Country-Wide Quantum Initiative Launched in Japan, Thanks to IBM
By on Altcoin Academy
In recent developments, quantum computing reaches new goals and the shadow over the blockchain technology darkens as IBM brings its quantum computing hardware to Japan. The move was undertaken by the Japan-IBM Quantum Partnership, an initiative led by IBM and the University of Tokyo — to further quantum developments in the country.
What is the Deal?
Following Google closely, IBM has taken up the task to broaden the Keio University quantum hub launched in 2017. It now aims at making the hub pan-Japan by bringing in more companies with a specialization in fields like finance, chemistry, pharma, automotive manufacturing, and logistics.
The idea behind this initiative is to make a market for quantum computing and to enable industries in Japan to take advantage of the quantum technology as soon as it matures to fit practical purposes.
However, this presents only one side of the initiative — the other being research in quantum science. For this purpose, a technology center is to be set up at the University of Tokyo. This center would fuel research regarding quantum computing system hardware for future generation quantum computers.
A third aspect of the initiative is to create lucrative careers in the field of quantum technology and attract more youth to join them. For this purpose, universities in Japan would be given access to the IBM Q System One machine, which has been hailed as a ‘unique resource that should help foster a broader future workforce’.
Establishment of a Trend
The handshake between IBM and Japan to accelerate the growth of quantum science is one part of a larger trend that has recently caught speed worldwide. This trend is that of countries understanding the impact the quantum technology is going to have in the future and likewise trying to get a head start with it.
In September 2019, a partnership was announced between IBM and Germany, in which, akin to the Japan model, IBM’s commercial quantum computer, IBM Q System One, was installed locally. For its own part, the German government had undertaken to invest 650 million euros ($717 million) in two years for research in the field of quantum computing.
Other countries like Russia and the United States also are running early in the quantum race.
What Does the Quantum Surge Mean for Blockchain?
If things go on with the momentum that they are going on right now, the quantum surge might mean a blockchain purge.
With organizations and countries actively participating in the growth of quantum sciences, quantum computing might reach practical levels in no time. Competition is positive in two senses — first that it leads to the quicker growth of the center of the competition, and secondly, the center of the competition gets better as every competitor tries to achieve the best. So not only will the quantum technology grow soon but it will grow better.
The QUUBE Exchange, on its part, has already recognized the threat quantum computing poses to blockchain technology and has created an ecosystem that is resistant to quantum computing hacks. With its STO Launchpad and digital assets trading platform it is reassuring the crypto community that advancements in quantum computing shouldn’t necessarily be looked at with fear and awe, as we already have a state-of-the-art defense system in place in the form of a quantum computing hack resistant ecosystem.
To see what we are building at QUUBE, visit us at https://quube.exchange.
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