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#4 Valuations of quantum technology firms rock in 2021, says Inside Quantum Technology

Inside Quantum Technology (IQT), the leading provider of market research reports, and industry analysis for the quantum technology market collected four quantum technology predictions for 2021.

IQT Research believes that 2021 will be even more of a special year for the quantum computing market which will be shaped by the following trends:

#1 Massive growth in quantum cybersecurity markets expected.
#2 Much talk about desktop QCs in 2021.
#3 China: quantum technology gets political.
#4 Valuations of quantum technology firms rock.

#4 Valuations of quantum technology firms rock.

“In 2021 IQT Research expects quantum computers to grow substantially in terms of the number of qubits handled (and in terms of other related measures — quantum volume, for example) bringing quantum computing further down the road to threatening standard public key encryption schemes.

Quantum-safe technology will boom as a result.

All this may describe where we are a year from now. But where will the money come from to finance such expansion. As noted we are going to see funding from the defense community leveraged into the quantum technology market as the result of the Chinese threat.

Less obviously, market valuations of quantum firms are creeping up already, IQT Research understands. One of our sources, for example, puts the market capitalization of Rigetti trending up to $1 billion. As these words are being written, the Washington Post has just reported that 2021 will be a big one for IPOs. If this turns out to be the case, then perhaps in the new year the hot stocks will be quantum stocks?” — Inside Quantum Technology

Trend 4: Valuations of quantum technology firms rock in 2021 — says Inside Quantum Technology

“Quantum-safe technology will boom as a result…market valuations of quantum firms are creeping up already”

Opportunity for QANplatform, the quantum-resistant blockchain

QAN is the IT innovator in the field of practical post-quantum cryptography (PQC)􏰇 applications. We implemented our post-quantum cryptography algorithm in QANplatform, the quantum-resistant blockchain platform.

All cryptocurrency wallets relying on EC cryptography which have at least 1 outgoing transaction will break in 2023 with IBMs 1,121+ qubits quantum computer. This affects 99% of today’s blockchain platforms.

QAN started “The Quantum-Safe Blockchain Movement” by making its blockchain quantum-resistant to make the blockchain industry aware and prepare against quantum-computer attacks to secure our data and finances.

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About QANplatform | QAN blockchain platform:
QANplatform is the Quantum-resistant hybrid blockchain platform. Build your software applications like DApps or DeFi and run business processes on blockchain. Deploy QANplatform to Amazon AWS or Linode Cloud Provider in 5 minutes.

Website: qanplatform.com
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#QANplatform #blockchain #blockchaintechology
#quantumcomputing #cybersecurity #quantumblockchain

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QANplatform

QANplatform

QANplatform is the Quantum-resistant Layer 1 hybrid blockchain platform.