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Quantum Entanglement in Time for a Distributed Ledger

  • arXiv (Cornell University)
  • Cornell University
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Abstract

Distributed Ledger Technology (DLT) is a shared, synchronized and replicated data spread spatially and temporally with no centralized administration and/or storage. Each node has a complete and identical set of records. All participants contribute to building and maintaining the distributed ledger. Current DLT technologies fall into two broad categories. Those that use block-chains such as in Bitcoin or Ethereum, and newer approaches which reduce computational loads for verification. All current approaches though difficult to crack can be vulnerable to quantum algorithms using Quantum Information Technologies (QIT). This effort joins the 2 technologies, constructing a Quantum Distributed Ledger (QDL) which provides a higher level of security using QIT and a decentralized data depository using DLT. This enhanced security prevents middleman attacks with quantum computers yet retains the advantages of a decentralized ledger of data.

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Publication details

DOI
10.48550/arxiv.1909.11265
OpenAlex
W2975503312
Document type
preprint
Language
EN
Source
arXiv (Cornell University)
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