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Quantum computing applications

Physics Asked by Vikas Pandey on October 18, 2020

What are some of the known/ongoing quantum computing applications that we will see as the earliest applications in a business setup?

One Answer

You question is very wide, however, I can give you some examples:

  • optimization tasks (mainly binary programming ones such as travelling salesman problem)
  • Monte Carlo simulation in finance (credit risk analysis, pricing finacial instruments)
  • portfolio optimization
  • any problems dealing with solving systems of linear equations

However, bear in mind that these applications are currently only toy-models because of constraints imposed by imperfection of quantum hardware (shor decoherence times, sussceptibility to noise, lack of 1000+ qubits processors etc.)

Answered by Martin Vesely on October 18, 2020

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