On August 25, Baidu, Inc., a leading artificial intelligence (AI) company, announced the launch of its first superconducting quantum computer, which fully combines hardware, software and applications.
In addition, Baidu has created the world’s first all-platform quantum hardware software integration solution that allows users to access a variety of quantum chips via a mobile app, personal computer or the cloud, as confirmed in a press release.
This new product, presented at Quantum Create 2022, a conference for quantum developers that took place in Beijing, is paving the way for the long-awaited industrialization of quantum computing.
Quantum computing is expected to bring groundbreaking transformations in areas such as AI, computational biology, materials simulation and financial technology. Using a high-fidelity 10 quantum bits (qubits) of power, ‘Qian Shi’ makes available a quantum computing service that is both reliable and significant to the general public.
Quantum computing continues
The field of quantum computing is making great strides. As a result, a growing number of component contributions that quantum computing can make to their existing real-world operations.
As a result, the ‘Liang Xi’ solution has been developed, the world’s first all-platform quantum hardware software integration solution.
dr. Runyao Duan, director of the Institute for Quantum Computing at Baidu Research, stated:
“With Qian Shi and Liang Xi, users can create quantum algorithms and harness quantum computing power without developing their own quantum hardware, operating systems, or programming languages.”
“Baidu’s innovations make it possible to access quantum computing anytime, anywhere, even via smartphone. Baidu’s platform is also directly compatible with a wide range of quantum chips, meaning ‘plug-and-play’ access is now a reality.”
Quantum computing impacting the crypto space
Notably, in June, Australian computer scientists made a breakthrough in quantum computing by designing the world’s first integrated circuit computer made at the atomic scale.
With the increasing development of quantum computing, many have speculated how it will affect cryptocurrencies, especially the flagship digital asset, Bitcoin.
The potential of quantum is also expected to find use cases in cryptocurrency, and experts have noted that the technologies could potentially be ready within the next decade.
The researchers warned that quantum computers could break the cryptographic coding used to secure cell phones, bank accounts, email addresses and Bitcoin wallets, as reported by Finbold.
Due to the existence of this option, several industry professionals have identified the technology as a potential danger to Bitcoin. For example, the peer-to-peer exchange platform LocalBitcoins suggested that quantum computers could potentially break the cryptographic methods that protect Bitcoin.
The group warned of the possibility that the computers could target previously used Bitcoin addresses and gain access to the private key.