The 1QBit Blog

Learn How Quantum-Inspired Algorithms Can Help You Make Safer Investments

Learn How Quantum-Inspired Algorithms Can Help You Make Safer Investments

Many problems in finance take the form of mathematical optimization problems. As an example from portfolio optimization, an asset manager may be tasked with allocating funds across a pool of assets while maximizing the return at a given level of risk. However, conventional approaches often fail when computational resources cannot handle the amount of “noisy” real-world data (i.e., useful data...

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Uncovering Hidden Patterns in Gold Prices

Uncovering Hidden Patterns in Gold Prices

The Federal Reserve Bank of Kansas City’s 44th annual economic policy symposium (i.e., the Jackson Hole Economic Symposium) was held online this year on August 27th and 28th. Its potential effect on gold prices has been widely covered in the news, with a series of policy changes announced going forward. It is expected to contribute to further US dollar depreciation. Historically, financial instruments related to the US dollar have price moves around the event.

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How Big Data Can Be Visualized Using Quantum Annealing

How Big Data Can Be Visualized Using Quantum Annealing

The human eye can perceive patterns and meaning in data based on its visual appearance, but it becomes difficult to perceive such patterns when the data is presented in a dense and unorganized manner. The Big Data Visualization Toolkit (BiDViT) enables the study and display of enormous datasets by following the approach described above, that is, reducing them into smaller, yet still sufficiently large, datasets that accurately represent the original dataset, allowing the resulting clustered set to be clearly viewed and analyzed by the human eye.

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Learn How Quantum Computing Could Revolutionize Chemistry

Learn How Quantum Computing Could Revolutionize Chemistry

The consensus among many quantum computing practitioners is that chemistry, specifically quantum chemistry, has great potential to be the first field to benefit from quantum computing, as the simulation of molecules can be more efficiently handled using quantum computing methods. This could accelerate materials innovation for large-scale industrial applications, such as catalyst design to facilitate chemical synthesis for more-efficient…

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Quantum Computing and More-Effective Drugs

Quantum Computing and More-Effective Drugs

The need to create new medicines faces major challenges due to the increasing costs of drug development and the high failure rate of drug candidates. These challenges are faced due to the laborious and expensive processes involved. For example, in order to develop an effective drug, it is necessary to test whether a drug candidate has sufficiently acceptable properties of ADME (absorption,...

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Forecasting the Weather Using Quantum Computers

Forecasting the Weather Using Quantum Computers

Every year there are hurricanes, extreme heat waves, tornadoes, and other extreme weather events, resulting in thousands of deaths and billions of dollars in damages. Prediction of extreme weather further in advance and with increased accuracy could allow for targeted regions to be better prepared in order to reduce loss of life and property damage. Granted, there has been much work undertaken...

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Building Better Qubits

Building Better Qubits

In the 1QBit Guide to Advanced and Quantum Computing, developments from 2019 were presented that indicate we are on the path to fully realized quantum computing. Advancements in quantum computing are strongly dependent on the development of better qubits. The key to creating more-powerful machines is building more-reliable, better-connected, and longer-lasting qubits that could be accurately controlled…

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Market Reactions to COVID-19 Using the CME Market Sentiment Meter

Market Reactions to COVID-19 Using the CME Market Sentiment Meter

The COVID-19 pandemic has changed the world forever, and its effect will continue to send shockwaves through many parts of society, notably among the world’s financial markets. These include the eight commodity futures and options products tracked by the CME Market Sentiment Meter (MSM): S&P index futures, US Treasury note futures, crude oil, natural gas, corn, soybeans, the Euro/USD...

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