What Is A Quantum Financial System (QFS) Blockchain?
More broadly, with respect to both public unpermissioned and private permissioned networks, the core shibboleth and legacy feature of DLT—the avoidance of centralized administration—continues to be a source of unnecessary complexity arising from the need for " Byzantine " consensus protocols. All this is still really "laying the groundwork" for more complex computations that might eventually solve industry-relevant problems. Quantum computers can perform calculations that could not practicably be done with classical computers. And…if you reach the right scale where classical starts to struggle, well, then quantum really does help. For his part, Fasnacht earnestly believes in the transformative potential of quantum computing for the financial sector. You may also be interested in While in the standard model of banking, the money is real and is in the form of cash or assets, quantum finance takes a bit different approach. A Fintech expert and have aimed to produce affordable, market-leading technology to update payment methods, bringing intelligent solutions to all types of businesses. It applies quantum cryptographic protocol to generate and validate currencies.