Edgar Perez shares an article on quantum computing, what it is and how it works, the challenges faced and future impact on society. What is quantum computing? Quantum computing is a powerful technology that uses quantum mechanical phenomena, such as superposition and entanglement, to perform computations that are beyond the reach of today’s classical computers. Quantum computers use qubits, which can exist in a combination of two states at the same time, unlike classical bits that can only be either…

Peet van Biljon shares a recently published article on quantum computing in finance. There are two competing narratives on quantum computing. The first is that the technology is overhyped, still in its infancy, beset by enormous technical challenges and that full-scale, reliable quantum computers are decades away. The second is that many companies, including some of the world’s most prominent financial institutions such as Barclays, BBVA, JPMorgan, Goldman Sachs and RBS are investing in, and experimenting with, quantum-computing applications and…