Quantum Computing In Finance – Where We Stand And Where We Could Go

Quantum computers (QCs) operate totally differently than classical computers. Due to the quantum effects known as superposition and entanglement, quantum bits (called qubits) can take on non-binary states represented by complex numbers.

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Quantum computers (QCs) operate totally differently than classical computers. Due to the quantum effects known as superposition and entanglement, quantum bits (called qubits) can take on non-binary states represented by complex numbers. This facilitates computational solutions to mathematical problems that cannot be solved by classical computers because they require sequentially computing an astronomical number of combinations or permutations.

As published in Science20.

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