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Cryptocurrency: The Opportunities, Problems, and Potential – Times Square Chronicles

Cryptocurrency, commonly referred to as digital or virtual currency, is a new kind of money that runs on a peer-to-peer network and is decentralized. Blockchain has become a popular topic in recent years, with its potential for disruption in numerous industries, its ability to give financial inclusion to unbanked communities, and its promise of secure, rapid, and transparent transactions. You can visit the official website of bitcoins union to get a better understanding of cryptocurrencies.

But along with the positives, cryptocurrencies also come with drawbacks and possible threats. We shall examine the advantages, drawbacks, and possibilities of cryptocurrencies in this article.

The opportunity for financial inclusion that cryptocurrency offers is one of its main advantages. In underdeveloped nations and disadvantaged communities, many people lack access to traditional financial institutions. These people may be able to access financial services and take part in the global economy through the use of cryptocurrency.

Additionally, cryptocurrency can offer a means for people to move money across international borders to friends and family without the need for extortionate middlemen. The possibility for decentralization offered by cryptocurrencies is a further opportunity. Conventional financial systems are centralized, which means a small number of people or organizations control the system.

With cryptocurrencies, power is shared among the networks participants, and rather than a single central authority, a decentralized group of people verifies transactions. This means that the system is less vulnerable to fraud and manipulation.

Cryptocurrency also presents opportunities for businesses. By accepting cryptocurrency as payment, businesses can expand their customer base and reach a global audience. Trades can be completed faster and more securely using reliable trading software than with traditional payment methods, and the fees associated with cryptocurrency transactions are often lower than those associated with credit card transactions.

Although cryptocurrencies provide many potentials, they are not without drawbacks. The absence of regulation is one of the main problems. Since it is still largely unregulated, cryptocurrency is a popular place for illegal operations including money laundering, tax avoidance, and financing terrorism. It is difficult to stop these activities from happening without effective control. The unpredictability of cryptocurrencies is another issue. Prices for cryptocurrencies can change drastically, sometimes even very quickly. Due to their inability to foresee the value of the currency when it comes time to cash out, businesses find it challenging to take cryptocurrencies as payment. Those who invest in it run the risk of losing money if the value of the currency declines due to volatility.

Cryptocurrency also presents challenges in terms of security. While cryptocurrency transactions are generally considered to be more secure than traditional payment methods, they are still vulnerable to hacking and fraud. If a hacker gains access to an individuals cryptocurrency wallet, they can steal the currency without the owners knowledge or consent.

Despite these issues, there is still a great deal of room for Bitcoin adoption and expansion. Cross-border payments made using cryptocurrencies are one potential development area. As was already said, using cryptocurrencies can make international money transfers quicker and more affordable.

As more people use cryptocurrencies and as more businesses accept them as payment, they may come to be widely used as a medium of exchange for international trade. Another potential area of growth is in the development of decentralized applications (DApps) built on blockchain technology. DApps are applications that run on a decentralized network, and they have the potential to disrupt various industries, such as finance, healthcare, and real estate.

By removing the need for intermediaries and central authorities, DApps can provide more secure and transparent services.

Last but not least, the possibility of central bank digital currencies (CBDCs) could have a big influence on the development of cryptocurrencies. CBDCs, which are digital currencies issued by central banks, might be a more dependable and controlled substitute.

Cryptocurrency has been a topic of debate and discussion for years, with its proponents seeing it as the future of finance, and its detractors dismissing it as a speculative bubble waiting to burst. While the truth lies somewhere in between, there is no denying that cryptocurrency has made a significant impact on the financial world.

At its principal, cryptocurrency is a digital asset created to operate as a medium of exchange, utilizing cryptography to guarantee transactions and manage the formation of new units.

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Dadvan Yousuf Visionary investor and entrepreneur in the cryptocurrency industry – EIN News

Dadvan Yousuf, a successful Swiss investor and entrepreneur, made waves at the World Economic Forum in Davos with his innovative investment strategies in the world of digital currencies. Learn how Yousuf's forward thinking and deep understanding of the tech industry make him an important voice in the global economic discourse.

Introduction

Dadvan Yousuf, a successful Swiss investor and entrepreneur in the cryptocurrency industry, was a featured guest at the World Economic Forum (WEF) in Davos. The WEF is an annual event that brings together global business, political, and cultural leaders to discuss the most pressing issues of the time and find innovative solutions.

As one of the few entrepreneurs in the cryptocurrency industry invited to the event, Yousuf presented his groundbreaking ideas and investment strategies in the world of digital currencies.

A pioneer in the cryptocurrency industry

Yousuf has had an impressive career in the cryptocurrency industry in recent years and is considered one of the most successful investors in this emerging industry. His smart investment decisions have earned him a stellar reputation in the financial world. His innovative ideas have also helped increase the recognition and acceptance of cryptocurrencies in the traditional financial industry.

Investing in the future

During his speech at the WEF, Yousuf emphasized the importance of investing in the future to achieve long-term success. His investment strategies are based on understanding long-term trends and developments in business and technology. He is a strong proponent of blockchain technology and believes it will play a critical role in transforming the global economy.

Forward-thinking entrepreneur

Yousuf is known for his forward thinking and innovative approach to investing in technology. He has founded several successful cryptocurrency and blockchain companies and is recognized as a leading entrepreneur and investor in the industry. His vision and knowledge of developments in the technology industry have made him a sought-after speaker at international conferences.

Conclusion

Dadvan Yousuf is a visionary investor and entrepreneur who has made his career in the emerging cryptocurrency industry. His innovative thinking and deep understanding of developments in the technology industry make him an important voice in global economic discourse.

His presentation at the World Economic Forum was a testament to his expertise and forward-thinking approach to investing in the technology industry. Yousuf is a living example of how forward thinking and strategic investment decisions can enable long-term success and growth.

Links:

Five Things People Need to Know About the 21st Century Financial Systems, According to Young Millionaire and Trailblazer Dadvan Yousuf

https://www.thesun.co.uk/money/17220485/bitcoin-crypto-young-sold-toys-millionaire-dadvan-yousuf/

https://www.forbes.at/artikel/dadvan-yousuf.html

https://www.nzz.ch/english/kurdish-refugee-buys-bitcoins-as-child-is-now-multimillionaire-ld.1634923

Dadvan Yousuf

Pete V. Holdon

United States

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What is Cloud Mining of Cryptocurrency? A Comprehensive Guide – Analytics Insight

Cloud mining is a technique of cryptocurrency mining like Bitcoin utilizing the cloud computing powerA cryptocurrency mining alternative to traditional mining is a cloud mining operation. For non-technical people and those who do not want to run and maintain their hardware and software, cloud mining is frequently regarded as a more advantageous method of cryptocurrency. We will gain an understanding of the concept and operation of cloud mining in this article.How does Cloud Mining Work?Mining for cryptocurrencies, such as bitcoin cloud mining and crypto cloud mining, does not involve mining, regardless of whether it is carried out locally or in the cloud. Miners receive brand-new cryptocurrency tokens as a result of this procedure.A significant part of maintaining the security of a distributed ledger based on blockchain is the mining activity. For Bitcoin mining, powerful computers are used to solve difficult computational arithmetic problems. These issues are so challenging that even the most powerful computers cant solve them manually.Cryptocurrency Usage:Transact confidentially: Using privacy-focused digital currencies like Monero (XMR), Zcash (ZEC), and PIVX (PIVX), users can make financial transactions anonymously.This means that anyone can send money without having to tell a bank why they are sending a large sum of money, where it is coming from, or to whom they are sending it.Post Content and Earn Money: Publishers on Steemit, the worlds first incentive-based social media and blogging platform, can earn cryptocurrency for upvoting excellent content and posting content to the network.Sending and Getting Installments Cost: It is one of the most well-known uses of cryptocurrencies. As an example, a recent $99 million Litecoin (LTC) transaction took approximately two and a half minutes to complete and incurred only $0.40 in transaction fees for the sender.If this money transfer had gone through a financial intermediary, especially if it was a cross-border transaction, it would have cost much more and taken longer.Investment: Cryptocurrency, particularly Bitcoin, is currently one of the investment options with the highest profit potential. Its very powerful worth appreciation can demonstrate to be an incredible method for expanding capital.However, people ought to be aware of the unpredictability of this investment strategy. Bitcoin, the most well-known cryptocurrency with the largest market share, has experienced the asset price swings that have been the most volatile. As an illustration, the value of a single Bitcoin decreased from $19000 to $7000 in December 2017.Is It Risky to Invest in Cloud Mining?Cloud mining is hazardous since youre relying upon another person to mine cryptocurrency without first ensuring they have the imperative equipment to mine Bitcoin or anything coin you select.Numerous deceptive cloud mining companies claim to mine Bitcoin on your behalf but take your money. The USD miner is only one of many. They in some cases work in complete mystery, making it hard to lay out who controls the platform, and they routinely guarantee astronomically huge returns in a short measure of time.Is Cloud Mining a Wise Speculation?Indeed, it is conceivable. Renting these miners will cost you money, and mining pools will keep a portion of your profits. Although some analysts believe that buying Bitcoin is a better option, it can be profitable.The market value and power of the miners used by the pools will determine your profits. In other words, newer models will likely have better specs and produce higher yields than older models. For instance, assuming you keep your Bitcoin as opposed to selling it for common cash like the US dollar, youll be liable to Bitcoins cost changes.

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Bitcoin News: BTC sees bullish trends as experts believe Shiba Inu … – Analytics Insight

Bitcoin, the worlds largest cryptocurrency by market capitalization, has been seeing bullish trends in recent months. However, experts believe that other cryptocurrencies, such as Shiba Inu (SHIB) and RenQ Finance (RENQ), may be ready for a surge in 2023. In this article, we will explore why experts are bullish on SHIB and RENQ and what factors may contribute to their potential growth.

Bitcoins recent surge to a nine-month high is a positive indication that the medium-term bearish trend in the cryptocurrency market is starting to shift. While the daily charts show a bullish trend, there may still be some short-term consolidation to consider.

During Q1 of 2023, BTC/USD surpassed the 200-day moving average, the 89-day moving average, and the lower edge of the Ichimoku cloud on the daily charts, signaling the start of an uptrend. The downward correction in March was halted at the 200-day moving average, further supporting the emerging uptrend.

As of the time of writing, Bitcoin is trading at approximately $30,400, after peaking at a 10-month high of $30,540 last week.

Shiba Inu (SHIB) is a meme-inspired cryptocurrency that was launched in August 2020. It was created as a decentralized alternative to other cryptocurrencies such as Bitcoin and Ethereum. SHIB has gained popularity due to its low value, which allows investors to buy large quantities of the cryptocurrency at a relatively low price.

RenQ Finance (RENQ), on the other hand, is a DeFi token that aims to solve the liquidity problem faced by decentralized exchanges. It offers a comprehensive solution that is accessible to all types of traders, from novices to seasoned professionals. Its innovative features, strong community support, and potential for growth make it an attractive option for investors looking to get involved in the DeFi space.

Experts believe that both SHIB and RENQ are poised for a surge in 2023. Here are some of the reasons why:

Expert believe that both Shiba Inu (SHIB) and RenQ Finance (RENQ) are ready for a surge in 2023. Their growing popularity, strong community support, and potential for growth make them attractive investment opportunities for those interested in the cryptocurrency market.

However, it is important to note that the cryptocurrency market is highly volatile and unpredictable, and investors should always do their own research and exercise caution before investing in any cryptocurrency.

Click Here to Buy RenQ Finance (RENQ) Tokens.

Website:https://renq.ioWhitepaper:https://renq.io/whitepaper.pdf

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TMS Network (TMSN) Sees Spike in Presale Appeal As Immutable … – Analytics Insight

The blockchain space is consistently evolving and improving, as more projects than ever before are being introduced consistently. With over 23,000 cryptocurrencies to pick from, investors and traders are on the lookout for the next big one that can truly spike in regard to its appeal and value.

Among investor circles, one such discussed project is TMS Network (TMSN), which can change the way in which anyone can trade any derivative. To see how it compares, we will compare it to Immutable (IMX) and Arbitrum (ARB), some of the more well-established projects across Web3.

Immutable (IMX) is essentially a platform for non-fungible tokens (NFTs) on top of Ethereum.

The objective of Immutable (IMX) is to enable instantaneous trading, a high level of scalability, and zero gas fees for minting and trading, with shared security through the Ethereum mainnet.

The native cryptocurrency behind the platform is known as Immutable (IMX).

Immutable (IMX) is used for the payment of the protocol fees, for staking, and for governance.

As of April 13, 2023, the Immutable (IMX) cryptocurrency traded at $1.14. Its all-time high was on November 26, 2021, when it climbed to $9.52.

In the last 24 hours, Immutable (IMX) climbed in value by 7%. In the last 30 days, the Immutable (IMX) cryptocurrency increased in value by 15.8%.

With this growth in mind, it is clear why it caught attention, but it is not the only crypto to do so, as investors are also eyeing Arbitrum (ARB) and TMS Network (TMSN).

Arbitrum (ARB) is a Layer-2 scaling solution on Ethereum and features two specific chains. On top of Arbitrum (ARB), users can utilize Arbitrum One and ARbitrum Nova. The Arbitrum (ARB) platform features a vast ecosystem. The Arbitrum (ARB) crypto sees usage for governance, and in its DAO, users can vote on future changes.

On April 13, 2023, the Arbitrum (ARB) cryptocurrency was trading at a value of $1.29. Arbitrum (ARB)s all-time high was reached on March 23, 2023, at $8.67.

In regards to its historical performance, in the last 24 hours, ARB increased in value by 9.9%. If it manages to keep up with this momentum, it can be headed toward a bullish run.

TMS Network (TMSN) is a decentralized platform that allows anyone to trade any derivative through cryptocurrency payments directly. All users need to do is connect their wallets and execute an order without creating a separate account.

The TMS Network (TMSN) is decentralized, built on Ethereum, and aims to represent a one-stop solution for all trading investors. There is no requirement for FIAT currencies on TMS Network (TMSN), and it offers instant transaction processing.

Its native token, TMS Network (TMSN), has a high level of utility, as holders can vote in the governance process, get access to advanced trading tools and earn commissions from the trading volume generated on the platform.

At its current Stage 2 presale, TMS Network (TMSN) has been selling for $0.075. Analysts in the industry predict that the token will reach $2.2 by Q4, 2023. Investors and traders will want to jump into the project early and get TMS Network (TMSN) at this point in time before it explodes in value.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

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The Pros and Cons of Taking Payments in Cryptocurrency – Times Square Chronicles

Cryptocurrency, commonly referred to as digital or virtual currency, is a new kind of money that runs on a peer-to-peer network and is decentralized. Blockchain has become a popular topic in recent years, with its potential for disruption in numerous industries, its ability to give financial inclusion to unbanked communities, and its promise of secure, rapid, and transparent transactions. You can visit the official website of bitcoins union to get a better understanding of cryptocurrencies.

But along with the positives, cryptocurrencies also come with drawbacks and possible threats. We shall examine the advantages, drawbacks, and possibilities of cryptocurrencies in this article.

The opportunity for financial inclusion that cryptocurrency offers is one of its main advantages. In underdeveloped nations and disadvantaged communities, many people lack access to traditional financial institutions. These people may be able to access financial services and take part in the global economy through the use of cryptocurrency.

Additionally, cryptocurrency can offer a means for people to move money across international borders to friends and family without the need for extortionate middlemen. The possibility for decentralization offered by cryptocurrencies is a further opportunity. Conventional financial systems are centralized, which means a small number of people or organizations control the system.

With cryptocurrencies, power is shared among the networks participants, and rather than a single central authority, a decentralized group of people verifies transactions. This means that the system is less vulnerable to fraud and manipulation.

Cryptocurrency also presents opportunities for businesses. By accepting cryptocurrency as payment, businesses can expand their customer base and reach a global audience. Trades can be completed faster and more securely using reliable trading software than with traditional payment methods, and the fees associated with cryptocurrency transactions are often lower than those associated with credit card transactions.

Although cryptocurrencies provide many potentials, they are not without drawbacks. The absence of regulation is one of the main problems. Since it is still largely unregulated, cryptocurrency is a popular place for illegal operations including money laundering, tax avoidance, and financing terrorism. It is difficult to stop these activities from happening without effective control. The unpredictability of cryptocurrencies is another issue. Prices for cryptocurrencies can change drastically, sometimes even very quickly. Due to their inability to foresee the value of the currency when it comes time to cash out, businesses find it challenging to take cryptocurrencies as payment. Those who invest in it run the risk of losing money if the value of the currency declines due to volatility.

Cryptocurrency also presents challenges in terms of security. While cryptocurrency transactions are generally considered to be more secure than traditional payment methods, they are still vulnerable to hacking and fraud. If a hacker gains access to an individuals cryptocurrency wallet, they can steal the currency without the owners knowledge or consent.

Despite these issues, there is still a great deal of room for Bitcoin adoption and expansion. Cross-border payments made using cryptocurrencies are one potential development area. As was already said, using cryptocurrencies can make international money transfers quicker and more affordable.

As more people use cryptocurrencies and as more businesses accept them as payment, they may come to be widely used as a medium of exchange for international trade. Another potential area of growth is in the development of decentralized applications (DApps) built on blockchain technology. DApps are applications that run on a decentralized network, and they have the potential to disrupt various industries, such as finance, healthcare, and real estate.

By removing the need for intermediaries and central authorities, DApps can provide more secure and transparent services.

Last but not least, the possibility of central bank digital currencies (CBDCs) could have a big influence on the development of cryptocurrencies. CBDCs, which are digital currencies issued by central banks, might be a more dependable and controlled substitute.

Cryptocurrency has been a topic of debate and discussion for years, with its proponents seeing it as the future of finance, and its detractors dismissing it as a speculative bubble waiting to burst. While the truth lies somewhere in between, there is no denying that cryptocurrency has made a significant impact on the financial world.

At its principal, cryptocurrency is a digital asset created to operate as a medium of exchange, utilizing cryptography to guarantee transactions and manage the formation of new units.

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TMS Network (TMSN) Sees Spike in Appeal as ApeCoin (APE) and … – Analytics Insight

Asset diversification can play an essential role when it comes to managing and handling a portfolio. More investors than ever before are beginning to diversify through different types of assets, derivatives, and even cryptocurrencies.

One of the latest Web3 projects, TMS Network (TMSN), is aiming to enable investors access to these opportunities. To see how this new project stacks up, we will be comparing it to other well-established projects, including ApeCoin (APE) and Injective (INJ).

ApeCoin (APE) is an ERC-20 token that was built on top of the Ethereum blockchain.

The ApeCoin (APE) cryptocurrency got airdropped initially to anyone who owned a non-fungible token (NFT) from the Ape Yacht Club (BAYC) or the Mutant Ape Yacht Club (MAYC)

Through holding the ApeCoin (APE) cryptocurrency, anyone will be able to become a part of the ApeDAO an make votes on the system improvement proposals whilst governing the community surrounding it.

When we go over the value of ApeCoin (APE), on April 13, 2023, it was trading at $4.46. ApeCoin (APE) reached its highest point of value on April 28, 2022, at $26.70.

In regards to its recent performance, in the last seven days, ApeCoin (APE) increased by 6%, and in the last 14 days, its overall increase has been at 8.8%.

While ApeCoin (APE) did see some jump in value, it still needs to maintain this momentum in order to hit a bullish outlook. But investors and traders have also been eyeing alternative cryptocurrencies, including Injective (INJ) and TMS Network (TMSN).

Injective (INJ) is a Layer1 blockchain that aims to establish a platform in which anyone can create Decentralized Finance (DeFi) applications.

The Injective (INJ) project is built on the Cosmos SDK. Additionally, it also utilizes the Tederming-based, Proof-of-Stake (PoS) consensus model.

Injective (INJ) also features its decentralized exchange (DEX), which aims to offer high speed, security, and a high level of decentralization.

When e go over the cryptocurrencys recent value, on April 13, 2023, the Injective (INJ) cryptocurrency traded at $6.73. Its all-time high was reached on April 30, 2021, at $24.89. As of Injective (INJ)s recent performance, the cryptocurrency jumped by 23.1% in the last seven days. In the last 30 days, its overall growth was at 64.4%. Its clear that Injective (INJ) is on a bullish run, but it is not the only altcoin to gain a lot of momentum.

TMS Network (TMSN) is a decentralized,d Ethereunm-based platform that can revolutionize the traditional trading industry.

The TMS Network (TMSN) is being developed to solve a lot of issues found in current systems, including the lack of price uniformity and high trading fees, transaction delays, and a lack of trading education.

On top of the TMS Network (TMSN), users will be able to access social trading features. Copy Trader, for example, will enable them to copy what successful traders are doing. On TMS Network (TMSN), users will also be able to integrate MT4 and MT5 to get access to analytics and trading bots.

The native TMSN utility token can be used for governance, accessing advanced trading features, and earning a commission on every trade made through the platform.

TMS Network (TMSN) can become the go-to platform that millions utilize as it offers fair, transparent, and efficient markets and utilizes blockchain technology. Anyone can simply connect their cryptocurrency wallets and begin trading immediately without creating a separate account.

As TMS Network (TMSN) is undergoing Stage 2 of its overall presale, its value is at $0.075. Analysts predict this value can climb to $2.2 by the end of Q4,2023.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

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CERN marks the second World Quantum Day – CERN

CERN joins in the celebrations on 14 April involving scientists from more than 65 countries

Today, on 14 April, we celebrate World Quantum Day an international initiative launched by scientists from more than 65 countries to promote public understanding of quantum science and technology worldwide. The date 4.14 -- marks the rounded first 3 digits of Plancks constant, a crucial value in quantum mechanics that is used to describe the behaviour of particles at the subatomic level.

Officially launched in 2022, World Quantum Day already comprises more than 300 events held in 193 cities in 44 countries on 5 continents in 17 different languages. Scientists, engineers, educators, communicators, entrepreneurs, technologists, historians and artists all over the globe organise their own activities, such as outreach talks, exhibitions, workshops and panel discussions, to engage the general public with quantum science and explain how quantum technologies work and how they can impact our everyday life.

From quantum mechanics, quantum gravity, optics and information science to quantum computing, metrology and engineering, all domains of quantum science are celebrated, alongside their history, mathematical foundations and practical applications.

But what is quantum and why do we mark the date?

Quantum comes from the Latin word quantus, meaning how much/of what size. It is the smallest amount or unit of electromagnetic energy that can be measured. In short, quantum physics is the study of the smallest building blocks that make up our Universe. It seeks to describe the properties and behaviour of matter and energy at the most fundamental level. If you want to understand how atoms hold together, how electrons move through a computer chip or how magnets work, you will need to use quantum physics. A quantum-based theory can also help explore the origin of the matter-antimatter asymmetry or the nature of dark matter and dark energy phenomena that cannot be explained within the Standard Model.

Despite being recognised as the theoretical basis of modern physics, quantum science traces its origins back to the early 20th century when the German physicist Max Planck made a seemingly contradictory assumption that energy exists in individual units, which led to the first notion of quantum theory. Further investigations by Niels Bohr, Albert Einstein, Erwin Schrdinger and Richard Feynman made major contributions to the development of quantum mechanics, bringing a new dimension to the world of science.

As well as expanding our knowledge beyond the classical concepts, quantum physics lies at the core of some of the most profound technological advances. To give just a few examples, transistors, LEDs, lasers, GPS and medical imaging all rely on concepts of quantum physics. Quantum technologies also offer the potential to impact many other areas in the future: they hold great promise for improving how we secure communication and process information, for advancing the sensitivity of detectors and sensors and for changing the way we approach computing.

For the high-energy physics community, applications of quantum technologies could mean new advantages and possibilities for track reconstruction, simulation and event classification and the computing needs of CERNs world-leading research infrastructure the Large Hadron Collider (LHC) and its successors, the HL-LHC (High Luminosity Large Hadron Collider) and possibly the FCC (Future Circular Collider).

Quantum science evolved from a hypothesis, a revolutionary idea, to become one of the foundations of modern physics that has changed the way we think about the world forever, -- says Alberto Di Meglio, coordinator of the CERN Quantum Technology Initiative (QTI). Looking into the future, we can most certainly say that quantum science and technology will be a central cross-disciplinary field with a major impact on key societal and technological challenges. It is therefore important that we explore the potential of this breakthrough field and raise awareness about it today, pushing the boundaries of knowledge and technology. World Quantum Day is a great occasion to do this.

In 2022, CERN QTI already took part in the World Quantum Day celebrations by developing and hosting the event management website and organising a special scientific symposium at CERN. During the event, talks outlined the early days of quantum science at CERN and what those pioneering efforts mean for modern research.

To mark this years celebrations, the first-of-a-kind quantum workshop for high-school students will be held at CERN to introduce the young generation to the fascinating field of quantum science and promote early quantum physics education. Split into two parts, an introductory lecture and a hands-on session, the workshop will give a first insight into the concepts of quantum mechanics and explain how quantum science underpins the physical world around us and facilitates technological innovation. The event will be organised in close collaboration with Finlands QPlayLearn initiative, which uses innovative interactive tools to communicate the main aspects of quantum physics in a clear and accessible way to people of various ages and backgrounds.

To discover more about World Quantum Day, learn how to engage and find events taking place near you, visit: https://worldquantumday.org

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Quantum Breakthrough: New Method Protects Information From Decoherence and Leaks – SciTechDaily

Illustration of open quantum systems and non-Hermitian topology. Credit: Jose Lado, Aalto University.

Scientists have discovered a method for predicting the behavior of many-body quantum systems coupled to their environment. This advancement is essential for safeguarding quantum data in quantum devices, paving the way for practical applications of quantum technology.

In a paper published in Physical Review Letters, a team of researchers from Aalto University in Finland and IAS Tsinghua University in China unveiled a novel approach for predicting the behavior of quantum systems, like particle groups, when connected to external environments. Typically, connecting a system like a quantum computer to its environment leads to decoherence and information leakage, compromising the data within the system. However, the researchers have devised a technique that transforms this issue into a beneficial solution.

The research was carried out by Aalto doctoral researcher Guangze Chen under the supervision of Professor Jose Lado and in collaboration with Fei Song from IAS Tsinghua. Their approach combines techniques from two domains, quantum many-body physics, and non-Hermitian quantum physics.

One of the most intriguing and powerful phenomena in quantum systems is many-body quantum correlations. Understanding these and predicting their behavior is vital because they underpin the exotic properties of key components of quantum computers and quantum sensors. While a lot of progress has been made in predicting quantum correlations when matter is isolated from its environment, doing so when matter is coupled to its environment has so far eluded scientists.

In the new study, the team showed that connecting a quantum device to an external system can be a strength in the right circumstances. When a quantum device is host to so-called non-Hermitian topology, it leads to robustly protected quantum excitations whose resilience stems from the very fact that they are open to the environment. These kinds of open quantum systems can potentially lead to disruptive new strategies for quantum technologies that harness external coupling to protect information from decoherence and leaks.

The study establishes a new theoretical method to calculate the correlations between quantum particles when they are coupled to their environment. The method we developed allows us to solve correlated quantum problems that present dissipation and quantum many-body interactions simultaneously. As a proof of concept, we demonstrated the methodology for systems with 24 interacting qubits featuring topological excitations, says Chen.

Professor Lado explains that their approach will help move quantum research from idealized conditions to real-world applications. Predicting the behavior of correlated quantum matter is one of the critical problems for the theoretical design of quantum materials and devices. However, the difficulty of this problem becomes much greater when considering realistic situations in which quantum systems are coupled to an external environment. Our results represent a step forward in solving this problem, providing a methodology for understanding and predicting both quantum materials and devices in realistic conditions in quantum technologies, he says.

Reference: Topological Spin Excitations in Non-Hermitian Spin Chains with a Generalized Kernel Polynomial Algorithm by Guangze Chen, Fei Song and Jose L. Lado, 7 March 2023, Physical Review Letters.DOI: 10.1103/PhysRevLett.130.100401

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Cornell Researchers Bring Quantum Error Correction Closer to Reality with Non-Abelian Anyons – HPCwire

April 14, 2023 Some classical computers have error correction built into their memories based on bits; quantum computers, to be workable in the future, will need error correction mechanisms, too, based on the vastly more sensitive qubits.

Cornell researchers have recently taken a step toward fault-tolerant quantum computing: they constructed a simple model containing exotic particles called non-Abelian anyons, compact and practical enough to run on modern quantum hardware. Realizing these particles, which can only exist in two dimensions, is a move towards implementing it in the real world.

Thanks to some creative thinking, Yuri Lensky, a former Bethe/Wilkins/Kavli Institute at Cornell (KIC) postdoctoral fellow in physics in the College of Arts and Sciences (A&S), collaborating withEun-Ah Kim, professor of physics (A&S), came up with a simple recipe that could be used for robustly computing with non-Abelian anyons, including specific instructions for executing the effect experimentally on devices available today.

Their paper, Graph Gauge Theory of Mobile Non-Abelian Anyons in a Qubit Stabilizer Code, written in collaboration with theorists at Google Quantum AI, published March 24 in Annals of Physics. Google Quantum AI researchers, together with Lensky and Kim, have proved the theory with a successful experiment as reported in a preprint publication, Observation of Non-Abelian Exchange Statistics on a Superconducting Processor, on the research-sharing platform arXiv.

This two-dimensional state is interesting both from a quantum condensed matter physics perspective it has some novel properties that are very special to 2D physics and from a quantum information perspective, Lensky said. Its something truly quantum, but its also potentially useful for quantum computation. It protects bits of quantum information by storing them non-locally, and our protocol allows us to compute with these bits.

Kim explained the principle that animates non-Abelian anyons by holding out two identical one-pound barbells. When she crosses her arms, the identical barbells change positions, but as objects defined by classical physics, their state remains the same. They are interchangeable.

If those barbells represent two identical quantum particles, remarkably in certain 2D systems their trails through space-time can produce a measurable record of the change (picture the crossed arms.) This process of exchange is called a braid, after the shapes of the particle trails.

Quantum mechanically, when you move one particle around the other, Kim said, holding one weight still and moving the other in a circle around it, the wave function, which is a solution to the Schrdinger equation describing quantum mechanical motion, can be multiplied by a phase factor or it can become something thats very different.

When the wave function gains a global sign that can only be observed through interferometry, a measurement of the interference of waves, thats called an Abelian anyon. When the wave function becomes measurably different, its a non-Abelian anyon, she said.

Non-Abelian anyons could be harnessed to create qubits defined not on a single particle, but on a pair of identical quantum particles: nonlocally encoded.

If I put the qubit shared between these particles in a zero state and move them apart, then whatever happens locally to one of these anyons, the zero state will remain. The qubit set to zero is safe from corruption, Kim said. Non-Abelian anyons could be used in a platform for protected qubits.

But while physicists have theorized about these exotic particles for years Alexei Kitaev proposed operating on protected bits of quantum memory by braiding non-Abelian anyons back around 2001, Lensky said they have never been observed in a physical system before now.

When Google Quantum AI developed the quantum processor platform capabilities to realize the surface code and braiding of Abelian anyons in a physical system, Lensky said, This was [our] inspiration to look for a way to realize the physics of non-Abelian anyons as soon as possible.

We knew they had the working ingredients, but they didnt have a recipe, Kim said. We figured out how to move these non-Abelian anyons, then we told the experimentalists what to do. It was possible because Yuri and I were thinking in a flexible, creative and open-minded way.

Past theoretical research identified non-Abelian properties, but came up short on how to move them, a necessary step. A key insight from Lensky and Kim was to give up the regularity of a grid and arrange qubits in an almost hand-drawn manner but backed up by robust mathematics.

After this simple geometric insight, using gauge theory, we were able to come up with the protocol of taking this picture and implementing it on a chip in a robust and efficient way, Kim said. With this 10-qubit system, we were able to encode multiple non-Abelian anyons, and therefore multiple logical information-carrying qubits, and a precise recipe for what the experimentalists need to do every step of the way.

Although the focus of the theory and experiment is simply to realize non-Abelian anyons in the real world, this can also be viewed as a first small step towards implementing computation by braiding, Lensky said.

This research was supported by an A&S New Frontier Grant; an Ewha Frontier 10-10 Research Grant; the Simons Fellowship in Theoretical Physics; and the National Science Foundation.

Source: Kate Blackwood, Cornell

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