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Oxford quantum computing spinout announces $100M funding round led by Japan’s SBI

Oxford University physics spinout Oxford Quantum Circuits (OQC) recently announced the launch of Toshiko, a 32-qubit quantum computing services platform, alongside a $100-million Series B funding round led by Japan’s SBI Group’s investment arm.The company claims that Toshiko is the “world’s first enterprise ready quantum computing platform.” Great question! We

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IBM brings ‘utility-scale’ quantum computing to Japan as China and Europe struggle to compete

IBM announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the company, this marks the arrival of the first “utility-scale” quantum system in the region.[Article] The University of Tokyo Completes Installation of 127-Qubit IBM Quantum Eagle Processorhttps://t.co/TrFAnEQ3wq— UTokyo |

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Scientists warn the ‘quantum revolution’ may stagnate economic growth

Quantum computing technologies are slowly beginning to trickle out of the laboratory setting and into commercial industries. While it remains to be seen when mainstream adoption will occur, a number of companies are currently engaged in experiments and trials with paying clients to develop quantum computing solutions. According to a pair

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Ethereum TPS boost? Starknet ‘Quantum Leap’ goes live

The much-anticipated Quantum Leap upgrade by layer-2 scaling protocol Starknet was recently deployed on the Ethereum mainnet, allowing for as much as 90 transactions per second (TPS), boosting the network’s speed.MOARRR TPS DADDY STARKNET MAINNET QUANTUM LEAP 0.12.0 LIVE ON MAINNET pic.twitter.com/RaI1XKcgy7— Starknet (@Starknet) July 12, 2023 In

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Ethereum Layer-2 Blockchain Starknet ‘Quantum Leap’ Upgrade Goes Live, for Speedier Transactions

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Starknet’s Quantum Leap hits testnet with TPS reaching ‘triple figures’

Starknet’s Quantum Leap upgrade has been deployed on testnet, with the Ethereum layer-2 scaling protocol claiming it's capable of processing "hundreds of transactions per second."If achieved, it would be at least a 50X improvement from its current throughput, thanks to the Version 12 upgrade harmonizing how the sequencer's code interacts

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Researchers demonstrate ‘unconditionally secure’ quantum digital payments

The dream of a completely secure, unhackable, absolutely private digital payment system could soon be realized thanks to new research out of the University of Vienna. In a paper published on July 4 titled “Demonstration of quantum-digital payments,” a team of researchers at the Vienna Center for Quantum Science and

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Quantum miners would yield ‘massive’ energy savings for blockchain: Study

A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study comparing energy consumption rates for current ASIC-based miners to proposed quantum-based solutions.According to the team’s preprint research paper, the systems utilizing quantum computing demonstrably outperformed standard mining rigs in energy

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