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D-Wave Introduces Quantum Blockchain Architecture, Featuring Enhanced Security and Efficiency over Classical Computing

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D-Wave Quantum (NYSE: QBTS) has unveiled a groundbreaking blockchain architecture leveraging quantum computing technology. The company published a research paper titled 'Blockchain with Proof of Quantum Work,' demonstrating the first-ever distributed quantum computing deployment across four cloud-based annealing quantum computers in North America.

The new architecture introduces a 'proof of quantum' algorithm that utilizes quantum computation for generating and validating blockchain hashes. Research indicates this quantum-powered approach could significantly reduce electricity consumption compared to classical computing methods, potentially cutting electricity costs by up to 1,000 times. Currently, Bitcoin's power consumption alone rivals that of Poland.

The system successfully operated across two generations of D-Wave annealing quantum computers in two countries, validating transactions for thousands of blocks. The technology is immediately available through D-Wave's Leap™ real-time quantum cloud service, with applications spanning supply chain management, healthcare, identity verification, and decentralized finance.

D-Wave Quantum (NYSE: QBTS) ha svelato un'architettura blockchain rivoluzionaria che sfrutta la tecnologia del calcolo quantistico. L'azienda ha pubblicato un documento di ricerca intitolato 'Blockchain con Proof of Quantum Work', dimostrando il primo dispiegamento di calcolo quantistico distribuito su quattro computer quantistici di annealing basati su cloud in Nord America.

La nuova architettura introduce un algoritmo di 'proof of quantum' che utilizza il calcolo quantistico per generare e convalidare gli hash della blockchain. La ricerca indica che questo approccio potenziato dal quantum potrebbe ridurre significativamente il consumo di elettricità rispetto ai metodi di calcolo classici, potenzialmente abbattendo i costi elettrici fino a 1.000 volte. Attualmente, il consumo energetico di Bitcoin da solo è paragonabile a quello della Polonia.

Il sistema ha operato con successo attraverso due generazioni di computer quantistici di annealing D-Wave in due paesi, convalidando transazioni per migliaia di blocchi. La tecnologia è immediatamente disponibile tramite il servizio di cloud quantistico in tempo reale Leap™ di D-Wave, con applicazioni che spaziano dalla gestione della catena di approvvigionamento, alla sanità, alla verifica dell'identità e alla finanza decentralizzata.

D-Wave Quantum (NYSE: QBTS) ha presentado una arquitectura blockchain innovadora que aprovecha la tecnología de computación cuántica. La empresa publicó un artículo de investigación titulado 'Blockchain con Prueba de Trabajo Cuántico', demostrando el primer despliegue de computación cuántica distribuida en cuatro computadoras cuánticas de recocido basadas en la nube en América del Norte.

La nueva arquitectura introduce un algoritmo de 'prueba cuántica' que utiliza la computación cuántica para generar y validar hashes de blockchain. La investigación indica que este enfoque potenciado por la cuántica podría reducir significativamente el consumo de electricidad en comparación con los métodos de computación clásica, potencialmente reduciendo los costos eléctricos hasta 1.000 veces. Actualmente, el consumo de energía de Bitcoin solo rivaliza con el de Polonia.

El sistema operó con éxito a través de dos generaciones de computadoras cuánticas de recocido D-Wave en dos países, validando transacciones para miles de bloques. La tecnología está disponible de inmediato a través del servicio de nube cuántica en tiempo real Leap™ de D-Wave, con aplicaciones que abarcan la gestión de la cadena de suministro, la atención médica, la verificación de identidad y las finanzas descentralizadas.

D-Wave Quantum (NYSE: QBTS)는 양자 컴퓨팅 기술을 활용한 혁신적인 블록체인 아키텍처를 공개했습니다. 이 회사는 '양자 작업 증명과 함께하는 블록체인'이라는 제목의 연구 논문을 발표하며, 북미의 네 개의 클라우드 기반 어닐링 양자 컴퓨터에서 최초의 분산 양자 컴퓨팅 배치를 시연했습니다.

새로운 아키텍처는 블록체인 해시를 생성하고 검증하는 데 양자 컴퓨테이션을 활용하는 '양자 증명' 알고리즘을 도입합니다. 연구에 따르면, 이 양자 기반 접근 방식은 고전적인 컴퓨팅 방법에 비해 전력 소비를 상당히 줄일 수 있으며, 전기 비용을 최대 1,000배까지 절감할 수 있습니다. 현재 비트코인만의 전력 소비는 폴란드와 맞먹습니다.

시스템은 두 개의 국가에서 두 세대의 D-Wave 어닐링 양자 컴퓨터를 통해 성공적으로 운영되었으며, 수천 개의 블록에 대한 거래를 검증했습니다. 이 기술은 D-Wave의 Leap™ 실시간 양자 클라우드 서비스를 통해 즉시 사용할 수 있으며, 공급망 관리, 의료, 신원 확인 및 분산 금융에 걸쳐 응용 프로그램이 있습니다.

D-Wave Quantum (NYSE: QBTS) a dévoilé une architecture blockchain révolutionnaire exploitant la technologie de calcul quantique. L'entreprise a publié un document de recherche intitulé 'Blockchain avec Preuve de Travail Quantique', démontrant le tout premier déploiement de calcul quantique distribué sur quatre ordinateurs quantiques d'annealing basés sur le cloud en Amérique du Nord.

La nouvelle architecture introduit un algorithme de 'preuve quantique' qui utilise le calcul quantique pour générer et valider les hachages de blockchain. La recherche indique que cette approche alimentée par la quantique pourrait réduire considérablement la consommation d'électricité par rapport aux méthodes de calcul classiques, potentiellement réduisant les coûts d'électricité jusqu'à 1 000 fois. Actuellement, la consommation d'énergie de Bitcoin à elle seule rivalise avec celle de la Pologne.

Le système a fonctionné avec succès à travers deux générations d'ordinateurs quantiques d'annealing D-Wave dans deux pays, validant des transactions pour des milliers de blocs. La technologie est immédiatement disponible via le service de cloud quantique en temps réel Leap™ de D-Wave, avec des applications couvrant la gestion de la chaîne d'approvisionnement, la santé, la vérification d'identité et la finance décentralisée.

D-Wave Quantum (NYSE: QBTS) hat eine bahnbrechende Blockchain-Architektur vorgestellt, die auf Quantencomputing-Technologie basiert. Das Unternehmen veröffentlichte ein Forschungspapier mit dem Titel 'Blockchain mit Proof of Quantum Work', das die erste verteilte Quantencomputing-Implementierung auf vier cloudbasierten annealing Quantencomputern in Nordamerika demonstriert.

Die neue Architektur führt einen 'Proof of Quantum'-Algorithmus ein, der Quantenberechnungen zur Generierung und Validierung von Blockchain-Hashes nutzt. Forschungen zeigen, dass dieser quantenbasierte Ansatz den Stromverbrauch im Vergleich zu klassischen Berechnungsmethoden erheblich reduzieren könnte, mit dem Potenzial, die Stromkosten um bis zu 1.000 Mal zu senken. Der Stromverbrauch von Bitcoin allein ist derzeit mit dem von Polen vergleichbar.

Das System arbeitete erfolgreich über zwei Generationen von D-Wave-Annealing-Quantencomputern in zwei Ländern und validierte Transaktionen für Tausende von Blöcken. Die Technologie ist sofort über D-Waves Leap™-Echtzeit-Quanten-Cloud-Service verfügbar, mit Anwendungen in den Bereichen Lieferkettenmanagement, Gesundheitswesen, Identitätsüberprüfung und dezentralisierte Finanzen.

Positive
  • Potential 1000x reduction in electricity costs for blockchain operations
  • First successful demonstration of distributed quantum blockchain across multiple computers
  • Immediate availability of technology through cloud service
  • Enhanced security through quantum-powered hashing
Negative
  • Technology still in research phase, not yet commercialized
  • Requires specialized quantum computing infrastructure

Insights

D-Wave's quantum blockchain architecture represents a significant technological breakthrough with substantial commercial potential. By leveraging their quantum supremacy capabilities, D-Wave has positioned itself at the intersection of two revolutionary technologies - quantum computing and blockchain.

The most compelling aspect is the energy efficiency claim - potentially reducing blockchain electricity consumption by a factor of 1,000%. This addresses a critical pain point, as Bitcoin alone consumes electricity comparable to Poland. With global concerns about crypto mining's carbon footprint intensifying, D-Wave's solution could become highly sought-after across industries.

Their successful deployment across four quantum computers demonstrates scalability and practical implementation capabilities. This marks an important transition from theoretical quantum advantage to real-world application with clear value proposition.

For investors, this announcement validates D-Wave's commercialization strategy. Unlike many quantum computing developments that remain theoretical, this blockchain architecture targets immediate business challenges in supply chain, healthcare, and finance. Their intention to partner for commercialization suggests a clear pathway to potential revenue growth.

While still in research phase without announced commercial partners or timeline, this represents D-Wave's most compelling commercial use case to date, expanding their addressable market and differentiating them from quantum computing competitors still focused on theoretical advantages.

D-Wave's quantum blockchain architecture represents a technical breakthrough on multiple fronts. First, they've successfully demonstrated distributed quantum computing across four systems spanning two countries - a genuine first in quantum computing implementation.

Their approach cleverly leverages the complex programmable spin glasses from their quantum supremacy demonstration, repurposing this capability for practical blockchain hashing. This demonstrates remarkable technical versatility of their annealing quantum technology.

The "proof of quantum" algorithm creates a security enhancement by eliminating classical computation from the validation process. This could potentially address blockchain vulnerabilities that might emerge as quantum computing becomes more accessible - essentially making blockchain quantum-resistant by making it quantum-native.

Most intriguing is how D-Wave mapped mathematical hashing functions to their quantum architecture. Blockchain hashing is computationally intensive precisely because it's designed to be inefficient on classical computers. By reimagining this process for quantum systems, they've found a natural fit for quantum's unique capabilities.

The cross-validation between different generations of quantum hardware demonstrates remarkable stability. The ability to operate across varying architectures and fabrication stacks indicates a robust protocol that could scale with future quantum advancements. With their quantum systems already cloud-accessible via Leap, D-Wave has reduced the implementation barrier for potential partners looking to adopt this technology.

  • New D-Wave research paper, “Blockchain with Proof of Quantum Work,” presents a novel blockchain architecture that leverages the company’s quantum supremacy achievement
  • Research shows D-Wave’s quantum computers could significantly reduce electricity needed to run blockchain
  • New “Proof of Quantum” algorithm presented in paper adds enhanced layer of security
  • Company successfully executes first-ever demonstration of distributed quantum computing, deploying blockchain across four cloud-based annealing quantum computers in North America

PALO ALTO, Calif.--(BUSINESS WIRE)-- D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced that it has published a new research paper introducing a novel blockchain architecture that uses techniques from its quantum supremacy demonstration. By adding quantum to traditional blockchain computation, the new architecture could enhance blockchain security and efficiency. As part of this research, D-Wave scientists deployed the blockchain architecture across four of its cloud-based annealing quantum computers in Canada and the United States, performing distributed quantum computing for the first time.

An illustration from a new research paper published by D-Wave introducing a novel blockchain architecture that leverages the company’s quantum supremacy achievement. The illustration depicts how a “proof of quantum” algorithm developed by D-Wave uses quantum computation to generate and validate blockchain hashes.

An illustration from a new research paper published by D-Wave introducing a novel blockchain architecture that leverages the company’s quantum supremacy achievement. The illustration depicts how a “proof of quantum” algorithm developed by D-Wave uses quantum computation to generate and validate blockchain hashes.

The new research paper, “Blockchain with Proof of Quantum Work,” highlights how D-Wave built and tested a “proof of quantum” algorithm that uses quantum computation to generate and validate blockchain hashes. Blockchains rely on hashing, a mathematical function that acts like a digital fingerprint. Hashing is used to encrypt transactions, and "proof of work" algorithms validate those transactions. Classical computers currently used for hashing and proof of work consume significant amounts of electricity. Each year, the power consumption of Bitcoin alone—just one application of blockchain— is estimated to be comparable to the power consumption of the entire country of Poland. D-Wave’s research indicates that using quantum computation for hashing and proof of work could require a fraction of the electricity used by classical resources alone and potentially reduce electricity costs by up to a factor of 1,000.

“In an industry first, D-Wave is delivering an exciting new quantum blockchain architecture with potential for broad usage across businesses,” said Dr. Alan Baratz, CEO of D-Wave. “Coming off the heels of our recent quantum supremacy demonstration, this serves as yet another example of how D-Wave is helping customers realize the value of quantum computing now. We invite the blockchain community to work with us to utilize this exciting new use case for quantum computing.”

The paper introduces a new quantum-powered method to securely and efficiently create hashes by mapping mathematical functions to the complex programmable spin glasses simulated in D-Wave's recent supremacy demonstration. The proof of quantum algorithm presented in the paper is designed to incorporate hashes generated by a quantum computer, excluding classical computation from the process and adding an enhanced layer of security.

“This is the first time a blockchain has successfully operated on a distributed network of four quantum computers across two countries,” said Dr. Mohammad Amin, chief scientist at D-Wave. “Despite spanning two generations of D-Wave annealing quantum computers with different architectures and fabrication stacks, the systems’ outputs were able to cross-validate each other and facilitate stable blockchain operation for thousands of transaction blocks. We believe that this approach could significantly reduce energy consumption and enhance security.”

Initially developed to enable cryptocurrencies such as Bitcoin, blockchain technology has a diverse range of applications across supply chain management, healthcare, identity verification, and decentralized finance.

The D-Wave™ annealing quantum computers used in the Company’s recent quantum supremacy demonstration and this new blockchain research are available for customers to use today via D-Wave's Leap™ real-time quantum cloud service. D-Wave plans to continue to drive the development of this capability and work with partners to bring to market products based on this new blockchain architecture.

To learn more about partnering with D-Wave to develop secure and sustainable products for distributed trust visit: dwavequantum.com/blockchain.

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our 5,000+ qubit Advantage™ quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our Advantage systems and Advantage2™ prototypes to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

Media Contacts:

D-Wave

Alex Daigle

media@dwavesys.com

Source: D-Wave Quantum Inc.

FAQ

How much energy savings can D-Wave's quantum blockchain technology achieve compared to traditional systems?

D-Wave's research suggests their quantum computation approach could reduce electricity costs by up to a factor of 1,000 compared to classical computing resources.

What is unique about D-Wave's (QBTS) quantum blockchain demonstration?

It marks the first successful operation of a blockchain across a distributed network of four quantum computers spanning two countries, handling thousands of transaction blocks.

What is the 'proof of quantum' algorithm introduced by D-Wave (QBTS)?

It's a novel algorithm that uses quantum computation to generate and validate blockchain hashes, excluding classical computation and adding enhanced security.

How can investors access D-Wave's (QBTS) quantum blockchain technology?

The technology is available through D-Wave's Leap™ real-time quantum cloud service, with opportunities for partnership in developing secure and sustainable products.
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