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Impact of quantum computing on sectors in society based on its application to real-world use case problems

Trendafilov, I. (2022) Impact of quantum computing on sectors in society based on its application to real-world use case problems.

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Abstract:Quantum computing (QC) was first introduced in the 1980s by Paul Benioff. Since then, QC has been gaining popularity in the scientific and business community. Private and public investments of companies have been estimated at over 33 billion dollars for the development of QC. Why are people investing so much in QC and quantum computers? We already have normal computers that can perform almost all the tasks in our daily lives. Researchers believe that QC can overcome the current computational limitations of computing both in speed and efficiency. This means that quantum computers might be able to find solutions faster, to problems that are considered of NP complexity and have been identified to have real-world use case applications. However, this does not mean that quantum computers will replace normal computers. In this paper, we will first introduce the basics of QC to the reader. Then we will examine some of the applications of QC to computational problems. We will then discuss the impact of QC on real-world use case problems, as well as mention the current limitations and drawbacks of QC and quantum computers.
Item Type:Essay (Bachelor)
Faculty:EEMCS: Electrical Engineering, Mathematics and Computer Science
Programme:Computer Science BSc (56964)
Link to this item:https://purl.utwente.nl/essays/91683
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