Quantum computing is recently getting much more popular than before, as there’s almost no reason why it shouldn’t. It can be more efficient than a regular computer and it can help businesses have an edge over their competition. Many companies are using Quantum computing for their business, and some companies are even developing their own quantum computers, all with the possibility to affect all of uspositively
Quantum in Banking, Cryptocurrency, Cybersecurity, and Finance
Although it may seem like quantum computing is tech based, it can definitely impact banking, cryptocurrency, and finance. Quantum computing has much more security compared to regular models, so user’s data and bank accounts would be much more secure. Quantum computing uses a system called QKD (Quantum Key Distribution), which help users share data much more securely than regular models in cybersecurity.
Companies using Quantum in this field are JPMorgan, Goldman Sachs, and much more
Quantum in Grocery stores
Quantum can even affect Grocery stores by helping grocery store chains to minimize cost and maximize profit, as well as minimize unnecessary food supply. Grocery stores would benefit by being more efficient.
Canadian grocery store chain Save-On-Foods is using quantum computing
Quantum in Medicine and Healthcare
Quantum has huge potential in Medicine and Healthcare. Quantum can help millions, and even billions of people if made accessible. Quantum medicine focuses on the entire state of the body, and it deals with regulating the body and also self-healing, which is unlike regular medicine which just treats diseases. And in terms of the logistics, Quantum healthcare could personalize medicine and optimize prices much more efficiently. Quantum in Medicine and Healthcare could greatly impact patients by keeping them more healthy in the present and in the future, and companies by saving them on costs and getting better patient satisfaction. Quantum has huge potential to help people in this and in many fields
Many companies are investing in Quantum because of the long term benefits of higher efficiency and profit
Companies making their own Quantum computers
A lot of companies use quantum, but some even make quantum computers. Making quantum gets in edge in Quantum and also means that they can do deals with other companies in Quantum.
Big companies
Big companies include Google $Alphabet(GOOGL)$ , IBM $IBM(IBM)$ , and Microsoft. These companies have a bigger edge over their competition since they get billions of dollars each year. However, these companies do many other things as well, so they have to manage their money and time correctly for each of their many products, as opposed to smaller companies who mainly do just quantum computing
Smaller companies
Smaller companies include IonQ $IONQ Inc.(IONQ)$ , 1QBit, and more. These companies just started a couple of years ago and don’t have huge stakes in the market. However, they could become big by making efficient quantum computers. These companies mainly only make quantum computers as well, so they can spend all their resources on it
Many companies are using Quantum computing in their day to day work, and some are making their own computers. It’s essential for companies to make the big step toward quantum and have an edge over their competitors, especially in a competitive landscape today. The future for quantum to affect us all for the better is certain.
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