Bitcoin Hits Massive 1,350 BTC Sell Wall; Here’s Why Buyers Won’t Break It – Bitcoinist

Bitcoin has led the aggregated cryptocurrency market higher today. After trading sideways around $9,200 for the past several days and weeks, the crypto has since made an upwards push towards $9,500.

This momentum slowed once the crypto reached its current price levels, and this appears to be the result of a massive sell wall established just above its current price.

Unless the whale who formed this wall removes it, or buyers garner a massive amount of momentum, it is unlikely that it will be easily surmounted.

It also appears that there are a few key factors that are signaling Bitcoin is bound to see further near-term downside.

After consolidating around $9,200 for the past several days, Bitcoins buyers appear to have gained the upper hand over sellers as they push the benchmark crypto up towards its key resistance within the mid-$9,000 region.

At the time of writing, Bitcoin is trading up just under 1% at its current price of $9,450. It did push as high as $9,500 earlier but has since been forced lower by intense selling pressure.

It is important to note that BTCs upswing happened to come to an end as soon as it reached a massive 1,350 Bitcoin sell wall that has been erected on Binance at $9,450.

One trader spoke about this, noting that it is one of the larger sell walls he has spotted in a while.

1350 BTC Binance sell wall. One of the bigger sells spotted in a while, he said.

There are a few factors that signal Bitcoin will not be able to break above this heavy resistance region.

Another popular cryptocurrency analyst spoke about these factors in a recent tweet, explaining that BTC is forming a rounded top formation, is seeing a massive spike in selling pressure, and remains below its local point-of-control.

If Im honest with myself then I have to admit that this looks bearish. Rounded top formation just like in February. Sell volume > buy volume. Below local POC.

If Bitcoin fails to break above its heavy near-term resistance, there is a strong likelihood it will soon see major downside.

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Bitcoin Hits Massive 1,350 BTC Sell Wall; Here's Why Buyers Won't Break It - Bitcoinist

Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC – Bitcoin News

Elon Musk bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Tesla. Before sending money to a bitcoin address, check if it has been reported as an address used by scammers.

The number of bitcoin scams using the name Elon Musk, Spacex, or Tesla has been growing. Videos promoting a scam claiming that Elon Musk is giving away 5,000 BTC or 10,000 BTC have been appearing regularly on Youtube. News.Bitcoin.com recently reported on this scam which asks people to send them bitcoin, promising to return twice as much BTC sent immediately. The scam pulled people in with an interview with Elon Musk and the recent Spacex launch.

The CEO of cyber-security firm Adaptiv, Justin Lister, has been tracking bitcoin sent to vanity addresses containing names such as Elon Musk, Telsa, or Spacex to promote BTC giveaway scams over the past month, Zdnet reported on Friday. Examples of such addresses are 1Musk or 1Elonmusk

He tracked down 66 addresses that have been reported to Bitcoinabuse.com, a public database of bitcoin addresses used by hackers and criminals. Using his research and data from the Bitcoin Abuse website, the news outlet found that a total of 214 BTC have been sent to the Elon Musk vanity addresses, which is more than $2 million at the current exchange rate. Since scammers do not just use vanity addresses, such as the one shown in the image above, the total amount they have raked in from this type of scam could be significantly more than $2 million.

Elon Musk is not the only celebrity being used to promote fake bitcoin giveaways. Others that have been used to promote BTC scams include Amazon CEO Jeff Bezos, Microsoft founder Bill Gates, former Google CEO Eric Schmidt, Apple cofounder Steve Wozniak, Coinbase CEO Brian Armstrong, Epic Games CEO Tim Sweeney, FUBU CEO Daymond John, and Rich Dad Poor Dad author Robert Kiyosaki.

It is generally unwise to send bitcoin to anyone claiming to double your BTC. If you come across a bitcoin scam address, you can report it to Bitcoinabuse.com. The site also lets you check whether a particular address has been reported as an address used by scammers, check report history, and monitor stolen bitcoin.

At the time of this writing, the Bitcoin Abuse website shows that there have been 115 reports in the last day, 680 reports in the last week, and 4,636 reports in the last month.

There is also a new website called Scam Alert, launched on Friday by popular blockchain monitor Whale Alert. You can use the site check if a certain bitcoin address has been reported as a scam address. The Scam Alert website explains: Our goal is to make blockchain safer for everyone by tracking and exposing criminals who abuse blockchain for illegal activities.

What do you think about Elon Musk bitcoin giveaway scams making millions? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Youtube, Bitcoinabuse.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC - Bitcoin News

Why Bitcoin Is Valuable – Debunking The Greater Fool Theory – Forbes

I speak with a lot of investors about bitcoin, and they raise a lot of questions: about custody, about volatility, and about evolving regulatory standards.

By and large, it's easy to mitigate these concerns: Fidelity offers custody, Jane Street makes markets in bitcoin, and regulators are taking an increasingly proactive approach to the space.

Once you get through the surface objections, however, theres often one more lodged in the back of peoples minds; one people dont even want to raise for fear of being impolite:

Why does bitcoin have any value at all?

This is the objection that has tripped up some of my personal investing heroes, like Jack Bogle and Warren Buffett. Buffett summarized the concern in an interview with CNBC earlier this year: Cryptocurrencies basically have no value. You can't do anything with it except sell it to somebody else."

In the financial literature, this is known as the greater fool theory. The idea is that you should never invest in something if its value depends solely on selling it to someone else at a higher price.

Stocks, bonds, and real estate assets generate cash flows and can be valued based on them, the thinking goes. Bitcoin doesnt create anything at all.

Why, then, do we think it is valuable?

A Lesson From The History Of Crude Oil

Prior to the late 1800s, crude oil was mostly a nuisance. Pioneers in the American West who dug wells searching for water would sometimes find oil and be disappointed. The problem was that oil had no identified utility. On the margin, it could be used for creating asphalt, and it was often used as medicine, but mostly it was ignored. Finding oil was about as interesting as finding mud.

Things started to change when George Bissell had a breakthrough in the 1850s: He wondered whether rock oil, as it was called, could be processed and be used as an illuminant (replacing coal oil for kerosene lamps) and as a lubricant for machines.

Thats how the oil industry was born: One lonely scientist figured out that a sticky, seepy, ugly liquid could be used to create light.

For the first few years, however, demand remained low, as oil had issues. One was that it stunk, as crude oil has a naturally high sulfur content. But subsequent chemical refinements like desulphurizationfunded, interestingly, by oil producers like Standard Oilcreated new uses and markets.

The story doesnt end with kerosene lamps, of course. The turn of the century saw engineers experimenting with internal combustion engines. As automobiles grew from toys to essentials, demand for oil skyrocketed. By the end of the 1920s, 85% of oil production was used toward fuels.

Very few saw the potential of the new light early on, but those who did, like John Rockefeller, were responsible for some of the largest examples of value creation to this day.

Bitcoin today is analogous to oil after the development of the kerosene lamp, but before cars, planes, and the rest. It is a commodity with certain limited but meaningful real-world uses. Individuals use it today to store savings outside of the fiat currency system (digital gold), to move money across borders, and to settle large transactions quickly and in an irreversible fashion. In certain countries, it provides a release valve for citizens concerned about oppressive regimes, and a way to expatriate money with limited physical risks.

But like oil in the late 1800s, these applications are just scratching the surface of bitcoins potential. Kerosene lamps were a proof of concept; oils real value lay in being a store of energy that could be transported easily and released in an intense fashion. Similarly, bitcoins current utility is limited; its real value lies in allowing money to move at internet speeds and allowing it to be held in an autonomous fashion.

Investors buying bitcoin today are betting that the future use cases built upon these core capabilities will be larger than the current market cap of bitcoin. It is easy, in my view, to see how this could be the case. For example, if 10% of the wealth currently stored in physical gold comes to be stored in bitcoin in the future, each bitcoin would be worth around $50,000. If the same amount of wealth stored in gold today is stored in bitcoin in the future, each bitcoin would be worth $500,000. If bitcoin significantly penetrates parts of the offshore wealth, escrow, payments, remittance, or other markets, the potential is significantly larger.

Those numbers may sound extreme, but it is worth remembering that digital versions of analog goods are often met with skepticism initially. People didnt think digital media would replace newspapers, didnt believe that digital advertising could compete with print and TV, and were hugely skeptical that online retail could compete with physical stores. In each case, time proved them wrong.

Future Demand, Current Value

If most of the demand is in the future, you may be thinking, why buy bitcoin now?

This is where the analogy with oil breaks down.

There are two things that are true about bitcoin that are not true about oil:

Buying bitcoin today is like buying oil in 1850 after seeing its early utility with the big difference being that you know that no new oil can ever be created, even as demand grows and new use cases emerge. And unlike oil, with bitcoin, youre in no rush, because as a digital asset, you can store it cheaply for years while demand builds.

Thats the logic behind the value of bitcoin to investors today. Its not about simply hoping for a greater fool, but rather buying a scarce asset before demand is fully developed.

Those of us who have spent time investigating cryptoincluding some of the leading technology companies, entrepreneurs, inventors, and venture capitalistsforesee a future where money moves with the speed of text messages, where financial access is available to all, and where all investors have an easy way to escape the casual destruction of wealth that attends most fiat currencies over time.

As this world arrives, youll be glad to have bought a stake before the value becomes plain for all to see.

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Why Bitcoin Is Valuable - Debunking The Greater Fool Theory - Forbes

A Command Transition – Inkstick

I knew command was supposed to change you, I just didnt expect it to be this much.

The pictures are two years and a lifetime of experiences apart.

Here are five lessons learned along the way:

1) Authenticity Is Powerful

Opening up about who I am as a transgender person created the space for trust. Not the kind of trust that comes from knowing the person next to you will accomplish the mission, but the kind of trust where people put their faith in you to help them through difficult times. More than once, I was told some variation of If I didnt know your story, I wouldnt be sharing this

Vulnerability as a leadership trait is a relatively new concept, particularly in the military, but it rings true for me. Through my wife, I learned I had a bit of a Captain America image for much of my career. People thought I did things the right way, but was perceived as arrogant or unapproachable. Coming out was the crack in my shield that let other people in and my empathy out.

In the years between coming out and my transition I didnt hide what could be seen as my vulnerability, but I wasnt actively broadcasting it beyond those who needed to know. However, as an outspoken advocate whod done a lot of press and looked quite different on duty than off, I was very Googleable. Everyone going into command should expect that your people will look you up. I could have avoided addressing my vulnerability, but acknowledging my challenges allowed others to see that I could be open to theirs.

Removing barriers to authenticity should increase service member retention, but I guarantee it enhances performance. Living as my authentic self improved my job performance in subtle and obvious ways. Prior to coming out, there was a filter in my brain processing every thought before it could become a word or an action. It may have been only a split-second delay that prevented me from talking about what I did on the weekend, but it was there, and it was strong. It was the same filter that LGB service members had to deal with under Dont Ask, Dont Tell when talking about their relationships. We all had a fear that the most innocent of slip-ups could cost a career for something that had nothing to do with our ability to serve. Being open meant the mental energy previously reserved for conforming, even if it was to a perceived expectation, or hiding an identity, could now be dedicated to the mission.

Following a Supreme Court ruling allowing implementation, a policy was implemented in March of 2019 stating that anyone who did not have a diagnosis of gender dysphoria within the next month would not be allowed to transition. That led to a lot of introspection; Id always fought the diagnosis because it had a condition stating you had to exhibit clinically significant distress. I hated that concept, as I was neither sick nor broken, but I had to get it if I was to be myself. In that month, I had to attend a dinner at the Bolling AFB O-Club with Generals and senior officials from other government agencies. As I put on my sport coat and looked in the mirror, I said This isnt right. Within days, after challenging discussions with my wife, I talked to my doctor about receiving a diagnosis.

My filter is now completely gone. Living as my authentic self is critically important to me, but its also made a world of difference to those around me.

2) I Opened My Eyes

When I came out as transgender I worked in the Pentagon and was often invited to meetings with senior leadership because of my position. I began to notice the composition in each room; it was heavily white and male. Almost subconsciously, I started counting women and minorities in the meetings and thought about how intimidating that may be for many of them, particularly if theyre the only one. Ive since discovered that reading the room is a fairly common tactic for women and minorities and some will even adjust their strategy based on it. It wouldnt be the last thing I noticed.

I always considered myself aware of challenges faced by minorities, to the extent that someone raised in a lily-white, upper-middle-class suburb could be, but becoming a visible member of a minority group in my late 30s opened blinders I didnt even realize were there.

I always considered myself aware of challenges faced by minorities, to the extent that someone raised in a lily-white, upper-middle-class suburb could be, but becoming a visible member of a minority group in my late 30s opened blinders I didnt even realize were there. I began to see barriers for others where I never would have imagined them before. I worked hard to educate myself, by listening to my friends and colleagues of color and by reading rather than scrolling past stories and links I might otherwise have skipped in the past. I learned how the attitude of not seeing color (or only seeing blue as has been said in the Air Force) can be perceived negatively, not the positive that so many seem to believe. I now know I dont see color is akin to saying I dont see the real you, your lived experiences, or your perspective. It shuts down sharing what we might need to hear and understand.

Most importantly, I took to heart just how much I didnt know and opened myself to learning and listening more.

3) Ability Hides in Diverse Minds

In his commencement speech to the graduates of the National Defense University on June 11, 2020 the Chairman of the Joint Chiefs of Staff said We all need to do better. For example, although the United States military has a higher proportion of African Americans serving in our ranks than in society at large, only 7% of our flag and general officers are African American. The Navy and Marine Corps have no African Americans serving above the 2-star level, and the Army has just one African American 4-star. [Authors note: The US Census Bureau estimates that African Americans are 13.4% of US population in 2019]

If the United States is to fight and win future wars, it will be done with brainpower. If those brains happen to be inside a transgender body we need to actively recruit and retain them. Turning away an individual who might be the innovative spark we need to revolutionize the way we fight in new domains would be disastrous. It deprives us of the future leaders that CJCS pointed out are missing. If the services dont seem like an attractive option, or worse, actively push away LGBTQ individuals, people of color, women, and other minorities through harassment, discrimination, or a mismatch between stated values and the culture of the services, we are hurting our capability and readiness.

Seeking and nurturing the abilities and strengths gained through diversity is a job for leaders. We must create and enforce a culture that promotes the dignity of every individual. At my first team meeting after taking command, I discussed my 3Ds: Diversity, Development, and Delight. I wanted everyone to know how much I valued them regardless of their background, that I would make time to help them develop, and that I was going to do my best to make sure we all enjoyed it along the way. Leaders who embrace diversity lay the foundation for a 4th D: Dividends for the nation.

4) The Pressure Is Intense

As recently as 2008, less than 1 in 12 Americans said they knew a trans person, by 2015 (just before open service was allowed in the military) it was only up to 1 in 6. Ask a trans person how many times theyve heard Oh, youre the first transgender person Ive ever met, treated, or worked with and youll probably hear More than I can count. Being the first anything someone meets is both a blessing and a curse; whatever you do, for good or ill, can be seen as a reflection of your whole minority group. Trans people are portrayed as negative stereotypes in popular culture (villains in movies) and some have formed opinions that military trans people are traitors (how they might see Chelsea Manning) or that well be hormonal disasters and will rage or weep over our gender identity when the bullets are flying. Being the first transgender person someone meets is an opportunity to confirm or destroy those stereotypes.

A year after coming out I moved to a position in Air Force International Affairs and worked for a Colonel on his final assignment. When I met him, I explained my situation and he responded that I was the first trans person hed ever met, but he expected me to take care of what I needed to do. At his retirement 10 months later, he told me that I broke his stereotype of what a trans person was simply by coming to work and doing my job every day. I shudder to think what his stereotype had been, but I was glad he gave me the opportunity to change it.

Being the first also means trans people must be educators and serve as their own best advocates. In many cases the patient must teach the doctor that they arent fragile and the Airman must teach the Commander how to navigate policy. Its not a comfortable position for people in a military culture where we expect to look up and receive wise counsel from our seniors. (Need a transition?)

Command is often described as living in a fishbowl where your every action is watched and analyzed. Add the stress of being the first or only minority in the role and its like being the ant on a sunny day and everyone around you is a kid with a magnifying glass. This describes the concept of minority stress, which distinguish(es) the excess stress to which individuals from stigmatized social categories are exposed as a result of their social, often a minority, position. This stress, particularly when it comes directly from the president tweeting that transgender people are a burden and disruption to the military and should not serve, combined with the desire to set a positive example, leads many trans people to hold themselves to an even higher standard than whats expected, which in turn reinforces the stress. Some dont make it, or choose not to face it, but surviving that pressure forges impressive character.

5) Im a Better Leader Now

Two years of command brought many challenges, but the most difficult items to deal with were the people-centric issues. Suicide, sexual harassment and retaliation, hostile work environments, inappropriate relationships, and officer misconduct are just a few of the things Ive learned far more about than I ever imagined. As an engineer, I studied root cause analysis methods that figure out exactly why and how problems occur, but its much harder to pull the why out of a person than the how out of a machine. However, everything I learned from my experience as a trans person made me a better listener, grew my empathy, and pushed me to evaluate the situation beneath the surface. For example, my organization held discussions on race and racism less than a week after George Floyd was killed, well before most of the force as guidance to do so started to trickle down from senior leaders. Our discussion led to people of color sharing revelatory information which enabled me to help them; something that might not have happened without previously building trust through the skills I learned.

This is not to say I didnt make mistakes, I made a lot of them! But without the lessons of being trans, I might have made more of them and I might not even have made it to a command position. A week after I came out as transgender, my organization at the Pentagon got a new two-star general. On his second day, I talked to him for an hour and a half about transgender service issues. I had never spent more than 5-10 minutes alone with a general and they were miserable career counseling experiences. This was different; he listened more than he talked. As a pilot, he related his experiences from the Dont Ask, Dont Tell era where everyone in the squadron knew who was gay, but it didnt matter. What mattered was that the person flying on your wing knew the mission and was capable of executing it.

A week later I got a call from him asking if I wanted to be his executive officer. It was a chance to see the Air Force from a different perspective and to learn from someone I deeply respected. I was probably the first person in the Armed Forces to be offered a job because I was transgender instead of being fired for it. Not only did I learn so much, but as a Major being considered for promotion and command, having a general officer as my direct supervisor gave me an advantage I wouldnt have had otherwise.

Being trans also gave me an opportunity to develop my leadership skills outside of my duty, but still within the military community. In 2014 I joined SPART*A, an organization that educates and advocates on behalf of trans service members while also providing peer support. Within SPART*A I got to see the struggles trans service members faced across the military and how they were often amplified if the person wasnt white or an officer. In almost every assignment Ive been in prior to command, Id been near the bottom of the org chart and had directly supervised only one person for one year, but within SPART*A I was suddenly the senior Air Force officer and building leadership skills that ensured we took care of people and accomplished our mission.

As I look back at command, I see things I wish I had done differently, some of which still keep me up at night, but I also see success and the shared joy that comes with a job well done. I learned that it wasnt my own success that drove me, it was watching my folks win two Team of the Year awards, getting others promoted, and hearing thank you for listening. Without the skills I learned along the way, I dont know if that would have been possible or if I could have supported others in the way Ive been supported.

Ultimately, my story isnt about what we accomplished. Its about grabbing an opportunity and turning what could have been a liability into professional strengths. Today, Im grateful I admitted that the person wearing the sports coat in my mirror could be better, that the mirror now reflects the real me, and that I was able to make the journey with my Air Force family.

Lt. Col. Bree B. Fram is on her way to the Naval War College in Newport, RI. She recently completed a command assignment as Materiel Leader, Cyberspace Integration and Transition at the Air Force Research Laboratory in Rome New York.

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A Command Transition - Inkstick

To live up to the hype, quantum computers must repair their error problems – Science News

Astronaut John Glenn was wary about trusting a computer.

It was 1962, early in the computer age, and a room-sized machine had calculated the flight path for his upcoming orbit of Earth the first for an American. But Glenn wasnt willing to entrust his life to a newfangled machine that might make a mistake.

The astronaut requested that mathematician Katherine Johnson double-check the computers numbers, as recounted in the book Hidden Figures. If she says theyre good, Glenn reportedly said, then Im ready to go. Johnson determined that the computer, an IBM 7090, was correct, and Glenns voyage became a celebrated milestone of spaceflight (SN: 3/3/62, p. 131).

A computer that is even slightly error-prone can doom a calculation. Imagine a computer with 99 percent accuracy. Most of the time the computer tells you 1+1=2. But once every 100 calculations, it flubs: 1+1=3. Now, multiply that error rate by the billions or trillions of calculations per second possible in a typical modern computer. For complex computations, a small probability for error can quickly generate a nonsense answer. If NASA had been relying on a computer that glitchy, Glenn would have been right to be anxious.

Luckily, modern computers are very reliable. But the era of a new breed of powerful calculator is dawning. Scientists expect quantum computers to one day solve problems vastly too complex for standard computers (SN: 7/8/17, p. 28).

Current versions are relatively wimpy, but with improvements, quantum computers have the potential to search enormous databases at lightning speed, or quickly factor huge numbers that would take a normal computer longer than the age of the universe. The machines could calculate the properties of intricate molecules or unlock the secrets of complicated chemical reactions. That kind of power could speed up the discovery of lifesaving drugs or help slash energy requirements for intensive industrial processes such as fertilizer production.

But theres a catch: Unlike todays reliable conventional computers, quantum computers must grapple with major error woes. And the quantum calculations scientists envision are complex enough to be impossible to redo by hand, as Johnson did for Glenns ambitious flight.

If errors arent brought under control, scientists high hopes for quantum computers could come crashing down to Earth.

Conventional computers which physicists call classical computers to distinguish them from the quantum variety are resistant to errors. In a classical hard drive, for example, the data are stored in bits, 0s or 1s that are represented by magnetized regions consisting of many atoms. That large group of atoms offers a built-in redundancy that makes classical bits resilient. Jostling one of the bits atoms wont change the overall magnetization of the bit and its corresponding value of 0 or 1.

But quantum bits or qubits are inherently fragile. They are made from sensitive substances such as individual atoms, electrons trapped within tiny chunks of silicon called quantum dots, or small bits of superconducting material, which conducts electricity without resistance. Errors can creep in as qubits interact with their environment, potentially including electromagnetic fields, heat or stray atoms or molecules. If a single atom that represents a qubit gets jostled, the information the qubit was storing is lost.

Additionally, each step of a calculation has a significant chance of introducing error. As a result, for complex calculations, the output will be garbage, says quantum physicist Barbara Terhal of the research center QuTech in Delft, Netherlands.

Before quantum computers can reach their much-hyped potential, scientists will need to master new tactics for fixing errors, an area of research called quantum error correction. The idea behind many of these schemes is to combine multiple error-prone qubits to form one more reliable qubit. The technique battles what seems to be a natural tendency of the universe quantum things eventually lose their quantumness through interactions with their surroundings, a relentless process known as decoherence.

Its like fighting erosion, says Ken Brown, a quantum engineer at Duke University. But quantum error correction provides a way to control the seemingly uncontrollable.

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Quantum computers gain their power from the special rules that govern qubits. Unlike classical bits, which have a value of either 0 or 1, qubits can take on an intermediate state called a superposition, meaning they hold a value of 0 and 1 at the same time. Additionally, two qubits can be entangled, with their values linked as if they are one entity, despite sitting on opposite ends of a computer chip.

These unusual properties give quantum computers their game-changing method of calculation. Different possible solutions to a problem can be considered simultaneously, with the wrong answers canceling one another out and the right one being amplified. That allows the computer to quickly converge on the correct solution without needing to check each possibility individually.

The concept of quantum computers began gaining steam in the 1990s, when MIT mathematician Peter Shor, then at AT&T Bell Laboratories in Murray Hill, N.J., discovered that quantum computers could quickly factor large numbers (SN Online: 4/10/14). That was a scary prospect for computer security experts, because the fact that such a task is difficult is essential to the way computers encrypt sensitive information. Suddenly, scientists urgently needed to know if quantum computers could become reality.

Shors idea was theoretical; no one had demonstrated that it could be done in practice. Qubits might be too temperamental for quantum computers to ever gain the upper hand. It may be that the whole difference in the computational power depends on this extreme accuracy, and if you dont have this extreme accuracy, then this computational power disappears, says theoretical computer scientist Dorit Aharonov of Hebrew University of Jerusalem.

But soon, scientists began coming up with error-correction schemes that theoretically could fix the mistakes that slip into quantum calculations and put quantum computers on more solid footing.

For classical computers, correcting errors, if they do occur, is straightforward. One simple scheme goes like this: If your bit is a 1, just copy that three times for 111. Likewise, 0 becomes 000. If one of those bits is accidentally flipped say, 111 turns into 110, the three bits will no longer match, indicating an error. By taking the majority, you can determine which bit is wrong and fix it.

But for quantum computers, the picture is more complex, for several reasons. First, a principle of quantum mechanics called the no-cloning theorem says that its impossible to copy an arbitrary quantum state, so qubits cant be duplicated.

Secondly, making measurements to check the values of qubits wipes their quantum properties. If a qubit is in a superposition of 0 and 1, measuring its value will destroy that superposition. Its like opening the box that contains Schrdingers cat. This imaginary feline of quantum physics is famously both dead and alive when the box is closed, but opening it results in a cat thats entirely dead or entirely alive, no longer in both states at once (SN: 6/25/16, p. 9).

So schemes for quantum error correction apply some work-arounds. Rather than making outright measurements of qubits to check for errors opening the box on Schrdingers cat scientists perform indirect measurements, which measure what error occurred, but leave the actual information [that] you want to maintain untouched and unmeasured, Aharonov says. For example, scientists can check if the values of two qubits agree with one another without measuring their values. Its like checking whether two cats in boxes are in the same state of existence without determining whether theyre both alive or both dead.

And rather than directly copying qubits, error-correction schemes store data in a redundant way, with information spread over multiple entangled qubits, collectively known as a logical qubit. When individual qubits are combined in this way, the collective becomes more powerful than the sum of its parts. Its a bit like a colony of ants. Each individual ant is relatively weak, but together, they create a vibrant superorganism.

Those logical qubits become the error-resistant qubits of the final computer. If your program requires 10 qubits to run, that means it needs 10 logical qubits which could require a quantum computer with hundreds or even hundreds of thousands of the original, error-prone physical qubits. To run a really complex quantum computation, millions of physical qubits may be necessary more plentiful than the ants that discovered a slice of last nights pizza on the kitchen counter.

Creating that more powerful, superorganism-like qubit is the next big step in quantum error correction. Physicists have begun putting together some of the pieces needed, and hope for success in the next few years.

Massive excitement accompanied last years biggest quantum computing milestone: quantum supremacy. Achieved by Google researchers in October 2019, it marked the first time a quantum computer was able to solve a problem that is impossible for any classical computer (SN Online: 10/23/19). But the need for error correction means theres still a long way to go before quantum computers hit their stride.

Sure, Googles computer was able to solve a problem in 200 seconds that the company claimed would have taken the best classical computer 10,000 years. But the task, related to the generation of random numbers, wasnt useful enough to revolutionize computing. And it was still based on relatively imprecise qubits. That wont cut it for the most tantalizing and complex tasks, like faster database searches. We need a very small error rate to run these long algorithms, and you only get those with error correction in place, says physicist and computer scientist Hartmut Neven, leader of Googles quantum efforts.

So Neven and colleagues have set their sights on an error-correction technique called the surface code. The most buzzed-about scheme for error correction, the surface code is ideal for superconducting quantum computers, like the ones being built by companies including Google and IBM (the same company whose pioneering classical computer helped put John Glenn into space). The code is designed for qubits that are arranged in a 2-D grid in which each qubit is directly connected to neighboring qubits. That, conveniently, is the way superconducting quantum computers are typically laid out.

As in an ant colony with workers and soldiers, the surface code requires that different qubits have different jobs. Some are data qubits, which store information, and others are helper qubits, called ancillas. Measurements of the ancillas allow for checking and correcting of errors without destroying the information stored in the data qubits. The data and ancilla qubits together make up one logical qubit with, hopefully, a lower error rate. The more data and ancilla qubits that make up each logical qubit, the more errors that can be detected and corrected.

In 2015, Google researchers and colleagues performed a simplified version of the surface code, using nine qubits arranged in a line. That setup, reported in Nature, could correct a type of error called a bit-flip error, akin to a 0 going to a 1. A second type of error, a phase flip, is unique to quantum computers, and effectively inserts a negative sign into the mathematical expression describing the qubits state.

Now, researchers are tackling both types of errors simultaneously. Andreas Wallraff, a physicist at ETH Zurich, and colleagues showed that they could detect bit- and phase-flip errors using a seven-qubit computer. They could not yet correct those errors, but they could pinpoint cases where errors occurred and would have ruined a calculation, the team reported in a paper published June 8 in Nature Physics. Thats an intermediate step toward fixing such errors.

But to move forward, researchers need to scale up. The minimum number of qubits needed to do the real-deal surface code is 17. With that, a small improvement in the error rate could be achieved, theoretically. But in practice, it will probably require 49 qubits before theres any clear boost to the logical qubits performance. That level of error correction should noticeably extend the time before errors overtake the qubit. With the largest quantum computers now reaching 50 or more physical qubits, quantum error correction is almost within reach.

IBM is also working to build a better qubit. In addition to the errors that accrue while calculating, mistakes can occur when preparing the qubits, or reading out the results, says physicist Antonio Crcoles of IBMs Thomas J. Watson Research Center in Yorktown Heights, N.Y. He and colleagues demonstrated that they could detect errors made when preparing the qubits, the process of setting their initial values, the team reported in 2017 in Physical Review Letters. Crcoles looks forward to a qubit that can recover from all these sorts of errors. Even if its only a single logical qubit that will be a major breakthrough, Crcoles says.

In the meantime, IBM, Google and other companies still aim to make their computers useful for specific applications where errors arent deal breakers: simulating certain chemical reactions, for example, or enhancing artificial intelligence. But the teams continue to chase the error-corrected future of quantum computing.

Its been a long slog to get to the point where doing error correction is even conceivable. Scientists have been slowly building up the computers, qubit by qubit, since the 1990s. One thing is for sure: Error correction seems to be really hard for anybody who gives it a serious try, Wallraff says. Lots of work is being put into it and creating the right amount of progress seems to take some time.

For error correction to work, the original, physical qubits must stay below a certain level of flakiness, called a threshold. Above this critical number, error correction is just going to make life worse, Terhal says. Different error-correction schemes have different thresholds. One reason the surface code is so popular is that it has a high threshold for error. It can tolerate relatively fallible qubits.

Imagine youre really bad at arithmetic. To sum up a sequence of numbers, you might try adding them up several times, and picking the result that came up most often.

Lets say you do the calculation three times, and two out of three of your calculations agree. Youd assume the correct solution was the one that came up twice. But what if you were so error-prone that you accidentally picked the one that didnt agree? Trying to correct your errors could then do more harm than good, Terhal says.

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The error-correction method scientists choose must not introduce more errors than it corrects, and it must correct errors faster than they pop up. But according to a concept known as the threshold theorem, discovered in the 1990s, below a certain error rate, error correction can be helpful. It wont introduce more errors than it corrects. That discovery bolstered the prospects for quantum computers.

The fact that one can actually hope to get below this threshold is one of the main reasons why people started to think that these computers could be realistic, says Aharonov, one of several researchers who developed the threshold theorem.

The surface codes threshold demands qubits that err a bit less than 1 percent of the time. Scientists recently reached that milestone with some types of qubits, raising hopes that the surface code can be made to work in real computers.

But the surface code has a problem: To improve the ability to correct errors, each logical qubit needs to be made of many individual physical qubits, like a populous ant colony. And scientists will need many of these superorganism-style logical qubits, meaning millions of physical qubits, to do many interesting computations.

Since quantum computers currently top out at fewer than 100 qubits (SN: 3/31/18, p. 13), the days of million-qubit computers are far in the future. So some researchers are looking at a method of error correction that wouldnt require oodles of qubits.

Everybodys very excited, but theres these questions about, How long is it going to take to scale up to the stage where well have really robust computations? says physicist Robert Schoelkopf of Yale University. Our point of view is that actually you can make this task much easier, but you have to be a little bit more clever and a little bit more flexible about the way youre building these systems.

Schoelkopf and colleagues use small, superconducting microwave cavities that allow particles of light, or photons, to bounce back and forth within. The numbers of photons within the cavities serve as qubits that encode the data. For example, two photons bouncing around in the cavity might represent a qubit with a value of 0, and four photons might indicate a value of 1. In these systems, the main type of error that can occur is the loss of a photon. Superconducting chips interface with those cavities and are used to perform operations on the qubits and scout for errors. Checking whether the number of photons is even or odd can detect that type of error without destroying the data.

Using this method, Schoelkopf and colleagues reported in 2016 in Naturethat they can perform error correction that reaches the break-even point. The qubit is just beginning to show signs that it performs better with error correction.

To me, Aharonov says, whether you actually can correct errors is part of a bigger issue. The physics that occurs on small scales is vastly different from what we experience in our daily lives. Quantum mechanics seems to allow for a totally new kind of computation. Error correction is key to understanding whether that dramatically more powerful type of calculation is truly possible.

Scientists believe that quantum computers will prove themselves to be fundamentally different than the computer that helped Glenn make it into orbit during the space race. This time, the moon shot is to show that hunch is right.

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To live up to the hype, quantum computers must repair their error problems - Science News

JPMorgan Shows Its Chops in Quantum Computing. Heres Why It Matters. – Barron’s

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Quantum computing has the promise to reshape industries by unleashing computing power well beyond what traditional computers have. Logistics, pharmaceuticals and financial services all stand to benefit from applying the new technology.

JPMorgan Chase (ticker: JPM) published data last week about one of its quantum-computing experiments demonstrating the banks growing expertise in that realm. The academic-style paper is a little Byzantine, but investors should pay attention, because they will be hearing more about quantum computing from other players, including Honeywell (HON), Microsoft (MSFT) and Google parent Alphabet (GOOGL) in the near future.

In this paper, we present a novel, canonical way to produce a quantum oracle from an algebraic expression, the authors of the JPMorgan paper wrote. Thats a mouthful. Canonical, in this instance, appears to mean authoritative. And according to Microsoft, a quantum oracle is a is a black box operation that is used as input to another algorithm.

Microsofts definition only raises more questions and probably doesnt help many of the uninitiated, Barrons included. Classically, an oracle answers questions about the future. That isnt a bad analogy for quantum computing. The technology is mysterious and its power not completely understood by many peopleinvestors included.

The use of a quantum oracle, in this instance, makes doing complicated math with fibonacci numbers easier than with traditional computing systems. Fibonacci numbers form a sequence in which each number is the sum of the prior two. The sequences have applications in investing and information security, among other areas.

The Morgan team ran their experiment on the new Honeywell computer based on trapped-ion technology with quantum volume 64.

Honeywell has the hardware. And just before the JPMorgan paper was released, the industrial conglomerate announced it had created the worlds most powerful quantum computer, achieving a quantum volume of 64. Essentially, Honeywell has successfully tethered six q-bits, or quantum bits, together.

Quantum volume is an industry term. The number 64 comes from 2 raised to the power of 6. A big reason quantum computers can do more is the q-bits can have two values at the same time. Six bits can have, essentially, 64 states at once. Quite frankly, its all a little confusing.

Today, quantum computers can still be beaten in most applications by traditional computers. But quantum power is growing. The first Wright brother flight went 600 meters, Christopher Savoie, founder and CEO of quantum computing firm Zapata Computing, said. He was explaining how to think of the current generation of quantum-computing technology. The Wright brothers flight happened in 1903 and by 1918 there were air forces around the globe.

Zapata partners with Honeywell to help develop quantum programs, applications and algorithms. Zapata helps with the software running on Honeywell hardware used by JPMorgan.

The capability of [quantum computing] is exponential, Savoie said. There is a hockey-stick-like pattern that develops as more q-bits are added to the system. It will be tough to find an area of human activity where this wont help.

It is a little mind bending. But paying attention early will give investors an edge down the road.

JPMorgan stock was down more than 2% last week, worse than the 1.9% and 1% respective gains of the Dow Jones Industrial Average and S&P 500 over the same span. Honeywell shares gained 0.6% last week.

Write to Al Root at allen.root@dowjones.com

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JPMorgan Shows Its Chops in Quantum Computing. Heres Why It Matters. - Barron's

Is teleportation possible? Yes, in the quantum world – University of Rochester

Quantum teleportation is an important step in improving quantum computing.

Beam me up is one of the most famous catchphrases from the Star Trek series. It is the command issued when a character wishes to teleport from a remote location back to the Starship Enterprise.

While human teleportation exists only in science fiction, teleportation is possible in the subatomic world of quantum mechanicsalbeit not in the way typically depicted on TV. In the quantum world, teleportation involves the transportation of information, rather than the transportation of matter.

Last year scientists confirmed that information could be passed between photons on computer chips even when the photons were not physically linked.

Now, according to new research from the University of Rochester and Purdue University, teleportation may also be possible between electrons.

In a paper published in Nature Communications and one to appear in Physical Review X, the researchers, including John Nichol, an assistant professor of physics at Rochester, and Andrew Jordan, a professor of physics at Rochester, explore new ways of creating quantum-mechanical interactions between distant electrons. The research is an important step in improving quantum computing, which, in turn, has the potential to revolutionize technology, medicine, and science by providing faster and more efficient processors and sensors.

Quantum teleportation is a demonstration of what Albert Einstein famously called spooky action at a distancealso known as quantum entanglement. In entanglementone of the basic of concepts of quantum physicsthe properties of one particle affect the properties of another, even when the particles are separated by a large distance. Quantum teleportation involves two distant, entangled particles in which the state of a third particle instantly teleports its state to the two entangled particles.

Quantum teleportation is an important means for transmitting information in quantum computing. While a typical computer consists of billions of transistors, called bits, quantum computers encode information in quantum bits, or qubits. A bit has a single binary value, which can be either 0 or 1, but qubits can be both 0 and 1 at the same time. The ability for individual qubits to simultaneously occupy multiple states underlies the great potential power of quantum computers.

Scientists have recently demonstrated quantum teleportation by using electromagnetic photons to create remotely entangled pairs of qubits.

Qubits made from individual electrons, however, are also promising for transmitting information in semiconductors.

Individual electrons are promising qubits because they interact very easily with each other, and individual electron qubits in semiconductors are also scalable, Nichol says. Reliably creating long-distance interactions between electrons is essential for quantum computing.

Creating entangled pairs of electron qubits that span long distances, which is required for teleportation, has proved challenging, though: while photons naturally propagate over long distances, electrons usually are confined to one place.

In order to demonstrate quantum teleportation using electrons, the researchers harnessed a recently developed technique based on the principles of Heisenberg exchange coupling. An individual electron is like a bar magnet with a north pole and a south pole that can point either up or down. The direction of the polewhether the north pole is pointing up or down, for instanceis known as the electrons magnetic moment or quantum spin state. If certain kinds of particles have the same magnetic moment, they cannot be in the same place at the same time. That is, two electrons in the same quantum state cannot sit on top of each other. If they did, their states would swap back and forth in time.

The researchers used the technique to distribute entangled pairs of electrons and teleport their spin states.

We provide evidence for entanglement swapping, in which we create entanglement between two electrons even though the particles never interact, and quantum gate teleportation, a potentially useful technique for quantum computing using teleportation, Nichol says. Our work shows that this can be done even without photons.

The results pave the way for future research on quantum teleportation involving spin states of all matter, not just photons, and provide more evidence for the surprisingly useful capabilities of individual electrons in qubit semiconductors.

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Is teleportation possible? Yes, in the quantum world - University of Rochester

Two-Electron Qubit Points the Way to Scaling up Quantum Computers, According to RIKEN Research – HPCwire

June 22, 2020 The high-accuracy, resonant operation in silicon of a new type of qubitthe basic unit of data in quantum computershas been demonstrated for the first time by an all-RIKEN team1. This qubit overcomes a problem with conventional qubits in silicon, which has been a roadblock to scaling up quantum computers.

Quantum computers promise to revolutionize computing as they will be able to perform certain types of calculations much faster than conventional computers.

There are various competing technologies for realizing quantum computers, all with their advantages and disadvantages. One of the most promising is the use of electron spins in silicon. It has the huge head start of being able to apply the semiconductor manufacturing techniques used today for conventional electronics.

But in all these diverse technologies, quantum computers are based on qubitsthe quantum equivalent of bits in conventional computersand use them to store information and perform calculations.

In silicon-based quantum computers, the simplest qubit is the spin of a single electron, which can be in a superposition of two possible states: up and down. However, these qubits require high-frequency microwave pulses to control them, which are hard to focus down so that they only control one qubit without disrupting its neighbors.

Now, Seigo Tarucha, Kenta Takeda and three co-workers, all at the RIKEN Center for Emergent Matter Science, have realized high-accuracy operation using a qubit that employs the spins of two electrons, which can exist in the superposition of two states: up, down and down, up.

Compared to qubits based on single electrons, this qubit can be controlled by much lower frequency microwave pulses, which are easier to restrict to narrow areas. The big advantage of our qubit is that it doesnt require high-frequency control pulses, which are usually difficult to localize and can be a problem when scaling a system up, explains Takeda. The crosstalk caused by high-frequency signals can unintentionally rotate qubits near the target one.

While these two-electron qubits have been realized in previous studies, this is the first time that the accuracy of the operation was 99.6%.

Previous demonstrations of these qubits suffered from both nuclear and charge noises, Takeda notes. In this study, we used an improved device and operation scheme to mitigate the issues and show that the control fidelity of the qubit can exceed the 99% threshold for quantum error correction.

The team now intends to make their device even more accurate by rendering the nuclear noise negligible through employing a special type of silicon that contains only one isotope.

About RIKEN

RIKEN is Japans largest comprehensive research institution renowned for high-quality research in a diverse range of scientific disciplines. Founded in 1917 as a private research foundation in Tokyo, RIKEN has grown rapidly in size and scope, today encompassing a network of world-class research centers and institutes across Japan.

Source: RIKEN

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Two-Electron Qubit Points the Way to Scaling up Quantum Computers, According to RIKEN Research - HPCwire

Hub Security Releases First-of-its-kind Quantum-proof HSM – PRNewswire

TEL AVIV, Israel, June 22, 2020 /PRNewswire/ -- Following the close of its $5 million Series A funding round in late April, cybertech company Hub Security today unveiled its next-gen Hardware Security Module (HSM), the first to offer quantum-proof capabilities to enterprises. The new solution includes hardware-embedded support for quantum-resistant algorithms as well as quantum source of randomness features designed to protect against the next generation of cyber threats and attacks.

Quantum computing is rapidly advancing. IBM predicted in 2018 that quantum computing would be mainstream by 2023. IDC predicted in 2019 that "25% of the Fortune Global 500 will gain competitive advantage from quantum computing" by 2023. When quantum computing comes of age, today's encryption standards will no longer be secure and any data protected by them will no longer be private. That could usher in a wave of cyberattacks targeting organizations' most sensitive information.

Hub Security's newest HSM will help organizations weather the coming evolution of cyberattacks and threats related to quantum computing. While current industry-standard HSMs are equipped to run quantum computing algorithms, many of them provide these capabilities purely on a software level, making them low-performing and unsuitable for cloud and payment processing and other real-world applications.

"Within five to 10 years, quantum computing will be ubiquitous, and many companies that have heavily invested in cybersecurity will need to toss their current HSMs in exchange for high-performing quantum-proof devices," says Hub Security CTO, Andrey Iaremenko. "It's going to be a stark wake-up call for many industry leaders and enterprise organizations when they realize their investments in cyber protection don't go far enough to secure their company'sand customers'most sensitive digital assets."

Hub Security's HSM offers high-performance military-grade key management and cryptographic solutions built on FPGAs. Now coupled with its latest quantum-proof release, the company will enable cloud and enterprise industries to safeguard against massive attacks by novel and critical cyber threats.

As a growing number of industries turn to cloud and data storage, there is an increasing demand for cybersecurity solutions that can combat the unique threats they face. Hub Security's miniHSM is the first-of-its-kind pocket-sized HSM solution coupled with an ultra-secure HSM-to-HSM communication layer built uniquely for cloud, banking, healthcare, and government enterprises with scalable, air-tight security that can support any cloud-based or digital asset.

Hub Security utilizes military-grade cybersecurity principles for its HSM and handheld miniHSM devices' architecture that is designed for FIPS140-2 Level 4 protection (pending) the highest protection level currently available on the market for mobile cryptographic security.

The company's combination of hardware and software solutions includes ultra-secure internal signing and authorization flow with a multi-signature vault, hardware firewall, access control, rules, policy engines and an AI-learning system designed to anticipate unique cyberattacks.

About Hub Security

Hub Security is a top-tier, military-grade provider of HSM and key management solutions for fintech, cloud, and blockchain security. Leveraging military-grade cybersecurity tactics and utilizing cutting-edge innovations, Hub Security has developed a family of products that provide the highest level of enterprise security available on the market today. https://hubsecurity.io/

SOURCE Hub Security

https://hubsecurity.io/

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Hub Security Releases First-of-its-kind Quantum-proof HSM - PRNewswire

Atos takes the most powerful quantum simulator in the world to the next level with Atos QLM E – GlobeNewswire

Paris, 23 June 2020 Atos, a global leader in digital transformation, extends its portfolio of quantum solutions with Atos QLM Enhanced (Atos QLM E), a new GPU-accelerated range of its Atos Quantum Learning Machine (Atos QLM) offer, the world's highest-performing commercially available quantum simulator. Offering up to 12 times more computation speed, AtosQLME paves the way to optimized digital quantum simulation on the first, intermediate-scale quantum computers to be commercialized in the next few years (called NISQ - Noisy Intermediate-Scale Quantum).

By promising to apply, in the near-term, computation capabilities that are beyond the reach of even the most powerful existing computers to solve complex, real-life problems, NISQ devices will play an important role in determining the commercial potential of quantum computing. Herein lies a double challenge for the industry: developing NISQ-optimized algorithms is as important as building the machines, since both are required to identify concrete applications.

Integrating NVIDIAs V100S PCIe GPUs, Atos QLM E has been optimized to drastically reduce the simulation time of hybrid classical-quantum algorithms simulations, leading to quicker progress in application research. It will allow researchers, students and engineers to leverage some of the most promising variational algorithms (like VQE or QAOA) to further explore models fostering new drugs discovery, tackling pollution with innovative materials or better anticipation of climate change and severe weather phenomena, etc.

Bob Sorensen, Chief Analyst for Quantum Computing at Hyperion Research, said: Atos continues to play a key role in the advancement of the quantum computing sector by offering yet another world-class digital quantum simulator with increasingly powerful capabilities, this time through the inclusion of leading-edge NVIDIA GPUs. This latest Atos QLM offering uses a quantum hardware agnostic architecture that is well suited to support faster development of new quantum systems and related architectures as well as new and innovative quantum algorithms, architectures, and use cases. Since launching the first commercially available quantum system in 2017, Atos has concentrated its efforts on helping an increasing base of users better explore a wide range of practical business and scientific applications, a critical requirement for the overall advancement and long-term viability of the quantum computing sector writ large. The launch of the Atos QLM E is an exciting step for Atos but also for its clients and potential new end users, both of whom could benefit from access to these leading-edge digital quantum simulation capabilities.

Agns Boudot, Senior Vice President, Head of HPC & Quantum at Atos, explained: We are proud to help imagine tomorrows quantum applications. As we are entering the NISQ era, the search for concrete problems that can be solved by quantum computing technologies becomes critical, as it will determine the role they will play in helping society shape a better future. Combining unprecedented simulation performances and a programming and execution environment for hybrid algorithms, Atos QLM E represents a major step towards achieving near time breakthroughs

Atos QLM E is available in six configurations, ranging from 2 to 32 NVIDIA V100S PCIe GPUs. Atos QLM customers have the possibility to upgrade to Atos QLM E at any moment.

The Atos QLM user community continues to grow. Launched in 2017, this platform is being used in numerous countries worldwide includingAustria, Finland, France,Germany, India, Italy, Japan, the Netherlands, Senegal,UKand theUnited States, empowering major research programs in various sectors like industry or energy. Atos ambitious program to anticipate the future of quantum computing the Atos Quantum program was launched in November 2016. As a result of this initiative,Atos was the first organization to offer a quantum noisy simulation module within its Atos QLM offer.

***

About AtosAtos is a global leader in digital transformation with 110,000 employees in 73 countries and annual revenue of 12 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos|Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

Press contact

Marion Delmas | marion.delmas@atos.net | +33 6 37 63 91 99 |

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Atos takes the most powerful quantum simulator in the world to the next level with Atos QLM E - GlobeNewswire