Innovations and Applications of Quantum Computing

Moore’s law will cease to be relevant once transistors are the size of electrons. Once this occurs, we will no longer be able to use silicon for technological advancement. However, breakthroughs will continue in the form of a sixth paradigm: a 3D molecular computing model such as quantum comput- ing. Some of the promising areas of quantum computing researched in this study are (i) algorithmic advancements - such as Shor’s, Grover’s, error correction, fault tolerance and other new algorithms; (ii) hardware - such as the quantum system architecture, circuit models, entanglement, superposition and no-cloning qubits; (iii) market segments - such as finance, healthcare, and chemistry; (iv) the supremacy established over classical computing; and (v) areas of applicability. Significant progress has been made in these areas in recent decades, and they have garnered immense interest, attention and the funding required to make good progress.