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Global Cloud Encryption Gateways Market Research with COVID-19 After Effects – Cole of Duty

June 18, 2020 | Author: admin

Researchstore.biz has published an exclusive report named Global Cloud Encryption Gateways Market 2020 by Company, Regions, Type and Application, Forecast to 2025 which consists of overall market scenario with prevalent and future growth prospects. The report delivers the analytical elaboration and other industry-linked information in an aim to supply specific and reliable analysis on the global Cloud Encryption Gateways market. The report focuses on market dynamics, growth-driving factors, restraints, and limitations this market is currently facing and is expected to face in the coming years (2020-2025). The report is further divided by company, by country, and by application/types for the competitive landscape analysis. It estimates production chain, manufacturing capacity, sales volume, and revenue.

The report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive landscape, sales analysis, the impact of domestic and global market players. It contains advanced information associated with the global Cloud Encryption Gateways market status, trends analysis, segment, and forecasts from 2020-2025. It explains market scenarios, comparative pricing between major players, cost, and profit of the specified market regions.

NOTE: This report takes into account the current and future impacts of COVID-19 on this industry and offers you an in-dept analysis of Cloud Encryption Gateways market.

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Key Players Analysis:

The report analyzes the top manufacturers, exporters, and retailers (if applicable) around the world concerning their company profile, product portfolio, capacity, price, cost, and revenue. For competitor segment, the report covers the following global Cloud Encryption Gateways market key players and some other small players: Oracle, Perspecsys, Salesforce, IBM, Ciphercloud, Microsoft, Skyhigh Networks, Google, Vormetric, Netscape

In market segmentation by types, the report covers: Public Cloud, Private Cloud, Hybrid Cloud,

In market segmentation by applications, the report covers the following uses: IT and Telecom, BFSI, Healthcare, Government, Education, Retail, Media and Entertainment, Other,

Regionally, this report focuses on several key regions: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Moreover, the report exhaustively investigates business opportunities, market scope, threats, and barriers. The report aims to help companies in strategizing their decisions in a better way and finally attains their business goals. The research answers important business questions like how the global Cloud Encryption Gateways market will perform in the existing market scenario. It also presents the potential industry supply, market demand, market value, market competition, key market players, and the industry estimate from 2020-2025.

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Global and Asia Pacific Quantum Computing Market Research Report 2020 CoronaVirus Efect on Industry and Companies, Anyon Systems, Cambridge Quantum…

June 17, 2020 | Author: admin

Global Coronavirus pandemic has impacted all industries across the globe, Quantum Computing market being no exception. As Global economy heads towards major recession post 2009 crisis, Cognitive Market Research has published a recent study which meticulously studies impact of this crisis on Global Quantum Computing market and suggests possible measures to curtail them. This press release is a snapshot of research study and further information can be gathered by accessing complete report. To Contact Research Advisor Mail us @ [emailprotected] or call us on +1-312-376-8303.

Cognitive Market Research has added a new research report to their collection titled: Quantum Computing Market. In the research report various factors of the market & industry on the whole have been studies/researched and compiled together. Various in-depth factors explained in the report are: size of the industry, drivers, challenges faced by the market/restraints, opportunities, forecast analysis, regional analysis and various other factors that show the entire market functioning.

Manufacturers are facing continued downward pressure on demand, production and revenues as the COVID-19 pandemic strengthens.manufacturers should be prepared for major global supply chain disruptions. Thus, some of the key players are mainly focusing on research & development to provide inovative products to clint. The report provides an in-depth analysis regarding key players of the market along with their company profiles that contains all the information of its happening and recent developments. Various factors influencing the market development and growth as well as latest development strategies implemented by key players that can influence the growth of the market is explained. Anyon Systems, Cambridge Quantum Computing, Intel, Microsoft, 1QB Information Technologies, QxBranch, D Wave Systems, Google, IBM, ID Quantique, IonQ, QbitLogic, Qubitekk, Rigetti Computing, QC Ware, Quantum Circuits are some of the key players operating in this market.

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The global Quantum Computing Market can be segmented into various type and application. All the type and application segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2027. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Quantum Computing market.

Global Quantum Computing Market Segmentation: By Types Topological Qubits Technology, Superconducting Loops Technology, Trapped Ion Technology

Global Quantum Computing Market segmentation: By Applications Transportation, Aerospace and Defense, IT and Telecom, Government

Take Note that: The Covid-19 situation and its impacts are studied by our analysts in such a way that the recovery state post covid-19 of the market is explained which shows lucrative rate for the manufacturers and producers. And also, other information related to Covid-19 like: consumer behaviour, impact on industry & market, latest strategies that can benefit the market players is explained in the report.

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The Quantum Computing research report contains executive summary, market introduction & analysis, industry analysis, key-players & their in-depth information, raw-materials and various other parameters. All the data is provided in theory as well as with help of graphical representations like: graphs, tables, charts etc as this can make it easy for a decision maker to understand the information briefly & in easier manner. The global level opportunities and position of the market along with the challenges are explained in-depth in the report. The report showcases data form the base year 2020 till the forecast year 2027 along with the revenue and compound annual growth rate. The report also provides historical data for the year 2015 to 2019.

Advantages of purchasing the Quantum Computing Market report:XXX research report provides all the necessary information from introduction to conclusion by covering every aspect, scenario and latest development of the market. Hence it provides entrepreneurs, decision makers to strengthen their firms, start-up companies and other influencers of a company to improvise and implement the factors mention in the report. Some of the crucial factors that are of interest to the companies have been specifically identified & studied. For instance, market segmentation, revenue, Covid-19 impact, forecast analysis, major players, regional analysis, product types & applications, new innovation strategies & product introduction and various other factors have been regarding growth of the market have been mentioned. Hence this report can serve as an informative blueprint for a business.

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The report also provides regional data analysis for North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Furthermore, it highlights the specific region that holds higher revenue as compare to the other regions and explains reason responsible for this upper hand of particular region.The Quantum Computing research report also covers various drivers of the market, opportunities & restraints. It also provides information related to the overall market by evaluating various elements to provide the SWOT & PESTEL analysis. Overall information covering all the factors, aspects, scenarios& situations of the market on a global standard have been mentioned in the research report.

About Us: Cognitive Market Research is one of the finest and most efficient Market Research and Consulting firm. The company strives to provide research studies which include syndicate research, customized research, round the clock assistance service, monthly subscription services, and consulting services to our clients. We focus on making sure that based on our reports, our clients are enabled to make most vital business decisions in easiest and yet effective way. Hence, we are committed to delivering them outcomes from market intelligence studies which are based on relevant and fact-based research across the global market.Contact Us: +1-312-376-8303Email: [emailprotected]Web: https://www.cognitivemarketresearch.com/

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Global and Asia Pacific Quantum Computing Market Research Report 2020 CoronaVirus Efect on Industry and Companies, Anyon Systems, Cambridge Quantum...

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Quantum Computing Market: Segmentation, Industry trends and Development to 2019-2029 – The Canton Independent Sentinel

June 17, 2020 | Author: admin

Assessment of the Quantum Computing Market

The recent study on the Quantum Computing Market is a comprehensive analysis of the various parameters that are likely to influence the growth of the Quantum Computing Market. The historical and current market trends are taken into consideration while predicting the future prospects of the Quantum Computing Market. Further, the study introspects the major trends that are likely to impact the growth of the Quantum Computing Market during the forecast period 2019-2029.

The investors, stakeholders, emerging and established players can leverage the data included in the report to develop impactful growth strategies and improve their position in the current Quantum Computing Market landscape. The report provides a thorough assessment of the micro and macro-economic factors that are expected to impact the growth of the Quantum Computing Market.

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Competitive Assessment

The competitive assessment section provides insights related to the developments made by leading players in the Quantum Computing Market in terms of product development, mergers, collaborations, and more. The product portfolio of each company is evaluated along with its pricing structure and marketing strategies.

Regional Assessment

The regional assessment chapter of the report offers an in-depth understanding of the growth prospects of the Quantum Computing Market across different geographies such as:

End-use Industry

The adoption pattern of the Quantum Computing across various end-use industries is highlighted in the report and represented using informative graphs, figures, and tables. The different end-use industries studied in the report include:

ThisPress Release will help you to understand the Volume, growth with Impacting Trends. Click HERE To get SAMPLE PDF (Including Full TOC, Table & Figures) at https://www.xploremr.com/connectus/sample/4517

Valuable Market Insights Included in the Report

The report addresses the following queries related to the Quantum Computing Market

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XploreMR, a leading market research firm, headquartered in San Jose, USA, XploreMR has, in a short span of time, served the market research needs of some of the biggest Fortune 500 companies. XploreMR also has highly personalized market research offerings for SMEs, and we pride ourselves on being uniquely positioned to have worked with colossal multinational firms and small, boutique firms. Our experience of working with such a diverse set from all over the world has given us invaluable perspectives on objectives, outlooks, goals, and eventually, the collective, symbiotic growth that stakeholders across the value chain aspire for. We keep these perspectives and aspirations in mind every time we work on a project, and this motivates us to exceed client expectations on a consistent basis.

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Quantum Computing Market: Segmentation, Industry trends and Development to 2019-2029 - The Canton Independent Sentinel

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Top Crypto Strategist Predicts Bitcoin (BTC) Will Surpass $20,000 in Just Two Months With Ethereum Leading Next Altcoin Rally – The Daily Hodl

June 17, 2020 | Author: admin

Crypto analyst Nicholas Merten says Bitcoin may be only a couple of months away from surpassing its all-time high of $20,000.

On a new episode of DataDash, Merten looks at the boom and bust cycles of the king cryptocurrency and says BTC is well-positioned to begin a parabolic rally.

Theres a really interesting similarity that Im seeing here when I take a look at the monthly chart of Bitcoin and the sense that has given me confidence that were just a couple of months away from getting back above $20,000.

The first thing I want to focus on is the longer-term chart, the expanding cycles. We talked about this: about how each new cycle usually expands by around 11 to 13 months. In this case, we added 12 months for the previous one just to keep it neutral and were expecting sometime in November 2022 to be the peak around $100,000.

The crypto strategist says that his $100,000 BTC prediction is conservative, especially in comparison to other analysts who forecast Bitcoin surging as high $500,000.

Once BTC begins printing new highs, Merten believes a rising tide will lift all boats and spark a new altcoin season. The analyst says that the Bitcoin dominance chart is already flashing signals that are similar to the 2015 2017 altcoin bull market.

I think this historical similarity is a good sign that we could be in an early stage of an altcoin cycle coming up here very soon. And not to mention, during this time period, even though the broader altcoin space hasnt really kicked off yet, we have got from 72% to 66% for market dominance for Bitcoin. Thats gains for the altcoin space in general

If you are in the right place here even in these early moves, you can benefit quite greatly if you start to make the right calls.

Merten believes that the new altcoin spring will be spearheaded by Ethereum. He says the second-largest cryptocurrency is primed to erupt in a few months.

What we want to look for is an eventual breakout above this wedge and a continuation of higher lows and higher highs. It looks like were formulating for that sometime around in the fall to the winter of 2020, lining up pretty close to our general estimations from what we can tell about altcoin dominance as well as Bitcoin.

Featured Image: Shutterstock/MicroOne

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Top Crypto Strategist Predicts Bitcoin (BTC) Will Surpass $20,000 in Just Two Months With Ethereum Leading Next Altcoin Rally - The Daily Hodl

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State to match crowdfunding money raised to help restaurant recovery from pandemic – FOX 2 Detroit

June 17, 2020 | Author: admin

DETROIT (FOX 2) - The best of times turned tough for Nya Marshall who opened Ivy Kitchen and Cocktails off Jefferson, right before COVID-19 hit.

"We actually opened December 30 of 2019," said Marshall. "Our sales dropped 91.5 percent and I had to furlough all 26 employees so its been rough."

The state run program matches up to $50,000 depending on the applicants plans with the money.

The doors are still closed and Marshall is using the unforeseen spare time to help others.

"What my focus became, was feeding the frontline and feeding the homeless," she said.

Now, she needs the help, launching a crowd funding campaign Tuesday. This one, with a bonus from the Michigan Economic Development Corporation.

"For every dollar I raise, the MEDC is matching," Marshall said.

She's one of only a handful of Detroit businesses selected in the statewide program - her match is up to $5,000 hoping customers that like her place, will chip in.

"This is one of the only resources I have for financial help, so it feels good that somebody is saying this lady needs some help," she said.

The state run program matches up to $50,000 depending on the applicants plans with the money.

Marshall is looking to make sure the swanky neighborhood spot is safe inside, and outside, an added dining space.

She's hoping to be back serving craft cocktails and interesting eats this summer.

"Many won't make it, many aren't making it, and so we want to be known as resilient," she said.

She will be able to rehire about half of her original staff, but says she'll be hiring. If you want to contribute, to get her back up and running,head HERE.

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State to match crowdfunding money raised to help restaurant recovery from pandemic - FOX 2 Detroit

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Impact of COVID-19 Outbreak on Global Crowd Funding Market 2020 Industry Size, Advancement Strategy, Top Players, SWOT Analysis and 2025 Forecasts -…

June 17, 2020 | Author: admin

The Crowd Funding Industry report will give you every microscopic detail about the Crowd Funding market. It consists of the current trends and the futuristic scope of the market. The detail about the Crowd Funding market includes the impact of the COVID-19 on the market economics. The lockdown in several regions has severely impacted the business around the world.

Get Sample Copy of This Report @https://www.orianresearch.com/request-sample/1528140

Impact of COVID-19 Outbreak on this Market:

The rise of COVID-19 has brought the world to a halt. We comprehend that this health crisis has brought an unprecedented impact on organizations across industries. However, this too shall pass. Rising helps from governments and several companies can help in the battle against this highly contagious disease. There are few industries that are struggling and some are thriving. Almost every organization is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business to continue and develop COVID-19 pandemics. In light of our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Key players in global Crowd Funding market include:,Crowd Cube Capital,Seedrs,Kickstarter,Indiegogo,GoFundMe,Fundable,CircleUp Network,MicroVentures Marketplac

Market segmentation, by product types:,Non-Equity Sources,Equity Source

Market segmentation, by applications:,Small And Medium-Sized Enterprises (SMEs),Large Enterprise

Target Audience:* Crowd Funding Manufactures* Traders, Importers, and Exporters* Raw Material Suppliers and Distributors* Research and Consulting Firms* Government and Research Organizations* Associations and Industry Bodies

Order Copy of this Report @https://www.orianresearch.com/checkout/1528140

Research Methodology:

The research methodology that has been used to forecast and estimate the global Crowd Funding market consists of primary and secondary research methods. The primary research include detailed interview with authoritative personal such as directors, CEO, executives, and VPs.Sales, values, capacity, Revenue, regional market examination, section insightful information, and market forecast are including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. There are Different weightageswhich have been allotted to these parameters and evaluated their market impacts using the weighted average analysis to derive the market growth rate.

The Market estimates and Industry forecast have beenconfirmed through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:* Manufacturers* Suppliers* Distributors* Government Body & Associations* Research Institutes

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Impact of COVID-19 Outbreak on Global Crowd Funding Market 2020 Industry Size, Advancement Strategy, Top Players, SWOT Analysis and 2025 Forecasts -...

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Funding defamation and privacy proceedings – are there still options? – Lexology

June 17, 2020 | Author: admin

We are now a year on from the abolishment of the recovery of success fees in Defamation and Privacy proceedings, which brought these distinct areas of law into line with the judgment of the European Court of Human Rights in MGN v UK.

Lord Jacksons reforms had effectively extinguished the recoverability of success fees across a wide range of civil litigation when implemented in the Legal Aid, Sentencing and Punishment of Offenders Act 2012, which came into force in April 2013. However, defamation and privacy proceedings remained amongst the few areas of law exempt and by extension protected - from this change.

The recovery of success fees in these areas had historically helped claimants of limited means to bring claims to protect their privacy and reputation. With success fees no longer being recoverable for any Conditional Fee Agreement (CFA) entered into after 6 April 2019, the abolishment continues to raise important questions about how such claims are to be funded.

However, all does not appear lost. Kingsley Napley will still consider the viability of a CFA for claims with a high likelihood of success. Reassuringly, After The Event (ATE) insurance, which protects claimants from paying their opponents legal costs in the event of a lost claim remains recoverable if the claim does go on to be successful.

This shake-up has encouraged claimants and defendants - to look at alternative methods to fund or defend a claim. Whilst wealthier claimants are likely to fund their claim on a private basis, the funding landscape in this area now sees claims being funded on a private basis but with funds raised online through the emergence of crowd funding through websites including Crowd Justice, which selects cases of public interest and publicises them on its website and invites the public to fund them.

Additionally, for many claimants, the focus may switch to endeavouring to recruit third party litigation funders who will agree to fund the litigation on the basis of a share of the damages award. However, the extent to which litigation funders will see the privacy and defamation litigation market as being worth their investment remains to be seen.

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Funding defamation and privacy proceedings - are there still options? - Lexology

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Wallingford RFC raise money to replace kit after it was stolen by thieves – Oxford Mail

June 17, 2020 | Author: admin

Wallingford Rugby club is fundraising to help replace gym equipment and secure a shed after thieves stole everything from the club in May.

The club was devastated to discover all the gym equipment had been stolen from the club shed in lockdown.

Now the club is working to raise money towards replacing and upgrading the gym equipment and making the shed more secure for the future.

Wallingford Rugby Club is a local community club that coaches 350 children and has 500 members overall aged from five to retired. The club has fundraised for Oxfordshire charities and now needs help from the community.

Doug Haggart, vice chairman of the mini and junior section at the rugby club said: On May 17 somebody broke in and cleared us out of everything except our squat rack which is quite heavy.

The thieves were obviously determined, and physically fit, as its believed they manhandled all the weights and kit via wheelbarrows for at least half a mile to make a getaway.

After the burglary, the club was supported by its wider rugby family on social media and the club also had a mention on the BBC Rugby Podcast by England international rugby player Danny Care. However, the equipment was never recovered.

Although the club is insured for the equipment, it fears its claim will not be successful and will have to rely on fundraising.

Read also: Witney man raises further 1,000 for NHS through birdhouses

The rugby club have launched a crowd funding page with the aim of raising 4,000 and the team are already more than halfway there with 2,200.

The club has set up incentives to donate and those who donate a significant amount of money will be rewarded with club gifts including ties and lunches.

Mr Haggart said: Depending on how much people donate we are willing to give them some different gifts.

A 50 donation is a club tie and it goes up to getting a club tie and going to one of our Vice Presidents lunches.

150 would be a free years honorary membership and a tie and two of the vice President lunches as a gift.

He added: We know times are difficult for many due to Covid-19, however we would appreciate any support people can give, even if its sharing our story far and wide where a financial donation is not possible."

The clubs fundraising page has been met with positive support. Community members who donated commented on the page.

One supporter said: A fabulous club, that deserves the support.

Another club supporter said: Hope youre pumping iron again soon. Glad Im retired.

Donate to the Wallingford Rugby Club at http://www.crowdfunder.co.uk/replacement-of-stolen-gym-equipment#start.

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Wallingford RFC raise money to replace kit after it was stolen by thieves - Oxford Mail

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Universal Quantum raises $4.5 million to build a large-scale quantum computer – VentureBeat

June 17, 2020 | Author: admin

Universal Quantum has raised $4.5 million as it emerges from stealth with plans to build a practical quantum computer it claims will be far more powerful than versions currently being developed by competitors.

Investors in this early-stage funding round include Hoxton Ventures, Village Global, Propagator VC, Luminous VC, and 7percent. Universal Quantum also disclosed that it has officially been spun out of the University of Sussex in the United Kingdom, where Professor Winfried Hensinger and Dr. Sebastian Weidt founded it in 2018.

Hensinger said the company is on target to build the worlds first large-scale quantum computer, using a pioneering approach developed at the university. If the company makes good on that promise, this next-generation computing architecture would have an impact on more industries and much sooner than many experts have generally predicted.

Its a really exciting next step, Hensinger said. Ive worked on this for 20 years as a university professor, and now we go on to actually building something useful, which is probably going to change the world.

Universal Quantum joins an expanding range of companies and institutions trying to develop quantum computing, which seeks to replace traditional computing architecture. Processing in current computing systems occurs in a binary state. Quantum computing, by contrast, is an atomic-level system in which the processing can occur in multiple states simultaneously. These are referred to as quantum bits or qubits.

Quantum computing has slowly moved beyond the labs, thanks to milestones such as Googles claim that it achieved quantum supremacy last year. That means its quantum computer performed a task that would likely have been impossible using traditional computing systems. Meanwhile, IBM has for several years been expanding its Q Network that allows research and corporate partners access to its quantum machines to experiment via a cloud platform.

But the field still faces a number of fundamental scientific challenges when it comes to making quantum computing stable at a large enough scale to have a real impact.

The founders of Universal Quantum say theyre taking an approach to solving some of those issues that will allow them to build what they call a large-scale quantum computer. So what does that mean? The quantum computer Google built that claimed the supremacy milestone had 54 qubits. IBMs Q Network relies on a 53-qubit machine.

If you want to solve interesting problems, you cant just have 50 qubits, Hensinger said. You need probably around a few million, maybe even billions.

Hensinger is making the extraordinary claim that his companys technology will make that billions target feasible.

Among problems the company has overcome is one involving temperature. Quantum computers run extremely hot because they often use two laser beams targeting each qubit to keep them stable enough for processing calculations. A large-scale computer using this system would require millions of laser beams operating at extreme precision and would need to be cooled to -273 degrees Celsius.

Hensinger explained that in place of lasers, Universal uses an approach called trapped ions that relies on microwave and radio frequency technologies, similar to the type found today in mobile phones. The system results in fewer errors and generates far less heat than laser systems, he said. He projects this computer could operate at -200 degrees Celsius.

In addition, Universal Quantum is developing plans for a quantum computer that relies on ion-trapped chips and uses silicon. After experimenting with a wide range of materials, Hensinger said his team settled on silicon for its stability and practicality.

As is the case with microwave technology, using silicon will allow the company to leverage existing products and technology. It will also allow the team to recruit employees with skillsets in those areas, rather than having to train and develop workers using radically different materials and methods, he said.

All of those factors should allow the company to build its quantum computer, though the exact timing remains unclear. With the latest funding, Universal Quantum will continue building its quantum computing facility in Brighton while expanding its 10-person team.

Once the computer is operational, the company will pursue a model initially similar to IBMs by offering subscriptions to its machines through a cloud platform, Hensinger said.

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Ethereum (ETH) Might Not have Quantum Resistance on its Roadmap, the QRL Team Reveals – Crowdfund Insider

June 17, 2020 | Author: admin

The developers at Quantum Resistant Ledger (QRL), an externally audited enterprise-grade blockchain platform that claims to be secure against a potential (future) attack from quantum computers, stated that Ethereum (ETH) could go quantum computer resistant through a unique smart-contract.

The QRL team said that a project called EnQlave helps users secure their computers against a quantum computer attack. They pointed out that the Ethereum 2.0 fork will bring many improvements like sharding, zero-knowledge proofs (ZKPs), enhancing overall blockchain efficiency, and lower transaction fees.

They noted:

One of the biggest hindrances to blockchains right now thats affecting its adoption is its ability to scale. [We] think [the Ethereum 2.0 related upgrades] will help out quite a bitProof of stake, Ethereum is going there, and so are we [at QRL.] Transparency, trust, immutability, pseudonymity, security all these things are core tenets of blockchain.

They added:

When it comes to Ether, [Ethereums native token,] were soon going to have another option. And that option is to make it quantum secure, or not. But why quantum? Quantum computers are quite cool [even literally.] In 2016, the NIST or National Institute of Standards and Technology (in the US) initiated a process to solicit, evaluate, and standardize one or more quantum resistant public key cryptographic algorithms.

They explained that this was basically the NIST calling upon academics and the general public to write and propose new asymmetric or public key algorithms to be used in the post-quantum era (i.e. when quantum computers powerful enough to threaten or practically outperform existing binary computers have arrived).

The QRL team revealed that so far there have been 60 submissions, out of which 12 were reportedly broken and there were five withdrawals from the competition. There are currently two quantum-secure protocols in draft recommended state, the team revealed. One of these is called XMSS which is the underlying protocol used by QRL.

They confirmed that quantum computers are available right now. For instance, D-Wave has been manufacturing them since 1999, the team said. IBM has also been releasing more and more powerful quantum computers.

The QRL team noted that, in 2019, Google announced Quantum Supremacy which is defined as the construction of a device that can solve a problem or perform a function that would be unfeasible for any classical computer. Google was able to carry out a function in 200 seconds and based on their calculations, it would take a supercomputer 10,000 years to complete the same function, the QRL team revealed.

They added:

It appears that quantum resistance is not on the Ethereum roadmap, so this is where I think the QRL team can help. Project EnQlave is an Ethereum smart contract that creates a quantum secure safe to store your Ethereum cryptocurrency.[this means, that] using your browser, you can access your Ethereum and transfer funds into a quantum secure safe, all while staying on the Ethereum blockchain.

However, the cost associated with doing this is that every time a smart contract is called or invoked for this purpose (moving funds in and out of your EnQlave wallet), you would incur a gas (fee) charge from the Ethereum network, The gas charge price is set by ETH miners who are processing transactions on the worlds largest smart contract development platform.

Gas fees are a financial incentive for Ether miners to process users transactions.

The QRL team recommended:

Due to gas costs, EnQlave works best as a long-term, post-quantum secure storage solution. Its not something youd want to move your funds in and out of every day.

As of June 2020, EnQlave has been running on an internal test network (testnet) and the code is being audited.

As previously reported, many experts believe quantum computers could completely shatter the current Internet security systems protecting the Bitcoin (BTC) network, digital payments, and IoT devices.

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Ethereum (ETH) Might Not have Quantum Resistance on its Roadmap, the QRL Team Reveals - Crowdfund Insider

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