Thread by @Year2Quantum

The Players of #QuantumComputing #stonks #stocks In light of #NIST Post Quantum Crypto announcement

🧵dedicated to #fintwit #gold #silver #oil and other #investing 🐻 #StockMarket 🐂retail crackheads including a #cryptocurrency bonus for those who stick till the end 👇

2/16

A pure quantum play $IONQ

Founded in 2015, it is a commercial offshoot of 25 years of academic QC science. The company focuses on scalable quantum information processing and quantum communication hardware

IonQ's hardware is based on a trapped ion architecture

3/16

Another pure play $RGTI

Rigetti Computing was in 2013. The company went public in 2022 via a SPAC merger, and plans to scale its quantum computer systems to 4,000 qubits by 2026

They make superconducting qubit-based quantum processors on silicon and CIA I-Q-Tel baked it

4/16

$XPOA

D-Wave pending SPAC merger

It is a Canadian QC company. It was the world's first company to sell computers that exploit quantum effects in their operation (aka Quantum annealing). Customers include Lockheed Martin, USC, Google/NASA, and Los Alamos National Lab.

5/16

$MSFT

Same as Rigetti, the giant Microsoft Quantum arm based its technology in superconducting electronic circuits

Its QC devices are designed in the radio-frequency spectrum, cooled to 15mK. Microsoft has already integrated QC as SaaS in Azure Quantum as cloud service

6/16

$HON

Honeywell has been developing QC for over a decade & announced their QC roadmap first commercial offering in 2019.

Recently has joint w/ Cambridge QC and as IonQ it uses trapped ions as qubits, which have repeatedly set the record for AC volume, a benchmark by IBM

7/16

$IBM

Another QC superconductor player IBM's QCP are made up of superconducting transmon qubits, located in dilution refrigerators

Circuits are created using a software called Qiskit and can be compiled for execution on real QC systems thu the could. Impressive QC roadmap

8/16

$GOOGL

One more superconducting Alphabet

The Sycamore chip from Google, composed of 54 qubits made of superconducting loops, stepped up to the podium in 2019 achieving the so-called QC Supremacy over classical supercomputers

It also offers cloud soft QC programming

9/16

$AMZN

Amazon provides QC as SaaS, which depends on the providers above.

The AWS service is called Braket and it is fully managed, letting users experiment with computers from quantum hardware such such as D-Wave, IonQ, and Rigetti, etc

10/16

$QUBT

Quantum Computing Inc

This play started as software and now is expanding to hardware on to another popular QC technology, photonics.

China has demo advantage so far in the global photonics path, which due to laser precision is hard to scale up

11/16

$BABA

Alibaba launched a QC SaaS called Aliyun back in 2018. Unknown provider

As mentioned adobe China is a global lead in the QC race, in 2017 they funded w/ $10 billion a National Laboratory for QC Information Sciences in Hefei on 37 hectares (4 million square feet)

12/16

$NVDA

An interesting entry in QC. Nvidia is planning top deploy a tool called cuQuantum. It is an SDK of optimized libraries and tools for accelerating quantum computing workflows using what they know most GPUs

13/16

$QTUM

Defiance Quantum and ETF?

Yes, you heard me correctly. Even though his portfolio is not fully composed of QC players, it offers investors access to many QC computing stocks if you are looking for a QC play fee managed exposure

14/16

If you have reached here should you ask who cares about QC?

It promises solutions in👇
👉Cryptography
👉Search problems
👉Machine learning
👉Computational biology
👉Computer-aided drug design
👉Generative chemistry

Hence why millions are at stake within the industry

15/16

Wait! what about #crypto is that what you said?
I hold #Bitcoin is that gonna affect it?

Yes, if QC is developed to the point that is able to run factorization algorithms such as Shor, it will

Not only #Bitcoin will be at stake but many other networks as #WEF put

16/16

Any solution?

Yes #NIST concluded a multiyear Post Quantum Cryptography competition to select candidates which will keep safe everyone in the digital information era

Caveat on #BTC ECDSA (vulnerable part) unlike in centralized networks, the PQC migration requires you!

Fin ...

Ok you got me here, what can I do?

Well ...... don't trust verify?😉
Meanwhile, monitor for a hardfork BIP that calls for a PQC consensus and be ready to move your funds

Or simply, as any Risk Analyst would do, get an insurance such as $QRL 👇
theqrl.org/the-future-of-…

Bonus

No way! You made that up!

No Risk Analyst in his right mind would consider a shitcoin as an hedge position in #Crypto you dummy!

Well, you better check the works cited here,
Reference #55 is your fren 👇
hudson.org/research/17770…

🙏 for sticking till here ❤️