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Cryptocurrency – IC Markets

Unlike other asset classes (FX, Equities, Commodities, etc.), the Cryptocurrency market is dominated by retail speculators. With Cryptocurrencies, youll trade in a market where there is no central bank intervention, interbank dealers controlling order flow or giant pension funds moving prices.

Price movements on Cryptocurrencies like Bitcoin or Ethereum are driven primarily by news and prevailing sentiment, i.e. the fear and greed of retail speculators. These sometimes dramatic shifts can lead to massive intraday price swings, making Cryptocurrency an exciting product for aggressive and experienced day traders.

The IC Markets Cryptocurrency CFD product allows traders to go long or short without actually holding the Cryptocurrency. This means traders can get exposure to the price of the Cryptocurrency without worrying about the security risks associated with storing it and the counterparty risk from the exchange. This is similar to trading Energy Futures such as oil rather than owning physical oil to speculate on its price.

The following Cryptocurrencies are available totrade with IC Markets

The first and largest cryptocurrency, Bitcoin paved the ways for hundreds of similar currencies and boasts a market cap of over $100 billion.

The world's second-largest cryptocurrency, it is labelled by many as "the next Bitcoin". Ethereum has received international recognition and support from giant organisations such as Microsoft, JP Morgan, and Intel.

Designed by a former Google engineer to improve upon Bitcoin's technology, Litecoin offers quicker processing times and a larger number of tokens. It is also the first cryptocurrency to implement SegWit, a method of speeding up transaction times without compromising the underlying blockchain technology.

Dash's focus is on instant transactions and owner privacy. Dash has an infrastructure that enables much faster transactions than other Cryptocurrencies and therefore displays higher liquidity than many of its counterparts.

Bitcoin Cash resulted from a hard fork of the Bitcoin blockchain. It increased block size from 1 megabyte to 8 megabytes without incorporating SegWit.

IC Markets Trading Hours Pageprovides further information regarding the Trade timings of our Crypto currencies.

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Bitcoin-crazy South Korea may face a ban on cryptocurrency …

The South Korean government is preparing a bill to ban trading in all cryptocurrencies including bitcoin, Justice Minister Park Sang-ki said Thursday.

"There are great concerns regarding virtual money," Park told reporters in Seoul. "The government has repeatedly warned about the fact that it is a very dangerous transaction but the message has not properly been delivered," he said.

Park didn't give details on when the bill would be introduced in parliament. But his comments prompted bitcoin to fall sharply. The digital currency, which is known for its volatility, dropped around 14% before recovering slightly in early afternoon trading in Asia.

Related: South Korea is going bitcoin crazy

Ethereum, another cryptocurrency hugely popular in South Korea, also fell 14%.

A frenzy of cryptocurrency trading swept South Korea last year, helping propel huge gains in bitcoin and other virtual coins. The country has accounted for as much as a fifth of global bitcoin trade on some days in recent months.

But the country's government has been moving toward greater regulation of digital currencies in recent weeks, introducing a new law in late December that gives authorities the power to shut down bitcoin exchanges.

Such moves remain a possibility, Park said, before likening cryptocurrency trading to speculation and gambling.

"The government's basic position is that virtual currency trading is extremely dangerous and the bubble may burst anytime," he said.

Related: Jamie Dimon regrets calling bitcoin a 'fraud'

The exchanges where people trade digital currencies have also come under scrutiny from South Korean authorities. Bithumb, one of the biggest cryptocurrency exchanges in the world, said it was visited by tax officials this week.

Another exchange, Coinone, is being investigated on suspicion of facilitating illegal gambling through cryptocurrencies, South Korean police told CNNMoney.

Coinone couldn't be reached for comment.

Related: Kodak to launch cryptocurrency, stock pops 125%

South Korea's plans to rein in digital currency trading come after China cracked down on the practice last year.

Beijing announced new regulations on bitcoin in September, prompting many of the country's top exchanges to stop trading it and causing its price to crash.

-- Taehoon Lee contributed to this report

CNNMoney (New Delhi) First published January 11, 2018: 1:23 AM ET

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What Is the Meaning of Internet Security? | Techwalla.com

Internet security is a branch of computer security that deals specifically with Internet-based threats. These include hacking, where unauthorized users gain access to computer systems, email accounts or websites; viruses and other malicious software (malware), which can damage data or make systems vulnerable to other threats; and identity theft, where hackers steal personal details such as credit card numbers and bank account information. You can protect yourself from these threats with strong Internet security.

The Internet can be a source of hidden dangers.

Malware, meaning malicious software, includes viruses, worms and Trojans. Although "virus" is used colloquially to refer to various malware types, its meaning is quite specific. A virus is a program that replicates itself throughout a system; it can spread to other computers, but needs user involvement since it requires a host file to spread: an individual must download the virus from the Internet or connect infected storage media, such as a USB drive, to his computer. A worm replicates itself and spreads more actively. A Trojan (from Trojan horse) can appear useful, but is actually dangerous. Trojans can steal data such as passwords or financial details or allow "back-door" access into computers. Networks of compromised computer systems, called botnets, are used to send spam or disseminate further malware. Install and use anti-malware applications to protect your computer.

Think of a firewall as a filter consisting of a device or array of devices that allow or deny access to a network. Firewalls, which can be hardware or software devices, prevent sensitive information from being uncovered and stolen from networks and also prevent dangerous information -- such as malicious code -- from being planted on networks. Firewalls apply a specific set of rules to all information coming in or going out of networks to determine whether it's dangerous or benign.

Browsers can have security flaws, which allow hackers and cyber-criminals to attack computers and networks. You must choose a secure browser and keep it updated with new security patches the developer releases. One example of a dangerously insecure browser is Microsoft's Internet Explorer 6 (IE6). Still in widespread use, IE6 has so many security flaws that even Microsoft wants to stop people from using it.

Electronic mail (email) offers many potential vulnerabilities. It's often used to send sensitive information, which then becomes vulnerable to theft, and is also used to distribute malware. A solid email security strategy includes both anti-malware applications and good practice by users, such as not sending sensitive information via unsecured email and not opening suspicious messages.

Denial of service (DoS) attacks are performed against computer resources such as websites. The aim of a DoS attack is to make a resource unavailable to users. One example is when a website is so overwhelmed by repeated communications requests that it cannot keep up with the demand. When multiple systems are involved, it becomes a distributed denial of service attack (DDoS). Methods for protecting against such attacks include firewalls and systems such as "clean pipes," in which website traffic is routed through a proxy server that drops bad traffic, allowing only genuine requests.

The strongest firewall and best anti-malware suite won't protect your system if you give away sensitive information such as passwords or security questions. Social engineering uses tricks to make you hand over information to criminals. An example is phishing, in which an email appears to come from a reputable organization such as a bank, tricking the recipient into entering their personal details. The phisher can then collect and use them to log in to the victim's account. If you want excellent Internet security, it's important to remain aware of social engineering.

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Download Avast Internet Security 17.7.2314 – FileHippo.com

Avast Internet Security is a robust security suite that houses numerous tools to protect your system. The suite includes a firewall, antivirus, anti-phishing tool, vpn secure line, and smart scan tools.

With Avast Internet Security you can adjust the parameters of scan modes; pick target areas to scan, enable the scan mode for all file types. Or you can customize the scan to recognize file types by content/name extension/user-defined file extension.

Key features include:

Avast Internet Security also includes some new technologies such as secure dns, scan https, and home security network to add to your protection.

Ransomware Shield, protects your most precious files from being altered or modified without your permission. Ransomware Shield gives premium users an added layer of protection by walling off their Pictures, Documents, and any other designated folders from any unwanted changes.

Any untrusted application trying to change or delete any files in these protected folders will be stopped, as would any encryption attempts by ransomware attacks. However, to avoid slowing down the system, Ransomware Shield only protects specific, designated folders.

Overall, Avast Internet Security is a great product although it is heavy on resources*. The application has an easily accessible and friendly user interface coupled with numerous tools and settings. Avast Internet Security has an excellent detection of threats and a robust antivirus integration. The new Smart Scan feature is also very useful.

*If your system is low performance (GPU/RAM) then this security suite may not be best suited to your needs.

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Vipre Antivirus VIPRE Internet Security

This could be caused by a Windows display setting being changed from your defaults. If you leave the Window display settings as they are, VIPRE will still function normally. If you would like to update, follow these instructions:

For Windows 7: Right-click on a blank spot of your desktop, then click Screen resolution. On this screen, click Make text and other items larger or smaller. Set this to Smaller 100% (default), then click Apply. You will be required to log out and back in to apply this change.

For Windows Vista: Right-click on a blank spot of your desktop, then click Personalize. In the top left of this screen, click Adjust font size (DPI). Set this to Default scale (96 DPI) fit more information, then click OK. You will be required to log out and back in to apply this change.

For Windows XP: Right-click on a blank spot of your desktop, then click Properties. In the Settings tab, click Advanced. Set the DPI setting to Normal size (96 DPI), then click OK. You will be required to log out and back in to apply this change.

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Kodak launches cryptocurrency, stock pops 125% – Jan. 9, 2018

The century-old camera brand said Tuesday it is investing in blockchain technology and plans to launch a "photo-centric cryptocurrency" called KODAKCoin.

Kodak (KODK)'s stock surged as much as 125% in trading after the announcement.

With the price of Bitcoin, Litecoin, Ripple and other digital currencies skyrocketing, an eclectic mix of small, unrelated businesses has attempted to ride the wave of investor interest by teasing cryptocurrency pivots.

Long Island Iced Tea Corp. changed its name to Long Blockchain Corp (LBCC). Bioptyx rebranded as Riot Blockchain (RIOT) and shifted its business model from biotech to bitcoin. Rich Cigars, a tobacco company, and Vapetek, an e-cigarette firm, each declared they were suddenly blockchain businesses.

Related: I bought $250 in bitcoin. Here's what I learned

Investors have generally reacted to these announcements by sending the stocks soaring. However, Kodak framed the move as being about more than profiting off a buzzword.

"For many in the tech industry, 'blockchain' and 'cryptocurrency' are hot buzzwords," Jeff Clarke, Kodak's CEO, said in a statement. "But for photographers who've long struggled to assert control over their work and how it's used, these buzzwords are the keys to solving what felt like an unsolvable problem."

Kodak says it will use the blockchain, essentially a digital ledger, for a new platform called KODAKOne to help photographers manage image rights. KODAKCoin will be used for transactions when photographers license their work.

The Kodak news was quickly met with sarcasm on social media. As one reporter joked on Twitter (TWTR), it may only be a matter of time before we see the launch of "PolaroidCOIN" and "SearsCOIN."

-- CNNMoney's Paul R. La Monica contributed to this report.

CNNMoney (New York) First published January 9, 2018: 2:06 PM ET

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The cryptocurrency bubble is strangling innovation | TechCrunch

Sure, fine, maybe its a bubble. OK its definitely a bubble, but thats a good thing, a bubble brings attention and investment in infrastructure, which breeds real innovation. Right? Look at the dot-com boom. A lot of people lost a whole lot of paper money, but it brought us a cheap worldwide fiber backbone and companies like Amazon and Google. Todays crypto bubble is just like that. Right?

So goes the theory, by which I mean, desperate rationalization. And it was somewhat true, for a while; but not any more. Cryptocurrencies have now ascended to speculative values that actually preclude any non-speculative uses. They have become so expensive that they are preventing innovation.

Most crypto tokens are, in fact, just glorified hash values stored on the Ethereum blockchain literally nothing more than a table of numbers like address A: 10,000. address B: 20,000, wrapped in standard blocks of code (the ERC20 and ERC721 standards, for fungible and non-fungible tokens respectively) so that they can be easily transacted.

Which means that every transfer of such tokens requires a transaction to be performed on the Ethereum blockchain. And as the price of ether has skyrocketed to more than $1,000 as I write this transaction fees have done so as well, so that the average fee for an Ethereum transaction is now around US$2.50.

(Ethereums variable-gas-price mechanism doesnt really help; fees are driven by supply and demand. And of course its not just Ethereum. Blockstacks DNS uses the Bitcoin blockchain as its source of truth, and Bitcoin transaction costs have also gone through the roof. SegWit transactions are cheaper / more efficient but thats noise compared to the overall trend.)

This is fine if youre just speculating, trading hundreds/thousands of dollars worth of tokens at a time. But it is crippling if youre actually trying to build an app that people use for anything else.

If youre trying to build a decentralized name / identity service your names now cost more than many top-level Internet domains that automatically resolve in browsers. If your tokens represent ownership of virtual entities, or access to decentralized storage suddenly just using the token at all, never mind transferring the value associated with the tokens, makes your cost structure somewhere between punitive and prohibitive.

So if youre trying to build anything even remotely high-volume atop an Ethereum token forget it. Your entire business model is catastrophically doomed at todays prices. (Ethereums sender-pays model doesnt help either, although thats due to change sometime soonish.) Only very-low-volume, very-high-value applications need apply. Like the current wave of speculation.

As a result, entire categories of cryptocurrency experimentation and innovation are on hold until the bubble bursts, or until / unless Ethereum finds a way to scale such that transaction fees plummet. Oh, people can still write and deploy code. But nobody will use it. Curious would-be users will be repelled by the nontrivial expense of mere experimentation, never mind ongoing usage.

So developers wont be able to find real-world users, and get any feedback from real-world use; they wont discover any emergent properties; and nobody will use and then iterate on their work. That whole continent of the blockchain ecosystem is now essentially in a deep freeze, covered by glaciers.

It remains an open question whether even much, much lower fees would be viable in the long run. Proponents of micropayments dont seem to realize that the fundamental problem with micropayments is not their cost, or the absence of supporting infrastructure; its the cognitive load that they induce. Parker Thompson of AngelList argues that fee-free decentralized apps are the only ones which might possibly succeed in consumer markets, and I think hes right, but that raises the question of how you prioritize and prevent spam blockchain transactions in the absence of fees.

Today thats a moot point, though. Dont get me wrong; Im not saying the sky is falling, the feepocalypse is upon us, and every decentralized application is doomed forevermore. A lot of interesting work and research has in fact been done regarding scaling Ethereum: sharding, Raiden, Plasma. Hopes for them remain justifiably high.

But until and unless they roll out, and/or the cryptocurrency markets stop being voting machines and start being weighing machines, most non-speculative token projects are doomed to indefinite hibernation. If you care about actual innovation, the inevitable popping of todays bubble wont mark the onset of crypto winter; rather, it will bring a crypto spring.

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Cloud Hosting – Managed Cloud Services

These services allow our customers to build a solution that addresses multiple IT requirements and to take advantage of all that secure cloud hostinghas to offer. In addition, our professional services team helps empower companies because managed cloud hosting is more than maintaining operations; its about business cloud solutions that help companies design, build, migrate, manage and protect data assets throughout the cloud lifecycle.

We were cautious about moving any of our infrastructure to the cloud, but the enterprise class architecture that HOSTING deployed along with their customer portal, which lets us manage multiple environments from one place, sold us on the idea of at least testing the cloud.

Unlike some providers who use a one-size-fits-all approach, our hybrid cloud hosting server architectures can be mixed and matched to create a hybrid managed cloud environment fully suited to the organizations unique requirements. Explore

For those companies looking to quickly spin up a server and adjust their resources without the need for a dedicated environment, the HOSTING public cloud has proven to be just the solution they were searching for. Explore

The HOSTING private cloud is ideal for organizations that are looking for the flexibility of the cloud combined with the security of a dedicated environment. It is a managed cloud hosting solution built on a single-tenant (dedicated) environment powered by VMware. Explore

The HOSTING cloud backup solution uses advanced, disk-based technology to back up data from a HOSTING data center or an organizations on-premises environment to a geographically diverse HOSTING data center. Our highly-redundant, storage architectures deliver rapid recovery often four times faster than tape backup. Explore

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IBM puts its quantum computer to work in relaxing, nerdy ASMR …

Quantum computing is still a long way off delivering any actual tangible benefits, but that doesnt mean we cant appreciate it in other ways. Like, for example, this ASMR-style video made inside IBMs new Q computation center a research lab where the company is hard at work on its quantum computing hardware.

Like similar experiments run by Google and Microsoft, this means using things called qubits to create mind-blowingly powerful computers. In theory, anyway. While theres plenty of hype about quantum computing, the actual machines weve made to date are too slow and temperamental to be of practical use. Meanwhile, experts say commercial companies are making unjustified claims about their hardware, and theres not even any consensus on whether or not were building the right type of quantum computer. All of which is to say: dont hold your breath waiting for the Age of Quantum.

IBM is still bullish, though, and published this video last month to promote its new IBM Q Network a partnership of academic and industry players who will explore how quantum computers could improve various fields in the future. The company says proper quantum computing is just around the corner. We say, maybe, but in the meantime, just listen to those ventilators sing.

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Quantum computing is going to change the world. Here’s what …

The science and tech world has been abuzz about quantum computers for years, but the devices are not yet affecting our daily lives. Quantum systems could seamlessly encrypt data, help us make sense of the huge amount of data weve already collected, and solve complex problems that even the most powerful supercomputers cannot such as medical diagnostics and weather prediction.

That nebulous quantum future became one step closer this November, when top-tier journal Nature published two papers that showed some of the most advanced quantum systems yet.

If you still dont understand what a quantum computer is, what it does, or what it could do for you, never fear. Futurism recently spoke with Mikhail Lukin, a physics professor at Harvard University and the senior author ofone of those papers, about the current state of quantum computing, when we might have quantum technology on our phones or our desks, and what it will take for that to happen.

This interview has been slightly edited for clarity and brevity.

Futurism: First, can you give me a simple explanation for how quantum computing works?

Mikhail Lukin: Lets start with how classical computers work. In classical computers, you formulate any problem you want to solve in the form of some input, which is basically a stream of 0s and 1s. When you want to do some calculation, you basically create a certain set of rules depending on how this stream should actually move. Thats the process of calculation addition, multiplication, whatever.

But weve known for more than 100 years that our microscopic world is fundamentally quantum mechanical. And in quantum mechanics, you can have systems. Your computer, for instance, or your chair can be placed in two different states at once thats the idea of quantum superpositions. In other words, your computer can be simultaneously both in Boston and in New York. So this quantum superposition, even though it sounds very weird, is allowed by the laws of quantum mechanics. On a large scale, like the example that I gave, it is clearly very strange. But in the microscopic world, like with a single atom, creating this kind of superposition state is actually quite common. So by doing these scientific experiments, scientists proved that a single atom is in two different states at once.

The idea of quantum computers is to basically make use of these rules of quantum mechanics to process information. Its pretty easy to understand how this can be so powerful. In classical computers, you give me a certain input, I put it in my computer, I give you an output. But if our hardware was quantum mechanical, rather than just sequentially providing some input and reading out the answers, I could prepare the computer register in the quantum superpositions of many different kind of inputs.

This means that if I then take this superposition state and process it using the laws of quantum mechanics, I can process many, many inputs at once. It could be potentially an exponential speedup, compared to the classical programs.

F: What does a quantum computer look like?

ML: If you were to walk into a room with our quantum machine in it you would see a vacuum cell or tube and a bunch of lasers which shine into it. Inside we have a very low density of a certain atom. We use lasers to slow down the atomic motion very close to absolute zero, which is called laser cooling.

F: So how do you program the thing?

ML:. To program a quantum computer, we shine a hundred tightly-focused laser beams into this vacuum chamber. Each of these laser beams acts as a optical tweezer, grabbing one atom or not. We have these atom traps, each of which is either loaded or empty. We then take a picture of these atoms in these traps, and we figure out which traps are full and which are empty. Then we rearrange the trap containing single atoms in any pattern that we wish. This desired arrangement of single atoms, each individually held in and easily controlled, are positioned basically at will.

Positioning these atoms is one way that we can program it. To actually control the qubit, we gently, carefully, push the atoms from their lowest energy state into a higher energy state. We do this with carefully chosen laser beams that shoot to one specific transition. Their frequency is very tightly controlled. In this excited state the atom actually becomes very big and, because of this atom size, the atoms start interacting or in other words talking to each other. By choosing the state to which we excite the atoms and choosing their arrangements and positions, we can then program the interaction in a highly controllable way.

F: What kinds of applications would a quantum computer be most useful for?

ML: To be honest, we really dont know the answer. Its generally believed that quantum computers will not necessarily help for all computational tasks. But there are problems that are mathematically hard for even the best classical computers. They usually involve some complex problems, such as problems involving complex optimizations in which you try to satisfy a number of contradictory constraints.

Suppose you want to give some kind of collective present to a group of people, each of which has its own niche. Some of the niches might be contradictory. So what happens is, if you solve this problem classically, you have to check each pair or triplet of people to make sure that at least their niche is satisfied. The complexity of this problem grows in size very, very rapidly because the number of classical combinations you need to check is exponential. There is some belief that for some of these problems, quantum computers can offer some advantage.

Another very well-known example is factoring. If you have a small number, like 15, its clear that the factors are 3 and 5, but this is the kind of problem that very quickly becomes complicated as the number grows. If you have a large number that is a product of two large factors, classically there is pretty much no better way to find what these factors are than just trying numbers from one, two, three, and so on. But it turns out that a quantum algorithm exists, called Shors algorithm, that can find the factors exponentially faster than the best known classical algorithms. If you can do something exponentially faster than using the alternative approach, then its a big gain.

F: It sounds like your mission, and that of others in your field, is to help us advance and understand this technology, but the applications are sort of secondary and will come when you have the tools. Does that seem about right?

ML: I will answer your question with an analogy. When classical computers were first developed, they were mostly used to do scientific calculations, numerical experiments to understand how complex physical systems behave. Right now, quantum machines are at this stage of development. They already allow us to study complex quantum physical phenomena. They are useful for scientific purposes, and scientists are already doing it now.

In fact, one significance of our papers [published in Nature] is that we have already built machines, which are large enough, and complex enough, and quantum enough to do scientific experiments that are very difficult to impossible to do on even the best possible classical computers essentially supercomputers. In our work, we already used our machine to make a scientific discovery, which had not been made up until now in part because its very difficult for classical computers to model these systems. In some ways, we are now crossing the threshold where quantum machines are becoming useful, at least for scientific purposes.

When classical computers were being developed, people had some ideas of which algorithms to run on them. But actually it turned out that when the first computers were built, people were able to start experimenting with them and discovered many more practically efficient, useful algorithms. In other words, thats really when they discovered what these computers can actually be good for.

Thats why Im saying that we really dont know now the tasks for which quantum computers will be particularly useful. The only way to find these tasks is to build large, functional, quantum machines to try these things out. Thats an important goal, and I should say that we are entering this phase now. Were very, very close to a stage when we can start experimenting with quantum algorithms on large scale machines

F: Tell me a little bit about your Nature paper. What actually is the advance here? And how close are we to being able to start discovering the algorithms that could work on quantum computers?

ML: So first lets talk about how one could quantify quantum machines. It can be done along three different axes. On one axis is the scale how many qubits [a quantum bit, the unit that makes up the basis of quantum computer the way bits do in classical computing] it is. More is better. Another axis is the degree of quantum-ness, that is, how coherent these systems are. So eventually, the way to quantify it is that if you have a certain number of qubits, and you perform some calculations with that, whats the probability that this calculation is error-free?

If you have a single qubit, you have a small chance to make an error. Once you have a lot of them, this probability is exponentially higher. So the systems described in our paper, and also in the complementary paper, have large enough qubits and are coherent enough so that we can basically do the entire series of computations with fairly low error probability. In other words, in a finite number of tries, we can have a result that has no errors.

But this is still not the complete story. The third axis is how well you can program this machine. Basically if you can make each qubit talk with any other qubit in an arbitrary fashion, you can also encode any quantum problem into this machine. Such machines are sometimes called universal quantum computers. Our machine is not fully universal, but we demonstrate a very high degree of programmability. We can actually change the connectivity very quickly. This in the end, is what allows us to probe and to make new discoveries about these complex quantum phenomena.

F: Could a quantum computer be scaled down to the size of a phone, or something vaguely portable at some point?

ML: That is not out of the question. There are ways to package it so that it can actually become portable and potentially can be miniaturized enough maybe not to the point of a mobile phone, but perhaps a desktop computer. But that cannot be done right now.

F: Do you think, like classical computers, quantum computers will make the shift from just scientific discoveries to the average user in about 30 years?

ML: The answer is yes, but why 30 years? It could happen much sooner.

F: What has to happen between now and then? What kind of advances need to be made to get us there?

ML: I think we need to have big enough computers to start really figuring out what they can be used for. We dont know yet what quantum computers are capable of doing, so we dont know their full potential. I think the next challenge is to do that.

The next stage will be for engineering and creating machines that could be used maybe to target some specialized applications. People, including [my team], are already working on developing some smallscale quantum devices, which are designed to, for example, aide in medical diagnostics. In some of these applications, quantum systems just measure tiny electric or magnetic fields, which could allow you to do diagnostics more efficiently. I think these things are already coming, and some of these ideas are already being commercialized.

Then maybe, some more general applications could be commercialized. In practice quantum computers and classical computers will likely work hand-in-hand. In fact, most likely what would happen is that the majority of the work is done by classical computers, but some elements, the most difficult problems, can be solved by quantum machines.

There is also another field called quantum communication where you can basically transfer quantum states between distant stations. If you use quantum states to send information, you can build communication lines that are completely secure. Moreover, through these so-called quantum networks, sometimes called quantum internet, we should be able to access quantum servers remotely. That way, I can certainly imagine many directions in which quantum computers can enter everyday life, even though you dont carry it in your own pocket.

F: Whats something that you wish more people knew about quantum computers?

ML: Quantum computing and quantum technology have been in the news for some time. We scientists know that its an exciting area. Its really the frontier of the scientific research across many subfields. Over the last five to 10 years, most people assumed that the developments have been very futuristic. They assumed that it will take a long time before we create any useful quantum machines.

I think that this is just not the case. I think we are already entering the new era with tremendous potential for scientific discoveries, which might have wideranging applications for material science, chemistry really anything that involves complex physical systems. But I also feel that very soon we will start discovering what quantum computers can be useful for in a much broader scope, ranging from optimization to artificial intelligence and machine learning. I think these things are around the corner.

We dont yet know what and how quantum computers will do it, but we will find out very soon.

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